Payday Loans and Direct Deposit


Can I get the funds from my payday loan directly deposited into my bank account?

Yes! After we have approved your loan amount, let us know how you would like to receive your money, including a direct deposit into your bank account.

Direct deposit transactions are available for online loans only, and are processed via ACH (Automated Clearing House) and are done in batches so funds are available within one to three business days, depending on the day your loan is approved.

In addition to the option to receive direct deposit of your funds, we also offer two other options to receive your cash.

Choose the option that works best for you:
  1. Pick up your cash at a nearby Moneytree branch.
    Funds are available immediately!
     
  2. Have your loan deposited right onto your Prepaid Debit Card purchased at Moneytree.
    Funds are available immediately!
Don’t have a Prepaid Debit Card?

Visit any Moneytree branch to purchase a prepaid debit card. The next time you take out an online loan you will have the option of direct deposit to your bank account, or you can choose to have your funds deposited right onto your prepaid debit card so that your money is available immediately!

Questions? Please call our Customer Service Department at 877.613.MONY (6669).
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Online loans not available in all states. For the complete list of available loans, rates and terms, click the page for your state of residence:

California: A payday loan costs approximately $17.65 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment amount of $117.65 and has an APR (Annual Percentage Rate) of 460.16%.* Moneytree, Inc. is licensed by the Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law to make consumer loans. Licensed by the Department of Business Oversight pursuant to the California Finance Lenders Law to make business loans. Loans made or arranged pursuant to a California Financing Law license.

Colorado: The amount of payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan with a 10% acquisition charge and a 98-day loan term as an example: A $500 loan would cost $595 which includes finance charges of $95, consisting of the acquisition charge and three installment account handling charges, and is based upon you agreeing to make seven payments of $85 due every two weeks, with an APR (Annual Percentage Rate) of 118.25%.*

Idaho: A payday loan costs $16.50 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment of $116.50 and has an APR (Annual Percentage Rate) of 430.18%.*

Nevada: A payday loan costs $16.50 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment of $116.50 and has an APR (Annual Percentage Rate) of 430.18%.*

Washington: A payday loan costs $15 per $100 borrowed up to $500, and $10 per $100 on the amount over $500. For example, a $100 loan due in 14 days would have a total repayment amount of $115 and has an APR (Annual Percentage Rate) of 391.07%.*

Customer Notices:
There are a wide variety of loan products available in the marketplace, so your choice of lending products should match your financial needs. Small-dollar loans used over a long period of time can be expensive.

Payday Loans, High-Interest loans and Title Loans should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

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For Customer Service, please contact us at 1-800-745-1011.

*The Annual Percentage Rate ("APR") is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule.