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In 2025, declining credit scores have become a big concern for millions of Americans. According to recent FICO data, the national average credit score has dropped to 715, particularly due to the return of student loan reporting after a pandemic-era pause, inflation-driven budget strain, and the tightening of credit limits.
As a result, a record number of U.S. households are struggling to meet their essential living costs and unexpected expenses. A recent survey by the Federal Reserve found that nearly 40% of Americans would be unable to cover a $400 emergency without borrowing or selling something. At the same time, many individuals now can’t qualify for traditional loan options due to credit issues.
To help people stay afloat, 1F Cash Advance has launched a program offering no credit check payday loans with guaranteed approval that are designed specifically for consumers with poor or declining credit scores. By removing this barrier, the company aims to provide fast and accessible financial support for everyday needs, from rent and groceries to emergency repairs and medical bills.
As part of this program, the company provides a variety of loans that will approve you no matter what tailored to different borrower needs:
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Guaranteed payday loans – Get a small loan with an over 90% acceptance rate.
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Bad credit loans – Enjoy affordable solutions for those with damaged credit.
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Same-day loans – Receive funds by the end of the same day.
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No credit check loans – Access quick financing without credit report review.
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Quick cash loans – Apply for emergency assistance with payouts within 24 hours.
All these products are designed to meet a wide range of customers’ unique needs. The 1F Cash Advance team can help potential borrowers select the right loan option for their situation. The solutions range from loans for small financial gaps between paychecks to products for large purchases and ongoing needs. Loan amounts vary from $100 to $1,000, with the repayment terms from a few couple of weeks up to 24 months. Easy eligibility requirements have made these loans popular with people who require quick cash but lack a good credit history.
“Unlike regular banks that use credit history as a determining factor, our guaranteed payday loans rely more on people’s employment and income. As a result, individuals who were not eligible for traditional loans can qualify and get much-needed support,” said Adrienne Bailey, the public relation specialist of 1F Cash Advance.
Loan availability remains the key benefit since people need quick access to cash for their basic needs. Statistics show that 1F Cash Advance borrowers typically use short-term loans for the following reasons:
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recurring monthly expenses such as rent, utilities, and groceries (69%).
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unexpected emergencies, including medical bills and auto repairs (16%).
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discretionary spending, including holidays, weddings, or travel (8%).
Taking into account the demographic, the company also creates programs that promote financial literacy among people who are more likely to take out payday loans. They include individuals aged 25–49, renters, people without a college degree, African Americans, and those earning between $15,000 and $25,000 annually.
The lending activity by state reflects the regional financial strain people face in various areas. This helps the company identify regions with increased need for financial support and offer products that meet the needs of people living there. In 2024, 1F Cash Advance processed over 60,000 payday loan applications nationwide, with most of them coming from the following states:
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Texas: Accounted for 15% of total loans, with about 9,000 applications.
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California: Represented 12% of loans, totaling 7,200+ applications.
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Florida: Comprised 9% of loans, with nearly 5,200 applications.
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New York: Made up 8% of loans, amounting to 4,800+ applications.
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Illinois: Accounted for 7% of loans, with over 4,200 applications.
Since economic issues are still ongoing, the company predicts growing demand for payday loans in 2025. Important aspects that cause this trend include:
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The inflation rate continues to worry workers. Wages rise slowly but bills get more expensive, making people on a low-to-middle income seek extra money.
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Almost half of gig workers experience income gaps each month due to income fluctuations and may be overlooked by traditional banks as they lack financial stability.
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Several states are discussing new laws to tighten payday loan interest rates or increase protections for those who borrow them.
To help Americans overcome these tough times, 1F Cash Advance keeps offering financial support to people across the U.S. facing economic hardships. The company plans to expand its services and implement financial education programs to help borrowers achieve long-term financial stability.
About 1F Cash Advance
1F Cash Advance is a trusted loan company that helps Americans get quick, reliable, and accessible financial support. The company offers a wide range of flexible loan solutions tailored to individuals with limited or poor credit histories. Options include guaranteed payday loans, installment loans for bad credit, and online personal loans.
Headquartered in Colorado, 1F Cash Advance operates nationwide through a streamlined online platform. The company is a reliable money source for people facing urgent expenses. It provides emergency financial assistance with same-day funding options available. Besides lending, 1F Cash Advance promotes financial literacy and provides resources and guidance to help customers make informed borrowing decisions.
About Author
Kerry Vetter is a finance expert and writer with over 30 years of experience in the industry. She writes about loans, debt, savings, and investments for 1F Cash Advance LLC. She earned an MS in Finance from Boston College and is certified as a CPWA, CRPC, and CPFA. Her career started in Direct Federal Credit Union and Star Bank. Afterward, she worked at Republic Bank & Trust, PennyMac Loan Services, and Guaranty Bank & Trust. This expertise has made her a strong professional and a person to listen to when it comes to money management.
Company Contacts
Mailing Address:
1F Cash Advance, LLC
1942 Broadway St., STE 314C
Boulder, CO 80302
Main Office Location:
2770 Canyon Blvd, Boulder, CO 80302
Website: https://1firstcashadvance.org
Email: info@1firstcashadvance.org
Phone: (720) 428-2247
Social Media:
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www.facebook.com/1FCashAdvance
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x.com/1fcashadvance
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www.reddit.com/r/1FirstCashAdvance/
