For the slow market Saturday
One form, not four tabs
Your request reaches lenders in our network from one place.
Tried the payday loan alternatives and still short
One request for $100 to $5,000
eFundingFlow is not a lender. One form reaches lenders in our network, and you read any offer before you decide.
- Free to request, no obligation to accept
- Checking your options won't affect your credit score
- Cheaper routes listed below, with their sources
eFundingFlowOne request, many lenders
Choose an amount to begin. It is free to ask.
$100 to $5,000Request range
Next business dayAs soon as, if approved
FreeTo request
Sent over an encrypted connection. Checking your options won't affect your credit score.
Where it goes
One request in, one answer back
You fill in one form. eFundingFlow passes it to lenders in its network. If one can make an offer, its terms come back to you on screen. Nobody else decides for you.
- 1You fill in one form, once.
- 2eFundingFlow passes it to lenders in its network.
- 3Lenders review it against their own rules.
- 4If one can offer, its terms show on screen.
- 5You read, then accept or walk away.
eFundingFlow is not a lender. It does not make credit decisions, set rates or promise that any lender will reply. Timing is up to each lender.
Built for uneven weeks
When the side business has a slow week
For the order that pays next month
No charge to ask a stream of lenders
No fee to send a request and no obligation to take an offer.
For the week the cart needs a wheel
Checking leaves your score alone
Checking your options won't affect your credit score. A lender may check later if you go ahead.
For the chair that sat empty all week
Terms before any yes
If a lender can offer, you see the cost first and decide.
Many streams, one request.
Try the cheaper routes first, and read every offer before you say yes
Payday loan alternatives
Try these first, cheapest at the top
Public guides from the CFPB and the NCUA list these routes. Each rung names its source. The order is a rough guide to cost, not a rule for your situation.
- Often little or no cost
- Some interest or fees
- The highest cost here
On active duty? The NCUA guide also points to service relief and military welfare societies.
- Rung 1
Ask the company you owe for more time
A later due date or a smaller payment can cost less than any loan.
Source: CFPB and MyCreditUnion.gov - Rung 2
Look for local emergency help
State and local governments, nonprofits and community groups may run emergency programs.
Source: MyCreditUnion.gov and CFPB - Rung 3
Borrow from family or a friend you trust
Agree the amount and the payback date in writing, for both your sakes.
Source: CFPB - Rung 4
Ask your employer about an advance
Some employers offer pay advances or emergency credit. It costs nothing to ask.
Source: CFPB - Rung 5
A credit union Payday Alternative Loan
Federal credit unions may offer PALs of 200 to 1,000 dollars over one to six months, at up to 28% APR, with an application fee of no more than 20 dollars. You need to be a member for at least one month.
Source: MyCreditUnion.gov, from the NCUA - Rung 6
A lower rate credit card
The CFPB puts credit card APRs at about 12% to 30%, far below a typical payday loan.
Source: CFPB - Rung 7
A short term loan request, which is this form
If the rungs above do not cover it, eFundingFlow sends one request for $100 to $5,000 to lenders in its network. Short term loans can cost far more than the routes above.
Cost source: CFPB, see the example below
What a payday loan costs
One worked example, before you ask
This example comes from the CFPB. It is an illustration, not a quote from any lender in our network.
Example from the CFPB
You borrow, due in about two weeks300 dollars
Fee at 15 dollars per $10045 dollars
You pay back345 dollars
Roll it over once and you pay the fee again, still owing345 dollars
Source: CFPB, Should I get a payday loan if I need money nowYour lender sets the real terms. If a lender in our network makes you an offer, read its APR, fees and payback date before you accept. You can always say no.
Questions people search
Straight answers, sources named
What are some alternatives to payday loans?
The CFPB and the NCUA list several: ask the company you owe for more time, look for state or local emergency help, borrow from family or a friend you trust, ask your employer about an advance, a credit union Payday Alternative Loan, or a lower rate credit card. The ladder above puts them in rough order of cost.
What is a payday alternative loan?
A Payday Alternative Loan, or PAL, is a small loan that federal credit unions may offer under NCUA rules. MyCreditUnion.gov says a PAL runs 200 to 1,000 dollars over one to six months, at up to 28% APR, with an application fee of no more than 20 dollars, for members of at least one month.
Which credit unions offer payday alternative loans?
Not every credit union does. Federal credit unions are allowed to offer PALs, and MyCreditUnion.gov notes that many state chartered credit unions offer similar loans. The quickest check is to ask your own credit union, or one you could join. Our guide on joining a credit union to borrow a small amount walks through it.
Is eFundingFlow a lender?
No. eFundingFlow is not a lender and does not make credit decisions, set rates or fund loans. It passes your request for $100 to $5,000 to lenders in its network. If one can make an offer, that lender shows you its terms, and you decide whether to accept.
Does checking my options affect my credit score?
Checking your options won't affect your credit score. If you go ahead with a lender, that lender may verify your details and pull a credit report, which can show on your file. The footer disclosures explain the credit check authorization in full.
How much does a payday loan cost?
The CFPB says fees often run 10 to 30 dollars for every $100 borrowed. With a typical fee of 15 dollars per $100, borrowing 300 dollars for two weeks means paying back 345 dollars, which the CFPB says equals an APR of almost 400 percent. See the worked example.
What happens after I send a request?
Lenders in the network review it against their own rules. If one can make an offer, its terms appear on screen, and you can accept or walk away. Timing is up to each lender; if you are approved, funds may arrive as soon as the next business day.
Plain about what we are
What eFundingFlow does, and what it never does
Where eFundingFlow helps
- Send one request for $100 to $5,000 to lenders in our network
- Show you the cheaper routes to try first, with sources
- Send it over an encrypted connection
- Earn a fee from lenders when we introduce a borrower, as the footer says
Lines eFundingFlow does not cross
- Lend money or decide who is approved
- Charge you to send a request
- Promise an offer, an amount or a date
- Set the rates a lender offers you
Guides
Read more before you borrow
Guide 01Joining a credit union to borrow a small amount
Membership, the one month rule for PALs, and what to ask at the branch.
Guide 02A slow month in a side businessOptions in order when sales dip and the bills do not.
Guide 03Ranking payday loan alternatives by APRWhy APR is the fair way to compare, with figures from the CFPB and the NCUA.
Still short after all that
Go to the formNot a lender. No obligation to accept.Let it all run into one request
$100 to $5,000. Free to ask. You read any offer before you decide.