Borrow $2,500 Loans Today With Instant On-Screen Approval - Apply Online Now!
What is Dime Alley’s 3-Step Process to Borrow $2,500?
Step 1: Apply Online with our 5-minute form
Step 2: Get Instant On-Screen Approval
Step 3: Receive your $2,500
Quick and Easy
Dime Alley guarantee that both the application process and the process to receive your $2,500 is super easy and quick – the online application takes less than 5 mins!
We only work with legitimate lenders, making sure you are being offered fair rates.
No Impact On Credit
Through our soft search service, we assess your application and credit history without it impacting your credit score or leaving a footprint!
What Is The Eligibility Criteria For Applying For A $2,500 Loan?
You can apply for a $2,500 loan with us as long as you meet these following four requirements:
- Are over 18 years of age
- Have American citizenship
- Have a minimum monthly income of $800
- Have a current account for us to deposit funds into
If I Have Bad Credit, Can I Apply For A $2,500 Loan?
Even if you have a rocky credit history, you can apply for a $2,500 loan with Dime Alley!
Our trusted panel of lenders lend to borrowers with all kinds of financial records. They aim to provide you with the best available rates to you and help you where they can.
In fact, if you borrow $2,500 and pay it off according to the terms of your agreement, your credit history could be improved. This can make it easier to secure loans in the future should you need them.
How Fast Can I Receive My $2,500 Loan?
You could have your $2,500 in your account the very same day you apply for it.
When we receive your application, we connect it with one of our regulated lenders who we deem a good fit for you. We aim to find you a match within 24 hours.
Can I Get a $2,500 Loan Near Me?
We provide loans in all of the 37 states which approve payday loans. These include California, Texas and Nevada.
In some of the states we operate in, we are limited by legislation on how much we can lend. In some states, the interest on loans are limited, such as in South Dakota.
We don’t operate in the states where payday loans are not authorized, such as New York.
How Do I Repay My $2,500 Loan?
Repayments on your $2,500 loan will be withdrawn from your checking account on the same day every month until you have paid off the loan and accompanying interest.
You and your lender will agree on this date together, but most opt to choose their pay day.
Payments are made in equal amounts and you have the ability to pay your loan off early if you want to.
How Much Do $2500 Loans Cost?
Strong credit: Borrow $2,500 over 3 years, total interest paid $489.29, total $2,989.29, based on APR of 12%
Fair credit: $2,500 loans repaid over 3 years, total interest paid $844.72, total $3,344.72, based on APR of 20%
Poor Credit: Borrow $2,500 repaid over 3 years, total interest paid $1,622.34, total $4,122.34, based on APR of 36%
- Can I get a $2,500 Loan with Bad Credit?
- Can I Get a Loan with No Credit Check?
- What is the Price Cap on my $2,500 Loan?
- What is the Repayment Period on my $2,500 Loan?
- Am I Charged a Fee for using Dime Alley?
- Is Dime Alley a Broker?
If you have a bad credit score, don’t worry – you can still get a $2,500 loan!
With Dime Alley, all credit histories are accepted. This means that you should still request a payday loan with us even if you have already been turned down by a bank because of bad credit.
Dime Alley will consider those looking for no credit check loans, but note that a credit check is usually carried out for all customers.
Different states have different price cap regulations, so the answer to this completely varies upon where you live.
For example, in some states such as Colorado and Illinois, the price cap is set at 36%, whereas in Idaho and Nevada, the regulation is more lenient.
Customers can repay over 1 month to 60 months (or equal to 5 years) – this will depend on whether you prefer the payday option which may be just a few weeks or months, or the longer installment option which can be several years to stretch out your repayments.
Payments are usually made in equal monthly installments from the bank account you choose and you always have the option to repay early if you would like to do so.
No! We will never charge fees for using our service.
Instead, we take a fee or commission from the lender if your application is approved and successful. The lenders will charge a daily or monthly interest if your loan is active and this will be presented to you in writing before you proceed.
Yes! Dime Alley is a broker, meaning that if you’re approved, we don’t provide the funds for your loan directly. Instead, we connect you to a lender best suited to your situation from our trusted panel.
Do not worry though, your information is completely secure and will not be sent or shared with any other companies or third parties and we certainly will not charge you anything for using our service.