Days Loan Reviews: Is It Legit? Everything You Need To Know

Days Loan Reviews

Days Loan and What They Offer

Hi everyone! Chances are good that Days Loan has shown up in your search for information on payday loans. These people represent themselves as direct lenders, providing online payday loans and quick cash advances, even to those with poor credit. Still, are they trustworthy or are they just another predatory lender? Reviews of day loans written by consumers will be covered here.

To provide you with accurate information on Days Loan, I made the decision to thoroughly investigate them. I investigated them online, read a ton of client testimonials, and got all the information I needed about their costs and charges. This is going to be one crazy ride, so buckle up!

Overview of Days Loan’s Payday Loan Options

Depending on your state’s regulations, Days Loan provides online payday loans and cash advances with amounts ranging from $50 to $2,000. First, the essentials:

  • Amounts borrowed: $50 to $2,000.
  • State-by-state variations in term lengths, but generally 7–31 days.
  • Interest rates: Vary from around 700% APR to roughly 150% APR.
  • 10% or more of the loan amount is charged in origination costs.
  • Payment: Automatically taken out of your bank account on the due date.

They actively promote their guaranteed acceptance judgments in minutes to people with no credit or low credit. But take note—these loans have exorbitant interest rates!

Breaking Down the Pros and Cons of Days Loan

With any lender, I always prefer to be honest about the good and the bad. Based on my study, here is a summary of the main advantages and disadvantages of Days Loans:


  • Quick online application processing and decision-making.
  • No middlemen since the loan is direct.
  • Does not examine the main credit bureaus.
  • Swiftly deposits money into your bank account.
  • Access to the account dashboard online.


  • Extremely high fees and interest rates.
  • Brief payback terms with a single, one-time payment required.
  • Will savorably impact your bank account on the repayment date.
  • No discounts for early payback.
  • Not open and honest about costs and rates. Here, there are undoubtedly some warning signs for borrowers to be aware of.

I think the ridiculous costs outweigh the benefits, even though the speed and ease of access are wonderful.

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What Are Days Loan’s Interest Rates and Fees?

Days Loan’s Interest Rates and Fees

My friends, this is the ugly part. Though Days Loan makes an effort to conceal its true rates and costs, the details are as follows:

  • Interest rates: Around 150% to over 700% APR depending on your state
  • Origination fees: Up to 10% of the loan amount
  • Late fees: Up to $30 after a 5-day grace period
  • NSF fees: Up to $25 if automatic payment fails

They say that compared to other payday lenders, they have more “flexible” terms. In actuality, though, their interest rates are just as exorbitant as those of other predatory lenders. In certain circumstances, we’re talking about rates of 200%! Please proceed with caution.

What’s the Maximum Loan Amount From Days Loan?

Depending on your state of residence and income level, Days Loan offers maximum cash loans of $50 to $2,000. A brief look at this:

  • California: Up to $300
  • Florida: Up to $500
  • Idaho: Up to $1000
  • Illinois: Up to $1250
  • Indiana: Up to $550
  • Kansas: Up to $500
  • Missouri: Up to $500

The restrictions are determined by state statutes governing payday loans. days loan is not permitted to give you more money than your state’s maximum amount, even if it is granted. Very useful to know before applying!

How Long Does It Take to Get Funds From Days Loan?

Days Loan claims to provide quick loan funds deposits upon approval. If approved, the timeline is as described below::

Application: Online minutes to fill out
Approval: Rapid, computer-generated judgment
Funding: Following acceptance, as soon as the following business day

Essentially, you could apply on Monday morning and, in most circumstances, have the money in your account by Tuesday. speedier than traditional loans, without a doubt. However, the rapid money has a high cost.

What’s the Best Way to Get Approved by Days Loan?

Days Loan guarantees an expedited approval procedure. However, the following advice can increase your chances:

  • Maintain a current bank account and a steady source of income.
  • On a weekday, send in your application early in the day.
  • Prepare identification, bank account details, and references.
  • When taking out a loan for the first time, start small.
  • Schedule repayments for when you get paid or shortly after.

In the event that you have consistent income to repay the loan, you may be approved even with bad credit. But take caution—their quick approval may tempt you to take out more loans than you can afford. Adhere to what you require.

What Happens If You Default on a Days Loan?

Days Loan's Legit

Revolved loans are not well received by Days Loan, like any lender. If payments are not made on time, the following may occur:

  • Your balance is being eaten up by persistent late payment costs.
  • Rate increases up to the maximum allowed by the state.
  • Intimidating phone calls and texts from Days Loan recovery.
  • Suspicion of wages and possible legal action.
  • Major damage to both your ChexSystems rating and credit standing.

It is terrible news to become entangled in a cycle of predatory payday lending. Never turn to payday lenders like Days Loan unless you have exhausted all other less expensive choices. Prevent falling into debt!

Are There Any Discounts or Promotions From Days Loan?

Days Loan uses promotions and discounts like these to entice customers.

  • Loyalty and referral bonuses.
  • Initial loan-free promotions (fees still apply).
  • Bonus gift cards.
  • Freebie competitions and lottery games.

Read the fine print, though! The majority of their promotions are highly unlikely to succeed or have significant conditions attached. It would be wiser for you to hunt for lower-rate loan options.

How Can You Pay Off a Days Loan Early?

Unlike some lenders, Days Loan doesn’t make it simple or offer incentives for early payback. Usually, you have the following choices:

  • Repay the entire amount in full upfront; there will be no discounts.
  • Pay in installments to lower the total amount due.
  • If your state permits it, ask for an extension.
  • Consolidate into a different loan type or refinance.
  • Just give up and accept the consequences.

If at all possible, stay away from rollovers and extensions as these will keep you stuck in a never-ending cycle of payday loan debt. Make an escape plan!

Alternatives to Risky Payday Loans Like Days Loan

To be honest, payday loans ought to be considered an absolute last resort. Before submitting a Days Loan application, consider all of your better options:

  • Take a loan from relatives and family.
  • Plan your payments to your invoices and creditors.
  • Standard personal loan from a bank.
  • Employer cash advance deducted from your salary.
  • Alternative payday loans from credit unions.
  • Crowdsourced lending networks.
  • Credit counseling as well as debt management services.
  • Promotions on balance transfer credit cards.
  • Commercial finance without interest.
  • Charitable and non-profit support locally.

You can also check Coffee Break Loans

A payday loan like Days Loans should not be enticed by flashy advertisements and easy access. Dealing with financial gaps can be handled in a variety of less exploitative ways. Conduct research!

Days Loan Reviews from Real Customers

Review from Real Days Loan Customers

Let’s examine first-hand accounts from people who have utilized Days Loan. I collected reviews from all across the internet, and the following themes emerged:

“Interest rates are uncontrollably high. I will advise everyone I know to stay away from Days Loan because I sincerely regret employing them.

“Very simple to approve, yet the costs were higher than I had anticipated. I had trouble paying back on time.

They quickly deposited the money I required. But once my payment failed, they called me nonstop for collection.

Numerous clients lament the misrepresentation of interest rates and periods of repayment. Prior to borrowing, make sure you have a repayment plan in place and have read the fine print.

Is Days Loan Legit and Should You Use Them?

Now for my expert assessment of Days Loan as a lender:

Although they are a reputable direct payday lender, loans from them should only be taken out as a last resort due to their extremely high interest rates. Additionally, they are opaque when it comes to displaying true prices.

Money comes in rapidly and approvals happen quickly. However, you must pay the price in the form of harsh collection tactics, costly fees, and extremely short payback terms. A debt trap exists.

Use Days Loan only in cases where you have truly run out of alternative, less expensive loan options and have a well-thought-out repayment strategy. Otherwise, one should steer clear of their predatory loans. Avoid getting sucked in!

Also Read: Commercial Loan True Rate Services

Frequently Asked Questions about Days Loan Reviews

Below are responses to some of the most often asked questions concerning Days Loan that I receive:

Q: What are Days Loan’s payday loan requirements?

A: Most commonly, you’ll need references, a legitimate ID, a bank account that is open, and a steady monthly income of more than $1,000. Absence of a formal credit inquiry.

Q: Does Days Loan operate in my state?

A: Texas, Florida, Illinois, Indiana, Kansas, Missouri, California, and Florida are the current states where they provide loans. Eventually reaching additional states.

Q: How fast does Days Loan deposit approved loans?

A: As soon as the following business day following approval, according to the majority of consumers, funds are deposited. The majority of lenders require three to five days.

Q: Can I get more than one payday loan from Days Loan at once?

A: While it’s technically possible, taking out many high-interest payday loans at the same time is quite dangerous. If you can, stay away from it.

Q: What happens if I can’t repay my Days Loan on time?

A: Interest rates will rise and you’ll start to accumulate costly late fines. Collectors should expect to call frequently. Preventing default is crucial.

Q: Is Days Loan the cheapest payday lender out there?

A: Certainly not. Their fees are as outrageously expensive as those of other predatory payday lenders, notwithstanding their convenience. They certainly don’t offer the best value.

The Bottom Line on Days Loan Reviews

Whoa, this was a thorough breakdown of Days Loan from top to bottom! In summary, Days Loan is a reputable company, but because of their exorbitant interest rates, their loans should only be taken out as a last choice.

Don’t take on more debt than you can afford to pay back with your next salary. To escape the never-ending cycle of debt, have a good early payback or exit strategy in place. And look into any alternative options that are less expensive!

I hope this in-depth analysis of days loan proved useful. Be wise in the real world, weigh your options, and take responsible loans. Your pocketbook will be appreciative. Until we meet again!

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