Even the best of us who are cautious about budgeting, and are careful about spending have faced situations in which we need urgent cash, and payday loans have been there for us to save the day. It is in fact, not difficult to find payday loan lenders or companies. However, it is surely tricky to find a reliable one. When searching the internet to get payday loans online, you need to choose the company that is dependable, and whose workings are apparent.
To make sure you settle for the right company, below is the list of some online payday loan lenders and companies that are renowned. Moreover, you can compare the features of these companies and select the one that is most suitable for your requirement.
This lender provides their users with the minimum interest rates of 29% APR. There is also an innovative LendUp Ladder on which an individual moves up as they start borrowing money and returning it on time. The individual gets specific points for this. The higher the position you have on the ladder, the more amount of money you can borrow with lesser interest rates and for greater time duration.
Points can also be earned by obtaining free credit education and other offers by LendUp. The loan provided by LendUp is a reasonable choice that lets the individual build up their credit easily, later on.
2. Check ‘n Go
Not only do they have stores present around the country; they are available online as well and deposit money in your bank account the day after the application approval is achieved. Since they charge a fee, their sum of interest rates will come out as slightly higher. Moreover, they also ask for personal, banking, and income data. The rate they charge on a $100 loan of 14 days is $22 which is equal to 583% APR.
To be eligible to secure a loan from Check ‘n Go, you must have a valid account. The automatic payments and direct deposit will take place through that account. You will be informed about the policy and fee structure from the beginning to avoid any misunderstanding that might occur. The loan and the time duration are greater in these loans, depending on how often the person opts for them.
3. Fax Free Cash
This company lets the new customer borrow money at feasible rates, which you cannot get through other lenders. Additionally, their application process is faster and everything is transparent to provide satisfaction to the customer. The customer can also take support of customer services to solve any issues they are facing.
In only a few steps, the application process is completed and the borrower will have up to 14 to 120 days to pay back the money they have loaned. Since it is online, special attention is given to its website to ensure security of data. The encryption technology used, protects the data from third party individuals.
These are not the only companies or payday loans direct lender in the market, but they are trustworthy and have different features that might attract buyers more than the others.Read More