5 best payday loans for bad credit direct lender with guaranteed approval in 2022

  (photo credit: UNSPLASH)
(photo credit: UNSPLASH)

Even though you may have a good strategy for spending your money and putting down a reasonable budget of all essential resources, unforeseen financial crises will frequently arise, prompting you to look for a quick solution.

Fortunately, various agencies offer short-term emergency loans even if you have a bad credit score. This post discusses the best payday loan lenders for people with a bad credit score.

Payday Loans For Bad Credit Direct Lender With Guaranteed Approval

1. Viva Payday Loans

Viva Payday Loans is a renowned online payday loan provider offering loans from $100 to $5,000, with terms from 12 to 24 months. Its APR varies from 5.99% to 35.99%. You'll be required to complete your online application by including some essential information in the form. Luckily, after submitting your application, the lender responds in less than two minutes.

Once your request is accepted, the system links you to one of the payday lenders who will provide you with the money. To simplify the processing of your loan, you may have to submit extra info to the lender. Such information may include address verification, evidence of income, and financial records.

You must submit your credentials too. If they are accepted, the lender will provide you with a loan contract that you'll be required to sign, stating that you agree to and will comply with the terms and conditions. The lender will then issue the loan to your bank account, which you’ll pay back via monthly debits from your account or as agreed.


  • The payout is done within 24 hours of approval and signing the contract 
  • The loans are available in amounts ranging from $100 to $5,000
  • Application and approval responses are completed promptly


  • Only accessible in some states

2. Heart Paydays

Heart Payday is a well-known lending gateway, particularly in populated areas of the United States. Most applicants find it handy because the entire application procedure is completed online and requires approximately five minutes.

Funding is typically completed in less than 60 minutes, or a maximum of 24 hours. Furthermore, this service offers loans to people who depend on government assistance, the jobless, and those who want financial aid to keep going until their next paycheck.

The platform provides loans from $100 to $5,000, which you’ll need to repay within 60 days. Nevertheless, you can still be given a repayment term of up to 24 months, depending on their loan.

While most lenders provide short-term loans with very competitive interest rates, Heartpayday has APRs ranging from 5.99% to 35.99 %.


  • There is no documentation or phone calls involved
  • Payouts can be disbursed in less than 60 minutes or within 24 hours in case of a delay
  • Low APR


  • High costs on some loan options.

Visit Heart Paydays >

3. Credit Clock 

Credit Clock is a dealer that offers applicants payday loans, poor credit loans, and personal loans. The site has a user-friendly interface, allowing for a better customer experience and a quick online application and approval process. Credit Clock is an example of an ideal payday loan service you may need whenever you want urgent funding to solve your financial troubles.

Applicants must earn at least $1,000 every month to qualify, be at least 18 years old, have a steady source of income, and live in the United States.


  • Individuals with bad credit also are accepted for the loan
  • The approval process takes around 5 minutes
  • The lender can process your loan within 24 hours or less


  • Applicants must have a monthly income of at least $1,000

Visit Credit Clock >

4. Money Lender Squad 

The Money Lender Squad is another financing website that provides low APR (no guarantor) to people in the United States. The platform is an excellent option when you need a short-term payday loan or a long-term personal loan.

The lenders determine your eligibility after submitting your application. The system links you with one of the lender's websites to finish the procedure in only a few minutes. Once you sign the contract, the funds will be wired to your account the following workday.


  • It provides more extended repayment periods
  • The application procedure is relatively quick
  • There is no need for a guarantor


  • You'll be charged higher interest rates if you have a poor credit score.

Visit Money Lender Squad >

5. Very Merry Loans 

Very Merry Loans is a lending program that links users with major lenders. It boasts a five-minute application, providing loans to those with less-than-perfect credit scores. Customers may acquire payday loans within 60 minutes or 24 hours. The lending system is simple: it acts as a broker, connecting potential customers with prominent lenders.

Very Merry Loans gives amounts from $100 to $5,000, with a suitable term based on your specific financial circumstances. The interest rates vary based on the provider, although most are between 5.99 and 35.99%. You are given between 7 to 31 days to pay back any debts under $2,000. Larger loan amounts give you a more extended repayment period of 24 hours.


  • There are options for repayment adjustments 
  • Unemployed people and others with poor credit can qualify
  • High loan amounts ranging from $100 to $5,000


  • The interest rates on 30-day loans are pretty high.

Visit Very Merry Loans >

Wrap Up 

Many different firms provide short-term loans and payday loans. The majority of them do not charge any upfront fees. Fortunately, some even offer early repayment choices that enable you to save money on interest. With customer service available 24/7 and affordable repayment terms, it's easy to understand why they're one of the most preferred options for getting emergency funds. If you consider getting a loan, we advise contacting the lenders directly.

This article was written in cooperation with Payday Ventures