How To Obtain A Loan Before Payday? | A Consumers Guide

Loans Offered by RixLoans

Easy and quick online cash advances, cash loans, and more are available.

Installment Loans

Get the money you need now. Repay it over time.

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Payday Loans

Short-term loan that is payable on the borrower's next payday.

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Merchant Cash Advance

A merchant cash advance is a source of funding for firms.

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Title Loans

Obtain the necessary funds while driving your automobile.

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What are RixLoans Payday Loans?

Payday loans from RixLoans are short-term, small-dollar loans typically taken out by people with bad credit or no credit history. The borrower agrees to pay back the loan plus interest within a specific timeframe (usually 14 days). If you don’t repay your loan on time, you could be charged late fees, which can add up quickly.

If you need cash fast but have poor credit, these loans before payday might help. They’re also great for emergencies because they come with lower rates than most personal loans. However, it’s important to note that these loans aren’t designed to be long-term solutions. You’ll likely end up paying more over the loan life than traditional bank loans.

What is the process of acquiring a RixLoans payday loan?

The process of acquiring a payday loan is generally quite simple. Most payday loan providers will require that you have a steady source of income and a valid bank account. Some providers may also require that you have a valid ID or Social Security Number.

Once you have met these requirements, you can typically apply for a payday loan online or in person. If approved, you will generally be required to write a post-dated check for the total amount of the loan plus fees. You may also be given the option to provide the lender with authorization to electronically withdraw funds from your bank account on the date of your next payday.

What are the steps to take before applying for RixLoans’ Payday Loans?

Before applying for a payday loan, it is recommended that you:

  • Make sure you have enough money to cover any potential costs of repaying the loan.
  • Contact your local Better Business Bureau to find out how well the company operates in your area.
  • Call the company directly to ask questions about their services.
  • Ask friends and family members who have used this service in the past whether they would recommend the company.
  • Find out if there are any complaints filed against the company.
  • Read reviews posted on sites like Yelp! and Google+ to get feedback from current customers.
  • Look into other options for obtaining quick cash, such as pawn shops, auto title lenders, and peer-to-peer lending platforms.
  • Be aware of the risks involved when taking out a payday loan.

What Are The Fees to Get Loans from Payday Loan Online Lenders?

When you need quick cash and cannot wait until your next paycheck, you may consider a payday loan from RixLoans. But before you commit to a loan, you must understand the fees you may be charged.

Most online payday lenders will charge a flat fee for the loan. This fee will vary depending on the amount of money you borrow and the time you need to repay the loan. For example, a $100 loan for 14 days may have a fee of $15, while a $200 loan for 30 days may cost $30.

In addition to the flat fee, you will also be responsible for paying interest on the loan. RixLoans will disclose the interest rate to you before you agree to the loan, which will vary depending on the lender. For example, a lender may charge an interest rate of 10% for a 14-day loan, while another may charge an interest rate of 15% for a 30-day loan.

Before you agree to a loan from an online payday lender, understand all the fees you will be responsible for paying. By understanding the fees, you can make an informed decision about whether or not a payday loan is a suitable option.

What Are The Basic Requirements for Getting an Online Loan Via RixLoans?

To qualify for a payday loan, you must meet specific basic requirements. These include having a steady source of income, a valid driver’s license, and proof of residence. You should also be at least 18 years old and able to prove your identity by providing one of the following documents:

  • A utility bill showing your name and address
  • A government document (such as a birth certificate) showing your name and address.

What Are The The Pros and Cons of RixLoans’ Payday Loans? 


  • Quick Cash – A payday loan allows you to access funds to pay bills and buy groceries quickly.
  • Easy Application Process – Most online payday lenders allow borrowers to apply for loans within minutes using a secure website.
  • No Credit Checks – Borrowers do not have to provide credit reports to receive a payday loan.
  • Flexible Repayment Options – Many online payday lenders offer flexible repayment plans that allow you to repay the loan over several months instead of just two weeks.


  • High Cost – Online payday loans come with higher interest rates than other financing types. 

What is an Extended Payment Plan?

An Extended Payment Plan from RixLoans is a plan that allows a customer to make payments on a past due balance over an extended period. This plan is typically used by customers who cannot fully pay their past-due balance.

Are there other rules about what payday lenders can and can’t do?

Yes! There are many laws governing how payday lenders like RixLoans operate. Some states even require payday lenders to disclose information about their business practices. In some cases, these disclosures must be posted in the lobby of the payday lender’s office. They must also provide borrowers with a repayment plan if they cannot repay the loan entirely on the due date. This repayment plan must give the borrower at least two weeks to repay the loan.

Can RixLoans have me arrested if my check doesn’t clear?

If you write a check to a payday lender and it does not clear, the lender may try to cash the check again. If the check bounces a second time, the lender may contact you to arrange to pay the amount of the check plus any fees. If you do not arrange to pay, the lender may take legal action against you, including filing a criminal complaint against you.

How will RixLoans know if I already have a loan?

Payday lenders like RixLoans often use databases to keep track of previous transactions between them and their customers. They may refuse to approve your current application if they find out that you have previously taken out a payday loan.

How many payday loans may I have at a time?

The number of payday loans you can have simultaneously varies by state. In some states, there is no limit to the number of payday loans you can have. In others, you are limited to two or three payday loans.

How much money can a payday lender give me?

A typical payday loan from a reputable company such as RixLoans will range from $100 to $1,000. However, some companies may offer more amounts than others. It would be best to shop around to get the best deal possible.

Author: Kimberly Chantal Parkes

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Kimberly Chantal Parkes is a former contributor to Rixloans. Kimberly Chantal is a freelance copy editor and writer with a specialization in personal financial planning. After having graduated from Kansas State University with a bachelor's degree in journalism, she began her career in media wearing many hats for community newspapers within the Kansas City area: writer as well as copy editor, photographer and coffee runner among other things.

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