Frequently Asked Questions

Get the Right Loan for Your Needs at Presto Payday

Cash Advance Loans (Payday Loans) – a loan from $100 to $500 that is due on your next payday – typically in two weeks.

Cash Advance Installment Loans – a loan from $501 to $1,000 that gives you money fast to cover larger expenses and lets you pay over time – up to 60 days – with 3 equal repayments starting at 30 days and ending at 60 days. Your payments will be automatically debited from your checking account via ACH based on a repayment schedule of three installment dates. 

Our cash advance loans help you fast forward to payday! 

For times when you are short on cash and need a little extra money before your next paycheck.

You will need the following information on hand to complete your application: proof of income such as a pay stub or bank statement, your checking account number, social security number, and a valid government issued photo ID such as a driver’s license or passport.

As soon as the same day as you apply.

Money will be deposited directly into your US bank account.

As little as $100 or as much as $1000.

Click here to calculate how much your loan will cost.

Yup! Your credit history does not impact your ability to qualify for a payday loan. We will not perform a credit check. Bankruptcy, bounced checks and other money issue you may have don't matter.

We take care of it for you! As part of the payday loan agreement you sign, you authorize us to withdraw funds from your bank account on the date specified.

Let us know and the sooner the better. If you do not have enough money in your bank account to cover your repayment, you may incur an overdraft penalty or other fees from your bank.

Most of the time your loan will be due when you receive your next paycheck. For loan amounts over $500, there's a little extra time to pay off the full amount. Check your agreement for the exact number of days you have to repay your loan.

Yes, you can request a Grace Period of 60 days.  The details of the conditions under which this will be granted are described in THIS FORM.

If you follow these requirements, you will be approved for an extension of 60 days to repay the loan and will receive a confirmation email.  When your new due date arrives, be prepared to make final payment in the same way as instructed for standard payday loans.