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Based upon various financial indicators, a lender typically approves a loan amount up to a limit that is considered safely repayable for the borrower. Sometimes, applying for a direct lender loan may get you a figure like $300 while you apply for a loan of say $400. However, when you choose a loan of a pre-assigned figure (say $500), your chances of getting exactly that amount approved are likely to be higher. A 500-dollar loan is intended to serve exactly this purpose - get you $500 as soon as the system allows. If you need a $500 loan today, your search ends here and you can simply hit the "Apply Now" button once you're ready.