$500 Dollar Loan — Fast Decision, Potential Same-Day Deposit
Need exactly $500? PrimeLendings matches you with licensed lenders for a $500 loan online. Bad credit considered, soft pre-qualification inquiry, no bank visit. Funding timing varies by lender.
Apply in 5 Minutes
256-SSLLoan Amount
$500
Decision
Instant 60 Sec
Funding
Potential Same Day
Credit Check
Soft Pre-Qual
Why Choose PrimeLendings?
$500 Loan Instantly Online
Apply for exactly $500 online in 5 minutes. Automated decision in 60 seconds, same-day deposit — no branch visit, no faxing.
Bad Credit OK for $500 Loans
A $500 loan is one of the most accessible loan amounts for bad credit borrowers. Income of $800+/month is typically all that's needed.
Choose Your Repayment
Repay your $500 loan on your next payday (14–31 days) for a traditional payday loan, or spread payments over 3–12 months for an installment option.
Soft Initial Credit Inquiry
Applying uses only a soft inquiry. Your FICO score is unaffected at the initial matching stage; individual lenders may conduct additional checks before final approval by checking your $500 loan options.
Multiple Lenders Compared
PrimeLendings submits your one application to multiple $500 loan lenders simultaneously — giving you the best available rate and terms.
100% Online Process
Apply, get approved, e-sign, and receive your $500 entirely online from any device.
How It Works — 5 Minutes to Funding
- 1Select $500 as Your Loan AmountChoose $500 as your loan amount. Only borrow what you genuinely need and can repay.
- 2Complete the 5-Minute ApplicationEnter your income, bank account details, and ZIP code. No documents to upload.
- 3Receive Instant DecisionOur system matches you with lenders willing to provide a $500 loan in under 60 seconds.
- 4Review Your $500 Loan OfferSee the exact fee, APR, and repayment date for your $500 loan before signing.
- 5E-Sign and Get $500 TodayAccept your offer digitally and receive $500 via same-day ACH direct deposit.
$500 Loan Costs — What to Expect
| Loan Type | $500 Fee | Total Repay | APR |
|---|---|---|---|
| Payday Loan (14 days) | $75 ($15/$100) | $575 | ~391% |
| Payday Loan (30 days) | $75 ($15/$100) | $575 | ~182% |
| Installment 3 months | ~$72 interest | $572 total | ~60%–120% |
| Installment 6 months | ~$120 interest | $620 total | ~50%–100% |
Other Loan Amounts
PrimeLendings offers loans from $100 to $5,000. If you need a different amount:
- $100 Dollar Loan — smallest available amount
- $2,000 Dollar Loan — larger amount with installment repayment
- $4,000 Loan — near-maximum amount
- $1,000 Personal Loan
PrimeLendings vs. Alternatives
| Feature | PrimeLendings | Banks | Storefront Lenders |
|---|---|---|---|
| Application | 5 Min Online | Days/Weeks | In-Person Visit |
| Credit Required | Multiple Profiles Considered | Good–Excellent | Varies |
| Availability | 24/7 Online | Business Hours | Business Hours |
| Funding Speed | Next Day Typical* | 3–10 Days | Walk Out With Cash |
| Pre-Qual Inquiry | Soft (matching stage) | Always Hard Pull | Varies |
| Prepayment Penalty | None | Sometimes | Sometimes |
Frequently Asked Questions
Get Matched With a Lender
Fast — Apply in 5 Minutes
One 5-minute form. Soft pre-qualification inquiry at the matching stage — participating lenders make independent funding decisions. Licensed lenders available in all 50 states.
256-bit SSL · Licensed lenders · TILA-compliant disclosures
Marketplace Disclosure: PrimeLendings is a 100% online loan marketplace, not a direct lender. We do not originate, fund, or service loans. We instantly match borrowers with licensed lenders across the US and Canada who make all independent credit and funding decisions. Loan approval, rates (5.99%–35.99% APR), and terms are determined solely by the matched lender. Submitting a request does not guarantee loan approval. Loan terms, APR, fees, and availability are set by individual lenders and vary by state. A lender may perform a hard credit inquiry before final approval, which may affect your credit score. Representative example: $500 borrowed for 14 days at a flat fee of $15 per $100 = total repayment $575 (APR 391%). Always review lender terms before signing.
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