5 Best Easy Loans – Easy Online Loans For Bad Credit To Get & Quick Approval in 2022

There’s no denying that easy loans have long been the answer for the average American struggling with their finances. In fact, applying for easy online loans in 2022 is now easier than ever before. Gone are the days where applying for a loan involved the long, tedious process of queuing at the bank, convincing the bank manager you were good for the cash, and then providing copious amounts of never-ending paperwork. Loans used to be synonymous with red tape, but that’s no longer the case. Nowadays, thanks to the trusty internet, borrowers can apply for a loan from the comfort of their sofa without even taking their slippers off!

Most online application processes for online loans are simple to use and focus on being as user-friendly as possible. As a result, applying for loans has somewhat lost the negative connotations associated with old complex loan application processes. Instead, easy online loans provide borrowers with the fast convenience they need in today’s busy world. In addition, the fact that these applications can be made on most mobile devices enhances their versatility exponentially. Which brings us to the big question of which easy loans online are best suited to you and your needs.

Best Easy Loans 2022 – Quick Overview

Easy Loans General Eligibility Criteria

  • Borrowers must be 18 years or older

  • Hold a valid form of ID (passport/driver’s license)

  • Provide evidence of income (3 months bank statements & payslips)

  • Earn a minimum of $1,000 per month

  • Have a permanent US address (legally resident

Best Easy Online Loans – Bad Credit, Same Day – Full Reviews

Finding the best easy loan for you will depend on what the lender can offer and if this suits your unique needs. The five loan finder sites below will put you in touch with providers of easy approval loans in a flash. Their main aim is to match you to the best possible lender based on your circumstances and loan requirements. While none of these five sites are actual lenders, they can present you with some of the most recent loan deals on the market.

  1. Viva Payday Loans – Best For Easy Payday Loans



  • Quick payments in under an hour from approval

  • Borrowers with bad credit may apply (affordability assessments)

  • Contracts are direct with the lender (no middle man)


  • Higher interest rates/fees

Viva Payday Loans offer easy loans with interest rates between 5.99% and 35.99%. The application process for easy payday loans is simple and takes a quick two minutes to complete on the Viva Payday Loans website. The process involves filling out an online application form with your full name, ID, address, employment details, and providing a full list of your monthly expenses. Once you’ve submitted the form, the loan finding process is actioned. Within a short time, borrowers are matched with potential lenders who can offer the borrower easy payday loans ranging from $100 – $5,000. Repayment periods are usually between 2 and 24 months, but this will depend on the borrower’s affordability.

Lenders on the Viva Payday Loans panel are responsible lenders and so will want borrowers to evidence their affordability. Simply put, you will have to prove you can repay the easy loan. Therefore, they have a minimum income requirement of $1,000 and expect all borrowers to supply 3 months’ bank statements and payslips as proof. In addition, a valid form of ID and bank account are essential criteria for obtaining easy payday loans.

Click here to request funds at Viva Payday Loans >

  1. Heart Paydays – Best For Quick & Easy Online Application



  • 100% online application process

  • Varying loan amount options to suit individual needs

  • Easy application process


  • Loan applications can be rejected

If you are looking for easy online loans, Heart Paydays is your answer. They provide a free loan finder service that seamlessly matches borrowers and easy approval loan providers. As a result, requests are typically processed quickly, and subsequent payouts are made equally fast. Interest rates can be as low as 5.99% or as high as 35.99%, depending on the borrower’s circumstances and other mitigating factors. However, many lenders will look to reduce the interest and offer a competitive rate to their clients.

The Heart Paydays online request form for easy approval loans is one of the most user-friendly. In addition, easy loans for bad credit are readily available as lenders will base their decision on an affordability assessment, as well as a credit check in most cases. Therefore, loan applicants will be asked to supply their personal information such as full name, address, employment and banking details, and a list of their monthly expenses.

Lenders use this information to conduct an affordability assessment. If they can see you can afford to make the loan repayments each month, the loan is approved, and the funds are speedily paid into your bank account. It’s important to be as accurate as possible when providing the information as the lenders will verify information and could end up denying the loan. While Heart Paydays doesn’t carry out credit checks on applicants, the lenders considering the loan might.

Click here to request funds Heart Paydays >

  1. Credit Clock – Best For Fast Decision Process



  • Straightforward online application

  • Same day payments

  • 2-minute approval process


  • Possible high-interest up to 35.99%

Those searching for easy loans to get in a hurry won’t be disappointed with Credit Clock. Credit Clock matches loan applicants directly with lenders that offer fast, easy online loans with same-day payments. Same-day payments are an excellent form of finance for those who suddenly find themselves short of funds in an emergency!

Easy payday loans via Credit Clock range between $100 and $5,000 and have flexible repayment terms between 2 and 24 months. Of course, these loans also attract interest, ranging between 5.99% and 35.99%.

While most loan applications require a credit check, lenders reviewing applications for easy loans for bad credit focus more on the borrower’s affordability than their poor credit history. An affordability assessment usually entails comparing the borrower’s income to their expenses (income vs. outgoings) which is then verified against their bank statements and payslips. To be matched to potential lenders via the Credit Clock portal, your income must be at least $1,000 per month.

Click here to request funds at Credit Clock >

  1. Money Lender Squad – Best For Easy Repayment Options



  • Easy repayment terms and premiums

  • Same day payouts

  • Poor credit scores accepted


  • Expensive form of finance

Money Lender Squad is fast, accessible, and provides borrowers who need quick cash the convenience of same-day payments. Money Lender Squad is not a direct lender, but a loan matching service that puts lenders and borrowers in direct contact with each other. To request easy approval loans via Money Lender Squad, applicants are required to provide evidence they can afford to repay the loan. For example, applicants must supply the lender with bank statements and payslips (usually covering 3 months), hold a valid form of ID (driver’s license, passport), be living in the US (legally), and be 18 years or older.

In some cases, further information may be required, and additional criteria may need to be met, depending on the lender. Borrowers looking to boost their approval potential should also be in permanent employment and earn a minimum of $1,000 per month. Ensure you have 3-months’ worth of bank statements and pay slips available when making your application, as this will speed up the approval process should supporting documentation be requested.

Click here to request funds at Money Lender Squad >

  1. Very Merry Loans – Best For Affordable Loan Options



  • Small, budget-friendly loan amounts

  • No intermediary – direct contract with the lender

  • Enhances credit score for those with no credit history/poor FICO score


  • Limited loan options, mostly small

It’s not uncommon for the average American to have a poor FICO score. As of February 2022, 16% of Americans had a low FICO score of between 300 and 579. Only 1.2% of Americans were listed as having a perfect credit score of 850.

Unfortunately, life happens, and sometimes, this affects our credit history in a negative way. However, borrowers with a poor credit history or FICO score are still welcome to apply for easy loans for bad credit with Very Merry Loans. Very Merry Loans offers a range of small affordable loans that are super easy to repay.

Their range of easy loans for bad credit typically offers loan applicants the option of borrowing between $100 and $2,000, which must be repaid in 2 to 12 months. In addition, the online application process is uncomplicated and highly user-friendly.

To request easy loans via the Very Merry Loans portal, applicants must be 18 years or older and earn a minimum of $1,000 per month. You don’t have to be permanently employed but must prove that you earn at least $1,000 per month through rental income, dividends, trust payouts, benefits and so on. In addition, interest rates on easy loans for bad credit can vary between 5.99% and 35.99%. Applicants can expect to deal directly with the lender when finalizing their easy loan contract rather than with the proverbial middle man. Furthermore, the matching service provided by Very Merry Loans is free and won’t cost the loan applicant a dime!

Click here to request funds at Very Merry Loans >

What Are Easy Online Loans?

Easy online loans are small loan values ranging between $100 and $5,000, depending on the lender. Payment is usually made to the borrower on the same day as loan approval. These payday loans are considered quick and easy because they take just a few moments to apply for. Much the same, they’re easy when it comes to approvals. In fact, approvals take around 2 minutes and if the loan is approved, the payout is provided on the same day.

Easy online loans follow a specific loan model where the borrower indicates how much they need to borrow on a loan finder website. Then, they input their details with a simple online application. The borrower must provide all particulars including their name, address, ID, and a list of monthly expenses. The automated system then matches borrowers with providers of easy loans online. It is then up to the borrower to decide if any of the packages are a good idea. Once the money has been paid into the borrower’s account, the loan is activated and the borrower will need to repay the loan according to the stipulated, agreed schedule.

How We Chose The Best Easy Loans Online Same Day Deposit

Finding easy loans online is simple, but finding those that offer decent rates, flexible repayment terms, and transparency is entirely different. When piecing this guide together, we researched the top payday loans online that offer same-day deposits. Our mission was to find same-day lenders with a habit of helping borrowers get the cash they need without imposing high interest rates or impossible repayment schedules. Here is a sneak peek at the top criteria we had in mind when we were compiling this list of loan finders:

  • Quick turnaround time on matching service

  • Reputation for transparency and ethical lending

  • Easy-to-understand loan packages and terms

  • Access to a selection of lenders at once

  • Sites that offer easy loans for bad credit

  • Interest rates that range from 5.99% to 35.99%

  • Loan finders that put lenders in direct contact with borrowers

Advantages Easy Approval Loans

Easy Loans For Bad Credit

When using loan matching sites for easy approval loans, such as Very Merry Loans, Money Lender Squad, Credit Clock, and Viva Payday Loans, you are able to still apply for a loan even if you have bad credit. We don’t carry out credit checks ourselves, but the lender may carry out a check during the application process. Many lenders will provide bad credit borrowers with the funds they require if they can afford to repay the loan and their finances are currently in good standing.

Access To Quick Cash

One of the biggest perks of same-day payday loans is that they are approved and paid out fairly quickly. There is no time spent wondering if the loan has been approved – instead, once approved, the loan is promptly honored. Traditional banks are notorious for keeping borrowers waiting when they apply for a loan. The long wait can get uncomfortable if you need cash in a hurry. That is why so many borrowers turn to easy approval loans found on loan matching sites. Lenders are matched with borrowers most likely to approve and pay their loan, and the general understanding is that approved loans are paid out on the same day – often within as little as just 60 minutes.

Two-Minute Approval Processes

When you apply for easy loans online, it’s the generally accepted norm that you will know instantly if you qualify for a loan or not. The lenders that are presented by loan matching sites typically offer automated online systems, making easy online loans a quick process to action. Most online lenders presented by the above-mentioned loan finder sites ensure feedback on a loan request within two minutes.

Choose Between Interest Rates

When using a loan-finder or loan matching service, you will be able to choose between the lenders based on the interest rate offered. This gives the borrower at least some power and input in the process. And because so many lenders want to secure your easy loans business, they will become negotiable and even reduce their interest rate.

100% Online Application Process

Nothing is worse than applying for easy approval loans and standing in a queue or dealing with a financial professional, face-to-face. However, when using loan matching services, the entire process can be handled online, from making the initial application to receiving the funds into your bank account. This makes applicants feel more comfortable and provides absolute convenience too.

Click here to request funds at Viva Payday Loans >

Top Alternatives To Easy Approval Loans Online

Peer To Peer Lending

P2P lending is lending money to people or businesses through online services that typically match borrowers with lenders. Some might say that P2P lending provides easy loans to those who want to cut out the financial institution in the deal and enable individuals to get loans from individuals. The qualifying criteria for this type of lending are far less stringent than the traditional bank.

Credit Unions

Credit unions are an interesting concept, and if you happen to belong to one, you could have access to easy payday loans in the form of a low-cost credit union loan. Credit unions are not-for-profit self-help co-operatives. Members pool their savings and then use those savings to assist each member with obtaining low-interest credit. Earnings are returned to members in the form of credit with lower interest and fees.


Pawnshops are ideal for individuals looking for easy loans for bad credit. If you have a poor credit rating or no credit rating, you can easily get the cash you need at a pawnshop. There’s one catch, though. You have to be able to offer something of value for the pawnshop to hold onto while you’re using the cash they provide. This is “collateral” and is often a car, jewelry, expensive equipment, or similar. If you return the money as per the agreement, your collateral will be returned to you. The pawnshop will assess the collateral value and then offer easy loans of 25% to 50% of the assessed value. If you cannot return the money, the collateral can be sold to cover the costs. If you don’t have any collateral to offer, you may find it a better option to apply for an unsecured payday loan.

Secured Loans

Much like pawnshop loans, secured loans are easy approval loans because there’s some form of collateral involved. When you use a loan finder or loan matching site to get a secured loan, you will need to discuss acceptable forms of collateral directly with the lenders in question (every lender has its own terms). In most instances, borrowers offer up their car, home, or another type of vehicle as collateral. Secured loans are never given to the full value of the collateral but rather a percentage as agreed by the lender.

Bank Loans

Banks loans are not easy approval loans but loans with stringent eligibility criteria. Banks require borrowers to have a good credit rating and be able to prove affordability before they will grant a loan. The perk of a bank loan is that the interest rate is usually lower than payday easy loans online, and in some instances if you have a good FICO score, you can get approved for a larger loan amount than if you went the payday loan route. Bank loans work on a simple loan model. The borrower requests a loan, the bank carries out several checks, verifies information, and then determines the loan amount and interest rate offered. The borrower will then receive the funds, if all is approved, and will have to repay the loan according to a pre-agreed schedule. Most borrowers obtain bank loans from the bank with which they hold an account.

Click here to request funds at Viva Payday Loans >

Tips When Looking For Easy Online Loans

When scouring the market for easy approval loans, you may find yourself coming up with spans of options and just not knowing who to go with. How do you know which loans companies are reliable and which are not? Below are a few top tips to help you find the right lender for you based on the merit and good standing of the lender.

Use Loan Comparison Sites

Loan comparison sites are a great tool to use when searching for the best easy loans online. These sites typically gather information on the loan packages available online and help borrowers see how they stack up against each other. With this type of site, you can quickly compare loan amounts, interest rates, repayment terms, and ethics of the provider. Loan comparison sites can save borrowers a lot of time and take the guesswork out of the process.

Use Loan-Finder Sites

Using loan-finder sites such as Very Merry Loans, Money Lender Squad, Credit Clock, and Viva Payday Loans can help you get access to leading lenders on the market. While these are essentially loan matching sites, they provide a free service to the borrower. You simply input your requirements and details into the loan-finder system once and the automated process presents you with loan offers currently available on the market. Then it’s as simple as picking and choosing what’s right for you. Loan-finder sites don’t carry out credit checks on borrowers seeking easy approval loans but the lenders who opt to service them might.

Take Note Of Interest Rates

Interest rates play an important role in the decision-making process for borrowers. The interest rate is what you will pay extra, over and above the actual amount you borrow. Usually, with a low FICO score, individuals get lumped with a high-interest rate, making the loan expensive. Conversely, those with a good credit score typically get better interest rates. While most lenders offering easy loans online offer interest of between 5.99% and 35.99%, you should try and negotiate a better interest rate for yourself. In an attempt to be competitive, some lenders are open to reducing their interest.

Understand The Repayment Periods

If you’re in a hurry to get cash, you may overlook the very important aspect of the repayment period offered in hopes of securing easy approval loans quickly. If you jump into a loan contract with unrealistic repayment options, you may find yourself struggling to repay the loan. When using loan-finder sites, you will notice that most lenders offer 2 to 12-month repayment periods, or 2 to 24-month repayment periods. Make sure that you discuss your affordability and financial situation with the lender so that a repayment period and schedule can be worked out for you. If you think that you will pay the loan off quicker than the terms offered, it’s a good idea to negotiate terms that work for you as often settling loans early result in penalty fees.

Click here to request funds at Viva Payday Loans >

Must Knows To Avoid When Getting Easy Approval Loans Online

Getting a loan is a responsibility, which means that there are a few things you need to be realistic about and give some thought to before you get yourself tied into easy loans, even if it’s a short term loan. Here’s what you should consider:

Always Pay On Time

There’s no leeway for late payments when it comes to loans. Of course, life has its ups and downs and you may find yourself struggling to meet the payment deadline. If that’s the case, get in touch with your easy loans provider ahead of the time to let them know so that they can try and shift your direct debit date. Keep in mind that late payments often come with penalties, so simply skipping payments may become expensive for you in the long run. Much the same, paying your loan off ahead of the time may result in early payment penalties. This is why it’s important to read the terms and conditions of your loan carefully to ensure you’re aware of the possible penalties and fees.

Shop Around To Avoid High Interest Rates

Some lenders in the US will provide easy approval loans with the highest possible interest rate attached. While this is pretty standard, keep in mind that many lenders wish to remain competitive and so will do what they can to reduce their interest rates. Using a loan-finder site, you can determine which lenders already have the lowest interest rates on offer and can create a short list of providers to contact regarding their interest rates. It’s always worth asking if the interest rate can be lowered. When using the above-mentioned loan matching sites, you will find that interest rates can range from 5.99% to 35.99%.

Check Your Loan Agreement Terms Carefully

Every loan comes with a few pages attached, filled with the ins and outs of the loan agreement. You will find everything you need to know about your loan. Before signing the agreement, check it thoroughly and ensure that you understand all the terms. If you’re unsure of anything, it’s important to ask questions to be fully informed and know what you’re getting yourself into before you agree.


Easy loans are an excellent way to bridge the gap between paydays or unexpected cover bills. Who hasn’t suddenly found themselves faced with an emergency expense such as a broken-down car or boiler? These surprise bills can often leave us panicking about where to find the extra cash in a hurry. However, the five best easy loans providers mentioned in this article provide the financial ‘wriggle -room’ needed to quickly get borrowers back on their feet!

Click here to Request Funds at Viva Payday Loans >


How Can I Borrow Cash Instantly?

Most lenders for easy approval loans payout on the same day as the loan approval or the next working day.

Are Easy Payday Loans Secured Or Unsecured?

Easy payday loans are generally unsecured. This means there is no requirement for collateral or a guarantor.

Can I Get A Loan With No Credit History?

For those with no credit history, easy approval loans are the most easy loans to get. Lenders will base their loan decision on your affordability to check if you can repay the loan instead of rejecting your application due to a lack of credit history. Furthermore, some lenders will even help you build a credit history by offering small affordable loans.

Disclaimer: The loan websites reviewed are loan-matching services, not direct lenders, therefore, do not have direct involvement in the acceptance of your loan request. Requesting a loan with the websites does not guarantee any acceptance of a loan. The loan-matching websites may be paid a fee by their partners for the referral of your loan request. This article does not provide financial advice. Please seek help from a financial advisor if you need financial assistance. Loans available to U.S residents only.

The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

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