Plenty of legitimate cash lenders exist, such as Moneytree and Check Into Cash. These payday loan companies are legitimate, legal entities, but they do charge high interest rates.
Individuals with good credit should bypass payday loans in favor of unsecured personal loans from banks. Those with damaged credit can use homes, cars and other assets as collateral for secured loans.
Peer-to-peer lending sites connect people in need with private lenders who lend for investment purposes. LendingClub and Prosper are two major companies in this vein. As of 2015, Prosper has arranged loans totalling $3 billion.
BillFloat is a different type of loan service that pays bills directly. The service is available to any person with a bank account, and the loan is paid back through automatic monthly withdrawals.