Payday Loans in Providence, RI
at 1 Empire St ste 200, 02903
- (401) 214-9941
- 7+ years in business
- Apply in-store 8 am – 10 pm (Mon–Fri)
- Open on Saturday
- Payday loans, Installment loans
- Online application 24/7
1F Cash Advance Store in Providence
If you’re facing an unexpected expense in Rhode Island, 1F Cash Advance is ready to help. Our store in Providence is located on Empire Street, near the Jewelry District and popular local cafés, making it easy to find. Here, you can apply for a short-term loan in just minutes and get connected with a state-licensed lender offering emergency loans to borrowers with any credit history.
Getting a loan through us is simple and secure. Borrowers receive an approval decision in minutes and may get same-day, next-day, or instant funding to handle emergencies fast. Stop by today and let our team walk you through the process.
- 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
Fred Morgan
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Available Cash Loans
1F Cash Advance in Providence helps residents access flexible borrowing options for short-term emergencies and larger expenses:
Payday Loans
Max. amount: $450
Payday loans allow you to get up to $450 with minimal paperwork and a quick approval process. The repayment is made in one lump sum by your next payday. These loans can help you cover urgent costs or small cash shortfalls.
Installment Loans
Max. amount: $5,000
Installment loans provide up to $5,000 with the ability to repay in fixed, equal payments. They are typically used to cover larger expenses, such as home improvements, debt consolidation, urgent repairs, medical bills, or larger emergency costs.
How to Get Started
1F Cash Advance makes applying for a loan in Providence straightforward:
Fill out a secure application
Visit our store and let our team make this 5-minute process smooth and stress-free.
Wait for a loan decision
Processing is automatic and fast, so you can get an approval decision within minutes.
Receive your money
If approved, get instant cash at the store or receive a direct deposit to your account on the same day.*
*In-store cash loans are offered to customers who provide a post-dated check for repayment. If you opt for a bank transfer, loans approved before 10:30 am on business days are funded the same day. Later, weekend, or holiday approvals are processed on the next banking day.
Documents Required for Applying
To complete your loan application, you need to provide the following:
- Valid government-issued photo ID
- Social Security Number
- Income verification
- Proof of current Rhode Island address
- Checking account and routing numbers
- Active email address and mobile phone number
About 1F Cash Advance in Providence, Rhode Island
1F Cash Advance has been helping Rhode Island residents find fast and accessible loan solutions from reputable lenders since 2019. We opened our physical store in Providence in 2023 to provide borrowers with in-person support and customized financial products. We know that urgent expenses can happen to anyone, so we partner with lenders who accept applicants with bad or no credit. Our application process is quick and straightforward so you can review your options in minutes and get the money you need on the same day.
We believe in transparent lending and do our best to help you make an informed decision. Our lenders clearly disclose all the terms before you sign. Our professional team is here to answer your questions and explain every detail. At 1F Cash Advance in Providence, we care about your financial future and want you to have a good experience with us.
Responsible Borrowing
A payday loan is a temporary fix for sudden expenses, not an option for your long-term needs. Before you apply, make sure you fully understand all the loan terms, including the total cost and your payment deadline. Responsible borrowing means only taking out what you truly need and can repay on time.
At 1F Cash Advance, we are transparent about every detail and never charge fees for our services. Our lenders disclose all the terms clearly before you sign so you can make an informed decision. If you are struggling with ongoing debt or experiencing credit issues, avoid taking out loans and seek free credit counseling.
FAQ
Are payday loans permitted in Rhode Island?
Yes, payday loans are legal in Rhode Island, but certain restrictions apply. 1F Cash Advance fully complies with all local regulations. Under a law signed by the governor in 2025, Rhode Island will end payday lending statewide starting January 1, 2027.1
What is the maximum loan amount available in Providence?
Under state law, the face amount of the check shall not exceed $500. That means the maximum payday loan amount you can get in hand in Providence is $450. For large needs, consider installment loans of up to $5,000.
Is it possible to get a payday loan in Providence with bad credit?
Yes, you can qualify for payday loans even with bad credit. Our lending partners look primarily at your current income. Most of them perform only a soft credit check to assess your overall financial situation. If your lender needs to run a hard inquiry as part of the final approval, it will notify you in advance.
How soon will I receive my funds after approval?
If you borrow money in-store and provide a post-dated check, you’ll receive cash immediately after approval. For bank transfers, funding times are typically as soon as the next business day. Loans approved before 10:30 am on a banking day are deposited on the same day.
What should I do if I am unable to repay my loan on time?
If you think you might miss a payment, contact your lender as soon as possible to discuss your options. Under Rhode Island law (R.I. Gen. Laws § 19-14.4-5.1), you may be offered one rollover. However, this may incur additional charges and significantly increase the total cost of borrowing.
Which is better: a payday loan or title loan?
Both options are short-term, high-cost products. A title loan is secured by your vehicle, so it allows you to borrow a portion of its value (usually 25%–50%) for 30–60 days. However, if you cannot pay back the loan, you risk losing your car. Payday loans do not require collateral but often have higher APRs. They also offer lower borrowing limits and may not meet some of your emergency needs.
Sources
- 1 Rhode Island General Assembly — 2025 — H 5042, Substitute A (An Act Relating to Financial Institutions — Licensed Activities) — payday lending repeal effective date. 2025.
