Check Your Rates To Find The Best Payday Loans in Idaho

$ 500 Your loan + $ 22 Your fee = $ 522 Total Cost*
* Total Cost - The sum of money you are to pay off within the term you’ve chosen if you borrow the stated above amount for the average (or required by your lender) APR.

How online Payday Loans in Idaho work?

If you're really hurting for money and need immediate funding, you can definitely get one applying for a Payday Loan online. Its amounts range from $100 to $1000 which seems enough for most emergency situations such as paying utility bills, repairing a car, home improvement, etc. A payday cash advance is a short-term credit, so you're expected to repay it within a month or sooner, usually as you get the next paycheck. Due to quick repayment Payday loans go with rather high interest rates, about 400% APR. But this number is calculated on a yearly basis and shouldn't frighten you. If you pay off the loan on time, it's not going to be that costly.

The population of Idaho in 2020 counting up to 1,753,860 people. More than 15% of employed adults in Idaho apply at least once a year for $1000 Payday Loans. And as the time shows, more than 131,539 people, even with bad FICO credit score get approved for small-dollar loan.

Personal installment loans are used by more than 47% of occupied population. It's obout 412,157 people.

Personal Loans such as mortgages, credit cards, auto loans and rents are borrowed by 83% of adult (from 18 to 65 years of age) residents of the state - it's 727,851 lending service users.

Our service cooperates with verified and reliable direct lenders. We send your application to them, and within a minute you’ll get a response from the best match. It’s quick and safe as all the data are ciphered.

In 2019-2020 "Payday loans in Idaho" gathered more than 500,000 hits on web search every month.

How Idaho Laws regulate the rates and terms of Payday Loans?

According the Idaho Credit Code (Idaho Code Ann. § 28-46-401 et seq.) the Idaho Department of Finance states Payday lending as a legal practice. The state’s residents are allowed to borrow up to $1000 of cash advance but not to exceed their monthly income. The terms to pay it off are not specified. Neither is the APR and other rates and fees. As many loans as you need can be taken at a time, but not more than $1000 in total. Three rollovers or renewals and a repayment plan for at least 60 days are available for those who can’t repay the money on time. You may be charged $20 for non-sufficient funds. But any criminal actions of debt collectors are illegal.

Idaho takes care of the state's residents and protects them from unaffordable credit or predatory lenders by imposing certain rules on short-term cash advance. According to Idaho legislation all legal businesses must provide Payday Loans at the following terms:

Legal Status Legal
MAX Loan Amount $1000
MIN Loan Amount $100
MIN APR 200%
Repayment Terms 14 - 30 days
Turnaround Time 1 business day

If you have any complaints, contact  Idaho Department of Finance, Idaho Department of Finance, 800 Park Blvd., Suite 200, Boise ID 83712, (208) 332-8000.

Do I qualify for Online Payday Loans in Idaho?

Being approved for a Payday Loan in Idaho is usually quite easy and in most cases guaranteed by a lender if you meet a few simple requirements:

  • you are Idaho resident;
  • you are of the legal age stated by Idaho;
  • you're permanently working;
  • you get stable monthly income;
  • you have a banking account,
  • you can verify your information with e-mail or phone number.

You can always pre-qualify for the necessary loan amount in Idaho online for free and check if you are eligible and what rates you can expect. We will send your request to 300+  legit Idaho Direct Lenders - it's much faster than applying individually to each one. And it's not going to affect your credit score as most companies don't do a hard inquiry.

Do Idaho Payday lenders guarantee approval to Bad Credit borrowers?

Idaho Payday Loans are definitely the right choice if your credit score is far from perfect. Not many residents of the state can boast of the FICO score higher than 630. However, It doesn't mean they can't get approved or the necessary cash advance. The majority of direct lenders operating in Idaho don't focus on the borrower's previous debts. It's more important for them to know that the money will be paid back. To check your ability to repay they may require a proof of income or employment. Credit check is not obligatory. 

Have a bad credit score? It's not a reason for worry. Apply now and in 99% of cases you'll get approved for instant funding.

How fast can I get a Payday Loan in Idaho?

The repayment terms of Idaho payday loans vary from a couple of weeks to a month. The turnaround time is usually the fastest possible. Same day Payday Loans are not rare. Of course, it depends on the time you submit a loan request and on your bank working hours. But as soon as you apply and your information is processed and verified the money is deposited into your account within several hours. 

Need money fast? Choose Idaho Payday Loans online and receive instant funding today!

Why apply for PaydayLoanLowRates in Idaho?

Applying for an emergency cash advance in Idaho on our website you get:

  • Quick Payday Loan;
  • Affordable repayment terms with an opportunity of early prepayment;
  • Approvement even to bad credit borrowers;
  • No hard credit check;
  • Chance to apply and compare a number of legit direct lenders choosing the offer with the lowest rates at your loan.

Select your city to APPLY FOR A QUICK PAYDAY LOAN IN Idaho