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Featured Payday Loans Articles

Beware of Online Payday Loan Sites
BOCA RATON, FLA -- Payday lenders all over the country are using the technology of the Internet to move their check cashing stores from the street corner to the World Wide Web. The Internet gives customers the relaxation of getting payday loans in the ...

Payday Loans are the World's Most Expensive Cash
If someone told you that they would lend you $500 today if you repaid them with $5000 a year from now, would you take it? What if the repayment amount were only $2500? Would that strike you as a good deal? This may sound like an insane amount to repay ...

Quick cash with a payday loan
Hey! You need cash right away, but sometimes life gets in the way and you don't always have pocket change kicking around that's available to spend. Maybe it's all tied up for bills, or an emergency has reared its ugly head and you need some money to ...





Advantages of Online Payday Loans
 
Applying for online payday loans offers several advantages over applying at a traditional payday loan storefront. Payday loan applicants apply directly from their home or office computers via the Internet, never having to stand in line and wait in a crowded store. Many people choose to apply for online payday loans for personal reasons, because they simply do not feel comfortable going to a store specializing in payday loans and check cashing.

The online payday loans application process can also be a significant time saver. In-store applications must be handwritten, and completed entirely in the store. If an applicant does not have all the required information and paperwork they are unable to complete the application and the loan cannot be processed. Online payday loans applicants may pause while filling out the application form and take time to locate the required information.

About the author:

All online payday loans sites require the consumer to fill out an application detailing personal information, occupational information, current banking and financial information, and references.

All online payday loans have minimal requirements applicants must meet in order to complete the application. These requirements usually follow these guidelines:

* Have a current job for at least 3 consecutive months. * Take home a minimum of $800.00

Payday Loans News



This is Money

Simon Read: Pets and sweethearts are this week's payday loan targets
The Independent
The bean counters said in a report published this week that they've seen increasing evidence of consumers seeking alternative finance such as payday loans. High-cost, short-term lenders have come under increasing criticism in recent years.
'Make this Valentine's Day one to remember': Payday lending broker targets ...This is Money
Birmingham bankers, community leaders, nonprofit officials to seek ...al.com (blog)

all 4 news articles »

abc11.com

Couple learns hard way; payday loans illegal in NC
abc11.com
GARNER, NC (WTVD) -- Since 2006, it has been illegal to operate a payday loan businesses in North Carolina. However, years later, companies are still taking on customers. Now, a Triangle couple is in financial trouble over it.

and more »

Launch of Payday-loan-rates.com as One-stop Shop for Short-term Loans
PR Web (press release)
A new portal is being launched to provide a one-stop-shop for people thinking about taking out a short-term loan, otherwise known as a 'payday loan'. The website – http://www.payday-loan-rates.com – will give visitors quality, non-partisan advice and ...


Legal News Line

Payday lender ruled in contempt of Wis. settlement
Legal News Line
(Legal Newsline) - Wisconsin Attorney General JB Van Hollen announced on Friday that an Internet payday loan company has been found in contempt of a February 2010 settlement agreement. Arrowhead Investments LLC allegedly violated the terms of the ...

and more »

Some Big Banks Offer Payday-Like Loans
New York Times (blog)
By ANN CARRNS Some large banks are offering short-term loans akin to those offered by payday lenders, says a report from the Center for Responsible Lending, a nonprofit group. Payday loans are short-term advances of relatively small amounts, ...

and more »