Get a $250 Loan Online Today
- Instant approval decisions
- No hard credit check
- Same-day funding
- Flexible payments available
- Money from a trusted 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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Sometimes, you may face unexpected expenses and need extra cash in a hurry. A $250 loan can provide a quick fix, whether it’s a car breakdown, medical emergency, urgent home repair, or unforeseen bill that is due before your next paycheck.
1F Cash Advance can help you get the money you need in minutes. Our bad-credit-friendly loan options come with no credit report review and are available online 24/7. We offer guaranteed assistance with no surprise fees for all qualifying borrowers.
How to Borrow $250 Instantly?
Just follow these 3 simple steps:
Submit your application
Complete our simple online form in just 5 minutes. No paperwork is needed.
Apply NowReceive a quick decision
You will know almost instantly whether you're approved due to no credit check performed.
Get funded
If approved, e-sign the loan contract and receive the money via a same-day or next-day direct deposit.*
*Same-day funding is available for approvals before 10:30 am on weekdays. Loans originated after 10:30 am or on weekends are funded on the next business day.
What Do I Need to Apply?
Here are the basic items 1F Cash Advance asks for to approve your application:
- Age of at least 18
- Valid government-issued photo ID
- Social Security number
- Bank account info
- Proof of income
- Proof of residential address
- Valid email and phone number
When to Take Out a $250 Loan
Here’s how our customers typically use the funds.
Home Appliance Repairs
If the appliances needed to maintain your daily routine suddenly break, you may seek a $250 loan to fix them rather than ignoring a problem.
Car Emergencies
Your car may require an emergency repair so you can get to work or pick up your kids from school. In this situation, even a few hundred dollars can make a difference.
Overdraft Fees
If you've made a transaction that brought your account into a negative balance, a small loan can help you get back to a positive amount within a grace period set by your bank.
Urgent Bills
Use a small loan to cover utilities or credit card bills that are about to be due to avoid high late fees or service disconnection.
Surprise Expenses
If you're short on cash at the end of the month and need extra funds to cover grocery bills, buy presents, or fill up the car to get to work, a $250 loan can help you bridge the gap.
Can I Get a $250 Loan with Bad Credit?
At 1F Cash Advance, we offer $250 loans with no credit check via major credit bureaus, which means your credit score is not a determining factor at the approval stage. We review your overall financial situation with a focus on your income, debts, payment history, and employment status. Borrowers with bad or no credit can still qualify if they can prove their ability to repay.
Terms & Rates
Small loans from 1F Cash Advance come with a flat fee structure, making it easier for you to understand the total cost upfront.
Repayment Terms
The repayment is typically made by your next paycheck, often in 2 to 4 weeks. Options with flexible payments and terms of up to 24 months may be offered.
Finance Charge
The finance charge ranges from $10 to $30 for each $100 borrowed, depending on your creditworthiness and state laws.
APR
An average $250 payday loan issued for 14 days comes with an APR of 260.71% to 782.14%.
Fees
Origination fees may apply in some states. Late or missed payments involve NSF fees that may vary depending on the terms of your loan agreement and the state regulations.
Representative example:
If you borrow $250 for 14 days with a flat fee of $15 per $100 advanced, your total amount due will be $287.5. Total interest paid is $37.5. Your loan APR will be 391.07%.
What Are My Options to Borrow $250 Fast?
When you need an extra $250 quickly, here are a few practical ways to get quick cash, each with its advantages and drawbacks.
Payday Loans
Payday loans are popular with people who need $250 quickly and have bad or no credit. These loans allow you to get a same-day cash advance with no hard credit check and repay the funds once you receive your next paycheck. At 1F Cash Advance, you can borrow between $100 and $1,000 with an average flat fee of $15 per $100, depending on your state and credit. You can apply for a payday loan online or visit one of our store locations near you.
Approach payday loans cautiously and make sure you can repay the money on time and in full. Renewals or rollovers may lead to higher costs and create a cycle of debt.
Installment Loans
An installment loan is a flexible financial solution for larger expenses and long-term needs. Unlike a payday loan with a lump-sum repayment, it allows you to split the cost over several months and years, making your debt easier to handle. Installment loans from 1F Cash Advance offer amounts of up to $5,000 with a maximum repayment period of 24 months. No good credit is needed.
While installment loans come with lower APRs and affordable monthly payments, the total cost of borrowing tends to be higher over the loan’s life.
Online Personal Loans
Personal loans offered by online lenders typically come with amounts between $500 and $50,000 but sometimes allow for smaller sums. You can request such a loan entirely online, making it convenient for those looking for quick access to cash. Many online lenders accept borrowers with bad credit.
However, there’s always the risk of predatory lending tactics and less accountability compared to traditional lenders. Compare offers carefully and choose a reputable, licensed lender to deal with.
Credit Union Loans
Payday alternative loans offered by credit unions serve as a reasonable and low-cost alternative to traditional payday loans offered to CU members who need to bridge small financial gaps. Such loans offer amounts of up to $2,000 with the ability to repay the funds over 1 to 12 months. An APR is capped at 28%. Bad credit borrowers can qualify, but a hard credit check will be performed.
Current membership is needed to apply. Eligibility can be achieved through your employment, education or residence and may involve extra fees.
Cash Advance Apps
Cash apps allow you to access a portion of your next paycheck that you’ve already earned but haven’t yet received. They typically offer small loan amounts between $50 and $500, often at no mandatory costs. You can request a cash advance loan in a few clicks via a digital tool pre-installed on your smartphone.
These loans may fit you if you need a small amount with no interest for a period of 2 to 4 weeks. Subscription or express fees for instant deposits may be charged.
Credit Card Cash Advances
If you have a credit card, you can withdraw money from its balance within a certain limit. This option involves no preliminary application or credit verification, allowing you to get a $250 cash loan on the same day via an ATM or an issuer’s store.
However, credit card companies typically charge withdrawal fees and apply higher cash advance APRs compared to regular purchases. No grace period is provided, meaning that interest accrues immediately and can add up quickly.
Title Loans
Title loans are short-term financing options secured by your vehicle’s title. Title lenders typically finance up to 50% of your car’s price with a repayment period of up to 30 days. You can keep using the car while it’s pledged, so getting a loan will not affect your transportability.
Just note that if you’re unable to repay the loan, the lender may repossess your car. Carefully assess all the risks along with your repayment capabilities.
Pawn Shop Loans
These loans are secured options that can provide you with a portion of your valuable item’s value by physically retaining it in a pawn shop. You need to repay the funds in 30 to 60 days to get your item back. Interest is charged daily and may reach 300% APR.
If you fail to repay what you owe within an agreed-upon period, a broker can put your belongings up for sale.
$250 Loan Alternatives
If getting a loan for $250 doesn’t fit your situation, there are a few alternative options to obtain the money you need without taking on conventional debt.
Borrow from Family or Friends
Family loans provide more flexibility as you can negotiate the repayment terms that suit your current circumstances. They usually come with no or low interest and can be obtained without any credit report check or formal loan agreements. Just make sure you set clear terms and can meet them to avoid misunderstanding.
Find a Side Gig
There are various part-time jobs with same-day payouts you can consider as an alternative to borrowing money. Options like pet sitting, babysitting, tutoring, Uber driving, or food delivery are just a few ways to earn extra cash you need to cover emergency expenses. Just match the job with your hard and soft skills and choose the one that suits you best.
Ask for a Paycheck Advance
Some employers may offer paycheck advances as part of their employee benefit packages. This option allows you to get a portion of your future paycheck upfront from the company you work for without being charged extra fees. Just make adjustments to your next month’s budget since the amount you get will be deducted from your next pay.
Sell Items You Don’t Use
Look around your room or closet for things you no longer need. It may be clothing, electronics, musical instruments, books, and other stuff. Then, take their photos and put them up for sale at a fair price on platforms like eBay, Facebook Marketplace, or Craigslist. A garage sale can help you turn unneeded staff into cash and maximize sales if you don’t need money urgently.
Turn to Local Charities or Government Programs
If you need money for specific expenses, such as healthcare, groceries, utilities, rent, or child care, there are multiple community programs and government-backed aid options to consider. Head to the USA.gov or contact your state’s Department of Human Services.
Why Choose 1F Cash Advance
Here’s what sets 1F Cash Advance apart:
Easy-to-meet Requirements
We have basic eligibility criteria to make our products accessible to those who have already been denied a traditional loan. No minimum credit score is required to qualify.
Transparent Terms
Our terms are clear, upfront, and easy to understand. No guesswork and a fixed monthly fee for your informed financial decisions.
Exceptional Customer Support
The 1F Cash Advance’s team of professionals is always here to help you find the best loan option for your situation and complete the application process.
FAQ
Can I get a small loan if I'm unemployed?
Borrowers with no official employment can qualify if they can provide proof of an alternative source of stable income, such as self-employment. Applicants with no verifiable income are likely to get denied.
I need $250 now. Do you offer instant funding?
Instant funding may be possible if you apply in one of our stores. For online applications, same-day funding is offered for approvals before 10:30 am on weekdays. Late or weekend applications are funded on the next business day.
Can I extend or refinance a loan?
Some states may allow rollovers or renewals. These options may involve extra fees. Check out the terms of your loan agreement for more details regarding the loan extension.
What if I miss the due date?
Late payments may result in NSF fees (vary by state). If you default on your loan, it may affect your credit score. In case of any repayment problems, contact your lender immediately and ask for the options available. You may be offered a flexible payment plan.
Will a $250 loan affect my credit score?
Our loans come with no hard credit checks at the application stage. A soft credit check involved doesn't affect your FICO rating. A $250 loan may impact your credit only if you fail to repay on time.