Direct Deposit Loan

Funding with No Credit Checks

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Applying Does NOT Affect Your Credit Score

Fast Online Instant Approvals

Fast Online
Instant Approvals

500,000 Customers


No Prepayment Fees

No Prepayment Fees

Flexible payments

Flexible payments

Installment and Payday Loans with Direct Deposits

Direct Deposit Loans

Central Payday is not just a payday lending service – we also offer installment loans with more convenient repayment options for those who prefer that. Our payday, as well as installment loans, feature direct deposits – we process automated transactions to deposit funds for every approved loan, right after the offer is accepted by the borrower. No paperwork, no faxing, and no delays – that’s how we have designed our process to be friendly for our valued borrowers.

What are Direct Deposit Loans?

Traditionally, a loan is required for a teller or an officer to process the final deposit of the amount into the borrower’s account. The process of releasing funds in such a loan is manual. At Central Payday, we employ an automated process that completes a “direct deposit” of the loan amount, which is carried out upon acceptance of our loan offer by the borrower.

Direct deposit loans feature these valuable benefits:

Can I Get Direct Deposits on the Same Day that I fill the Loan Application?

Direct deposit loans are typically fast. However, multiple stages and processes are involved in a loan’s approval, offer generation, acceptance, and deposit. Oftentimes, our loans indeed get processed and deposited on the day of application. That said, we cannot guarantee that all loans will be processed equally quickly as each loan’s approval may require different verifications and processed to be carried out to ensure an acceptable safety margin. Further, there are things you can do at your end to ensure your loan is processed sooner rather than later:

Do keep in mind that the loan deposit may require time to reflect in your account depending upon your bank’s system and processes.

Can I Get Direct Deposit Loans with a Bad Credit Score?

No matter how low your credit score is, our direct deposit loans are income-based and they remain available to you. Even with a credit score as poor as 250, you shall be able to secure up to $1,000 through our loans, subject to your eligibility as ascertained by our loan approval process which remains virtually independent of credit scores - our loans feature no hard credit checks.

Why Should I Choose a No Credit Check Loan?

No credit check loans, or loans that feature no hard credit check loans, offer certain advantages which are likely to make them the right choice for you:

Apply for a Direct Deposit Loan

Applying for a direct deposit loan is very simple when you choose Central Payday. We shall need these details/documents to assess your loan eligibility:

Once you hit the “Apply Now” button, you shall be directed to our convenient and fully online loan application form that shall get you started!

Why wait for your next payday? CentralPayday gives you instant access to the funds you need. Apply for a direct deposit loan and get your funds through a simple and quick online process.


Consumer Information

*THE OPERATOR OF THIS WEBSITE IS NOT A LENDER, does not broker loans to lenders, and does not make cash advances or credit decisions. This Website does not constitute an offer or solicitation to lend. This site will submit the information you provide to a lender. Providing your information on this Website does not guarantee that you will be approved for a cash advance. The operator of this Website is not an agent, representative, or broker of any lender and does not endorse or charge you for any service or product. Not all lenders can provide up to $1,000. Cash transfer times may vary between lenders and may depend on your financial institution. In some circumstances faxing may be required. This service is not available in all states, and the states serviced by this Website may change from time to time and without notice. For details, questions, or concerns regarding your cash advance, please contact your lender directly.

Terms such as “guaranteed approval”, “same day loans”, “instant approval”, “bad credit ok”, “one hour deposit”, “instant deposit”, “no credit check”, “second chance loans” etc. are only indicative. Certain conditions, federal or state laws, and safety considerations may require the loan approval and/or disbursal process to deviate from what such terms may imply. All loan products are subject to various terms and conditions and parts of the lending process may be subject to system limitations and third-party verifications which can cause time delays and loan rejections. Some restrictions may apply.

Short-term loans and cash advances are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution. Residents of some states may not be eligible for a cash advance based upon lender requirements. This service is not available in New York or to New York borrowers due to interest rate limits under New York law.