Why choose us:

Understanding Payday Loans:

Want to know how exactly you can receive your payday loan? Read ahead to find out.

GshLoans.com is not a direct payday lender. We are not the ones providing you with payday loans. We have one goal – to connect your loan request with a licensed lender who may offer you a loan. And we want to do it as fast as possible to help you cover your urgent financial needs.

You will avoid wasting your time driving from one lender to another begging for money. You will also not be required to fill out tons of paperwork or wait for days or even weeks to get your loan approved (like with many traditional loans from banks).

Before you submit the loan request form, make sure that you meet the following criteria:

  • Be a U.S. citizen who is at least 18 years old
  • Be currently employed with minimum $1,000 monthly income (subject to verification)
  • Have a valid bank account for depositing money
  • Not be an active duty or a reserve member with any branch of the U.S. military

Meeting the above criteria is necessary for receiving any type of loan, including online payday loans, in the United States. For more information regarding eligibility for payday loans, please refer to our FAQ section.

In addition, you should list a valid home address and a telephone number for a prospective lender to get in touch with you.

How to Request a Loan

Requesting a loan though our website is easy. Simply fill out our online form and hit submit. Your loan request will be shared with the payday lenders we work with. They will then review the information you have provided and decide whether to offer you the loan. This process usually takes no more than 3 minutes.

Make sure that you fill out the loan request form completely and as accurately as possible. Provide the most recent and up-to-date information. Discrepancies could lead to longer processing time or outright rejection.

Some lenders may ask you to provide additional information. For example, a lender may ask you to fax a certain document. You should not delay in providing these additional documents.

If a lender decides to accept your loan request, they should provide you with a legally binding loan contract. This contract will state the terms and conditions of the loan, such as the interest you have to pay, your payment schedule, how to get an extension, and so on. Carefully read through this document. You must understand it thoroughly before signing the document. Pay particular attention to the extra service fees that may be charged from you.

Do not accept funds without signing a loan contract. The contract will protect you from predatory lenders and unfair service charges.

Another great advantage is that bad credit is not an automatic disqualifier for a payday loan. Your eligibility will depend on numerous factors including your income, current debt, credit history, and state of residency.

We cannot guarantee you a payday loan. It’s ultimately up to the lender to decide to give you one.

Receiving the Funds

If a payday lender decides to give you the loan you have requested, they will direct deposit the funds to the bank account you have provided. It normally takes a single business day to deposit the funds following the request. Deposit can also take longer depending on your bank’s requirements.

You will receive your funds quickly if you submit your loan request on a weekday during banking hours. Weekends and bank holidays will cause cash transfers to take longer.


You will have to repay the loan as stated in the loan contract you signed. Payday loans are normally repaid with a single payment. The lender will automatically withdraw the due amount, plus interest and other charges, on a date you both have previously agreed upon.

If you are behind the repayment schedule, you may be charged additional late payments and fees. These can be quite hefty. Therefore, make your scheduled repayments on time.

Not repaying the loan on time will have serious consequences. If you don’t pay back as stated in the contract, the lender can sue you. You could be subjected to collection calls. You will incur more debt, thus hurting your credit rating. You will have to pay legal fees in addition to the amount due if the case goes to court.

If you are somehow unable to repay as agreed before, contact your lender regarding an extension. You will find details about extending the due date in your loan contract.