Payday Loans $300: Get Quick Money with Instant Approval & Disbursement (No Credit Checks)

  • Friday, November 24, 2023 9:51am
  • Reviews

Do you need $300 as fast as possible, but you have bad credit or low income? You can stop worrying about it because we have the solution for your problems: the best $300 payday loans with the highest approval rate, instant approval, and same-day disbursement.

Properly analyzed and vetted by our team of finance specialists, we’ve invested 300+ hours building this ranking to make sure you can borrow $300 instantly under the best terms and conditions.

Check out our ranking below to choose your ideal company and borrow your $300 payday loan now.

Top 8 Lenders for Payday Loans $300 with Instant Approval and No Credit Checks

Here’s our ranking of the 8 best payday loan companies in the US ready to lend you $300 without credit checks and with instant approval and same-day disbursement.

If you want more information about our recommended $300 payday loan companies before sending your application, we invite you to read our detailed reviews.

1. Big Buck Loans


Since 2019, Big Buck Loans has been helping thousands of Americans borrow $300 easily thanks to their payday loans with high approval rates, low-interest rates, instant approval, and same-day disbursement. With an approval rate of 90% for customers with bad credit, no credit history, or low income, Big Buck Loans is rated as the #1 choice for borrowing $300 in an emergency.


  • Highest-rated company for $300 payday loans online
  • Fastest same-day disbursement
  • Instant approval
  • 90% approval rate for all types of customers
  • Competitive interest rate
  • No hard credit checks
  • Flexible repayment periods


  • Interest rates might be higher for extremely bad credit customers

2. Honest Loans


Honest Loans has been offering $300 payday loans since 2016 with outstanding customer satisfaction thanks to their smooth and fast online application process, quick disbursement, high approval rate, and competitive APR.

We recommend it to customers looking for a simplified online application process, competitive rates, and same-day disbursement.


  • Simple 12-step application process
  • Instant approval
  • Same day disbursement
  • High approval rate
  • Low-interest rate


  • They disburse loans slower than Big Buck Loans
  • High interest rate for extremely bad credit

3. Low Credit Finance


Low Credit Finance was created in 2014 to help Americans connect with direct lenders willing to lend them up to $5,000 with no credit checks and same-day disbursement. This is why it’s in our ranking because they’re the best choice if you want to explore multiple options when applying for a $300 payday loan.

They’ve been building their network since 2014, bringing you access to hundreds of direct lenders willing to approve your application and bring you a $300 payday loan at a competitive rate.


  • Largest number of payday loan offers
  • Easily compare interest rates, fees, and repayment periods
  • Get access to bigger payday loans by repaying on time
  • Competitive interest rates
  • High approval rate for all types of customers


  • Disbursement can take 12-24 hours
  • You need to spend time comparing different offers

4. Credit Clock


Credit Clock was created in 2019, and to compete in one of the most challenging industries in the US, this company invented a distinctive product: a payday loan with the most flexible repayment periods. Whether short-term or long-term, you can borrow $300 from Credit Clock and pay it back on your preferred terms.

Credit Clock’s $300 payday loan offer gets even better thanks to its instant approval, fast disbursement available 24/7, competitive interest rates, and high approval rate for bad credit.


  • Most flexible repayment periods when borrowing a $300 payday loan
  • Instant approval
  • Fast disbursement in 3-4 hours maximum
  • Available 24/7
  • Ideal choice for emergency loans
  • Competitive interest rate
  • High approval rate for bad credit


  • Low approval rate for low-income or unemployed customers
  • Online applications could be simpler

5. Fast Loans Group


Because your credit score shouldn’t matter when applying for a $300 online payday loan, Fast Loans Group came up with a brilliant idea: payday loans with no hard credit checks. This is why it’s been one of the preferred payday loan companies in the US since 2019, in addition to its high approval rate for all customers, instant approval, and fast disbursement.


  • No hard credit checks 100% guaranteed
  • High approval rate for all types of customers
  • Instant approval
  • Fast disbursement


  • Higher interest rate than our other recommended companies
  • Online applications should be faster

6. Money Mutual


Money Mutual has been offering payday loans to Americans since 2005, specializing in small personal loans such as $300 payday loans. Thanks to their experience in the industry, they’ve perfected their systems to offer instant and hyper-fast approval, making it ideal for emergencies. Along with its high approval rate for bad credit and no credit history, it’s an excellent choice when you need money fast.


  • Easy online application and instant approval
  • Fast disbursement for $300 payday loans
  • High approval rate for bad credit
  • Ideal for emergencies


  • Interest rates can vary greatly depending on your profile
  • Lower approval rate for unemployed customers

7. Heart Paydays


Since 2013, Heath Paydays has been offering online payday loans in the US with a clean record and thousands of happy customers thanks to its fast application process with instant approval and same-day disbursement. Along with its flexible repayment periods and high approval rate, it’s a solid alternative to companies such as Honest Loans.


  • Super easy online application process with instant approval
  • Same day disbursement
  • Flexible repayment periods
  • High approval rate for bad credit and low-income


  • Interest rates can be higher
  • Repayment periods can vary depending on your profile

8. Fast Money Source


The newest company from our ranking also offers the highest approval rate for $300 payday loans in the US, thanks to their easy-to-meet eligibility criteria. If you have bad credit, extremely bad credit, no credit history, low income, unemployed, or a high debt-to-income ratio, you can still get approved for a $300 payday loan at Fast Money Source.


  • Highest approval rate in the industry
  • Instant approval
  • Flexible repayment periods
  • Access to bigger payday loans by repaying on time


  • Interest rate can be higher than other options from this ranking
  • Disbursement can take up to 24 hours

How to Apply for a $300 Payday Loan in 4 Steps

Here’s how you can apply for a $300 payday loan at any of our recommended companies in only 4 easy steps.

#1 – Choose a Lender

With our ranking and reviews at your disposal, take your time to choose the right lender for you. Once you’ve decided, click on the name of your favorite payday loan company to visit the official website and start the application process.

#2 – Fill out the Application Form

After landing on the website, you must complete the application form by entering your full name, birth date, phone number, email, address, and details about your income/employment. Because our recommended lenders have simplified this process, you can complete it in 5 minutes or less.

#3 – Review the $300 Payday Loan Offer

Because our recommended companies offer instant approval, you’ll know instantly if you’ve been approved to borrow the $300. If so, they’ll bring you an official offer, agreement, and contract. Take your time to review it and see if it’s favorable for you.

#4 – Accept the Offer and Receive the $300

If you agree with the offer, agreement, and contract, accept them, and you’ll receive the $300 the same day. The disbursement process can take up to 12 hours, but our fastest lenders, such as Money Mutual, Big Buck Loans, Honest Loans, and Credit Clock, can disburse your loan in 4 hours or less.

Overview of Payday Loans for $300

Payday Loan ProviderBest For…Score
Big Buck LoansSame day disbursement10/10
Honest LoansFast application10/10
Low Credit FinanceLargest number of offers9/10
Credit ClockFlexible repayment periods9/10
Fast Loans GroupNo hard credit checks9/10
Money MutualFast disbursement8/10
Heart PaydaysFast online application8/10
Fast Money SourceHigh approval rate8/10

Why Trust Our Recommended $300 Payday Loans?

If you want to learn why our recommended companies stand out from the rest of the options in the payday lending industry,

Licensed and Registered to Protect Your Rights

Each of our ranked payday loan lenders is licensed and registered in every state they do business in. Therefore, you’ll only borrow $300 from legal, regulated, and accredited companies that will respect your rights.

Thoroughly Reviewed and Analyzed

Our team of finance specialists has spent over 300 hours reviewing all the payday loan companies in the United States that offer $300. We’ve analyzed and compared all the lenders in the industry to identify the top 10 companies that offer the lowest interest rates, fastest approval and disbursement, and highest approval rate, amongst other benefits.

Unbeatable $300 Payday Loan Offers

Our recommended payday loan offers will allow you to withdraw $300 with the highest approval rate, lowest interest rate, and fastest approval and disbursement. We’ve made sure only to select the top companies and offers in the industry.

Who Can Apply and Qualify for a $300 Payday Loan?

If you meet the following eligibility criteria, then you can apply and qualify for a $300 payday loan at our recommended companies:

  • You’re at least 18 years old
  • You’re a US citizen or permanent resident
  • You have an active phone number and email address
  • You have an active bank account
  • You have a verifiable source of income
  • You have a favorable debt-to-income ratio (DTI)

If you’re 18 years or older, you’ll likely qualify for a $300 payday loan because our recommended lenders, like Big Buck Loans, offer an outstanding 90% approval rate.

Benefits of our Recommended Payday Loans $300 in the US

Our recommended $300 cash advances will bring you plenty of benefits, which we detail in the following list.

Fast money when you need it the most

Be it for emergencies, last-minute expenses, or bills you forgot about, and you need to pay right now, our recommended payday loans are the quickest way to get $300 without paperwork or questions asked. Because the approval is instant and the disbursement only takes 1 to 4 hours on average, you can get $300 fast to cover any expense.

Versatile loans you can use as you wish

Proud of offering the most versatile payday loans in the industry, our recommended companies won’t ask questions about why you need the $300 and how you’re going to use it. You can spend the money as you wish with absolute discretion.

Accessible for everyone

Payday loans exist to bring customers with bad credit, no credit history, low income, or who are unemployed access to funding without barriers. This is a major benefit of our recommended companies because they approve 90% of the applications, making it almost guaranteed that you’ll get the $300 you need right now.

Lowest cost for $300 payday loans in the industry

The truth is that payday loans are more expensive than traditional personal loans, but they don’t need to be excessively pricey. This is why our recommended $300 payday loans will charge you the lowest APR and fees in the industry to help you access immediate funding without breaking the bank.

Entry point for bigger loans with instant approval

Suppose you’re applying for a $300 payday loan because it’s the unique way to get the money you need due to your low credit score or lack of credit history. In that case, you’ll be happy to know that this cash advance will be the entry point to bigger loans with instant approval, a lower APR, and more flexible repayment periods.

Repaying your $300 payday loan on time will increase your credit score, create a solid credit history, and open the doors to new loans at our recommended companies. Even if you want to borrow $50,000 with instant approval, our recommended lenders can bring you the funding you need.

How We Selected the Top 8 Companies for Payday Loans $300 in the US

After spending 300+ hours researching the entire payday lending industry in the US, we’ve identified the top 8 companies that offer the best $300 payday loans thanks to their low APR, flexible repayment periods and high approval rate. Here’s the selection we used to find them.

#1 – Legit and Licensed Payday Loan Lenders

Did you know that payday loan lenders must be licensed and registered in all the states they do business in? Hence, it’s the first factor we analyze when adding a new payday loan company to our ranking because we only consider lenders or brokers that meet all the current federal and state regulations.

This will ensure that the APR and interest charges never surpass the local regulations, protecting you as a customer.

#2 – High Approval Rate for Applications

Certain companies created payday loans to allow Americans with bad credit, no credit history, or low income to borrow money, taking down the usual obstacles at banks and traditional financial institutions. Hence, we only consider lenders and brokers with a high approval rate for applications regardless of their credit score, credit history, or income situation.

Recommended companies like Big Buck Loans offer a 90% approval rate for $300 payday loans, making it one of the easiest ways to borrow emergency money immediately.

#3 – Immediate Approval and Express Disbursement

Payday loans equal fast funding; hence, we only select companies that can approve your $300 payday loan application immediately and disburse the money within a few hours. Our top recommended companies, such as Big Buck Loans, Credit Clock, and Money Mutual, can deposit the $300 into your bank account in 4 hours or less on average.

#4 – Low Interest Rate and Finance Charges

You already know that payday loans usually charge a higher interest rate than regular personal loans. Still, since our goal is to help you find the best possible offer, we have selected the top 8 payday lending companies that charge the lowest interest and fees for $300 payday loans.

With a maximum limit of 35.99% APR and flat finance charges that follow the local regulations, our recommended companies will help you to save big when borrowing $300.

#5 – Flexible and Favorable Repayment Periods

Payday loans aren’t just short-term nowadays because, thanks to our recommended payday lending companies, you can repay your $300 cash advance over several weeks or months thanks to their flexible and favorable repayment periods.

We’ve ensured that our recommended payday loan lenders and brokers can offer flexible repayment periods without excessively increasing the interest rate and fees.

#6 – Easy Online Application

No paperwork and a smooth application process are two factors we consider when adding a new payday loan lender to our ranking. This is why you can complete your online application in 5 minutes or less at any of our recommended companies because our goal is to help you get the $300 you need as soon as possible.

#7 – Efficient Customer Support and Assistance

You deserve a company that will answer your questions and solve your problems fast. This is why we have only selected payday loan lenders that offer 24/7 customer support service via live chat, email, or over the phone.

The Link Between Your Credit Score and $300 Payday Loans

One of the most frequently asked questions about our selected payday loans for $300 is if you can get approved even with bad credit. Here, we answer it and other related questions by explaining the link between your credit score and $300 payday loans.

You can qualify for $300 payday loans with bad credit or extremely bad credit

Payday loan companies target a specific public: customers who cannot get personal loans at banks due to their low credit score or lack of credit history. Hence, they don’t use your credit score to determine your creditworthiness. You can have a credit score of only 300 points and still get approved for a payday loan at our recommended companies.

Your credit score is necessary to calculate the APR and finance charges

Our recommended payday loan companies don’t use your credit score to determine your creditworthiness; it’s simply a factor to calculate the APR and finance charges for your cash advance. Therefore, if you have bad or extremely bad credit, the APR and fees of your $300 payday loan will be higher, but this won’t decrease your chances of getting approved.

$300 payday loans can boost your credit score

Since a $300 payday loan is a substantial amount, repaying it on time will boost your credit score because repaying your debt on time is a massive positive sign that will lead to a solid credit history. This will help you to get approved for bigger payday loans or personal loans in the near future, with the massive advantage of a lower APR and more flexible repayment periods.

How to Increase Your Chances of Getting Approved for a $300 Payday Loan

If you want to boost your probability of qualifying for our recommended $300 payday loans, just follow our expert tips.

Be as detailed and transparent as possible about your income

When filling out the details about your income, such as the name of your employer, your actual monthly income, and additional income sources, make sure to be as detailed and transparent as possible. Because this will boost your chances of qualifying for a $300 cash advance at our selected companies.

Pay off some debt to decrease your debt-to-income ratio (DTI)

One of the reasons why your application might be denied is due to an excessively high DTI ratio. If it’s over 35%, then your chances of qualifying will decrease. This is why we recommend you work on reducing some debt to reduce your DTI ratio, and this will make it easier for you to get approved for a $300 payday loan.

Consider involving a co-signer

Adding a co-signer to your $300 payday loan will massively increase your chances of getting approved, even if you have a high DTI ratio or if your income is insufficient to cover the expenses of the cash advance. Not all companies offer this option; hence, we invite you to ask about this solution when applying for your payday loan online.

Are Payday Loans $300 Legal in the United States?

Yes, $300 payday loans are legal in the United States, but it depends on the state you live in. Here you have a list of all the 38 states where $300 payday loans are legal:

  • Alabama
  • Alaska
  • California
  • Colorado
  • Delaware
  • Florida
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Mexico
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Virginia
  • Washington
  • Wisconsin
  • Wyoming

All these states consider payday loans legal, and according to their regulations, consumers can borrow $300 without restrictions. In the case of Montana, you can borrow a maximum of $300, meaning that you cannot borrow a $500 payday loan, for example.


The news and editorial staff of Sound Publishing, Inc. had no role in the preparation of this post. The views and opinions expressed in this sponsored post are those of the advertiser and do not reflect those of Sound Publishing, Inc.

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