We Review the Best 5 of Everything

Best Payday Loans

  • 100 Day Loans First
     
  • RockStarLoan Second
     
  • 24/7 loans Third
     
  • Cash Mojo Fourth
     
  • 3ClickLoan Fifth
     

Why Use an Online Payday Loan Service?

Get Payday Loans Online

Online payday loan service can act as your last minute savior and can help you out a tough financial situation before your next payday. Everyone has been in a situation where suddenly they face a temporary lack of money to pay for something they need and fast. Often this can happen with an unexpected medical bill or car repair. Sometimes it is something as simple as a broken washing machine or air conditioner that can send your budget into a whirlwind. A payday loan is a bridge between an immediate cash need and your next paycheck. The ease of applying for a payday loan online has increased their appeal because you no longer have to go to a brick and mortar store to receive a loan.

The Payday Loan Process

Securing a loan online is now a fast, streamlined process. The first step is to find a secure and safe loan finding service or lender online. Many sites act as a third party and take your application to their lenders to find the best match for your financial needs along with the best terms and conditions. Some sites are actual lenders and decide whether or not to approve your application. Once you find the site you want to use online, the next step is to fill out the online application. Once your application is submitted, the approval process usually only takes a few minutes. If you are approved, the lender will send you an email with a package containing the terms and conditions of the loan, including all fees, the interest rate and the repayment date. After you approve that document electronically, the lender will wire the funds to your bank account and you should have access to the money the very next business day!

Ease and Flexibility

Applying for payday loans used to require waiting in line at a payday store which could be embarrassing and take up a lot of time. Things, however, are different now. In this age of online transactions, you have the advantage of securing these loans without leaving your home or office. Moreover, you can compare the different interest rates and charges offered by these lending agencies when applying for a loan online. You are under no obligation to accept the terms of the loan offered to you by the lender when you apply on a site. You can go to multiple sites and see what differences you are offered. Once you approve the loan terms, you get the money transferred to your account and then on the payback day, the lender can debit your account with the total amount due from you if you choose.

Benefits of Payday Loans

There are many benefits to using an online payday loan service. First, you can save time. Online services provide you a quick and easy process and produce many options to get a short-term, payday loan. Instead of wasting time roaming around the city to look for a favorable lender, you can search online for the best existing payday loan service, apply for the loan and get the money transferred to your account within a day. Surprising to most people, but payday loans can help you increase you credit score. When you adhere to the repayment schedule and make timely payments, avoiding default, the lender will report your payments to the credit bureaus, thus increasing your credit score. SO if you do not qualify for a long-term loan for a car or other large item, a few strategic payday loans that you payback immediately can help increase the likelihood you could qualify for a traditional loan in the future.

 

INFORMATION ABOUT APR'S

When you have been approved, one of our lenders will offer you a loan with an APR from 384.99% to 789.45%. Your APR is derived from a number of variable such as your loan amount, amount of time you will repay, amount repaid as well as the term of the loan. Longer term loans and larger amount loans will receive lower APR's compared to short term or small amount loans. Short term loans can be a costly type of credit, these loans are used for emergencies or immediate financial requirements, not to be used for a long term financial resolution. These loans do not help increase your credit score and are used to solve short term financial problems. We are not a bank or a lender and are not able to give you specific information about your loan terms or APR's. The APR information is not required by state or federal laws. Please contact your lender to find out their current terms and rates.

FINANCIAL IMPLICATIONS : NON-PAYMENT

Failure to pay your loan in accordance with the terms set by your lender may proceed with the following:

Up to $38 Late Fee. Account will be sent to collection agencies. Will have a negative affect on your credit score. Offering to extend, refinance or renew your current loan, might result in you acquiring additional fees and interest. Depending on your lender the fees and interest rates may vary, Some lenders may have automatic renewals. Since we are not a lender or a financial institution we cannot give you any specific information about your loans or the implication if you are not able to pay your loan. For this information please contact your lender for their policies.

Please visit our Contact Us page for any quesitons or concerns you may have.