Get a $500 Loan Same Day
- Cash for unexpected expenses
- Easy online application 24/7
- No hard credit check
- Secure loan process
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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Life happens. Emergencies come in all shapes and sizes, and 1F Cash Advance is here to help. We offer short-term loan options to cover urgent expenses that need immediate attention. Apply online in minutes, receive an instant approval decision, and get extra cash with flexible repayment options that fit your budget.
What Is a $500 Loan?
A $500 loan is a short-term, small-dollar personal loan people use when they need emergency cash for critical life situations. This loan provides you with a lump sum amount for an agreed-upon period. Repayment is usually made within 2 to 4 weeks after you receive your next paycheck, but some options offer extended payback periods of up to 24 months.
How to Use Emergency Loans
Most people turn to instant $500 loans when they face unexpected costs or need to bridge small gaps between paychecks. Here’s how our customers say they use them:
- Grocery bills
- Car repairs
- Insurance
- Medical & vet bills
- Gas costs
- Rent & utility payments
How to Get a $500 Loan
1F Cash Advance makes getting a loan fast and easy. Here’s how it works:
Apply online
Complete a simple and secure form from the comfort of your home in just 5 minutes.
Apply NowGet an approval decision
The underwriting process doesn’t involve a hard credit check, so you will get a loan decision almost instantly.
Receive the funds
If approved, e-sign the loan agreement and get the money via a direct deposit on the same or next business day*.
*A $500 payday loan is not guaranteed and is subject to underwriting and ability-to-repay evaluations. Loans originated before 10:30 am on a banking day are usually funded on the same day. Applications submitted after 10:30 am or on weekends are processed on the next business day.
What Do I Need to Qualify?
Here are the basic requirements we need to approve your request:
- Age confirmation (at least 18 years old)
- Valid government-issued photo ID
- Social Security number
- Active bank account details
- Proof of income
- Proof of address
- Valid email and phone number
Terms & Rates
A $500 payday loan typically needs to be repaid within 2 to 4 weeks, depending on your state’s regulations. Finance charges range from $10 to $30 per $100 borrowed, resulting in an APR of 260.71% to 782.14% for a 14-day loan. Some states enforce lower APR caps. Your specific loan terms will depend on factors such as your income, employment status, current debts, and payment history.
Disclaimer: Small-dollar loans are designed to meet your urgent cash needs and should only be used as a short-term solution to financial emergencies. If you experience long-term money problems, refrain from borrowing and seek credit counseling.
Other 1F Cash Advance Products
1F Cash Advance offers additional borrowing options to meet the unique needs of our customers.
Installment Loans
An installment loan can help you manage larger life expenses by giving you more time to repay the funds.
- Borrow from $500 to $5,000
- Fixed monthly payments
- Repayment terms from 2 to 24 months
- No credit check required
Personal Loans
Personal loans are designed to cover a wide range of expenses, from large purchases to major life projects.
- Loan amounts up to $50,000
- Terms up to 60 months
- Options available for bad credit
- Easy online application
Why 1F Cash Advance
1F Cash Advance provides emergency financial assistance when you need it most, even if you’ve been turned down by traditional lenders. Here’s how we stand out.
Transparent Terms
We clearly outline all the terms and make them easy to understand.
Quick Cash in Your Account
Money normally arrives in your account within 24 hours.
FAQ
How can I contact your Customer Support?
You can contact our representatives by calling (720) 428-2247, emailing us at [email protected], or filling out a feedback form on the website.
Can I get a $500 loan with bad credit?
We set no minimum credit score requirements and assess your overall financial situation to determine your loan eligibility. Borrowers with bad or no credit can still qualify.
Does 1F Cash Advance offer loans with no credit check?
Our $500 cash advance loans come with no credit check via major credit bureaus. However, we still assess your data via third-party credit agencies to ensure you meet our basic requirements. This inquiry is called a soft credit check.
How will I receive my money?
Common funding times are 24 business hours of approval. The speed of funding also depends on when you get approved and your bank’s operating hours. Same-day funding is available for loans originated before 10:30 am on a business day.
How much would a $500 payday loan cost me?
On average, a payday loan costs between $10 and $30 for each $100 advanced. The finance charge is determined based on your credit and application details.
Where can I get a $500 loan near me?
We operate nationwide and offer personalized assistance through our 80+ stores across the US. Find the 1F Cash Advance location in your state or complete an online application with no in-person visit required.