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Database of Direct Payday Loan Lenders & Direct Installment Lenders – Updated 9-21-2016
One of the largest direct payday lenders in the country and they never perform a credit check. They just added a new online application process where you’re now twice as likely to be approved for a loan. They claim you get an instant approval response within four minutes of completing your application. You need an active checking account (no pre-paid account or savings account) to be approved for a loan and you can’t have any outstanding payday loans. At this time, MyPaydayLoan funds loans in all states EXCEPT Arizona, Colorado, Connecticut, Florida, Georgia, Illinois, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, New York, New Jersey, North Carolina, Oregon, Pennsylvania, Utah, Virginia, Washington, West Virginia & Wisconsin.
Max Loan: $1000
This company offers online payday loans and direct installment loans throughout the country. They’re currently processing loans entirely online & no faxing or credit check is necessary. In order to be approved for an online loan you must have a checking account, no savings or prepaid account. Assuming you qualify for an online payday loan, you’ll have the option of next day cash or same day bank wire. They work with consumers in all states EXCEPT: Arizona, Arkansas, Connecticut, Georgia, Maine, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, and West Virginia.
Check Into Cash
Check Into Cash may be the largest direct payday lender in the country. They have a highly rated online application system and claim that you’ll have an approval decision within 5 minutes. They also give you the option of picking up your cash that same day from any of their retail locations. Check Into Cash is ONLY issuing payday loans to consumers who live in: Alabama, Alaska, California, Idaho, Indiana, Hawaii, Kansas, Louisiana, Mississippi, Missouri, Nevada, Ohio, Oklahoma, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming.
One of the largest direct payday lenders in the nation with over 4 million loans issued to consumers with bad to average credit. Currently offering both online direct payday loans and online installment loans. Use promo code NEWCASH25 for 25% off all loan fees through October! CashnetUSA is ONLY offering online loans to consumers who live in: Alaska, Alabama, California, Florida, Hawaii, Idaho, Illinois, Kansas, Louisiana, Maryland, Michigan, Minnesota, Missouri, Mississippi, New Mexico, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, Washington, Virginia, and Wisconsin.
Check n Go
Check n Go is a longstanding nationwide lender that specializes in payday loans for residents in California, Texas and Ohio. Their payday loan rates and terms very in each of these 3 states so be sure to check their individual state rate pages before applying. Check n Go also funds online installment loans in Ohio and California of up to $5000. Check n Go has over 400 retail locations in those three states alone!
If you’re having trouble qualifying with the direct payday lenders listed here you may want to apply with Online Loan Network. They have one of the largest networks of online payday lenders and direct installment lenders. They can usually qualify anyone regardless of credit score, Chexsystems status, or work history. They may be able to qualify you for a loan even if you have active payday loans outstanding. Upon approval they will typically deposit cash into your account as soon as the next business day. They offer online loans of up to $2,500 in all states EXCEPT: Arkansas, Georgia, New York and West Virginia.
New direct lender offering personal installment loans with instant eligibility decisions through their online application process. You can borrow $1,000 to $10,000 and there are no borrowing limits for first time customers. Lastly, you’re able to repay your loan in fixed payments over a certain amount of time and build your credit history as well. At this time, Net Credit is ONLY issuing direct personal loans to consumers in: Alabama, California, Delaware, Idaho, Georgia, Missouri, New Mexico, North Dakota, South Carolina, Utah, Virginia & Wisconsin.
Blue Trust Loans
Blue Trust is the newest company to be added our database of online lenders. As of early 2016 they offer online personal loans of up to $1250 in nearly every state. These loans will typically have a payoff time of approximately 6 months and there is no pre-payment penalty. To qualify for a loan you must have an active checking account with verifiable direct deposit income of at least $2,000 a month. They fund loans in every state EXCEPT: Connecticut, Georgia, Massachusetts, Minnesota, New York, Pennsylvania, Washington, West Virginia and Wisconsin.
OneClickLoan is a large company that claims to have serviced well over one million consumers since 1997. They’re currently offering online payday loans in 40+ states. They have a quick online approval process that does not require any type of faxing or bank verification. They also have a same day cash in hand option if you qualify for a payday loan. They work with consumers in every state EXCEPT: Arizona, Georgia, New York, Oregon, Washington & West Virginia.
Currently offering online direct payday loans & installment loans online and they also have hundreds of locations throughout the country. Very reputable payday loan direct lender with an easy application process. They accept online applications 24/7 and give an automated decision in five minutes. As of June, Check City is ONLY offering direct lender payday loans to consumers who live in: Nevada and Utah. We’ll let you know when they bring back more states.
National Payday has been around for years and is currently one of the largest direct payday lenders in the country. They lend in nearly every state and have been offering online payday loans since 2000. National Payday currently has a high approval rate with low interest rates compared to other online direct payday lenders. They offer next day cash as well as same day wire options if you qualify for a direct cash advance loan.
Brand new direct lender with a 5 minute online application process. LendUp is different than most direct payday lenders. They let you choose your loan amount as well as your repayment date. They will generally approve consumers who have bad credit or no credit at all. Lastly, LendUp may be able to send cash to your bank account that same day if you qualify for an online payday loan! At this time, LendUp is ONLY issuing loans to consumers who live in: Alabama, Florida, Illinois, Kansas, Louisiana, Mississippi, Missouri, New Mexico, Oklahoma, Oregon, Tennessee, Utah, Washington & Wisconsin.
Do you need more than what a traditional payday loan direct lender can provide? Or, are you worried you’ll be denied if a lender checks your credit? If so you may want to apply for an online payday loan with LoanSolo. They work directly with 200+ direct lenders that offer payday loans and installment loans. They can typically qualify you for an online loan of anywhere from $250 to $2,000 and they claim most lenders won’t perform standard credit checks. If you have poor credit(below 640) they may be able to qualify you for a loan of $200-$500.
Payday Loan Today
They’re a large payday loan direct lender that’s been processing online direct payday loans for years. They have an instant approval process that tells you in seconds if you’re qualified for a $500 direct payday loan with a due date of up to 30 days out. Assuming you submit and qualify for a loan by 3pm PST, they’ll process and fund your cash advance that same day. Use promo code “200 Fee Free” for no fees on a payday loan of up to $200. Due to increased regulations, Payday Loan Today is ONLY issuing direct lender payday loans in: Florida, Minnesota, Oklahoma, and Washington.
1 Hour Loans USA
1 Hour Loans is a large online company that provides payday loans and direct installment loans to consumers in 44 states. They claim to have an online approval process that takes less than five minutes to complete. You must have an active checking account, be a US citizen that’s at least 21 years old and have a monthly income of at least $1000 a month to be approved for a direct payday loan. They work with consumers in all states EXCEPT: Georgia New York, Pennsylvania, Virginia, and West Virginia.
Upstart offers high dollar personal loans in all 50 states. They let you pay off your loan over 4-25 months instead of in just a few weeks. They also promise no prepayment penalty, next day cash in hand, and a 5 minute application process. Lastly, Upstart claims that interest rates on their loans are 30% lower than those of other lenders. Currently offering loans from $3,000 to $35,000 with APR starting at 5.7%. You credit score plays a large part in their approval process so you’ll probably need a score of at least 700 to be approved.
Loan by Phone
LoanbyPhone is relatively new online lender that offers 2 to 4 week direct payday loans all throughout the country. They claim to have a 5 minute online application process with an approval process that lasts less than 1 minute. They also have a 24 hour call center available in order to expedite your approval process. At this time, LoanbyPhone is ONLY issuing direct lender payday loans to consumers who live in: Alaska, Hawaii, Indiana, Kansas, Louisiana, Michigan, Mississippi, Missouri, Nevada, Ohio, Oklahoma, Utah, Washington, and Wisconsin.
One of the largest online loan lenders in the country that’s also offering direct installment loans as of a few months ago. They have a 24/7 online application process that will let you know instantly if you’re approved or not. At this time, Cash Central is ONLY issuing payday loans direct lenders in: Alabama, Alaska, Hawaii, Idaho, Louisiana, Kansas, Minnesota, Mississippi, New Mexico, Oklahoma, Rhode Island and South Carolina.
Lending Club bills itself as the world’s largest online lending marketplace and they claim to have funded well over $10 billion worth of loans in just the past few years. They offer online personal loans as well as small business loans for well qualified individuals. Most consumers will need a credit score of at least 680 to be approved for a personal loan. To be approved for a small business loan you’ll need to show a 2 year business history with at least 75k in annual sales.
Do you need cash fast? Were you turned down for a payday loan? Even if you have bad credit, an Auto Title Loan may be a good option for you. LoanMart is the largest provider of online auto title loans. They can get you cash while using your vehicle as collateral. Here are some reasons why you should choose a title loan from LoanMart:
•More money than a direct payday loan & bad credit is no problem
•Repay the loan early with no extra penalty fees
•Get money today and keep driving your vehicle
**Online Title Loans are offered in all states except Connecticut, Oklahoma, New Jersey & New York**
You will need a paid off vehicle with less than 150,000 miles to be approved for a loan. Check them out to get the process started: LoanMart
More direct lender payday loans are added to our database all the time!
Check back often for new lenders that offer online payday loans and online installment loans! With increased state and federal regulations we’ve had to remove a few payday loan direct lender companies that had been offering online loans for years. These companies that fund direct lender payday loans made a decision to halt lending for the time being instead of dealing with increased government regulation and online scrutiny of short-term lenders. With that being said, many of the large direct payday loan lenders should start lending again by the end of spring at the latest. We also expect to see a few new payday loan direct lender sites to come on board as we move through the first half of 2017. We’re already starting to see some new installment lenders offering loans to consumers that wouldn’t have been eligible just a few months ago. With many online direct payday lenders now issuing loans in limited states we’ve tried to list those specific states that they’re currently offering online loans in. We’ve listed these states to make things easier on our visitors. As you can probably tell, it can be very difficult to get direct lender payday loans in states like New York or Maryland, while it’s much easier to get a payday loan in states like Texas and California. This is a result of some states being more or less aggressive in how they regulate online lenders. Please understand, these states change constantly depending on the specific lender. Feel free to email us if you know of any direct payday lenders or large state specific lenders that aren’t included in our list. Also, please let us know if our list of payday loans direct lenders only includes any companies that are in fact not direct payday lenders.
Search online for any payday loan related term & you’ll get bombarded with dozens of companies that claim to offer direct payday loans. However, most of these companies are not legitimate direct payday loan lenders. These companies simply operate as a payday loan matching service. These online marketing sites claim they will match your personal & banking information with direct lenders. In all likelihood they will sell your information to other companies that may not even offer direct payday loans! You’re left with your time wasted and usually you’re no closer to your goal of finding an online direct payday loan lender.
Our database is constantly updated. Feel free to use our list of payday loans from direct lenders today!
There are currently dozens of lenders that fund payday loans direct lenders across the country. These lenders are actively taking online applications from consumers in need of a short term loan! At Direct-Payday.com we will help you find the best direct lender for your financial needs. Many consumers end up at our site after searching for terms such as, direct payday lenders or payday loans online. No matter what type of direct short term loan you’re looking for, we’re confident that our site will be the first and last site you use while searching for companies that offer direct online loans! Our goal is to list all the direct online lenders that offer short term payday loans & online installment loans in the United States. We intend to make this database the most comprehensive list available of direct payday lenders. The laws that regulate direct payday loan lenders are always changing. Please let us know if a lender listed on our site is no longer offering loans or if you know of a payday loan lender that’s not listed on our site. Payday Lenders will be added or removed every we days and we will continue to update this list as often as possible.
Payday loan laws and regulations are constantly changing. If you notice any errors or know of site that offers payday loans from direct lenders not listed below then feel free to email us at firstname.lastname@example.org. In addition to hosting a database of payday loans from direct lenders we always have numerous other resources available for consumers that may be looking for information regarding online loans. For instance, we have a resources page that lists helpful links and information about all things related to short term lending. One of our most popular pages is our regulations and rules page that details the latest updates and changes regarding short term lending laws. Not only does this page cover rules and regulations on a national basis, but it also has a broad overview of each respective state’s lending rules. Please take some time to explore out site and discover our many different lending related resources. Of course, or list of online lenders attracts many consumers but you should always due your due diligence and check out our payday loan resources as well. Especially if you’re on the fence about whether or not you need a payday loan or installment loan! Sometimes you may need to apply with more than one lender if you have bad credit or if you don’t meet the qualifications of some direct payday lenders. Remember, direct payday loans should only be used for short term cash emergencies & only when you’ve exhausted your other financial options. There are countless stories online of consumers that took out a direct payday loan with no intention of paying it back in full on the day it was due. Don’t do that. You’re not only going to be late on your payday loan but your loan will also roll over and you’ll be forced to pay back much more than what you borrowed. Make sure you can pay back your online loan in full when it comes due! You don’t want to get stuck in a cycle of payday loans direct lenders only that you can’t dig yourself out of.
Direct Lender Payday Loans Online – FAQ
Who is Direct Payday Loan Lenders (Direct-Payday.com)?
We are an internet-based consumer advocacy organization. We specialize in helping consumers find direct lender payday loans even if they have less-than-perfect credit. We urge consumers to use our website in order to learn more about online payday loans in general. For example, check out our direct payday loan state regulations if you need info on what types of loans are applicable in your state. Also we strive to give our readers information and feedback on the direct payday lenders listed in our database here. We’re constantly adding new information and resources so bookmark our site and check beck often!
What is a short term loan/cash advance?
A short term loan otherwise known as a cash advance is intended to be short term cash infusion without any type of long term obligation on the consumer’s part. These types of loans are also known as online payday loans and direct lender payday loans, just to name a few.
What is a payday loan direct lender? I see that term used all throughout your site
A payday loan direct lender is a hard cash lender that cuts out the middle man. Most direct payday lenders offer cash short term loans to consumers who have no other source of emergency funds. Online payday loans direct lenders are different from payday loan companies and payday loan brokers. When you work with a direct payday lender you’re only working with that company as opposed to many companies if you work with a payday loan marketing or broker service.
In which states do you operate?
We don’t lend money. We don’t recommend any specific direct payday lenders. With that being said, most states have specific rules and regulations regarding who can operate in their respective state. It’s a good bet that you’ll be able to find at least one or two lenders that offers direct payday loans, auto title loans or installment loans in your state.
Is it better to get a direct payday loan from a retail store on online?
Most of the large direct payday lenders we list in our database have retail store-fronts as well as online systems where you can fill out an application. There’s really no difference in getting a loan online or in person from these large payday loans direct lenders. Sometimes if you go to a storefront you may be able to get your money in real time as opposed to waiting the next day with an online payday loan direct lender.
Why should I chose a payday loan over other alternatives?
There may in fact be other alternatives available to you that are better than a payday loan. For example, a bank loan, credit card cash advance or loan from a family member may be a better alternative. However, if you need emergency cash and have no other alternatives then a direct payday loan may be your best option.
Are online payday loans legal in all 50 states?
Payday loans are not legal in all 50 states. At this time payday loans are banned in 13 states. That doesn’t mean all forms of lending are banned in those 13 states. Some of them allow installment loans or other types of longer term loans. It’s best that you speak with an attorney to determine the validity of any type of short term loan in the state you reside in.
Where can I get more information on how payday loans direct lenders work?
Direct Payday Loans and Direct installment loans don’t need to be complicated but many companies make then very difficult to understand. If you’re looking for more information on how direct payday lenders and direct installment lenders operate we’d recommend that you view our Payday Loans Resource page.
Do you list companies that offer auto title loans?
At this time we only list one direct auto title lender. Unlike large direct payday lenders there are only a few direct auto title lenders that lend to most of the country. Eventually we plan on listing more companies that lend money based on the amount of equity you have in your vehicle.
Do you list companies that offer online flex loans?
Yes. Flex loans are much like installment loans. With a flex loan you’re able to get a high dollar loan for a longer term when compared to a payday loan. Flex loans are typically structured for a set amount of months and you can pay them off early with no pre-payment penalty.
Do any of the payday loan lenders or installment lenders listed here report my payment history to the credit bureaus?
Most direct payday lenders will not report your monthly payment history to the credit bureaus while most installment lenders will report your info. Taking out an installment loan can be beneficial if you’re trying to rebuild your credit as you can make on-time monthly payments and bump up your credit score with each payment. Each lender is different so check with them to see if they report your monthly. payments
What is the online payday loan application process in my state?
It really depends on the state you currently live in. Some states don’t allow direct payday lenders, such as New York and Pennsylvania. Some states will require you to send certain documents before approval such as payday stubs and direct deposit verification. We recommend that you check out our State by State Rules & Regulations page for more information.
Do any of these direct lenders of payday loans offer discounts or promo codes if I get approved for a loan?
Yes. Every so often these direct payday lenders will have promotions or fee reductions. Also many lenders will have promo codes around the holiday season. Check out or list of lenders for the most recent updates.
What if I have bad credit or a recent bankruptcy?
Direct payday loans & Installment loans are intended to serve a need for someone with bad credit. That’s why interest rates are so high! Most consumers will qualify for some type of loan assuming they have an income of at least $800 a month with an active checking account. Some direct payday lenders will even approve your application if you have a Chexsystems hold as well.
How many payday loans can I have at any given time?
This all depends on the state you live in. We have a state resource guide that breaks down these restrictions here. With that being said some direct payday lenders will run your information through non traditional credit checks to determine how many payday loans you have outstanding. Generally, most of the well known payday loans direct lenders will deny you for a loan if you have 2 or 3 loans outstanding when you apply.
How do I know my payday loan application is secure once I leave your site?
We have no control of your lender application once you leave our site. Once you leave our site you’ll want to make sure that your prospective lender uses 128 bit encryption. Only fill out an application that comes from a secured site. You may also want to check and see if your payday loan direct lender is a member of the Online Lenders Alliance.
How are direct payday lenders and direct installment lenders regulated?
Most states regulate how the payday loan and installment loan industry can operate in their specific state. On a Federal level the Consumer Financial Protection Bureau has recently started regulating the payday loan and installment loan industries. You’ll also want to make sure that any lender you work with follows all industry best practices standards.
What’s the difference between direct payday lenders and direct installment lenders?
Installment loans will usually have fixed monthly payments and have payoff times much longer than traditional payday loans. Also, direct installment loans usually have higher loan amounts. These amounts are generally in the thousands versus direct payday loans which are usually in the hundreds.
Can I still qualify for a direct payday loan if I recently filed bankruptcy?
Yes, most payday loans direct lenders don’t take this into consideration will you apply for a loan. You may be disqualified for an installment loan if you have a bankruptcy on your record but it shouldn’t matter with most direct payday lenders.
What time of the day can I apply for a direct payday loan with any sites that are listed in your database?
Most direct payday lenders will authorize and approve your application 24 hours a day/7 days a week. Many lenders are setup as online only. That means there is no faxing or in person meetings necessary.
What if I get a direct lender payday loan but change my mind a few days after?
Before you sign off on direct lender payday loans you’ll want to make sure your lender specifies what happens in this specific situation. Usually most direct payday lenders will abide by state laws as well as industry best practices regarding loan rescission.
I see terms like payday loans direct lenders and direct lender payday loans are used quite often on the site. Why is that? Aren’t all types of online payday loans the same?
Yes, payday loans are no different than direct lender payday loans and payday loans direct lenders, these are all forms of short term loans that are available either online or offline. We use these terms because some consumers may know what payday loans direct lenders are but they may not know what a cash advance is. They’re pretty much all the same, we just want to get across the fact that we’re often referring to payday loans from a direct funder.
Are there any processing fees or application fees incurred when I take out a direct lender payday loan?
This all depends on the individual payday loan direct lender you go with. Some lenders may charge a fee but some lenders may not. It ultimately depends on the state you live in as many states have rules governing this practice.
What are the minimum requirements to get an online direct lender payday loan?
There are a few basic requirements that most direct payday lenders require to fund a loan. You need to be 18 years old, Have income of at least $1,000 a month, and not be a regular/reserve member or dependent of the military. Some lenders have other specific requirements as well.
So, if I’m in the military I can’t qualify for a direct payday loan?
That’s correct. The federal government and Department of Defense have strict rules when it comes to lending to active duty military. You must declare if you’re active duty military or not when applying for a direct payday loan. We recommend visiting militaryonesource.com if you’d like more information on lending options available to the military.
Can I use a co-signer when applying for direct lender payday loans?
It really depends on the individual lender. Most payday loans direct lenders will let you have a co-signer, but that also makes the co-signer responsible for your loan. Be sure to ask about this when applying for a loan.
Can I apply for a direct payday loan if I’m a debtor in a bankruptcy case?
Most likely no. Many direct payday lenders will frown on lending someone money that’s currently discharging their debts through bankruptcy. There may be exceptions to this rule that we don’t know about but it’s not likely. As always you should ask your attorney and your prospective lender if you want more information.
How quickly will I know that my loan application from a payday loan direct lender was approved or denied?
Most direct payday lenders are very quick in processing loan apps and the larger direct payday lenders will have an automated 24/7 approval process. You’ll usually know within a few minutes of submitting your information.
How much am I allowed to borrow from a payday loans direct lender or direct installment lender?
The amount of money your allowed to borrow depends on the state you reside in. Also all online payday loans direct lenders have specific amounts they’ll lend to first time consumers and returning clients. It can range from $250-$5,000.
Why am I being declined for most direct lender payday loans and direct installment loans?
The decision made by a direct lender to lend you money is based on info you submitted when you applied for the initial payday loan. The decision to lend is sometimes based on a review of your credit history. This does not necessarily mean the lender checked your credit report. A decline can usually be attributed to a Chexsystems report. Also, you may be declined because you reside in a state the lender doesn’t operate in. Be sure to check out our payday loan regulations page for the latest information regarding payday loan laws and news in each state.
Does it cost anything to apply for an online payday loan or installment loan with any company listed in your database?
Not at all. Direct-payday.com is not a direct payday lender and we only host this site to help consumers find the best direct payday lender(s). You won’t be charged anything unless you qualify for a payday loan and move forward with signing of on the loan. If you come across a company that’s asking you to give them money to apply for a loan you should know that’s a huge red flag.
How can I get the money that’s being loaned to me by payday loans direct lenders?
You have a few options depending on how the lender operates. If they’re strictly an online cash advance lender you’ll be able to get your money the next day through a bank wire. If your lender has a physical presence in the state you may be able to get the cash within less than an hour. More and more direct payday lenders are utilizing the same day cash option.
What if I don’t have a savings account or checking account?
This can make it tricky to get a payday loan as most direct payday lenders want to be assured they’ll get their money back. Some of the larger direct payday lenders have physical storefronts where you can possibly work something out face to face with them. Be sure to ask your lender if there is anyway around this.
Will most payday loan lenders check my credit report or credit score?
Not at all. These payday loans are designed for people with bad to poor credit and oftentimes your lender will approve a payday loan if you have a checking account, no loans outstanding, and if you make at least 1,000 a month. Some firms that provide direct lender payday loans will have their own credit lookup services, but this is typically unique to each company.
Do I need to fax or mail in any payment stubs or banking information?
Most likely this won’t be necessary. Many of the direct payday lenders listed in our database operate as fax-less online company that provides direct lender payday loans. Everything can be done in real-time within a few minutes. Some direct lenders payday loans may require a paystub or bank info sheet but it really depends on the state you reside in.
How long does it usually take to be approved by a direct installment loan lender?
Much like the direct payday lenders listed on our site it usually depends on which installment lender you end up going with. However, it may take a bit longer to be approved by a direct installment lender. Reason being, installment loans are usually higher dollar amount loans compared to payday loans. This means the individual direct lender may take longer to verify your personal and credit information.
Will direct-payday.com keep my personal information secure?
Remember, we’re not a direct lender of payday loans. Were not even a payday loan matching service. At no time do we ask for or require any of your personal information or information related to your financial history. We simply host a database of direct lender payday loans and direct installment lenders. Once you exit our site and land on a direct payday lenders site you’ll want to be sure that company has a plan in place to safeguard your personal information.
Is there a pre-payment penalty if I pay off an installment loan early?
A: It will probably be best to check with your individual direct installment lender regarding this question. Most direct payday lenders and installment lenders will not charge a pre-payment penalty for early payoff but there could be exceptions to this. Be sure to check with your direct lender before you sign off on the loan!
Can I repay my payday loan early and would this affect my finance charges?
Yes, you can pay your loan early. There should never be a prepayment penalty assed to you by online payday loans direct lenders. In fact it’s something we always recommend. Remember, direct payday lenders make their money by stringing you along weeks at a time. A direct payday loan should only be viewed as a short term loan. Do all you can to pay it off as soon as possible. Also some states require you to be eligible for a partial refund of your interest charges if you pay off a direct lender payday loan only.