Payday Loan Reviews

Reviews of lenders that offer online pay day loans
Compare the cash advance financing rates

Payday loans are a type of cash advance on your future paycheck. Typically, even people with poor credit can qualify if they've been employed for at least several months and earn a certain amount. Essentially, these companies will direct deposit money into your account, and then directly deduct your account on when you are paid from your job. I was surprised to find there is virtually no information about the quality of these companies. I found NONE. If you can find any, let me know. So far, even after many years of running this site, I have gotten feedback on only a few of these companies. It looks like they really have bad terms, far worse than the finance rates on credit cards, but they clearly are popular for some people as there are plenty of places on the web promoting them. Applying online appears to be a fast, easy, confidential way of getting money in a crunch (but you pay for that luxury).

Read my information about payday loan options and alternatives

 

mypaydayloan.com
First Loan Free Up to $300

NO FAX OPTION NOW AVAILABLE!

A Top Recommended Cash Advance Offer

Mypaydayloan.com -Update January 16, 2010 - NO FAX PAY DAY LOAN OPTION AVAILABLE - First Loan Free

How much does a loan cost me?
The fee for advancing a check is 25% of the amount borrowed, so for $100.00 the fee is $25.00 or $125.00 total. [FIRST LOAN FREE!]

What is the period of time the loan is designed for?
Payday loans are meant for emergency situations. The loan period will typically be for 14 days, but can be shorter at times.

How many times am I allowed to extend this loan?
You can extend as much as necessary, however, these are meant to be short term and should be repaid quickly.

What amount will be deducted from my checking account on my due date?
You must submit a payment request and then the amount you have chose to pay gets deducted on your due date.

Information I could find on Mypaydayloan
$25 for every $100 borrowed (Now offering first loan free). No fax option available! Qualifying terms are now very clear on the website. You must have a checking account that is at least 3 months old, and you must make at least $1000 per month. On your first loan you can take out up to $600, but on the second you can take out $700, third is up to $800, fourth is up to $900 and after that, you can take out up to $1000. You can extend the loans. Site was first registered Oct 18, 1999 so they have been around longer than the other sites I found.

Cash Advances at a Fraction of the Cost
(High Recommendation - Lowest price at $10 for every $100 borrowed. Also NO FAXING REQUIRED.)

Half-Price payday loans. - PayDayOK (updated 8/21/05) - From their website:

PayDay OK offers you totally secure, 100% online transactions and instant results 24/7 without the headaches of faxing or paperwork. And with PayDay OK, you can expect fast electronic deposit, no credit checks and no hassles. Best of all, our loan rates are a fraction of the cost. So save time, save money and save the day – with PayDay OK!

Information I could find on PayDayOK
$17.50 for every $100 borrowed (the lowest I could find) with a Low-Cost Guarantee. Also, no faxing required. They had no information on how much you need to earn or how long you need to be employed. They have one of the nicest and most informative sites I have seen.

Magic Payday Click Here! - From their website:
FAST Two Minute Online Application
No Credit Checks
Slow pay, charge off's, even bankruptcy are OK
No faxing required


Automobile and Motorcycle Loans
ValueLine Investment Survey Special Offers

Site Maintained by Richard Malis, M.D.
Copyright 1996-2009
Last Updated January 16, 2010









































Contact Richard Malis if you'd like to see your site here.