You can apply for a $255 payday loan online and get the loan in 1 hour, no matter where you are. This loan can be used to cover any emergency expenses that might come up unexpectedly and you won’t have to pay any interest on it if you pay it back on time. If you have bad credit, you will be able to get a loan in as little as an hour. With just a phone call, you can consolidate your debts, get an auto loan, or make other important financial decisions. These are short-term loans with a term between 16 and 31 days. The minimum amount that can be borrowed with a 2nd chance loan is $500. The maximum amount is up to the lender’s discretion. Interest rates for a 2nd chance loan are generally higher than standard loans. The application process for a 2nd chance loan is similar to a standard loan. You will need to provide documentation confirming your identity, your current employment status, and your income. You may also need to provide a detailed explanation of the circumstances that led to your previous delinquency. A 2nd chance loan may have a higher interest rate than a standard loan, but it may also have a lower upfront cost.