How the Golden Valley Lending Payday Loans Alternative Works

We offer a fixed-term installment loan to our customers. With our payday loans alternative, you agree to repay the amount you borrow over an extended period of time in comparison to traditional payday loans. After you’re approved for a loan, you’ll make bi-weekly payments. For added convenience, we can draft payments electronically from your checking account. This automated repayment option eliminates the hassle of having to remember to make payments.

Payments Get Smaller Over the Life of Your Loan

When residents of Arizona are approved for an installment loan with Golden Valley Lending, every payment amount will include both principal and interest. As you pay down your principal balance, the interest-accruing amount lowers as well. This results in each successive payment decreasing, making it easier and easier to repay your loan as the loan term matures.

Why Choose Our Payday Loans Alternative Instead of a Payday Loan?

There are numerous reasons why our installment loan is better than a traditional payday loan. Typically, traditional payday loans require you to pay the entire amount along with interest on your next payday. If your payday arrives and you’re unable to repay, the loan will be rolled over to your next payday, and you’ll be assessed additional fees. With this type of loan, you do not repay your principal until the end of your loan term in what’s called a balloon payment. This can make a payday loan an expensive choice. Also, paying off a payday loan early will not save you any money on interest because the finance charges are included in your final payment.

Our installment loan offers many benefits, including the following:

‌• Principal is paid in each payment

‌• Loans offered from $300 to $1,000

‌• Convenient bi-weekly payments

‌• Easy-to-understand loan terms

‌• No prepayment penalties

After you have been approved and funded, you may be able to access your funds as soon as the following business day. Next day funding is available with an approval before 4:30 Eastern Time, Monday through Friday. We’ll deposit your funds directly into your bank account using an ACH transfer. The application process is simple and easy, and we look at other variables other than just your credit score. Once you have been funded, you’ll be able to access your account information online at any time via the My Account portal.

At Golden Valley Lending, we’re dedicated to helping consumers in Arizona. We emphasize transparency and work closely together with customers. Apply today for our superior payday loans alternative, and you may have access to the funds you need as soon as tomorrow.