$50 Dollar Loans

Borrow a small amount of money with $50 payday loan. Your credit score will not be reviewed or affected by the small 50 dollar loan application. People borrow $50 all the time to avoid banking fees.

Is It Easy to Get a $50 Dollar Loan?

Our network of direct lenders is ready to move quickly and could have you approved and money in your account by the next business day! These personal loans are unsecured installment loans with equal monthly payments spread out over several months.

How Do I Get a $50 Payday Loan?

Getting a $50 payday loan when you have a poor credit score can be a pain. If you are reading this, then there is a good chance that you have already faced rejection at the hands of a lot of financial institutions. They simply do not see you as someone who can be trusted with the funds. There is something for you no matter who you are or what your credit score is!

Is There a Credit Check for a Small $50 Loan?

Our lenders do not run a hard credit check so they never review your actual credit score. They may run an industry specific check to see if you have outstanding personal loans. This will not affect your credit score or rating and will not show up on your reports.

Who Offers $50 Dollar Loans?

The problem right now is not that there is nobody out there willing to loan $50, a small amount of money. Or is just that you do not know where to look! What you would not have known is how to make best use of no credit personal loans and even poor credit personal loans!

Trusted Lenders Offering Fast $50 Dollar Loans

What is even better is that our lenders are reputable and well-established firms and not some shady, suspicious lenders whose offices are located in some dingy corner of a crumbling street with bars on the windows or out of the country.

What is the Process to Get a $50 Payday Loan?

Getting a $50 payday loan is possible online with WireLend. Our lenders offer tiny loans all the way down to 50 dollars. If you are interested in a $50 cash advance we would be happy to get started on your financing needs. Here are a few things to keep in mind to keep your finances in order.

How many payday loans you have: Although this may not be a significant determinant if your position to return loans, the number of loans you take is still taken into consideration.

How much you owe: Obviously, the company you have applied for a loan from will also see how much money you currently owe. This is one of the biggest points that will be considered.

Defaulting: The more you have defaulted on your borrowings, the less credible you seem.

Borrowing history: Although this may seem surprising, it does make sense to hesitate before lending to someone who has no credit record at all because there is simply no history to use as a reference point!

These are all points that affect your ability to borrow money.

Bad Credit is OK if You Need a Fifty Dollar Loan

However, you can get $50 personal loans even if you fail at all these points. There are plenty of lending bodies that do a soft credit check on your credit history, and lend you the money you require. The best part? These kind of applications do not even affect your score.

$50 Payday Advance | Bad Credit Accepted

Lets look at some of your $50 loan options if you have bad credit. Even with a poor credit score there are still numerous avenues for you to obtain funding.

Second Chance Installment Loans

Honest Lenders that Offer $50 Personal Loans
We have a network of over 50 direct lenders that help people everyday get approved for personal loans. Get a $50 payday loan or $50 installment loan. We have been in business for over 10 years and processed over a million loan applications. Our application only takes a few minutes and we try to match you with a lender that is ready to make you a 6-9 month personal loan offer even if you have no credit score. Even small loan amounts of $50 - $100. Get 50 dollars and get instant approval if you are approved.

Pawn Shops/Stores Offer 50 Dollar Loans
Probably net technically a personal loan but it is still a place where you can get some money fast. These loans also have nothing to do with your credit score and are solely based on the value of the object your bring into the store. The pawn store will lend to you based on the item and they retain the item until you pay it off along with the interest charged. You can also just sell them items instead of getting a $50 dollar loan.

Credit Unions Qualify for $50 Loans
You can stop in at a local credit union and apply for a personal loan. They will likely check your credit score and want you to open an account with them. Which is fine, the good news is you likely would be able to qualify for larger personal loans up to $5000. $50 signature loans are usually not hard to qualify for but finding a lender that is willing to loan an amount this small can be tricky.

Ask Uncle Randy for a Quick $50 Bucks
We have all been here, but when you're up a creek and need some money, sometimes family is the only place to go. This is a great avenue if you can get it. Uncle Randy is certainly not checking your credit score for a personal loan. Loans really don't get any more personal than this. Also, he likely won't charge interest. So there's that.

Learn More About Loans Direct to Your Account

Borrow $50 Online Direct to Your Account

If you complete the application on Wirelend we will attempt to match you with a direct lender of personal loans even if you have no credit score. If you are approved you will receive a loan offer from one of the lenders.

You can choose to accept or decline the loan offer. There is no fee for the application, it is 100% free. So really there is no obligation unless you get a fifty dollar loan offer you want to accept. Get a $50 payday loan online with simplicity of WireLend.

Am I Guaranteed to Qualify for a $50 Loan?

There is no guarantee you will be approved for a fifty-dollar loan. You are welcome to apply via our application page. If you are approved for a 50 dollar loan, you will receive a loan offer. The application is free and only costs you a few minutes of your time.

Fast $50 Dollar Loans Online

$50 loan online with just a few clicks of your mouse. There are many times in life when a simple 50 dollar loan could really make a difference and save you a lot of money. If you are about to bounce 3 debit card transactions at $35 each, if you borrow $50, you could save almost $100.

Imagine getting notified by your bank that you have just over drawn your checking account by $5.50. Ouch, that just cost you an overdraft fee. Problem is you have a lunch date tomorrow and do not get your paycheck for 2 more days. One quick and easy solution would be a $50 personal loan from one of our trusted lenders.

I Have Bad Credit, Can I Get a $50 Loan?

The lenders in our network do not check your credit for a $50 loan. For a loan this small, mainly they are looking for a good employment history. As long as you have a strong work history, you have good chance of being approved. The easiest way to find out is just complete our short application and you will know immediately if you have been approved.

Are 50 Dollar Short Term Loans a Good Idea?

The best way to look at this question is to determine if that $50 loan is going to save you money based on current events in your financial life. If the answer is "yes", then it is probably a good idea. If the answer is "no", then do not apply for a 50 dollar loan. There will be interest charged and it usually has a high APR.

How Does The $50 Small Loan Process Work?

Once you complete the application we attempt to match you with a direct lender in our network. If we are successful, you will immediately receive a loan offer. Take a few minutes to review all the loan terms before making your decision. If you decide to accept the loan offer, then the funds are send directly to your bank account, usually by the next business day. If you choose to decline the loan offer, you have no further obligation, no big deal.

What is Required to Get a $50 Loan?

In order to be considered for a $50 loan:

Must be 18 years old.
Must have an open and active checking account.
Must have a solid monthly income.
Must have a residential address.

The more money you make and the longer you have had your job, will be contributing factors determining how much you can borrow. Also where you live can play a major part in the loan approval. Some states prohibit short term loans.

How Much Does a 50 Dollar Loan Cost?

A good rule of thumb in the consumer loan world is to consider loans by how much they cost per $100 borrowed. Many lenders charge $20 per $100 borrowed. If you apply this to a $50 loan then you would be expected to pay a $10 fee for borrowing the funds. All these terms are between you and the lender that may offer you a loan. All lenders are different and have their own fee schedules. Be sure to carefully review all documentation before agreeing to a contract.

$50 Loan | Instant Approval | No Credit Check

You can get instant approval on $50 loan. It only takes a couple minutes to complete the short application. There is no credit check for loans this small. You could be approved easily and in just minutes.

Can I make Payments on a Loan as Small as 50 Dollars?

Generally you would not find a payment plan on loans as small as 50 dollars. But with slightly larger loans you can find payment schedules that include monthly payments. Remember, short term credit has high interest rates. Use consumer credit responsibly and only when necessary. Here is an example of a multiple payment small loan.

What are the Apps that Let You Borrow $50?

There are several apps that you can download that will allow you to borrow $50 with just a few simple steps. Here are a few you may want to consider.

Possible Finance - This company will offer you a 50 dollar payday loan that can be send direct deposit to your bank account the next business day.
Earnin - This is a payday advance app that will send you a quick $50 one your are setup. It is a payday loan format so you will be incurring fees.
Check Into Cash - You can get an easy $50 loan from this company and may be able to get it the same day. If you live near a store, pop in and pick up your cash. If you rely on the app to send you money, it will likely be the next business day.
Speedy Cash - This company has been around a long time and also have physical store fronts. The app will generally get money in your checking account the next day.

Is it Safe to Borrow $50 Online?

The online lending industry has changed dramatically over the past 10 years. Many of the suspect lenders have been pushed out of the market by mainstream lenders that many know and trust. Most online lenders are safe and secure. Many large banks now have a branch that specialized in personal loans that are short term with higher interest rates. There are a few things you can do in order to verify a website or an app.

Secure Website - Do they have an SSL on their website? You can tell by the padlock in the domain bar. Every website you consider trusting with your personal information better have an encrypted connection to the internet.
Lots of Information - A quick Google search should provide many different references to this website or company. If you can't find any information, like social media, or mentions in the press, stay away.
Contact and Privacy Statements - Any respectable lender will have easy to find contact information which includes a phone number. They will also have a professionally prepared Privacy Policy and Terms of Service.
Years in Business - The best way to look at a company is how long have they been in business. The longer a company has been operating, the better chance they are a reputable lenders and conduct business with their customers best interest in mind.

What is the Difference Between a Payday Loan and an Installment Loan?

The difference is one is paid back in full one the borrowers next payday and one is paid back in monthly installments. Both financing types have their place in the world and can be useful for borrowers that need to generate a small amount of money in a short amount of time. Read the guide below and learn more about these different financing options.

Example of a $50 Payday Loan

When you borrow $50 with a payday loan then you are expected to return the borrowed sum and pay a fee for borrowing the money. Most payday loans are viewed in terms of $100 dollars borrowed. A simple interest example would be expect to pay $20 for every $100 borrowed. So in this case, fifty dollars financed would mean a $10 fee. So on your next payday you would be expected to pay $60, which pays off the loan including interest.

$50 Loan FAQs

Do Lenders Offer Loans As Small as $50?

Yes, there are lenders online that will approve $50 loans even to people with poor credit. The application is free and only takes a couple minutes. Find out if you qualify for a quick, small loan.

When Will I Need to Repay the $50 Loan?

Generally, the full payment will be due on you next paycheck or at the first of the following month. Payments will usually not start until at least two weeks in the future from when you receive the proceeds of the loan.

I Need $50 Now, What are My Options?

If you need $50 now and do not have time to wait for your next paycheck, there are options available to you. Usually a loan as small as $50 will required full payment on the agreed upon date in the loan contract. You should expect to pay around $10 in fees in order to borrow $50. This amount can certainly change from lender to lender. Be sure to understand the agreement and payment requirements before signing the contract.

Conclusion

You will not find a lot of lenders that offer installment payments on loans as small as 50 dollars. Expect to see a $50 payday loan format for a loan this small. There many options available to finance small loans, even if you have bad credit. Do your research and pick the best option for your life and your finances.

WireLend is not a lender and does not make any lending decisions. All terms are between you and the lender. We may receive compensation from lenders in our network. The above table is purely for information purposes and is not a guarantee or an advertisement for a loan amount, interest rate, or number of payments.