If you’re taking out a standard loan, you need to go through hard credit checks. Those activities are often recorded on your credit report and should influence your overall score momentarily. On the opposite side, these 1 hour payday loans won’t require hard credit checking and will not affect your financial reputation.
Once your one-hour payday loan is approved, you’ll receive funds within one hour. Like traditional loans, you do not wait for several days for these loans to process and obtain funds.