How Long Does It Take for an Alternative Payday Loan to be Processed?

Anelle Valdes
Anelle Valdes
pile of money with time running out of hourglass on top

Payday loans, as you may have heard, are rife with problems, from steep interest rates to demanding and unachievable payback deadlines. We here at Wise Loan don’t do payday loans; we do alternative payday loans. These are no hassle, no need for good credit, online installment loans ranging from $200 to $2000 where you can get your money fast. With a valid bank account and your contact information, your application is processed quickly and the money can be deposited into your account within 24 hours—or if you apply before 11am CT, the money can be in your hands the same day. PLUS timely repayment of your installment loan will earn you cash bonuses in your “Nest Egg” account. Don’t settle for a typical cash advance or the type of loan that doesn’t give anything back, apply for a Wise Loan today!

What’s the difference between alternative payday loans and regular payday loans?

Payday loans have a bad reputation—and justifiably so! Banks charge extremely high interest rates on payday loans. The produce high fees for banks, but are a usurious debt trap for bank customers. You often end up paying many times the original principal of the loan due to high interest and fees. Wise Loan’s Alternative Payday Loans have no hidden fees. Everything is stated right up front, clear and easy to understand. Furthermore, unlike many payday loans which expect you to pay off the loan in one lump sum, we encourage paying off in installments, and we reward you for it. As you pay it off and meet your deadlines, you earn bonus money in your “Nest Egg” account. Plus positive payment history helps build good credit.

What is the Nest Egg Account?

When you take out a loan from Wise Loan, every time you repay it on time, you’ll receive cash back in a nest egg account, approximately $1-$5 per $100 you borrow. By the time you’ve made all of your installment payments on time, you’ll be sitting on a nice little pile of money that you can use as a reward for your good repayment efforts. And if you refer a friend to wise Loan, you get $25 into your Nest Egg account.

Is Wise Loan a faceless corporation that couldn’t care less about you and your circumstances?

Nothing could be further from the truth. When you work with Wise Loan, you are assigned a loan manager who will shepherd you through the process—and not just the application and payout process, but all the way through installment repayment. You can contact one of our loan managers now via telephone, email, or chat.

That’s all there is to it!

Alternative payday loans are a more responsible loan program that gets better results through more compassionate payback terms and fees. If you need money fast, you can get it here as quick as today, and definitely within 24 hours.

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The recommendations contained in this article are designed for informational purposes only.  Essential Lending DBA Wise Loan does not guarantee the accuracy of the information provided in this article; is not responsible for any errors, omissions, or misrepresentations; and is not responsible for the consequences of any decisions or actions taken as a result of the information provided above.

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