V
Venture Payday Loans
Contact
BBB:
PayDayAllDay in Portland, OR
PayDayAllDay Portland, Oregon — PayDayAllDay offers payday loans and cash advances up to $5,000 with same-day online and in-person applications at multi...
Data compiled from public sources · Rating from CreditDoc methodology
PayDayAllDay Review
PayDayAllDay is a payday lending service operating since 2019 with physical locations across Ohio, including Columbus, Cincinnati, Cleveland, and Findlay. The company positions itself as an accessible alternative to traditional bank lending, particularly for borrowers with damaged credit histories. They operate both online and offline channels, allowing customers to apply and receive funds through their preferred method.
The company offers payday loans and cash advances ranging from $250 to $5,000. Their stated application process requires minimal documentation: proof of age (18+), verifiable income of at least $1,000 monthly, an active checking account, valid ID, and contact information. They advertise free consultations at physical locations and claim to work with applicants who have bad credit. Business hours extend from 8am to 10pm daily across all locations.
PayDayAllDay emphasizes competitive interest rates and claims to offer better terms for borrowers with good credit histories. They market their accessibility to those rejected by traditional lenders and position second chances as a core value. The company maintains a local presence with named branch managers and dedicated customer service email addresses for each location.
As a payday lender, PayDayAllDay operates in a high-cost lending category. The website does not disclose specific APRs, fees, or repayment terms, which is typical for payday lenders but limits transparency. Borrowers should understand that payday loans typically carry substantially higher costs than traditional personal loans and are designed for short-term emergency needs only. The lack of disclosed rates and terms on their website is a significant limitation for informed decision-making.
Services & Features
Bad credit loan programs with available approval
Cash advances up to $5,000
Email support through location-specific addresses
Free in-person financial consultations explaining loan terms and costs
Identity verification to prevent fraud
In-person payday loan applications at physical branch locations
Installment loan products (listed but not detailed on website)
Online payday loan applications with fast approval decisions
Payday loans for borrowers with bad credit
Phone-based customer support at location-specific numbers
Same-day or next-day funding to checking accounts
Special loan offers for borrowers with good credit
Feature Checklist
Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection
Pros & Cons
Pros
- Quick application process available online with funding decisions within minutes
- Physical locations in four Ohio cities with extended daily hours (8am-10pm, seven days per week)
- Loan amounts up to $5,000 available to borrowers with damaged or poor credit histories
- Minimal documentation requirements: only age verification, ID, proof of income, and checking account needed
- Free in-person consultations to explain payday loan terms and costs before commitment
- Claims competitive interest rates with special offers for good credit borrowers
- Accepts borrowers with monthly income as low as $1,000 per month
Cons
- Website does not disclose actual APR rates, fees, or repayment terms—critical information for comparison shopping
- Payday loans typically carry extremely high annual percentage rates (often 300%+ APR), creating significant debt risk
- Only $1,000 minimum monthly income requirement may indicate lending to borrowers with limited repayment capacity
- No mention of alternative repayment plans, payment extensions, or flexible terms if borrower faces hardship
- Multiple loan locations and online availability may make it too easy for vulnerable borrowers to over-borrow
Rating Breakdown
Value 2.0
Effectiveness 1.5
Customer Service 2.2
Transparency 2.0
Ease of Use 3.9
Compare the Best Personal Loan Options
See which lenders actually approve borrowers with bad credit. We compared APRs, fees, minimum scores, and funding speed.
Frequently Asked Questions
Is PayDayAllDay legitimate?
Yes. PayDayAllDay is a registered company, headquartered in 3354 SE Belmont St, Portland, OR 97214.
Quick Facts
- Headquarters
- 3354 SE Belmont St, Portland, OR 97214
- BBB Accredited
- No
- Starting Price
- Contact provider
- Setup Fee
- None
- Money-Back Guarantee
- No
CreditDoc Diagnosis
Doctor's Verdict on PayDayAllDay
PayDayAllDay is suitable for borrowers facing genuine emergencies who need $250-$5,000 quickly and cannot access traditional lending due to poor credit. However, the company's failure to disclose APR, fees, or repayment terms on their website is a major red flag—payday loans are extremely expensive (typically 300-400% APR), and borrowers must understand these costs before applying. This product should only be used for genuine short-term emergencies, never as regular borrowing.
Best For
- Borrowers with urgent cash needs of $250-$5,000 and access to same-day or next-day funding
- People with poor or damaged credit unable to qualify for bank personal loans or credit cards
- Individuals who prefer in-person applications and consultations rather than fully online processes
Updated 2026-04-29
More Emergency Cash
U
USA Payday Cash Loans Memphis
Contact
BBB:
U
USA Cash Services
Contact
BBB:
Financial Wellness Guides
How to Read Your Credit Report (And Spot Errors)
Your credit report contains the raw data behind your score. Learn what's in it, how to read it, and how to dispute errors that could be dragging your score down.
Read guide →Buy Now, Pay Later: How BNPL Really Affects Your Credit
Klarna, Afterpay, Affirm — they make spending easy. But what happens to your credit score when you use them? Here's what the fine print doesn't tell you.
Read guide →Understanding Your Credit Score: The Complete Guide
Learn what makes up your credit score, how it's calculated, what the ranges mean, and how to check yours for free.
Read guide →Financial Terms Explained (10 terms)
New to credit and lending? Here are the key terms used on this page, explained in plain language with real-number examples.
Interest & Rates
APR — Annual Percentage Rate
The total yearly cost of borrowing money, including the interest rate plus any fees the lender charges. Think of it as the 'true price tag' on a loan.
Why it matters
Lenders must show APR by law (Truth in Lending Act) because the interest rate alone can hide fees. Comparing APR across lenders is the most reliable way to find the cheapest loan.
Example
You borrow $10,000 at 6% interest for 3 years, but there's a $300 origination fee. The interest rate is 6%, but the APR is 6.9% because it includes that fee. You'd pay $304/month and $946 total in interest.
Compound Interest
Interest calculated on both the original amount borrowed AND the interest that's already been added. It's 'interest on interest' — and it makes debt grow faster than you'd expect.
Why it matters
Credit cards and many loans use compound interest. If you only make minimum payments, compound interest is why a $3,000 balance can take 15 years to pay off.
Example
You owe $1,000 at 20% annual interest compounded monthly. After month 1 you owe $1,016.67. Month 2, interest is charged on $1,016.67 (not $1,000), so you owe $1,033.61. After 1 year without payments: $1,219.
MAPR — Military Annual Percentage Rate
A special APR calculation used for military servicemembers that includes ALL costs — fees, insurance, and add-ons — capped at 36% by federal law.
Why it matters
The Military Lending Act protects active-duty servicemembers and their families from predatory lending. Any lender charging above 36% MAPR to military is breaking federal law.
Example
A payday lender charges a $15 fee per $100 borrowed for 2 weeks. For civilians, that's technically legal in some states. For military: that works out to 391% MAPR — illegal under the MLA.
Usury Rate — Usury Rate (Interest Rate Cap)
The maximum interest rate a lender can legally charge in a particular state. Charging above this rate is called 'usury' and is illegal.
Why it matters
Usury laws are your main legal protection against predatory interest rates. But beware: some states have weak or no usury caps, and federal banks can sometimes override state limits.
Example
New York caps interest at 16% for most consumer loans (25% is criminal usury). If a lender tries to charge you 30% in NY, that loan is unenforceable — you could fight it in court.
How Loans Work
Collateral — Loan Collateral
An asset you pledge to the lender as security for a loan. If you stop paying, the lender can seize and sell that asset to recover their money.
Why it matters
Secured loans (with collateral) have lower interest rates because the lender has less risk. But you could lose your home, car, or savings if you default.
Example
A mortgage uses your house as collateral. A car loan uses your vehicle. A title loan uses your car title. If you miss payments, the lender can foreclose or repossess.
Fees & Costs
Late Fee — Late Payment Fee
A charge added to your account when you miss a payment deadline. Most credit cards charge $29-$41 per late payment, and many loans have similar penalties.
Why it matters
The fee itself hurts, but the real damage is to your credit score. A payment 30+ days late stays on your credit report for 7 years and can drop your score 60-110 points.
Example
Your credit card payment of $150 is due March 1. You pay on March 18. The bank charges a $39 late fee. If it's 30+ days late, it gets reported to credit bureaus and your 760 score drops to 670.
NSF Fee — Non-Sufficient Funds Fee
A fee your bank charges when a payment bounces because there isn't enough money in your account. Also called a 'bounced check fee' or 'returned payment fee.'
Why it matters
NSF fees hit you twice — your bank charges you AND the company you were trying to pay may charge their own returned payment fee. That's $50-70 for one missed payment.
Example
Your auto-pay tries to pull $350 for rent, but you only have $280 in checking. Your bank charges $35 NSF fee. Your landlord charges $25 returned payment fee. Total damage: $60 in fees.
Legal Terms
Usury — Usury (Illegal Interest)
The practice of charging interest rates higher than what the law allows. Usury laws set state-specific caps on how much lenders can charge.
Why it matters
If a lender charges usurious rates, the loan may be void, penalties can be reduced, or you may be entitled to damages. Know your state's limits.
Example
Your state caps consumer loans at 24% APR. An online lender charges you 36%. That loan may be unenforceable, and you might only need to repay the principal — no interest or fees.
Credit Cards
Cash Advance — Credit Card Cash Advance
Using your credit card to get cash from an ATM or bank. It's one of the most expensive ways to borrow — higher interest rate, immediate interest accrual (no grace period), and an upfront fee.
Why it matters
Cash advances are a debt trap: 25-30% APR with no grace period plus a 3-5% fee. Interest starts the second you withdraw, not at the end of the billing cycle.
Example
You take a $500 cash advance. Fee: $25 (5%). Interest: 28% APR starting immediately. After 30 days, you owe $536.67. After 6 months of minimum payments, you've paid $85 in interest on $500.
Want to learn more? Read our Financial Wellness Guides for in-depth explanations and practical advice.
Affiliate Disclosure: CreditDoc may earn a commission when you click links to PayDayAllDay and other services. These commissions help us maintain our free research. Our editorial team independently evaluates all services. Compensation does not influence our ratings or rankings. Learn more.