January 29, 2025

8 Best Same-Day Loans For Quick Cash In 2025

8 Best Same-Day Loans For Quick Cash In 2025
Please note that the options presented in this blog are based on market research and are not intended as endorsements or recommendations. 
We’ve all been there: an unexpected expense pops up, and you need to cover it — fast. Whether it’s a car repair or a medical bill, sometimes you just need cash ASAP. 
That’s where same-day loans come in. They offer a quick solution and may provide funds as soon as the same day. But while they’re convenient, they often come with higher interest rates and fees and can lead to a dangerous borrowing cycle
Here’s a look at the best same-day loans for 2025 to help you find a fast, reliable option that won’t break the bank.

What is considered a quick loan?

A quick loan is a type of personal loan designed to deliver funds rapidly, often within the same day or by the next business day. The goal of a quick loan is to provide fast cash for urgent needs, like unexpected expenses or emergencies
While exact timelines depend on the lender and the borrower's eligibility, a "quick" loan generally means minimal processing time — no long waits, complex paperwork, or extended approval steps. If you're wondering how to get money the same day, a quick loan, or same-day loan, can be the solution for urgent financial needs.

How to get a loan fast

Here are some steps you can take to boost your chances of fast approval.

Where can you get a same-day loan? 

While there are many different same-day loans available in 2025, all loans of this type come with risks of high interest rates, hidden fees, and the potential to trap borrows in debt cycles. 
With those risks in mind, here are some same-day loans available in 2025.

1. LightStream: Best for home improvement

Who is this for?
LightStream stands out for homeowners because it offers high loan amounts (up to $100,000) without requiring collateral, making it ideal for major renovations. With low rates, flexible terms, and no fees, it’s a hassle-free way to fund upgrades without tapping into your home’s equity.
Pros
Cons

2. SoFi: Best for large amount loans

Who is this for?
SoFi works for borrowers with varying credit scores who need a larger loan and appreciate flexible repayment terms.
Pros
Cons

3. Rocket Loans: Best for medium-sized purchases

Who is this for?
For borrowers looking to quickly secure a medium-sized loan for things like home repairs, medical bills, or consolidating debt, Rocket Loans is ideal.
Pros
Cons

4. OneMain Financial: Best for easy approval

Who is this for?
Although there’s no best same-day loan for bad credit, OneMain Financial is for those with poor or no credit looking for how to get quick loans. It’s also ideal for people who prefer in-person support.
Pros
Cons

5. Upstart: Best for bad or no credit

Who is this for?
Upstart is a potential option for borrowers with poor credit looking to apply for same-day loans.
Pros
Cons

6. PenFed Credit Union: Best for small loans

Who is this for?
This same day loan option would appeal most to borrowers looking for small, affordable loans without high fees, especially those comfortable with joining a credit union.
Pros
Cons

7. Upgrade: Best for combining a loan with banking

Who is this for?
Borrowers who want a personal loan alongside credit-building tools and access to banking services could consider Upgrade.
Pros
Cons

8. Discover: Best customer service

Who is this for?
Discover is suited to borrowers with good to excellent credit who value great customer service and flexible loan terms.
Pros
Cons

The best same-day loans: A comparison

Here's a quick comparison of top lenders to help you find the best same-day loan options.
Lender
Loan Amounts
APR
Credit Requirement
Terms
Fees
LightStream
$5,000 to $100,000
7.49% to 25.99%
Good to excellent (unspecified)
24 to 240 months
No fees (origination, prepayment, or late)
SoFi
$5,000 to $100,000
8.99% to 29.49%
None (higher score improves chances)
24 to 84 months
No fees (origination, prepayment, or late)
Rocket Loans
$2,000 to $45,000
8.99% to 29.99%
Minimum 640
36 or 60 months
Origination fees up to 9%
OneMain Financial
$1,500 to $20,000
18.00% to 35.99%
None specified; flexible with lower scores
24 to 60 months
Up to 10% fee depending on location
Upstart
$1,000 to $50,000
7.8% to 35.99%
Minimum 300
36, 60, or 84 months
Late fees apply
PenFed Credit Union
$600 to $50,000
8.99% to 17.99%
Typically fair (580 recommended)
12 to 60 months
No origination or prepayment fees
Upgrade
$1,000 to $50,000
9.99% to 35.99%
Fair credit (580 minimum)
24 to 84 months
Origination fees (1.85%-9.99%)
Discover
$2,500 to $40,000
7.99% to 24.99%
Minimum 660
36 to 84 months
No origination fees

Quick loans to avoid 

While quick loans like payday, pawn shop, car title, and high-interest installment loans offer almost instant cash, they often come with high fees and steep interest rates. Here’s why it’s wise to approach these options cautiously.
Whenever possible, avoid these types of loans, as these quick loans can quickly lead to mounting debt that’s difficult to escape.

Alternatives to quick loans

Here are some practical alternatives to quick loans that can save you money and ease financial stress without the high costs.

Get cash quickly with EarnIn

EarnIn is here to make payday easy. Why pay high fees for same-day loans when EarnIn lets you access up to $150/day with a max of $750 between paydaysor $750/pay period — interest-free with no credit checks and no mandatory fees? Get your cash in minutes2, avoid costly loans, and discover the power of everyday payday. 
Plus, EarnIn’s Free Credit Monitoring tool3 lets you keep an eye on your credit score, so that if you do need a same-day loan, you have a better idea of which options you qualify for.
Download EarnIn and take advantage of the Cash Out tool today. 
Please note, the material collected in this post is for informational purposes only and is not intended to be relied upon as or construed as advice regarding any specific circumstances. Nor is it an endorsement of any organization or services.
1
Your Pay Period Max is the maximum amount you can access between paychecks, typically ranging from $50 to $1,000, and your Daily Max is the maximum amount you can access in a single day, up to $150. Your specific Daily Max and Pay Period Max are determined by EarnIn based on your income and financial risk factors, as explained in the Cash Out Maxes section of our Cash Out User Agreement. These limits may vary and are subject to change at EarnIn’s discretion. Your actual Daily Max will be displayed in your account before each Cash Out.
EarnIn does not charge interest on Cash Outs or mandatory fees for standard transfers, which usually take 1–2 business days. For faster transfers, you can choose the Lightning Speed option and pay a fee to receive funds within 30 minutes. Lightning Speed is not available in all states. Restrictions and terms apply; see the Lightning Speed Fee Table and Cash Out User Agreement for details and eligibility requirements. Tips are optional and do not affect the quality or availability of services.
2
Lightning Speed is an optional service that allows you to expedite the transfer of funds for a fee. Depending on the product, the fee may be charged by EarnIn or its banking partner. Lightning Speed is not available in all states. Restrictions and terms apply. See the Lightning Speed Fee Table for details.
3
Your VantageScore 3.0 from Experian® indicates your credit risk level and is not used by all lenders, so don't be surprised if your lender uses a score that's different from your VantageScore 3.0. Learn more

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