TrustedPayday Review | Loans Like TrustedPayday | Credit Raters us-lenders
Last updated: 27th Feb 2020

TrustedPayDay Review

Identifying a good online lender for your financial needs isn’t a walk in the park. While there are hundreds of online lenders, not all of them are legitimate. Some of them charge very high rates that may end up drowning you financially. To make your search for a good lender hassle-free, you can use the services of connection platforms such as

TrustedPayDay is an online platform that matches up lenders with borrowers. All the loans offered in this platform are short-term and do not exceed $1,000. The basic requirements to qualify for a loan through this website are lax, and the application process is easy. Furthermore, no collateral is needed to qualify for a loan. 

Before you proceed to apply for a loan through, here is a review of its key features that you should be aware of. 


Since TrustedPayDay is a third-party that connects you to lenders, it’s independent and doesn’t make any decisions regarding the loan amount or the repayment terms that any lender in its network will offer you. 

The loan terms and costs of the loan that you’ll be offered will entirely depend on the lender you’re paired up with. The only way to find out the exact cost is to apply for a payday loan. If you are not comfortable with the rates that you’ll be given, you can decide not to proceed with the loan. 

Key features 

With TrustedPayDay, you can apply for short-term loans ranging from $100 to $1,000. It has over 70 legitimate and trusted lenders. However, not all lenders are able to offer that maximum amount. Also, first-time borrowers are unlikely to qualify for the $1,000 limit. Most lenders offer the $1,000 limits to return customers with good repayment history. 

Since all the loans are short-term, the repayment terms rangers from 7 days to one month. How much you pay back will depend on your lender. In most cases, lenders will use the following factors to determine the repayment costs and terms of your loan; the loan amount borrowed, credit history, the repayment term, monthly income, and much more. 

Another outstanding feature with is that you will still be considered for a loan even if your credit score is bad. However, you should note that a bad credit profile will always attract low loan limits and high-interest rates. But is you really need financial aid and no other lender is willing to accept you, then it’s worth it to try here. 

As for the loan application, it’s straightforward. Furthermore, loan applications can be made during any time of the day. TrustedPayDay accepts loan applications 24/7. Even if you apply for a loan outside of business hours, your application will be processed. 

However, since most lenders business workers are between 8 am and 5 pm, it’s best if you apply for a loan during those hours. If your loan is approved by one of the lenders, funding will take place most likely on the next business day. 

TrustedPayDay also makes the safety of your information is a priority. It makes use of advanced technology measures from DigiCert, which is a reputable service provider of SSL certificates. So, you can be confident that any information you provide during the online application is safe. 

Other advantages and disadvantages of using include;


  • A vast network of lenders 
  • Accept all credit profiles 
  • Quick online application 
  • Loans are unsecured 


  • The rates and repayment terms aren’t provided 
  • Minimum monthly income of $1,000


What next if I am connected with a lender? 

If you are matched up with a lender, and you wish to proceed with the loan offer, you’ll be directed to the lender’s website. Here, you may be requested to provide additional information and proof of your income and personal information. 

If approved, you’ll be offered a loan contract detailing all the information regarding your loan, including the rates and repayment terms. Carefully review the loan agreement and only sign if you agree with all the conditions presented in there. Do not proceed to sign the loan if you’re not comfortable with the loan agreement. 

If you sign the document, the money will deposit into your account on the next business day. 

Will I be charged a penalty if I don’t repay my loan in time? 

Whether you’ll be charged a late repayment fee or not will depend on your lender’s policy regarding late payments. You can review your loan agreement to find out if your lender charges any additional charges for late fees. 

What’s the maximum repayment term? 

Since all the loans are short-term, the maximum period to repay the loan is 30 days. Please contact your lender to find out whether they offer a roll-over or an extension. 

Eligibility Criteria

To apply for a loan through, you must meet specific minimum requirements. These include;

  • Be employed for at least three months/have a regular income 
  • Be at least 18 years old 
  • Be a permanent US resident or Citizen 
  • Have a monthly income of $1,000 or more 
  • Have a checking account in your name 

State Availability

Because of state limitations, not all states qualify for a loan through To find out if your state is eligible, you can contact the support team. 

Customer support

TrustedPayDay has a friendly and fantastic customer support team. If you have any questions, the team is well experienced and trained and will offer you comprehensive and reliable solutions to all your queries. Call them at 888-762-7293. 

Application process

To apply for a loan via, here is a step-by-step guide;

Step 1 – Visit the Trusted Payday loan website 

Step 2 – Fill out all the required information including your;

  • Name
  • Home address 
  • Email address 
  • Phone number
  • Date of birth 
  • Social Security Number 
  • Driver’s license number 
  • Your employer’s information 
  • Your monthly income 
  • Bank account information 

Step 3 – Agree to terms and conditions and submit the application. 

Step 4 – if qualified, you will be connected with a lender. If everything goes well and you’re approved, you will receive the funds on the next business day. 

Before a lender can qualify you, you may be requested to provide proof of;

  • Government ID or Driver’s license 
  • Social Security Number 
  • Income and bank information  

Conclusion is a convenient way to find a short-term loan. With a network of over 70 lenders and very basic eligibility criteria, there is no other better place to solve your financial challenges.