A ‘Payday’ lender is typically a lender of last resort. A payday loan is a loan of up to $2,000 that must be repaid between 16 days and 1 year.

OurMoneyMarket only facilitates loans to creditworthy borrowers that meet our lending standards. Unlike payday loans, OurMoneyMarket loan terms range between 12 months and 84 months, and include loan amounts of between $5,000 and $100,000.