Every American has found themselves in a situation where payday is still a few days away, but the money has already run out. If a water heater breaks, an emergency medical bill pops up, or an urgent payment is due, a $700 loan with no credit check can be a quick and reliable way to cover unexpected expenses for those without a financial safety net.
ASAP Finance allows you to apply online, receive an instant decision, and get the funds quickly, often on the same day. Whether your credit history is perfect or you’ve faced financial difficulties in the past, this type of loan offers the speed and flexibility needed to handle emergency expenses.
How Does a $700 Loan Work?
A $700 loan is a small financing option designed to help you cover unexpected expenses. Such loans are usually issued online, so you can apply directly from your smartphone or computer without visiting a store.
When reviewing your application, direct lenders do not assess your credit history but focus on your income level and ability to repay the debt. That’s why these loans are often called “no credit check” loans. The decision is made quickly, without a hard credit inquiry, and if you meet the basic requirements, you can count on guaranteed approval.
Once approved, the $700 loan is deposited into your bank account within 24 hours or even on the same day. Repayment can be made either in a single payment or through equal installments, depending on the loan terms you choose. With ASAP Finance, the entire process is simple, transparent, and free from unnecessary paperwork.
I need 700 dollars now. What Options Are Available?
There are several ways to get a $700 loan quickly, depending on your financial situation and state regulations:
Payday Loan
A $700 payday loan is a short-term solution designed to meet immediate needs. It’s usually repaid in a single payment on your next payday, making it ideal if you’re short on cash but need money soon. The application process is quick, and funds can be deposited in your account within hours after approval.
Installment Loan
If you prefer smaller payments spread out over time, an installment loan might be a better fit. You can repay the $700 installment loan within 2-24 months with fixed payments, making it easier to manage your budget and avoid financial strain.
Personal Loans
If you have a good credit history, you can expect favorable terms by choosing a personal loan. The higher your FICO score, the lower your interest rate (from 6% to 36%). Repayment is made in installments over 1-5 years, and the loan can be used for any purpose. However, not all lenders offer amounts as low as $700.
Line of Credit
A line of credit works like a financial safety net that you can draw from whenever needed. You’re approved for a limit, and you only pay interest on the amount you actually use. It’s a convenient option for those who have irregular expenses or unexpected financial needs.
Title Loan
If you own a vehicle, you can quickly get cash from direct lenders by using it as collateral. The amount you can borrow usually equals 25-50% of your car’s market value, and the funds are often available the same day. However, interest rates can be high, and missed payments could result in the loss of your vehicle.
Buy Now, Pay Later
For online or in-store purchases, you can use a Buy Now, Pay Later plan. The total amount is divided into several smaller payments, often interest-free. It’s a convenient way to make urgent purchases without paying the full amount upfront. Just be sure to pay on time to avoid penalties.
When You Might Need Quick Financial Support
A $700 loan should not be used for luxury or long-term goals. It serves as a financial cushion when you face expenses that cannot be postponed. It can be useful in situations when you urgently need to pay for:
- a doctor’s visit, dental procedure, or necessary medications;
- utility bills or rent to avoid service disconnection;
- replacement of a car battery, tires, oil, or repairs after a breakdown;
- a school activity, uniform, textbooks, or a class trip;
- transportation and accommodation during family or work emergencies;
- internet, phone, or other essential daily services;
- a loan payment or credit card bill to avoid late fees or penalties;
- equipment, tools, or materials for work.
How to Apply for a $700 Cash Advance Online
Here are the key steps to get a 700 dollar loan with ASAP Finance:
Step 1: Complete a quick online form from your phone or computer. The process is simple, secure, and takes just a few minutes.
Step 2: Get an instant decision. Your request is reviewed within 15 minutes with no hard credit check.
Step 3: Receive your funds. The money will be sent via a direct deposit within 24 hours and may even arrive on the same day.*
*Please note: Approval is not guaranteed. The decision is based on a soft review of your financial situation and ability to repay. Funds are usually deposited the same day if approved before 10:30 a.m. on a business day. Applications submitted later or on weekends are processed the next banking day.
Eligibility Requirements
One of the key advantages of applying through ASAP Finance is accessibility. Even if you have a bad credit history, you can still qualify for a loan as long as you meet a few basic requirements:
- Minimum age of 18 years
- Valid government-issued identification
- Active checking account
- Proof of steady monthly income, such as pay stubs or bank statements
- Current contact information, including email and phone number
- Social Security number
- Proof of residential address
Applicants with recent bankruptcies, no income, or active defaults may not be eligible.
Estimate Your Payments and Interest Rate
At ASAP Finance, you can borrow $700 in one of two forms: payday or installment loans. A payday loan is issued for up to 31 days and is repaid in a single payment. The fee ranges from $10 to $30 per $100 borrowed, depending on your state of residence and creditworthiness.
Below are examples of how a $700 payday loan APR changes depending on the term (based on a $13 fee):
| Term (days) | Total Fee | Total Payment | APR |
| 14 | $91 | $791 | 338.93% |
| 21 | $91 | $791 | 225.95% |
| 30 | $91 | $791 | 158.17% |
If payday loans are not allowed in your state, you can still borrow $700 with an installment loan. This option is convenient because you can repay the money gradually with small fixed payments over 2 to 24 months. The interest rate on such loans is usually around 16% per year, but for people with a low FICO score, it can be as high as 200%.
Below, you can see how the monthly payment amount and total repayment cost change with the loan term and interest rate:
| Term (months) | APR | Monthly Payment | Total Interest | Total Repayment |
| 6 | 16% | $122.17 | $33.03 | $733.03 |
| 12 | 28% | $67.55 | $110.65 | $810.65 |
| 18 | 36% | $50.9 | $216.13 | $916.13 |
| 24 | 60% | $50.73 | $517.51 | $1,217.51 |
Other Ways to Get $700 Fast
Sometimes taking a loan isn’t the only way to solve a financial problem. Here are a few simple and practical ways to quickly find $700 without extra stress:
- Ask family or friends for help. If someone close to you can lend you money, this is the easiest and safest option. Just discuss in advance when and how you’ll return it to avoid misunderstandings.
- Use a credit card with a grace period. If you have a card with an interest-free period, you can cover necessary expenses now and pay the money back later before interest starts accruing.
- Contact a charitable organization. Many nonprofits and local foundations help people pay for rent, utilities, or medical bills. Check what programs are available in your city — sometimes assistance can be provided within a day.
- Ask your employer for an advance. Some companies allow employees to receive part of their salary early or offer financial assistance programs. Don’t hesitate to ask if this option is available to you.
- Sell unused items. An old laptop, phone, clothes, or furniture can quickly turn into cash. Online marketplaces and local buy-and-sell groups can help you sell things within hours.
- Find a side job. Even small gigs — walking dogs, delivering food, or freelancing online — can help you earn the needed amount faster than you think. It’s a safe and honest way to boost your budget without taking on debt.
Why Borrowers Keep Coming Back to ASAP Finance
Many people turn to ASAP Finance more than once — and there are good reasons for that. Our loan process is quick, reliable, and clear. We know that no one wants to waste time on paperwork or deal with confusing terms when money is needed urgently. Therefore, we offer our customers the following advantages:
Fast, Hassle-Free, and 24/7
The online application takes only a few minutes, and in many cases, the money is deposited into your account the same day. There’s no need to travel anywhere, wait in lines, or struggle to understand complicated language.
Bad Credit Accepted
ASAP Finance understands that everyone may experience a difficult period. That’s why even those who have had credit issues in the past still have a chance to get approved. The key is having a steady income and the ability to repay the loan.
Personal Data Is Secure
All the information you provide in your application is protected with bank-level security. Your personal data will never fall into the wrong hands — everything stays completely confidential from start to finish.
Customer Reviews
See what real customers think about ASAP Finance and how our service helped them get money when they needed it most.
Quick, simple, and stress-free. I received funds in my account in a few hours.
Amanda W., MichiganJuly 10, 2025
No hidden tricks, just honest service.
George P., NevadaOctober 12, 2025
Transparent terms and fast communication.
Lydia K., OhioNovember 10, 2025
Simple Rules for Borrowing Wisely
Responsible borrowing starts with simple, common-sense habits. Borrow only the amount you truly need and think in advance about how you will repay it. Keep track of your income and expenses to understand how much you can afford to pay each month without going over your budget. Avoid taking out a loan for things you can live without.
It’s always worth spending a bit of time comparing offers from different companies, as even small differences in APRs can help you save a decent amount. Before accepting the terms, read the contract carefully, especially the fine print, which often contains important details that can help you avoid unpleasant surprises.
ASAP Finance adheres to responsible lending principles and complies with all applicable legal requirements. We also have a helpful financial blog, where you can find simple, practical tips on managing debt, improving your credit score, and using short-term loans safely.
FAQ
01
Can I get approved for a 700 dollar loan with poor credit?
Yes. ASAP Finance considers your current income stability and repayment ability rather than past credit mistakes. A soft credit check may be performed, but your credit score won’t be the main factor in the approval decision.
02
What repayment options do borrowers usually have?
You can repay your loan in a single payment if it’s a payday loan, or in equal monthly installments for up to 24 months if it’s an installment loan. Payments are usually withdrawn automatically from your bank account, or you can sometimes repay via a post-dated check if you apply at a store.
03
Is early repayment allowed without any extra fees?
Yes, installment loans can typically be paid off early without penalties. However, it’s always best to confirm this with your lender before signing the agreement to avoid any misunderstandings.
04
What should I do if I miss a scheduled payment?
Late fees may apply, so it’s important to act quickly. Contact your lender right away and explain your situation — many are willing to arrange an alternative plan. Avoiding missed payments is always best to prevent extra costs, credit damage, or collections.
05
Are $700 no credit check loans actually legal in the U.S.?
Yes. ASAP Finance is properly licensed and complies with state and federal laws. If payday loans are restricted or banned in your state, consider an installment loan instead.
06
How long does it take to receive the $700 after approval?
Since our system automatically verifies your information and ability to repay, most applications are reviewed within 15-30 minutes. If approved early in the day, funds can arrive the same day or the next business day.
07
Does applying for a $700 loan impact my credit history?
No, ASAP Finance performs only a soft credit check through alternative credit bureaus, so the inquiry won’t appear on your main credit reports. However, missed payments or defaulted loans may later be reported to collection agencies, which could affect your credit.
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