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You can borrow up to $35,000 with a payday loan in the United States.

Pheabs can help you find loans from $100 up to $35,000. The amount you are able to borrow does depend on your financial circumstances, income, and affordability. 

How do I know how much I can borrow?

The decision as to how much you can borrow with a payday loan is generally based on your credit rating and any current debt outstanding. This includes payday loans, personal and short-term loans. There’s no need to worry. Even if you don’t have a perfect credit history, we’ll try to help you find a loan to suit your needs.

To find out how much money you can borrow, fill out our free inquiry form. You will get an instant decision on your request, and if you choose to accept the loan, funding can be in your account within 24 hours. Sending an inquiry will not have an impact on your credit score.

What Should I Use A Payday Loan For?

Payday loans are used across the country to help people deal with short-term financial problems. However, your payday loan funds should never be considered a long-term fix to financial hardships. 

Before taking out a loan, you should make sure that you are clear on the consequences if you do not meet your repayments. Please have a look at our guide Are Payday Loans Easy or Hard to Pay Off? to find out more.

If you come across a financial pitfall and need an emergency economic boost, a payday loan could help you get back on track. 


You can also use a payday loan to cover one-off expenses. These may include car repairs, boiler replacements, and hospital or veterinary bills. 


You shouldn’t use payday loans for frivolous spending, shopping, or a night of partying. And a payday loan would not be suitable for you if you are looking to pay off an already outstanding loan. 

Make sure to consider carefully whether a payday loan is right for you. You should also consider alternatives to coping with your finances, such as borrowing from family and friends.

Are there any restrictions on how I can use my loan funds?

While we make some recommendations on what to use a payday loan for, you are free to spend it how you wish once the money is in your account. Of course, there are still some restrictions in place. You can’t use the cash to pay for anything illegal, and you usually can not gamble the money. Restrictions may vary depending on where you borrow the money in the USA, from Texas to Florida or California. To be sure, check if there are any conditions specific to your lender, for example, on using the loan to pay for college expenses.