Louisiana Payday Loans, Fast Approval. Instant Loans No Hard Credit Checks Online Approval

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Applying does NOT affect your FICO® credit score!

Louisiana Payday Loans Online, Cash Advance

Payday loans in Louisiana can offer cash when you need it to cover medical bills and other emergency expenses. With loan amounts between $100-$300, you can apply for the amount you require and get back on your way. Payday loans are short-term loans that provide emergency funds. They are usually payable in full on your next payday.

A payday loan will provide you with the extra cash you require until your next payday. These credits you the shortest time in a loan, and you can pay it off quickly without any penalty. When you need a little extra cash, a payday loan can be an excellent alternative.

Need a quick loan in Louisiana? Fill out our convenient and secure application form and get your money in 1 business day. Apply now!

What do I need to apply?

  • Current US photo ID or proof of legal residency
  • Verifiable source of income
  • Active checking account
  • Current phone number and email for communications
  • You have to be an adult aged at least 18 or older.

How much money can I borrow, and when is my loan payment due date?

You can borrow from $50 to $350 with your payment due on or around your payday but within 30 days maximum.

LA online loans and why you might need one

Below are some reasons you might need a LA online loan.

Reasons to get payday loans online in Louisiana (LA)

  • Your bank is not able to provide you with a loan. No one is completely shielded from a personal financial emergency at all times. Getting a bank loan or a home loan modification is never easy. And they take weeks or even months to be processed. Obtaining a quick loan to cover immediate expenses is not difficult.
  • You need money to cover your utilities, rent, bills, or groceries. These are some of the most common reasons for getting a loan online in LA.
  • You require cash to cover a credit card payment. You miss a payment and start getting calls 5 times a day, threatening letters, etc.
  • You do not or cannot borrow from your relatives and friends. Some people just can’t bring themselves to ask their families for financial aid.
  • You need to pay a utility bill or cover a small check before it is NSF. In both cases, the penalties and other fees are far more than what you pay for a short-term online payday loan.

Louisiana Payday Loan Regulations

Legal Status     Legal
Maximum Loan Amount     $350
Minimum Loan Term     Not Specified
Maximum Loan Term     30 days
Number of Rollovers     Not allowed
Finance Charges     16.75% of the amount & $10 doc fee
Statute of Limitations     10 years

Max Loan Amount in Louisiana

According to the Louisiana Deferred Presentment and Small Loan Act, lending more than $350 in Louisiana is illegal.

Rates, Fees, and Other Charges in Louisiana

Lenders willing to operate in the state should adhere to the following charges and fees allowed:      $45 max fee + $10 documentation fee

The Maximum Payday Loan Term in Louisiana

Payday loans in Louisiana are typically given for a maximum period of 30 days. Rollovers are not allowed in Louisiana.

Benefits of getting Louisiana payday loans at FaaastCash

Quick and convenient forms

The main problem with large lenders is the time you waste applying for a loan and waiting for a response. When every minute counts, you cannot wait.

Fast approval

Working with FaaastCash.com, you can expect your loan funds to be in your bank account in 1 working day. Unfortunately, no lender can provide you with funds the same day you apply, with rare exceptions.

Apply on-the-go, online

You no longer have to worry about questions, like “where can I obtain a Louisiana payday loan near me?” You can apply for our online payday loans from the comfort of your own home, office, restaurant, or even in the middle of a traffic jam. All you need is a smartphone or PC with a functional internet connection. It only takes a few minutes to complete your loan request form.

What are the requirements for obtaining a payday loan in Louisiana?

With FaaastCash, it’s simple to apply for a quick loan in Louisiana, but you need to meet a few conditions.

  • You need to be aged at least 18 years old or more.
  • You have to be a legal Louisiana resident. To obtain a payday loan in Louisiana, you need to give your correct address.
  • Your bad credit is not a problem. You do need a current source of income of at least $1,000 per month. And payday loans in Louisiana come with no hard credit check.
  • You need a phone number and a valid email so your lender can contact you.
  • Additionally, you should not be a debtor in bankruptcy.

Reasons to get a no hard credit payday loan in Louisiana

There are countless reasons to get a Louisiana payday loan online. Some of these include:

Auto repairs:

You require extra cash to fix your vehicle in order to go to work and earn your livelihood.

Possible NSF Check Fees:

You need cash to cover some checks you wrote that could bounce and hit you with $35 per check fees from your bank.

Overdue Utility Bills

You have an overdue utility bill, and you could be shut off and suffer penalties, new setup fees, etc., which are more than the bill itself.

Grocery Shopping

You are short on cash and need groceries for your family.

You can use your cash in any way you wish, but we recommend you only use it for emergency expenses like those noted above.

Can I be approved for a payday loan in Louisiana if I have bad credit?

A significant difference between FaaastCash and other lenders is that our direct lenders do not do hard credit checks. Instead, they make a soft credit inquiry, which will not negatively affect your credit score like a hard credit check can. From New Orleans to Shreveport to Baton Rouge, we have assisted Louisiana residents in need. Our lenders understand that the majority of people seeking a payday loan in Louisiana have a bad credit score. No hard credit payday loans in Louisiana are a common practice.

Do not delay. Get started filling in the online loan request form. You only require a few minutes to do so.

  • No hard credit check loans. You can still obtain a cash loan in Louisiana even if your credit score has seen better days. All payday lenders check if you can repay the loan and focus on your current income.
  • If you don't have any other options, you can always count on a direct lender. In case if you get into a tight financial situation, consider getting payday loans online.
  • Quick loans are easy to obtain. As we said before, this type of loan doesn’t require you to have a perfect credit score.

How can you obtain a Cash Advance and Payday Loan in Louisiana?

The first step toward borrowing cash is to apply for a loan from us. You do this online at our site. You hit the submit button when done, and our direct lenders review your data in seconds. You typically receive a response within 90 seconds or less.

If approved, you are connected directly to your lender, who will go over the terms of your loan and answer any questions you may have. FaaastCash is not a lender but a referral service to many direct lenders licensed in Louisiana.

FAQs - Louisiana (LA) Payday Loans

Do you charge any fees?

No, our loan submission request form is completely free for you to use. You should never pay any fee upfront when requesting a loan of any kind.

How long does the Application Process take?

Our application process is quick and simple. Users can complete our online application form in 3-5 minutes, and after this, receive a decision in 90 seconds or less.

What happens if I make a payment late?

If you fail to make a payment on time, you will probably be charged a late fee. Always contact your lender before your payment is late, as many will work with you to structure a new payment date(s).

How many payday loans can you legally obtain in Louisiana?

Louisiana residents who are eligible for a Payday Loan can get a $350 cash advance. The repayment term is capped at a maximum of 30 days.

Does Louisiana allow payday loans?

In the state of Louisiana, payday lending is legal. Louisiana has a $350 payday loan limit. The maximum loan period is of 30 days.

Can you be jailed for not repaying your payday loans in Louisiana?

If you do not pay a "payday" loan, you will not be jailed for it. A creditor may pursue a debt collection through the civil courts only; debtors cannot be prosecuted in criminal court for not paying a debt.

How much can I borrow from FaaastCash?

FaaastCash offers payday loans in LA from $100 - $350. If approved, the amount you may borrow will depend upon your income and other criteria.

Do payday loans hurt my credit?

NO. Payday lenders do not perform hard credit checks and do not report to the 3 major national credit reporting companies. Debts in the collection phase may hurt your credit scores.

Apply for online payday loans today!

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Applying does NOT affect your FICO® credit score!
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