Best Payday and Title Loan Companies of 2022



A quick loan comes from a company that approves you and disburses the funding within days of completing the application. Many quick loans provide access to same-day cash, while traditional loans can take at least a week or more to be approved and funded. Quick loans are sought by people facing urgent financial difficulties who need quick access to cash to cover bills or urgent expenses. There are several types of fast loans.

Payday loans

Payday loans are short-term, high-interest loans granted for small dollar amounts, usually less than $1,000. They’re meant to be a short-term solution to help borrowers get a quick and easy cash advance that they can repay after they get their next paycheck.

Car title loans

Title loans are secured by the title of the borrower’s car, so the lender has the right to take possession of the vehicle if the borrower defaults on the loan. With a typical car title loan, borrowers repay the entire loan, interest, and any fees within a specified time frame, usually 15 to 30 days.

Interest only payment title loans

These loans work the same way as traditional title loans, but their repayment strategy is different. With interest-only payments, borrowers pay off the interest amount on the loan first. They are then required to repay the loan amount in full. Interest-only title loans generally last longer than traditional title loans. Be careful with this type of loan – you could end up paying more than you borrowed and not repay the loan.


With a pawnbroker, you take out a loan against an asset you own, such as jewelry, electronics, instruments, antiques, or collectibles. The pawnbroker gives you money and keeps the item until you repay the entire loan. If you can’t pay it back within the agreed time, the pawnbroker sells your item to recoup their losses. A pawnbroker is a quick way to get a cash loan without a lengthy application process or credit check.

Personal loans

A personal loan from a bank, credit union, or online lender can often take longer to fund than other quick loan options. However, some personal loans can be funded with a quick turnaround, sometimes with money arriving in your bank account within days. If you qualify, many personal loans have lower interest rates and better terms than traditional quick or quick loans. Generally, the higher your credit score, the better the terms of your loan.

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