Payday Loans in Indianapolis, IN
at 3486 W 86th St, 46268
- (463) 220-4628
- Apply in-store 8:00 am - 10:00 pm (Mon-Fri)
- Open on Saturday
- Payday loans, installment loans
- 4+ years in business
- Online application 24/7
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 Store in Indianapolis
Need emergency funds to bridge a small financial gap? Visit our loan place in Indianapolis. Apply in just 5 minutes and get personalized assistance from our local team. We stand out among loan companies in Indianapolis with our legitimate products, fast approval and funding times, and strict standards of service.
- Monday8 am – 10 pm
- Tuesday8 am – 10 pm
- Wednesday8 am – 10 pm
- Thursday8 am – 10 pm
- Friday8 am – 10 pm
- Saturday9 am – 6 pm
- SundayClosed
Ben Dix
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What Are Payday Loans in Indianapolis, IN?
Payday loans are short-term cash advances designed to cover immediate, unexpected expenses. They can help pay utility bills, cover medical treatment, or fix your car when you’re short on cash. You should repay them on your next payday, which is typically within 14 to 31 days.
By law, the maximum loan amount in Indiana is $825, or 20% of your gross monthly income, whichever is less. The finance charge on a payday loan depends on the loan size: up to 15% of the first $250 borrowed, 13% of the amount from $250 to $400, and 10% of the loan from $400 to $825 (i.e. $99.50 on a $825 advance). Payday loans in Indiana are for short-term use only.
Funding is usually available the same day if you get approved before 10:30 am. After you repay the loan, any subsequent borrowing is considered a new transaction. Indiana also limits repeated borrowing: after five consecutive payday loans, you must take a 7-day break before taking out another payday loan.
How to Apply
Applying for a loan with 1F Cash Advance is fast and easy. Just follow these three steps:
Visit a store nearby
Our professional staff will help you fill out a simple loan form.
Get an instant decision
Your info will be reviewed via an automated system. There’s no hard credit check, so the decision is almost immediate.
Receive your cash
If approved, you will see the money in your bank account within 24 hours or get your loan in cash at the store*
*Cash pickup is available during store hours. Money sent to your bank after 10:30 am or on weekends shows up the next working day.
What You Must Bring
To complete your loan application at a store, you will need:
- A government-issued ID
- Social Security number
- Proof of income
- Checking account and routing numbers
- Proof of address
- Working phone number and email
About 1F Cash Advance in Indianapolis
1F Cash Advance opened its Indianapolis branch in 2021. Since that time, we have been helping thousands of local customers to get quick financial support when they need it. We are a licensed company that accepts borrowers with any credit, allowing them to access short-term cash safely and legally. We stand out by focusing on transparency, speed, security, and exceptional customer service.
You will always know the exact finance charge and repayment terms. We protect your personal information with industry-standard security. Your data is encrypted and never shared without your permission. You can trust that your transaction is safe and confidential.
At 1F Cash Advance in Indianapolis, our goal is to make a stressful situation easier. Over 3 million Americans have used 1F Cash Advance nationwide, and we’re proud to offer quick help here, in Indiana.
FAQ
Are payday loans legal in Indiana?
Yes, payday loans are legal in Indiana. State law specifically permits small, short-term loans, provided they meet certain limitations on loan amounts and the fees lenders may charge. All of our loans are fully compliant with the Indiana Small Loan Law.
What is the maximum amount I can borrow with payday loans?
State law caps payday loans at $825 or 20% of your gross monthly income, whichever is lower. If you need a larger amount, apply for an installment loan with 1F Cash Advance.
What is the interest rate on a payday loan?
Indiana caps payday loan fees at 15% on the first $250, 13% on the next $150, and 10% on the amounts between $400 and $825 (max $99.50 on an $825 loan). A $825 loan for 14 days comes with an APR of 314.44%.
Can I get a loan with bad credit near me?
At 1F Cash Advance, we accept applicants with any credit and conduct a soft credit check with a focus on your income. Even if your credit is poor, you can still qualify.
