Online Pay Day Loan Lenders Aren't All Alike!

When you compare online pay day loan lenders, they aren’t all alike. There are some lenders that offer hassle-free and quick cash loan approvals. There are some pay day loan lenders that can complete the entire process in as little as 1 hour. In fact, if you look carefully, pay day loan lenders that can complete the process in 1 hour can be found and be found right here at Speedy Payday Cash. When you need a pay day loan lender that can meet your specific needs and can help you get the emergency cash you need quickly and easily, then look no further!

For many people searching for short-term loans, pay day loans are something they are already familiar with. It used to be that pay day loan companies only operated out of storefront locations in seedy areas. There are now quality, discreet and honest online pay day lenders that offer quick, easy and hassle-free loans to get you the money you need quickly. If you have an unforeseen emergency, it can be helpful and convenient to start the approval process in the morning so you get the cash you need fast and without having to endure an entire day of worry as to how you will handle the financial emergency you are facing.

It can be embarrassing and humiliating to ask friends and relatives for a loan to get you through until your next pay day and some people might feel they are left without a choice, when an urgent need for cash occurs. There can always be unforeseen circumstances that leave you with the need for additional money before you get paid again, but if you start researching online pay day loan lenders, you might find yourself lost and unsure of who to trust or you will get lucky and find Speedy Pay Day Cash where you can get quick and hassle-free short-term cash loans from trusted lenders. We know that when it comes to relieving stress and anxiety, the online pay day loan options that help you get the money you need, from trusted souces and on terms you can afford, are the most attractive options.

When looking at online pay day loans you might be wondering about the high interest rates as the APR's can be several hundred to a couple thousand percent, but what you may not realize is that those rates are based on an annual rate and with pay day loans you won't have the loan out for a year. No matter what pay day loan lender you consider, a high APR is likly what you'll find, but keep in mind that pay day loans are designed as a short-term fix to an unexpected problem and shouldn’t be part of a long-term financial plan.

When you have an urgent need for cash, know that the loan fees are based on the amount you borrow and are nominal in actual dollars and with Speedy Pay Day Cash you will find lenders that can provide instant approvals with immediate direct deposit. If you prefer not to pay the extra fee for a 1 hour loan then, by all means, consider one of our lenders that provide the cash by the next business morning and without the extra fee for the rush.

Speedy Pay Day Cash and Zippy Pay Day Cash - Where only your zipcode gets you access to a list of quality direct online lenders that loan in your area.

What Are Pay Day Loans, How Do They Work and What Do They Cost?

Finally, All the Information on; What Are Pay Day Loans, How Do Pay Day Loans Work, What Do Pay Day Loans Cost and Where Do I Find a Pay Day Loan Lender I Can Trust, available all in One Place.

So, what are pay day loans?

Pay day loans these days are similar to the loans people once took out from employers (paycheck advances) that they paid back with interest. Pay day loans these days are available online and from direct pay day loan lenders and are designed to get cash to the borrower fast. While pay day loans have a higher interest rate then a traditional bank loan they however can be applied for and the cash received by the borrower by the next business morning. If utilized correctly, a pay day loan can actually be a great help to anybody who just wants a little boost.

So, how do pay day loans work?

These small loans, typically $100 - $2000, are made for the short-term and designed to assist individuals by helping them make it through until their next pay day. Generally the loan’s length is about two to four weeks. The cost is usually $20 - $25 per $100 borrowed on these loans. A borrower visits a website that provides pay day loans online, completes a short application and gets approved. Once approved, the lender will contact the borrower to go over the terms and verify information and then the borrower receives a pay day cash loan via direct deposit into their checking account. On the date the borrower agreed to repay the loan the funds are debited from the borrowers checking account. However, if the borrower needs more time to repay the loan then they must log into the lenders website and answer a few questions and file an extension request. Extension requests are granted unless the borrower has extended more then four times. Extensions are discouraged but permitted.

How will I know the loan terms prior to accepting the loan?

During the application process the borrower will need to electronically sign a loan agreement by typing their name on the loan agreement. All lenders must disclose the full terms of the loan at the top of the loan agreement, including the amount borrowed, the total cost of the loan, the annual percentage rate of the loan, the total amount the borrower will be repaying and when the loan will be repaid.

Loans can be renewed or even put on a payment plan. If the loan isn’t repaid, then the pay day loan lender has the right to pursue the borrower for repayment just like any other business who is owed cash. The lender may also report the borrower to the credit reporting agencies. Some say that pay day loans make the poor even poorer, because they end up obtaining debt they can’t get out of. Others say that pay day loans provide an excellent service to those who know how to manage their money but just need a little help.

How do I know which pay day loan lender to trust?

Speedy Pay Day Cash has evaluated 100's, if not 1000's of pay day loan lenders and accepted only the best of the best into their online network of lenders. If you come to Speedy Pay Day Cash, you'll simply enter your Zip Code and Speedy will provide you with a short list of honest and reputable pay day loan lenders. You simply read the short description of offerings provided by the listed lenders and select the one that suits your particular needs and you'll be directed to that lenders website or application and you'll be on your way to getting a quick pay day loan from a quality lender.

Speedy Pay Day Cash is a division of AtoZ Financials, LLC - Only the Best Pay Day Loan Lenders