Two unfortunate truths: debt doesn’t go on vacation and sometimes you need to find a payday loan store that’s open on Sunday. But before you apply for funding, you should know that if you’re reading this on a Sunday, chances are you won’t be able to get your funds by the end of the day if you use a payday loan website, since it usually takes about a day to get money through one of those sites, or even through a direct online lender. If you need money now, you might need to head over to a local lender.
We don’t like being the bearer of bad news, but it's tough to find a lender that’s open on the seventh day of the week. We conducted a survey of 100 payday loan lenders from all over the country. Only a dozen of them were open on Sunday. Of those, one closed at 1 p.m.; three at 4 p.m.; five at 5 p.m.; and three at 6 p.m. So by the time 7 p.m. rolls around on Sunday, you’ll most likely have to wait until at least Monday to get a payday loan. In case you’re curious, Saturday is much more forgiving. Most of the lenders we looked at were opened on Saturday.
People use a lender-finding site like OpenCashAdvance.com to find a provider who has the resources to lend them a loan. But that doesn’t mean the lender needs to be open, since most of the online loan application process is automated. The part that takes the longest is waiting for the bank to deposit funds, but it’s not like you’re waiting for someone at the bank to push a button. It’s automated on their end, too. So if you apply for a payday loan online on Sunday, you could get the money as soon as Monday, even if the lender is closed on Sunday. That’s fast and convenient, but it’s no help if you need your money by the end of the day. I have looked at a lot of loan websites; I have yet to find one that can get you the funds on the same day you apply for the loan. There might be one out there, but I haven’t seen it.
If you absolutely need the money today and you can’t find an open payday loan store, then you might need to get the money from somewhere else. Have you already tried contacting your friends and family? Someone might be able to lend you some money until you can find a lender that’s open. You might consider drafting up a contract for you and your family member to sign. That might seem overly official at first, but it'll help your familial lender feel a little more comfortable about filling your pay gap.
Maybe a payday loan just isn’t in the cards. If you’ve tried everything you can think of and you still don’t have the money, you might need to move on to plan B. Depending on the reason you need the loan, you may have other options available to you. Smaller creditors would rather settle a debt with you than bother passing it on to a collection agency. So if you’re able to get in contact with the person you owe money to, they might be willing to come up with some sort of compromise. That might mean they give you a loan extension. If you can’t get in contact with them on Sunday, then you should still try to reach them on Monday. There’s a chance they have a grace period in place and you’ll still be able to reach some sort of compromise.
Don’t miss a payment just because it’s due on Sunday. Some borrowers think that if a bill is due on Sunday, they are allowed to pay it on Monday instead. That’s rarely true. Bills are supposed to be paid on the day they are due. You might have some leeway if your mailed payment arrives on Monday, but that’s only if it would have arrived on Sunday. Payday loans are often seen as a last line of defense against sudden expenses. If it’s Sunday and you can’t find a lender that’s open, the situation can become even more desperate. We hope you’re able to find a payday loan store open on Sunday.