Direct Deposit Loans in Minutes from a Direct Lender

Online Direct Deposit Loans

Standing in line, waiting for your turn just to apply for a loan in extreme weather isn't the most ideal situation to be in, especially when all you require is a few hundred dollars. Traditional lenders offering installment loans and conventional payday loan lenders, both require you to put yourself through the stringent process of having to travel, skip work and then end up in a queue waiting for your turn to apply. However, you can now get a direct deposit loan in minutes from a direct lender online, that too from the comfort of your home, without having to go through the hassle that old-school lenders, unfortunately, tend to put you through.

Here's How You Can Get Direct Deposit Loans in Minutes

People often refer to these funds as "same day direct deposit loans" only because these loans live up to their name. You can indeed get a same day deposit payday loan from a direct lender online, and all you have to do to get approved is get through the simple eligibility terms put forth by your lender. Applications are easy, approvals even easier and transfers are even easier than that since funds are directly deposited into your account; you don't have to travel to a store to collect your cash. Here's the simple 3 step process that every borrower has to go through to get a same day loan online with direct deposits:

Apply Online by filling out a basic form that takes just a few minutes to complete, and attach the documents required which are fairly simple ones.
Get Approved. All you have to do is sit back and relax while we go through your loan request and approve it.
Get Funds Directly Transferred Into Your Account which shall reach you within 24 hours, without requiring you to put in time and money to travel all the way to your lender's store.

Our Goal - To Serve as an Instant Loan Direct Lender that You Can Rely Upon

How to Get a Payday Loan Without A Direct Deposit?

There are plenty of reasons why one should ideally avoid going to a store to apply for a payday loan and do it online instead. First, you will have to look up the opening hours of your store-based lender, which may clash with your own working hours. Then, you may have to apply for leave to be able to visit the store, potentially losing out on a day's payment if you work on an hourly/daily basis or if you do not have any paid leaves left to make use of. After all the hassle, you will have no option but to put in your time and possibly some money too to travel to the store you looked up. The worst part? After going through all of that, you may be needed to wait in a queue for your turn.

However, online payday loan alternative with direct deposit do require one simple thing from their borrowers - and that is for them to have a checking account to which the funds can be transferred. Unfortunately, not everyone may own a checking account of their own, which is why they may have to fall back on the former option, i.e., of traveling to a store.

If you're among that handful of people who do not have checking accounts yet, you could always choose to visit a store-based lender instead to receive your loan directly in the form of cash. Nevertheless, we do advise you to explore options online and consider opening a checking account in your name to make life easier for yourself.

Get Direct Deposit Loans in Minutes from a Trusted Direct Lender

There are plenty of benefits that online direct deposit loans come with, and very few disadvantages. One such disadvantage is the fact that these loans come with fairly higher interest rates, as compared to traditional loans. However, their interest rates aren't very different from the ones offered by store-based payday loan lenders. However, if one is looking for a small amount of money to avail quickly, it is safe to say that online direct deposit loans are the right choice.

The next disadvantage would be that there could be a possibility of a borrower getting scammed by a fraudulent online loan lender. However, there are ways to figure out which lender is a legitimate one and which lender isn't.

One way would be to check out the reviews on various lender reviewing platforms. Another way would be to understand the terms of most online loan lenders, and if a particular lender whom you may be considering does not put forth these terms, s(he) in most likelihood would be fraudulent.

If a lender asks you for any kind of "fee" that you have to submit before even receiving your loan, that lender would be a no-go. Also, always check your state's regulations regarding online payment and installment loans to know more, and to get a clearer picture of the trade.

Silver Financial Capital is an online trusted lender offering direct deposit loans, for quick funding solutions. We are a legitimate firm offering loans online that can be availed by meeting very simple eligibility terms, and we ensure to follow the state regulations laid down by the government.

What Are the Easy Eligibility Terms?

Applying for a direct deposit loan which you can receive on the same day from us is very simple and requires just a handful of very simple and basic documents. These requirements are so basic that you can rest assured that they are very easy to meet, for almost everybody. They include:

Your income statement/ Paystub
Social Security Number
Checking account details
Contact details (that we may verify)
Age proof (18+)

As long as you meet the few basic eligibility terms, you shall be granted a loan in no time without any hesitation. After approval, we shall transfer your loan without causing a delay which shall reach you within just a matter of 24 hours (depending on the policies of your bank and how fast they approve this transfer).

Can You Get Direct Deposit Loans with Bad Credit?

The worst situation to be in when you're in dire need of cash is that of bad credit. Bad credit can really minimize your loan options and even though you may not like it, you may be forced to apply for a loan with a higher interest rate. Your approval may get delayed or even rejected by many lenders. Even though this may be among the few options of being able to receive a tiny amount of cash, it could be what a bad credit score borrower may need in his time of crisis. You don't have to worry about your faulty rating any longer, since you can easily receive a direct deposit loan from us, even with bad credit. Since we do not depend on credit checks to fund our borrowers because it gives us an idea about their past financial status over their present, we instead ask for the income statements of our borrowers, which is a document that proves one's ability to repay a loan.

However, even though our direct deposit loans come with no credit checks, we offer only an amount that seems to be appropriate enough to give a borrower, depending on his/ her monthly income.

Apply Now

Consumer Notice

This service and website is an invitation to send us a loan application, not an offer to make a loan. We are registered with the Department of Financial Institutions of Utah. If we approve your loan application, the money will be disbursed from our account in Utah. Laws governing consumer credit and loans in Utah may differ from the laws of the state where you live/reside. This service may or may not be available in your particular State.The available loan product types and loan amounts vary with the market/state of your residence/application. Loans are subject to State laws, eligibility, underwriting, and approval. Rates, fees, terms, and conditions apply.

Credit approval on your application may be based on information received in part or entirely from a national database, such as but not limited to TransUnion or eBureau.

Phrases such as "immediate approval", “instant approval”, "poor credit accepted", “bad credit accepted”, "instant loan", "instant deposit", "direct deposit", etc., and words or phrases with similar meanings, are only indicative and do not always apply. Certain conditions, state laws, and security considerations may require deviating from such conditions. Credit decisions and disbursements times are subject to system limits. In some cases, additional procedures may be required, which may delay the loan decision. Some restrictions may apply.

All loans offered by Silver Financial Capital Inc. are short-term loans. Short-term loans are intended to assist with certain short-term financial needs and not to serve as long-term financial solutions. Customers with credit-related issues and difficulties are advised to seek credit counseling.

Online Direct Deposit Loans in Minutes