What is a Payday Loan? Miami Beach FL

What is a Payday Loan?

What is a Payday Loan?

A payday loan is a short-term loan that is typically repaid on your next payday. This differs from traditional loans, which give you an extended period for repayment in smaller installments and with a longer period of interest payments. With a payday loan you get approved more easily, have greater access, and can get smaller loan amounts than if you went for a traditional or bank loan.

Who Can Use a Payday Loan?

Anyone with an income can apply for and use a payday loan. In general, you must be at least 18 years old and a legal resident in the U.S. You also need to have a bank account for deposit of the funds and repayment. Otherwise, there are very few restrictions on who can use these loans as compared to other kinds of lending.

Who Benefits from Payday Loans?

Most people who work and occasionally struggle to make ends meet between paydays can benefit from these loans. If you live from payday to payday and sometimes run out of the cash needed to pay the bills, buy groceries, or gas up the car these loans can be a big help. You get quick cash, easily, and without the hassle of going through a credit check or going into a bank. So, if time is an issue and you have a busy schedule, you’ll benefit from this quick and convenient loan.

Where Do I Apply for a Payday Loan?

Payday loans are usually available online, although you’ll also find loan and cash advance stores in your community. The online option is most convenient, and many lenders also have a mobile app you can use. All you need to access the application for the loan is a computer or a mobile device, so apply at home, at work, or on the go.

When Can I Get a Payday Loan?

With the online and mobile options for applying, you can get a payday loan whenever you want. Bank and shop hours are limited, and work may prevent you from getting there during business hours. If you use the online application or app you can apply at night, on the weekends, and even on holidays.

How Do I Get Approved?

Getting approved for a payday loan is simple. You need to show you are a legal resident, have a bank account, and have a job. Your income may need to meet a certain minimum, but it is reasonable for most people at about $1,000 per month. Most payday lenders do not require a credit check or a minimum score for approval.

Why Should I Try a Payday Loan?

There are so many great reasons to use a payday loan the next time you have expenses and no cash ahead of payday. One is ease of use and convenience. Work it in around your busy schedule. Another is that approval is easy, so if you have been denied before you can still get cash. And finally, the money is fast. Get a quick solution to any money problem you have right now.

Local Companies

Citibank - 401 Arthur Godfrey St Branch
(800) 374-9700
401 Arthur Godfrey Street
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. This fee is waived when you meet the account's minimum balance requirements.
Surcharge fee: Surcharge-free ATM access is available at all MoneyPass Network ATM locations.
ATM Fee Rebate Noe: Some accounts provide rebates of ATM Surcharge Fees. Contact Citibank for details.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

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Wells Fargo - Bay Point Branch
(866) 245-3452
4770 Biscayne Boulevard
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

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Chase - 1400 Nw 17th Avenue Branch
(877) 682-4273
1400 N.W. 17th Avenue
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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Chase - Se 2nd Street Branch
(877) 682-4273
150 S.E. 2nd Street
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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Regions Bank - Edison Center Branch
(800) 734-4667
6013 Northwest Seventh Avenue
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $20.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2 fee each time you use an ATM that's not a Regions ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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Citibank - 1790 Biscayne Blvd Branch
(800) 374-9700
2001 Biscayne Boulevard
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. This fee is waived when you meet the account's minimum balance requirements.
Surcharge fee: Surcharge-free ATM access is available at all MoneyPass Network ATM locations.
ATM Fee Rebate Noe: Some accounts provide rebates of ATM Surcharge Fees. Contact Citibank for details.
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

Data Provided By:
BB&T - Miami Beach Branch
(800) 226-5228
901 Arthur Godfrey Road
Miami Beach, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $30.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.50 fee each time you use a non-affiliated ATM after 4 uses per month. (Not all accounts provide this fee waiver.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Free Checks, Unlimited Checks

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Chase - 5800 Nw 7th Avenue Branch
(877) 682-4273
5800 N.W. 7th Avenue
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $35.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2.00 fee each time you use a non-affiliated ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Regions Bank - Biscayne Branch
(800) 734-4667
3550 Biscayne Boulevard
Miami, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $20.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2 fee each time you use an ATM that's not a Regions ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

Data Provided By:
Regions Bank - Miami Beach Branch
(800) 734-4667
780 Arthur Godfrey Road
Miami Beach, FL
ATM Fees
monthly fee: Monthly service fees range from $0 to $20.00. See institution about how these monthly fees can be waived.
ATM fee note: There is a $2 fee each time you use an ATM that's not a Regions ATM. (Fee does not apply to all accounts.)
Services
Mobile & Text Banking, Debit Reward Programs, Overdraft Protection, Email Alerts, Online Bill Pay, Activity Download, Free Checks, Unlimited Checks

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Advanced Lending Group, LLC
(954) 972-3933
6700 nw 20th ave
fort lauderdale , FL
 
Suncoast Business Brokers, Inc.
(850) 934-2721
1101 Gulf Breeze Parkway
Gulf Breeze, FL
 
First Investors
(954) 628-4100
3450 Lakeside Dr.
Miramar, FL

Data Provided By:
Mass Mutual DBS Financial Group
(954) 689-9413
1000 Corporate Drive
Ft. Lauderdale, FL

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MetLife Financial
(954) 625-1612
1200 S. Pine Island Road
Plantation, FL

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Pen Air Federal Credit Union
(850) 505-3200 x 3413
1495 E. 9 Mile Rd.
Pensacola, FL
 
Factor Group LLC
(305) 728-1355
2655 LeJeune
Coral Gables, FL

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Liquid Capital
(954) 874-1700
3350 SW 148th Avenue
Miramar, FL

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Mass Mutual Financial Services DBS Financial
(954) 938-8800
1000 Corporate Drive,
Fort Lauderdale, FL

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Metropolitan Life
(954) 625-1530
1200 South Pine Island Road
Plantation, FL

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Factor Group LLC
(305) 728-1355
2655 LeJeune
Coral Gables, FL

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Liquid Capital
(954) 874-1700
3350 SW 148th Avenue
Miramar, FL

Data Provided By:
Principal Financial Group
(954) 885-5113
3401 SW 160 Avenue
Miramar, FL

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Peoples Credit Union
(954) 704-4100
1771 N Flamingo Road
Pembroke Pines, FL

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First Investors
(954) 628-4100
3450 Lakeside Dr.
Miramar, FL

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Morgan Financial
(954) 874-1614
3350 SW 148th Avenue
Miramar, FL

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Wachovia Securities
(954) 893-4861
10480 Taft Street
Pembroke Pines, FL

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Wealth Builders FX, LLC
954-302-3523x 711
9000 Sheridan Street
Pembroke Pines, FL

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