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How to Get a Loan in 1 Hour? [Quick Guide to Direct Deposit Loans]

Jan 5, 2023 | Loans

Everybody faces unexpected expenses in their lifetime. The problem is that most Americans lack the cash to cover emergencies or urgent scenarios.

1-hour direct deposit loans can help solve crises, offering small amounts such as $100 wired right to your bank in an hour, pending your eligibility. You can check out our website if you want to apply for your one-hour loan.

Otherwise, read on to learn how to get a loan in 1 hour.

What Are 1-Hour Direct Deposit Loans?

1-hour direct deposit loans are financial products designed to lend to prospective borrowers needing emergency cash. Many Americans might find themselves in limbo if they face an urgent scenario yet lack the funds to cover the expenses until payday.

A direct deposit loan paper with money

These one-hour loans help customers get the cash they need quickly and straight into their bank account. It’s a simple application process with no credit check required. You’ll only need to verify your identity and prove income for repayments.

How can you get a 1-hour direct deposit loan? Find the best approach to securing the emergency funds you need below.

How Can I Get a Loan in 1 Hour?

Here’s the five-step process to securing a small loan in one hour or less.

1. Check that you’re eligible for a quick same-day loan.

One of the best features of 1-hour direct deposit loans is that you don’t need good credit to apply for one. However, there are specific eligibility criteria you’ll need to tick off before you apply for a loan.

To get a quick same-day loan, you must be:

At least 18 years old and…

  • A United States citizen or permanent resident
  • Able to prove income and validate your identity
  • Holder of an active checking account

 2. Compare loan providers and understand their conditions.

If you’re eligible for a 1-hour loan, the next step is to compare lenders to find what terms will suit your financial circumstances best. Many websites analyze different providers for quick loans, showing their rates for the amount you want.

Understand the terms and conditions behind each lender, and choose one that best suits your needs.

 3. Apply online for the loan by filling out a quick form.

Most 1-hour direct deposit loans make the application process straightforward to complete. The lender will have an online form where you must fill out personal details like the amount you want to borrow, your name, and proof of income.

It will take you around five minutes to complete the form.

 4. Await approval for the loan within the hour.

Once completed, hit the submit button and let the lender work magic. The provider will quickly process your application and ensure you’re eligible and can pay back your loan.

Once the lender is satisfied, you’ll get approved within an hour of application.

 5. Receive your cash to spend as you please!

And just like that, you’ll receive the amount in a direct deposit to spend as you please! There’s no limitation to what you can do with the loan, and the lender won’t check in to see how the money was spent.

A man handing out an approved 1-hour loan

You’ll have to make your repayments on time, where you’ll usually repay your loan balance with interest within the month.

So now, 1-hour direct deposit loans might be attractive if you need a small amount of emergency cash. Where do you start your search to get one?

Where Can I Get 1-Hour Direct Deposit Loans?

Minute Loan Center is one of the most efficient, practical providers of 1-hour direct deposit loans. You can check if you qualify without compromising your credit score, and you can get small amounts of cash within the hour if eligible.

Start your 1-hour loan process now if you need emergency funds!

Written by Antonie Meeker

The information provided is for informational purposes only and is not a substitute for professional financial advice. You should consult a credit counseling professional concerning the information provided and what should work best in your financial situation. And any action on your part in response to the information provided is at your discretion.

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