Direct Lenders Like SpotLoan & Similar Loans

Spot Loan

The number of direct lenders like SpotLoan is huge. They offer customers to access funding fast without the drawn-out process that is common for bank loans. 

In case of emergency expenses, you can take a loan like SpotLoan offers. No need to fill out a lengthy application. Better yet, no need to have stellar credit scores or a high income. A normal stable job is enough to qualify for a SpotLoan-like loan of up to $800 by the next day.

Sure thing, no loan comes without interest rates. So, if you’re looking for loans like SpotLoan, there’s never a bad idea to know your options. 

Quite the contrary. If you have good credit or want a larger loan amount, you should explore other lenders similar to SpotLoan. 

Even if you had a positive experience with SpotLoan before, check out what alternative direct lenders like Spot Loan can offer you.


OppLoans makes our list of lenders like SpotLoan today. 

This online platform operates in 37 states, including the District of Columbia. Since 2012, it offers unsecured installment loans for bad credit borrowers. The possibility to get loans like OppLoans within 1-2 days and the option to change the payment date are among the benefits. 

Yet, when it comes to downsides, high rates and short maximum repayment terms are one of those.

Companies like SpotLoan or OppLoans are a great option for those who are strapped for cash. 

How much can you get? From $500 to $4,000. The beauty of installment loans like SpotLoan or OppLoans is that no credit check is needed. Simply put, if you’re on the lookout for an alternative to payday loans, it makes sense to consider this option. 

If the borrower’s ability to repay the loan is risky, OppLoans encourages a person to seek cheaper options.

Anyway, no matter the purpose of your loan – urgent bills, auto repairs, wedding, or a big-ticket purchase – OppLoans could be right for your needs. Sure, cheaper alternatives are not always fast or convenient, yet it makes sense to do research.

LendUp loans

LendUp is the other direct lender that offers payday and installment loans similar to SpotLoan. 

If you’ve found yourself in a bind and need cash quickly, LendUp can be right for you. 

Are you a first-time borrower? Then you can qualify for a loan between $100 and $250. Need more money? LendUp offers loans between $500 to $5,000. 

Also, it offers a wide range of payback terms with no prepayment penalties. High-interest rates and availability in only 24 states are among the cons.

The coolest thing about LendUp is that it encourages a borrower to strive for a better financial future. Thus, you can earn points for taking financial literacy courses or making timely payments. As a result, you move up the Ladder to better financial products at better rates. 

Yet, once you’ve reached the Platinum level, LendUp reports your credit to the three major credit bureaus. As such, it’s not a good option if you want to build your credit.

To qualify for a loan, you can have even a thin credit file or a damaged one. The company claims that good credit is not a must. 

Need quick cash before your next paycheck? This SpotLoan competitor offers funding in as little as one business day. If your credit is strong enough, it makes sense to consider other borrowing alternatives.

CashNetUSA loans

When on the lookout for sites like SpotLoan, CashNetUSA is worth your attention.

It provides payday loans, installment loans, and even lines of credit in only 29 states. Thus, if you’re in a money glitch, this leading state-licensed lender has offered fast funding since 2004. No wonder it has become a high alternative for customers trying to handle major financial emergencies.

To apply for a loan, it’s enough to meet all eligibility criteria. CashNetUSA offers a minimum loan amount of $100 and up to $1,500. The application process is fast and convenient, allowing you to get your funding within 24 hours. There are never any hidden fees, and that’s also a benefit.

Have bad credit? The good news is that there’s no minimum credit score listed, so someone with bad credit is able to qualify for a loan, too.

At the end of the day, the company’s APR tends to be higher than what other loan companies like SpotLoan offer. Also, the lender charges a fee for the cash borrowed. To add, CashNetUSA provides interactive tools and educational resources. 

Not sure if this SpotLoan competitor is right for you? Check out for more alternatives.

RISE Credit
RiseCredit loans

Although RISE Credit comes with high interest rates, it could be an option for you. This lender is a good variant for borrowers who are unable to qualify for a loan elsewhere. 

The beauty of this online lender is that it offers a progressive rate system. Once a borrower makes on-time payments over time, his credit improves. Also, RISE Credit provides personal loans and a variety of other financial services.

Face unexpected expenses but been rejected by other lenders? RISE Credit accepts even borrowers with poor credit. Yet, get ready for high APR from 50% up to 299%. 

The good news is that RISE Credit doesn’t charge application or prepayment fees. Thus, you can qualify for a loan from $500 to $5,000 and pay it back over four to 26 months. Sure, the terms and APR vary from state to state. 

Important to note that if you plan to build credit, this SpotLoan-like company is not a good idea. Unless you’ve ruled out all the alternatives, RISE Credit could help you get cash in an emergency.

Speedy Cash
SpeedyCash loan

Need a financial boost? SpeedyCash could be the one-stop solution for you. It’s the other online lender that works the same quickly and easily as the other lenders that offer loans like Spot Loan. It lets customers not only apply for new loans but also manage existing ones.

So, what can you get from SpeedyCash? Quick and easy way to get funding even with bad credit. Thus, you can qualify for a $100-$15,000 loan to cover your unexpected expenses, medical bills, and the like. 

Also, the lender offers a number of financial services that you can use both online and in its physical store. Today, SpeedyCash works in almost 20 states and provides flexible repayment options, including loan refinancing.

To add, this SpotLoan-like lender lets you cancel the credit within a 24 grace period. If you succeed, you won’t pay any fees. Otherwise, you might come across some charges. 

Anyway, getting financing from SpeedyCash is easy. But first, it makes sense to learn the rules of the company. Thus, you’ll skip unexpected problems.

Personal Loans

Unlike all the above-mentioned companies similar to SpotLoan, PersonalLoans is not a direct lender. 

Launched in 2017, this online platform works as a convenient place to obtain a personal loan through a reliable network of lenders. Once you land on its website, there’s a pool of online lenders ready to work with you. It would be a great choice for those who can’t choose the lender.

So, how does it work? The company serves as a connection between a lender and a borrower. As such, you fill in the request form, including a loan amount, credit type, and income information, and get connected with the potential lender.

If you’re looking for an easy way to cope with financial problems, PersonalLoans could be the solution. As a result, you save time and get a loan offer from a lender like SpotLoan even with bad credit. Indeed, the loan requirements depend on the lender and the loan type you choose.

Cash Advance

Want to borrow money through CashAdvance? Well, here’s what to consider before you apply.

First, it’s an online lending network that works with a huge number of lenders. Second, it lets anyone qualify for a loan. Finally, it’s a great place for people in need of emergency financing. Yet, there are downsides you should know before applying.

CashAdvance is not available in all states, so make sure it can serve you in your state. Also, the loan amounts and terms vary. In general, you can opt for a loan between $100 and $999 and repay it within 7 or 60 days. 

As you see, CashAdvance isn’t a great match for a long-term solution to your financial situation. When it comes to the APR, its rates range from 15% to 1,564%, which is huge. 

So, which option will work for you?

All in all, the list of alternative lenders like SpotLoan is long enough. No matter what option you’ll end up with, it’s always smart to review the offers and compare the rates of several lenders. Don’t sign the agreement until you’re sure of your choice.

Leave a Reply

Your email address will not be published. Required fields are marked *