Payday Loans in Miami, Florida
at 136 NE 1st St, 33131
- (786) 321-4288
- 4+ years in business
- In-store application 8:00 am - 10:00 pm (Mon-Fri)
- Open on Saturday
- Payday & installment loans
- Customer support available 24/7
1F Cash Advance Store in Miami
If you’re in Miami and need quick financial help, stop by our local store and get emergency assistance on the same day. We are conveniently located near The Bead Bazaar, Carrot Express, and Niu Kitchen. Our free parking, welcoming and equipped reception area, and friendly, professional staff will make your visit comfortable and stress-free. Complete our fast and easy application process and access personalized short-term loan services with no credit check needed.
- 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
Payday Loans, Installment Loans
Gordon Summers
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Miami Personal Loans
Discover the personal loan products available at our location in Miami:
Payday Loans
Max. amount $500
This option is designed to provide short-term financial assistance for unexpected expenses. You can borrow up to $500 without undergoing a hard credit check and repay the funds in 14 to 30 days. Miami payday loans are great for sudden costs like small home repairs, unforeseen bills, or medical expenses.
Installment Loans
Max. amount $5,000
An installment loan is a practical solution for larger expenses or big purchases. Loan amounts start at $500 and go up to $5,000. The repayment terms range from 2 to 24 months, allowing you to adjust your monthly payments to your budget.
How to Get an In-store Loan
Applying for our small personal loans in Miami, Florida, is easy:
Go to our store
Fill out a fast and secure application form in approximately 5 minutes. Our staff will guide you through the entire process.
Get instant approval
No hard credit checks are involved in the underwriting process, allowing the system to quickly review your application and make an almost instant decision.
Receive your money
Once approved, access cash right away or get a same day* direct deposit into your bank account.
*Approval isn’t guaranteed. Applications approved before 10:30 am on a weekday are funded on the same day. Loans finalized later or on non-banking days will be deposited on the next business day. Instant cash is available to borrowers who provide post-dated checks on the full repayment amount.
What to Bring to Apply for a Loan
To ensure a smooth and quick application process, please have the following documents and information ready:
- A valid, government-issued photo ID
- Social Security number
- Proof of income (recent pay stubs or bank statements)
- Proof of current address (utility bill, lease agreement, etc.)
- Bank account and routing numbers
- An active email address and phone number
About 1F Cash Advance in Miami, Florida
Since 2019, we have been providing fast and affordable financial services that go beyond the traditional lending experience. 1F Cash Advance is a locally focused business that cares about your well-being and always puts customers’ needs first. In 2023, we opened our Miami location to offer professional support and easy-to-get loans with no hidden fees to everyone in need.
Our goal is to help Miami residents manage unexpected expenses without letting bad credit stand in the way. Whether it’s a sudden car repair, a home emergency, or an unexpected bill, we’re here to make sure you get the money you need when it matters most.
Borrow Loans Responsibly
Before getting a loan, ensure it fits your financial needs. Short-term loans shouldn’t be used as a long-term solution. Repeated borrowing can lead to a debt cycle and cost you more in interest than you initially took out.
Only borrow what you need and can comfortably repay on schedule. Make sure you understand the interest rate, total amount due, and repayment deadline and can fulfill your obligations. Refrain from borrowing if you have ongoing money issues and consider alternatives.
FAQ
What makes people choose payday loans?
Payday loans offer a quick and easy way to cover urgent expenses until payday. They’re often available even if you have bad credit. However, it’s important to understand their high costs before taking one out.
Is it possible to get over $500 with Florida payday loans?
No, Florida law caps payday loans at $500, and we fully comply with the state regulation. If you need a larger amount, consider our installment loans that allow you to borrow up to $5,000.
In what situations are payday loans more suitable than installment loans?
A payday loan is perfect when you need a small amount of cash fast and plan to repay it quickly. This way, it helps you cover urgent expenses and save money on interest.
Is bad credit an obstacle to getting payday loans?
No. We accept borrowers with all credit types and focus primarily on their overall financial situation. Bad credit is not a barrier to getting a loan as long as you can demonstrate your ability to repay.
Does applying for a payday loan impact my credit?
Our loans usually come with no hard credit check. Instead, a soft credit pull is used in the underwriting process to assess your financial situation, not your FICO score. This type of inquiry does not affect your credit history.
What if I miss my loan repayment?
If you pay late, you may be charged an additional fee of up to 10%. Defaulting on the loan could result in collection actions, which may affect your credit. If you encounter any problems with repayment, we recommend contacting a customer agent at the phone number listed in your loan agreement.
