Payday Loan Faq's

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1. How do I apply for a cash advance loan?

Just click the APPLY NOW button on our home page. Online application links are also provided at the bottom of every page.

3. How am I approved?

You are approved based on the fulfillment of our few requirements.

  • Current job held for at least three months.
  • Monthly income of at least $1000.
  • Valid and current checking account of at least 90 days old.

4. How will you contact me if approved?

If you are approved a loan, our representative will contact you by phone or E-mail.


5. Do I need to submit any papers?

There is no need to fax any paperwork, or E-mail any documents. This is completely a faxless application.


6. How should I repay the loan – cash, check or credit?

Repaying your loan is automatic and convenient. An electronic withdrawal will be made from the account you provided to us on your loan application on the loan’s due date via an ACH transaction. If there is any change in your banking information, please email your new bank account to at least 2 business days before noon Pacific time on the date the loan is due in order for the change to be processed for the current payment . This way, you need not have to write a check or pay for postage.

7. How long do I have before I must pay the loan back?

You have time until your next payday arrives.

8. What happens if I simply cannot pay the loan back by my payday?

Please contact us as soon as possible. If you contact us at least two days before the payment due date, we can extend the date for you.


9. How much can I borrow?

The loan amount we offer will be proportional to your current monthly income. If you are a first-time borrower, you can receive up to $400.

10. What are your Annual Percentage Rates?

Our APR generally ranges from 365.00% to 1,564.28%, or about $30 for every $100 borrowed.

11. What is an ACH transaction?

ACH stands for Automatic Clearing House Transaction. An ACH transaction is a process of electronically depositing or withdrawing funds from an account. When you provide a check as payment on your loan application, you authorize us to process the payment as a check transaction.

12. Can I request a loan on weekends?

Yes. You can request a loan over weekends but you just will not receive it as quickly. Any loans requested on Fridays before 8:00 p.m. (EST) will be deposited on the following Monday. For any application received over the weekend, you will receive your funds on the next business day on Monday

13. Collection and Use of Bank Account Information:

If we extend credit to a consumer, we will consider the bank account information provided by the consumer as eligible for us to process payments against. If you have any questions, please contact us.

If your question is not listed here, E-mail us at

Why wait for a next payday? CentralPayday gives you instant access to money. Apply for online payday loans from direct lenders only with no credit check and meet your unexpected financial needs easily.

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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 individual 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. 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.