Fast Payday Loans Up To $5,000

How Can I Get an Instant Loan in 1 Hour?

If you suddenly found yourself in need of some cash, there are some ways to address your urgency without requiring you to do intensive legwork. Usually, loans involve a lengthy application process where you need to fill up many forms and provide documentation of your ability to repay the loan, and sometimes, getting a loan involves interviews.

If you can’t afford to do all these steps and you need some cash for an emergency, here are some loans that can be approved and released within an hour or less:

Loans That You Can Acquire in an Hour

Credit Card Cash Advance

Using a credit card to acquire some cash is very convenient since you already have a credit card, and you won’t need to fill up additional papers or forms. You simply need to go to an ATM or bank, and you can withdraw the allowable cash advance issued by your credit card company.

Loan Apps

Nowadays, mobile banks also have an option to do loans via the app itself. Banks usually email people eligible to make these loans, and you can secure a loan after a few clicks. You have to wait for this instant loan to be approved, and the money will come into your account as soon as approved. It is pretty convenient, especially since you won’t need to leave your house in order to apply for and receive your loan.

Payday Loans

Payday loans are instant loans requiring no collateral but are due next payday. This kind of loan involves quick approval and quick release of the funds, and you can apply for this loan from banks or selected creditors. Since there is no collateral for payday loans, there are high-interest rates and fees when the loan cannot be repaid on time.

An alternative to payday loans that work similarly is payday loans offered by certain federal credit unions. Interest rates are capped, and fewer fees are involved in the loan. To avail of this, you must be a credit union member for at least a month.

Pawn Shop Loans

To avail of a pawn shop loan, you need to go to a trusted pawn shop and offer something to serve as collateral. Personnel will assess the value of your item and will provide you with an amount accordingly. Usually, people who need quick cash pawn their jewelry, watches, musical instruments, gadgets, or other high-value items.

The pawn shop will keep your item on hand until you can repay the loan and all its interests.


Nowadays, there are a lot of institutions that offer quick loan approval and release when you are in urgent need of some cash. Usually, when you need it fast and there are no collaterals involved, interest rates can get a bit steep. It is important to know about your options so you can make the best decision when it comes to the loan that you are taking.