$150 Loan Online
- Easy approval in minutes
- Instant cash to your bank account
- No hidden fees
- No credit check required
- Bad credit loans from a direct lender
Why Trust Us?
1F Cash Advance has been providing emergency loans since 2019. We are licensed and operate under state laws. Over 140,305 consumers have already benefited from our services, both online and in stores.
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1F Cash Advance offers a fast solution for anyone needing a small $150 loan to cover short-term expenses. The online application is simple and takes only 5 minutes to complete. Instant approval is available for all credit types. Once approved, funds are transferred directly to your bank account, often on the same day. The process is safe, transparent, and designed for urgent situations where quick cash is essential.
What Is a $150 Loan?
A $150 payday loan is a small, short-term cash advance that helps cover urgent expenses when you need money before your next paycheck arrives. You can borrow up to $1,000, but $150 is often chosen for minor needs such as a utility bill, car fuel, or groceries.
Repayment is made in a single payment, usually on your next payday. The loan term typically ranges from 14 to 31 days. Approval is instant, and funds are sent directly to your bank account within one business day, often on the same day
How to Get $150 Instantly
The entire process takes just a few minutes. Follow these three easy steps:
Complete Your Application
Submit a short online form or apply in-store. This takes around five minutes.
Apply NowReceive Instant Approval
A soft check made as part of an underwriting process doesn’t impact your credit. You’ll get a decision in minutes, either by email or in person.
Access Your Funds
Once approved, the money is sent directly to your bank account, often the same day.* If you apply in-store, you can receive cash on the spot.
*Approvals before 10:30 am local time Monday through Friday may be funded the same day. Applications submitted after this time, on weekends or holidays, are processed on the next business day.
Basic Requirements for a Short-Term Loan
You don’t need to have perfect credit or gather multiple documents to borrow $150 instantly with 1F Cash Advance. Here’s what we ask for:
- Age of 18 or older
- Valid government-issued ID
- Social Security number
- Proof of steady income
- Active checking account
- Current address confirmation
- Working phone number and email
Loan Terms and Fees
Most $150 loans are repaid in a single lump sum on your next payday, typically within 14 to 31 days. Lenders usually charge a fee of $10 to $30 for every $100 borrowed. The exact fee depends on your state’s regulations, your ability to repay, and the lender’s policy.
Extra fees for loan processing and late payments may apply. Some states allow for loan extensions or rollovers. All the terms and applicable fees will be clearly disclosed in your loan agreement.
Below are cost examples for a $150 payday loan with different fees and terms:
| Fee per $100 | Total Fee | Repayment Term (days) | Total Payment | APR 14 days | APR 28 days |
|---|---|---|---|---|---|
| $15 | $22.5 | 14/28 | $169.50 | 391.07% | 195.54% |
| $20 | $30.0 | 14/28 | $183.00 | 521.43% | 260.71% |
| $30 | $45.0 | 14/28 | $195.00 | 782.14% | 391.07% |
Alternatives to a $150 Cash Advance Loan
If you do not want to use a payday loan, several alternatives can help cover urgent expenses quickly and efficiently:
- Borrowing from friends or family. You can borrow a small amount from relatives or friends, usually without interest, but it is important to set clear repayment terms in advance.
- Cash advance apps. Most apps provide loans of $50–$500 within minutes. No interest is charged, but a fee of $1–$10 may be applied per transfer or as a subscription.
- Payday alternative loans from credit unions. Credit unions offer loans from $200 to $1,000 for periods of 1–6 months. The annual interest rate usually does not exceed 28%.
- Title loans. By using your car as collateral, you can get from $100 to $5,000. Terms are 15–30 days, with an average APR of 100–300%. If you miss a payment, your vehicle may be repossessed.
- Charitable grants or utility payment plans. Charities and utility companies sometimes offer grants or payment plans to cover bills. No interest or fees are charged.
Why Choose 1F Cash Advance
1F Cash Advance offers fast online access to emergency funds with no paperwork and no long waits. Every application is protected by advanced encryption for your security and privacy. The process is transparent – fees and terms are shown upfront with no hidden charges. Trusted by thousands of customers, we’re always here to help at every step. Choose 1F Cash Advance for a secure, guaranteed, and hassle-free way to get the money you need.
FAQ
Do I need to be employed to qualify?
We look at your employment status but also assess your overall financial situation and income stability. You need to provide proof of a stable income, which can be demonstrated through self-employment or similar sources.
Will applying affect my credit score?
A soft credit check is required to assess your financial situation but it does not impact your credit score. However, if your loan is delinquent and sent to collections, this may appear on your credit report.
Can I get approved for a loan with bad credit?
Yes, we accept applicants with all credit backgrounds. The main factor is your current ability to repay.
How quickly can I get approved for a loan?
At 1F Cash Advance, the process involves minimal paperwork and comes with a soft credit check, allowing you to get an approval decision instantly or in just 15 minutes.
I need 150 dollars now. Can I receive the money on the same day?
If you submit your application before 10:30 am local time, funds may be deposited by the evening. The exact timing depends on processing speed and your bank’s cut-off times.
How do I repay the loan?
Repayment is usually automatic. The required amount is withdrawn from your bank account on the due date. Just make sure you have enough funds to cover the loan plus fees. Repayment via a post dated check is also possible if you apply at the nearest store.
Is it possible to get an extension if I can’t pay on time?
In some states, payday loan extensions are allowed. Always check if this option is available before signing your contract.