Viva Loans


How Do Payday Loans Work?

Learn the ins, outs, whats and whys of payday loans.

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16 Days
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Payday loans are fundamentally no different than any other type of loans. The process starts with an application form anda brief screening process followed by the approval of the loan. It terminates when the loan in question is paid back in full, along with other pertinent charges.

How do I apply for a payday loan?

Applying for a payday loan is extremely easy and convenient. To learn more about how you can apply for a suitable payday loan in as few as two steps, please click here.

What happens after I have submitted my application?

Once your application is submitted electronically/physically, it will bechecked and verified. The verification process is carried out in due accordance with all relevant and applicable laws and norms.

Applications are usually reviewed quickly – within an hour two in the majority of cases.As your application is reviewed, you will be notified of the results. Most properly submitted applications are approved at Viva Payday Loans without much hassle.

How do the funds reach me?

As soon as your application is accepted, we will transfer the money to your designated bank account/credit card promptly.

In most cases, the funds will be available to you within one hour of approval!

Is it possible to get the funds transferred to any other bank account than the one I designated in my application?

For security reasons, funds can only be transferred to the designated bank account/credit card.

Can I get the funds directly as cash?

No. The funds can only be made available to you through your bank account/credit card. Once transferred, you can easily withdraw these funds from your bank account/credit card.

Will there be any inadvertent delays in the transfer of funds?

Since the funds are transferred to your bank account/credit card electronically, these transfers are fairly quick. The time it takes for the funds to reach your bank account varies from bank to bank. In almost every case, the funds are transferred within 2 hours of approval. However, some banks may take additional time (usually, the next business day) to make these funds available to you.

Will any information I provide be made public?

All the information that you provide with your application is safe with us and will only be shared with lenders that suit your requirements. You can learn more about our privacy policy here.

Every approved/rejected loan request that you have made will be, however, mentioned in your credit history, in compliance with the applicable laws and norms.

This information is, still, not available for scrutiny to anyone but lenders.

Payday loans

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