Frequently Asked Questions.

What are the fees involved?

You will not be charged for submitting a loan request form. Dollar Hand works on a commission basis, receiving a fee from our lending partners if loan requests are approved.

How does a payday loan work?

A payday loan is used to cover short term and emergency expenses. With Dollar Hand, you can borrow between $100 to $35,000 and receive the funds in your bank account within 1 hour, 24 hours or the next business day. You will then repay the loan in full or over an agreed period of time which can range from 1 to 60 months depending on the loan size.

Am i eligible to request a loan?

To be eligible for a loan you must:

  • Be a US citizen
  • Be over 18 years old
  • Own a mobile phone
  • Be able to afford repayments
  • Have a live checking account to receive the money in
  • Earn an income of at least $800 per month

Potential borrowers do not need a perfect credit score to apply as bad credit is considered.

Which states does Dollar Hand operate in?

We currently operate in the following US states and are in the process of adding more areas:

Will this make my credit score less?

Filling in a loan request form will NOT negatively affect your credit score. During our approval process, a credit check will be carried out but this will not impact your chances.

However, if borrowers are unable to make repayments on time, their credit score will be damaged. Conversely, making repayments on time can boost your credit score. Despite this, payday loans should not be seen as a way to strengthen your credit score.

How long is the loans request process?

A loan enquiry through our online application form can be completed within 5 minutes. You will then receive an instant decision on screen from one of our lenders and if your request is approved, you could receive your funds within a couple of minutes, hours or the next business day.

How much money can I borrow?

You can borrow any amount between $100 to $35,000 to fund a range of different necessities.

Will I need to give my bank details?

Yes, you will need to provide your bank details in the submissions form so that we can transfer your loan into this account once it has been approved. Any information submitted to Dollar Hand is kept safe and secure, and will not be passed onto any other third parties without your consent.

When will I receive the funds into my bank account?

If your loan request is successful, money will be sent to your bank account within 1 hour, 24 hours or the next working day.

What are the consequences of making a late repayment?

If you miss a scheduled repayment, you could be charged a late fee and face a negative affect on your credit score. It is therefore important to speak to the lender as soon as possible if you realise that you may be delayed with a repayment as they could potentially help you by suggesting an alternative payment plan, reducing any late fees and preventing damage to your credit score.

How do i make a repayment?

Repayments are automatically collected from your bank account each month on a date that you will agree with the lender. The length of the loan can range from 1 to 60 months depending on the size of your loan, and as the monthly repayment date approaches you will receive a reminder from the lender.