#1 9.1 Editor score, out of 10

Speedeloans Payday Loan Review

Online-first lender that publishes fee tables up front and limits rollovers in states that allow them.

Independently reviewed by the Payday Loan Compare editors. Last updated May 15, 2026.

Speedeloans is an online-only lender that does the one thing most payday companies avoid: it shows you the full price before you fill in a single form.

Speedeloans is an online payday lender that built its whole pitch around a single idea: tell the borrower the price first. Most payday companies make you start an application before the cost becomes clear. Speedeloans posts its fee tables up front, so you can see what a $300 or $500 loan will cost in your state before you commit to anything. That is why it sits at the top of our payday lender rankings.

Screenshot of the Speedeloans website — The Speedeloans homepage. Screenshot for reference, captured by our editors.

Speedeloans Payday Loan: Quick Facts

Loan amount range: $100 to $1,000
Typical fee per $100: $15 to $30
Typical term: 14 to 30 days
Funding speed: As soon as the next business day after approval
States served: Available in most states that license short-term lending

The Short Version

Speedeloans is our top-ranked payday lender, and the reason is not speed or loan size. It is honesty about cost. The site posts fee tables up front, so you can see what borrowing $300 or $500 will actually cost you before you commit to anything. That sounds basic. In this corner of lending, it is rare.

It is an online operation with no storefronts, lending in most states that license short-term credit. Loans run from $100 to $1,000, with finance charges in the usual payday range of $15 to $30 per $100 borrowed, and terms of 14 to 30 days. If you are approved, funding usually lands by the next business day.

How Borrowing Here Actually Works

You apply on the website, share proof of income and an active checking account, and get a decision. Speedeloans runs a soft credit check to pre-qualify you, which means looking at your rate does not leave a hard inquiry on your file or ding your FICO score. That is a genuine borrower-friendly touch, because it lets you check the cost without paying for it in credit points.

The finance charge is a flat fee per $100, not monthly interest. A loan in the $15 per $100 range is at the cheaper end of payday pricing; a loan at $30 per $100 is at the expensive end. Speedeloans publishes which tier applies in your state, so the number is not a surprise at signing. You repay the full balance plus the fee on your due date, typically pulled from your bank account by the ACH authorization you signed when you took the loan.

Who It Suits, and Who Should Look Elsewhere

This lender fits a borrower who wants to compare the real cost of a short-term loan and does not need cash in hand the same hour. If you can wait until the next business day for funding and you want a clear price, Speedeloans is a sensible first stop.

It is a weaker fit if you need a storefront. There is no counter to walk into, no cash pickup, and no in-person help if something goes wrong. It is also not the right call if you need to borrow more than $1,000, since the maximum here is lower than what some storefront chains will lend. Borrowers who want a longer repayment schedule should look at an installment product instead of a single-payment payday loan.

The Catch Worth Knowing

Speedeloans limits how many times you can roll a loan over, even in states where the law would allow more. A rollover means paying another fee to push your due date out by a pay cycle while the principal stays exactly the same. Self-imposed limits are a real protection against the fee-stacking spiral that traps repeat payday borrowers.

But a limit is not a cure. A payday loan at $15 to $30 per $100 is still high-cost credit, and the annualized APR is steep no matter how clearly it is disclosed. Clear pricing helps you make a good decision. It does not make the loan cheap.

What We Like, and What to Watch

What we like: Posts the total cost of borrowing before you sign. Soft-pull pre-qualification that does not affect your FICO. Self-imposed rollover limits even where state law allows more.

What to watch: Online only, no storefront option. Maximum loan amount lower than some storefront competitors.

How We Scored Speedeloans

Same rubric as every lender on the list. The full scoring methodology explains the weights.

35% · Cost and clarity of APR

Speedeloans charges a finance charge in the standard payday range of $15 to $30 per $100 borrowed, so on price alone it is not cheap. Where it earns its strong mark on this criterion is clarity: the lender posts the fee table that applies in your state before you start an application, and it discloses the total cost of borrowing rather than burying it. You can see exactly what tier you fall into and price the loan honestly before you sign.

25% · Borrower protections

This is the criterion where Speedeloans separates itself. It caps the number of rollovers it will allow even in states whose laws would permit more, which is a direct defense against the fee-stacking cycle that traps repeat borrowers. Combined with soft-pull pre-qualification that lets you check a rate without a hard inquiry, the protections here go beyond the legal minimum rather than just meeting it.

20% · Transparency and licensing

Speedeloans lends in most states that license short-term credit and presents its pricing in plain, state-specific fee tables. As an online-only lender it is direct about how the loan is funded and repaid, including the ACH authorization that pulls the balance on the due date. There is no multi-product confusion and no third-party routing to decode, which keeps the disclosure simple to follow.

20% · Customer experience

Funding is solid rather than instant: approved loans usually arrive by the next business day, which suits a planned bridge but not an emergency that needs cash within the hour. The online-only model means there is no storefront and no in-person help if something goes wrong. The soft-pull pre-qualification step makes the application itself low-friction and low-risk to your credit.

Speedeloans earns a 9.1, the highest score on our list, because it leads on the two criteria we weight most heavily after raw cost: borrower protections and transparency. Self-imposed rollover limits, soft-pull pre-qualification, and posted state fee tables are all real, verifiable practices rather than marketing claims. It does not score a perfect mark because the finance charge still sits in the normal payday range and the online-only model offers no storefront or same-hour funding. The score reflects the most borrower-honest option on the list, not a cheap one.

The Bottom Line

Speedeloans earns the top spot by competing on disclosure rather than hype. The soft-pull pre-qualification, posted fee tables, and rollover limits add up to the most borrower-honest option on our list. Just remember that "honest about the price" and "low price" are not the same thing. Borrow only what your next paycheck can cover in full.

Speedeloans Payday Loan: Frequently Asked Questions

Speedeloans ranks #1 of 8 on our independent US payday lender list with an editor score of 9.1 out of 10. Online-first lender that publishes fee tables up front and limits rollovers in states that allow them.

Speedeloans offers loans of $100 to $1,000, with a typical term of 14 to 30 days. The exact amount you qualify for depends on your income and your state rules.

Speedeloans charges a typical finance fee of $15 to $30 per $100 borrowed. Payday loans are high-cost credit, so confirm the total cost of borrowing for your state before you sign.

Funding speed: As soon as the next business day after approval. States served: Available in most states that license short-term lending.