How It Works
After you submit your loan request to Cash123.com, it is reviewed by our network of lenders and financial service providers. You can receive a loan decision in as fast as a few minutes, and receive your money as fast as the next business day.
Lenders in our network offer loans ranging from $100 to $1,000. The amount loaned to you can depend on the amount you received in your last paycheck, how often you get paid, and a variety of other factors. Most lenders will not lend you more than you can repay on your next payday.
The following are some basic requirements that the lenders in our network are looking for. Please note that meeting these requirements does not necessarily guarantee you will be approved for a personal loan:
- Recent paycheck stub showing an income of at least $1,000 a month, after taxes
- Employment at your current job for at least the last 90 days
- Over age 18 and a U.S. citizen or permanent resident
- Active checking account
- Active email address
- Active home and work phone numbers
Quick and Convenient Online Loans
Simplify your loan search. Complete and submit your online loan request in minutes, and access our national network of lenders – all from the comfort and convenience of your home.Get Started!
Submitting a Loan Request and Receiving Your Loan
Completing and submitting a loan request at Cash123.com is quick and convenient. After you submit your loan request to Cash123.com, it is reviewed by our network of lenders and financial service providers.
If you are approved for a cash advance by one of our lenders, the loan amount can be transferred into your bank account as soon as the next business day.
On the due date, which is usually your next payday, the cash advance provider will automatically debit the loan amount from the checking account provided on your loan request.
If you need to extend your loan beyond your next payday, just call your cash advance provider before the due date, and request an extension. Repayment terms will vary by lender so it is important to always review the terms before you finalize your loan.
Just follow the steps below to request the money you need:
- Fill out the online request form.
- If you are approved, the lender will email you its loan offer and details in as fast as a few minutes.
- Review the loan offer details, including interest rates, fees and repayment timeline carefully.
- E-sign the lender’s loan contract.
- Receive loan funds electronically in your checking account as soon as the next business day.