3 Best Same Day Loans with Guaranteed Approval for Bad Credit in 2022


Same-day loan borrowers with poor credit may struggle to find a decent loan online; thus, we have researched the major payday lenders to help you in your search. We looked at the lender’s reputation, loan approval time, maximum loan amount, interest rates, and application process to help you choose the best payday loan. Here are our top 3 picks:

1. WeLoans: Are you looking to get instant money? Try WeLoans for the best same day loans!
2. iPaydayLoans: Enjoy iPaydayLoans Fastest Loans for Secured Loans!
3. CocoLoan: Looking for a reliable lender for same day loans? Your quest ends with CocoLoan!

1. WeLoans – Best for Same Day Bad Credit Loans

WeLoans is a great option to handle any unforeseen financial emergency. They offer helpful phrases so you can look around and effortlessly identify the best fit solution. Additionally, Weloans provides a variety of lenders on its platform, making it easy for anyone in need of money to receive assistance.

WeLoans connects you with a variety of lenders who choose to offer you between $50 and $5,000. With this platform, people with bad credit can always apply for payday loans at affordable rates.


  • Even those with bad credit are considered.

  • Your data remains encrypted with WeLoans.

  • Offers flexible terms to borrowers.

The inconvenients

2. iPaydayLoans – Best for Payday Loans with Same Day Approval

By providing your personal information online, you can start the iPaydayLoan loan process and connect with many network lenders. iPaydayLoans often need to be paid off within a few weeks. After reviewing the data you provide, your credit file will be reviewed and your employment status will be confirmed.


You are allowed to take out loans between $50 and $35,000. They can make quick loan judgments in just minutes, and if you’re approved, you can get the loan the next business day.


  • There is no credit requirement to avail loans.

  • Offers instant financing upon approval.

  • The application process is quite simple and straightforward.

The inconvenients

  • Reimbursement times are generally short. Once the loan is taken out, you should immediately prepare to repay it.

  • Interest rates are generally high.

3. CocoLoan – Best for Same Day Loans with Guaranteed Approval

A reputable broker for same day payday loans is CocoLoan. Both the application process and the unsecured loan are available online. If you need money right away, CocoLoans can help you connect with lenders and get payday loans up to $5,000 in as little as five minutes. Also, you don’t have to worry about low credit scores because they offer fast approval without strict credit checks.

Their dedication to providing excellent customer service helps them ensure total security. Additionally, CocoLoan lets you use a variable APR to discover the best interest rates for your application.


  • There are no hidden charges or fees.

  • The platform is safe and secure to use.

  • Funds are transferred to your account almost instantly after getting approved.

The inconvenients


Getting a loan can be a great way to deal with any unexpected emergencies or settle a debt. The ability to receive cash quickly is the most remarkable aspect of same day loans. There are several options available to you and the requirements for most loans are essentially the same. Same-day loans are excellent and incredibly convenient for acquiring cash immediately!

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