Kamis, 31 Januari 2008
Payday Advance USA - Online Payday Loan and Cash Advance Services
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Steps to receive your payday cash advance today.
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secure online deposit request and in less than an hour, we'll email or call you with your loan approval details, including payments, cost, and more.
Review by : toptenreviews.com
Payday Advance is not an actual lender, but a referral service. Once a pre-approval form is submitted, the service returns a list of five possible lenders.
However, we question the resulting lender list, since we tried several scenarios and kept getting a list of the same five lenders in the same order. Payday Advance supposedly refers to nearly 300 lenders nationwide; however, we even tried several different states and kept getting back the same list. Four of the lenders on the list are included in this review site.
Although Payday Advance in not a secure site, it does not require applicants to submit personal information with the pre–approval application. Keep in mind that if you choose one of the lenders and submit an application, to review their security methods before you submit personal information.
Please Note: We did not actually acquire a loan from any of the services we reviewed. We cannot make any statements about how a service operates once a loan is attained, we merely compared available information.
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Payday Loans by Personal Cash Advance
 Sign up now for a payday loan! |
A payday loan provides you with an unsecured, short-term cash advance until your payday. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties.
Review by : toptenreviews.com
Originally, we had Personal Cash Advance ranked higher, until we couldn’t find their location. We have no idea where this company is located, in the USA or otherwise. They also do not relate their fees or APR before an application is submitted.
Personal Cash Advance appears to be a secure site and they support a protocol that encrypts transferred personal data.
Please Note: We did not actually acquire a loan from any of the services we reviewed. We cannot make any statements about how a service operates once a loan is attained, we merely compared available information.
Who's a typical cash advance client?
Most everyone finds themselves a little short on cash from time to time. People from all walks of life typically take advantage of cash advances to get them by. For example:
- Someone with multiple bills due before their next payday.
- Someone who doesn't want to be hounded by collections departments or have their utilities turned off.
- Someone who needs to make emergency repairs on their car so they can make it to work and not lose their job.
- Someone needing to get a prescription filled right away and won't have the money till a later date.
What do I need to pre-qualify?
All you need is a checking account in good standing, a minimum income from a job, and a working telephone.
What happens when I fill in the form?
After submitting this form, a loan document will be generated. Once the information is returned to you, you must print out the documents, fill them out accordingly, and fax back along with a copy of the
following:
- Your most recent Bank Statement
- Most current check stub
- Voided personal check
How much will the loan cost?
The fee for a payday advance is typically 25%-30% of the amount borrowed. The exact amount will be disclosed in paper-work from the lender. Please review this paperwork before signing it. You will not be committed to a loan until you agree to the terms.
Can I have more than one loan at a time?
Most lenders require that you pay each loan in full before you can get a new one.
What if I have bad credit or Bankruptcy issues?
Not usually a problem.
How much can I borrow?
You can borrow as little as $100 or as much as $500.
How long until I get the money?
Assuming all the paperwork is completed and processed, you can typically expect to receive the money in your checking account the next business day. Please note that this is most lenders' goal but actual time may be longer
Review by : toptenreviews.com
This site claims that it is protected by VeriSign and the page where you enter your personal information is secure; however the next page where you enter your checking account information and Social Security Number is not secured. This page does not display https:// in the website URL, nor is the padlock icon displayed.
We would advise that you use a service that can better secure your personal information.
Please Note: We did not actually acquire a loan from any of the services we reviewed. We cannot make any statements about how a service operates once a loan is attained, we merely compared available information.
This is a special introductory rate for first time NEW customers on their first loan ONLY.*
If you choose to renew your loan on your 1st due date, our regular, non-introductory rates will apply on subsequent loans.
Our Unique 24-7 FaxLessSM Payday Loan Processing Totally Eliminates Faxing Forever!!
With our online 24-7 FaxLessSM processing, faxing is eliminated. FaxLessSM means that your application is completed online in minutes and you’re finished/done. Our total online process gets rid of sending and receiving faxes-TOTALLY!
*Subject to verification of the information on your application, some restrictions may apply.
When do I get my money?
Once you have applied online, a loan agent will attempt to contact you to verify your banking information and explain the terms to you. Once you have spoke with your loan agent, your cash can be in your bank account as early as the next business day!
Payment Options - You decide what payment you want to make based upon the three examples below.
OPTION 1-AUTOMATIC RENEWAL
Your minimum payment on your first FOUR due dates is your finance fee. Your first finance fee will be discounted due to the fact that you are a first-time customer. After your first due date, the new finance fees applied will be at our regular rate. This payment is AUTOMATICALLY debited on your due date unless you request to pay more than this amount. Beginning on your FIFTH due date, you will be required to pay a minimum of $50.00 toward your principal balance ($100.00 on loans greater than $500.00) on every due date until your loan is paid in full. Finance fees paid will not be applied to your principal balance. *IMPORTANT: A NEW FINANCE FEE WILL BE ASSESSED (based on your remaining principal balance) WHEN YOU SELECT THIS PAYMENT OPTION*
| Example 1: Introductory Rate (Available to first-time customers on their first due date only) | ||||||||||||||
(Your Current Balance) | (Your Payment) | (Your Balance After Your Payment Is Made) | ||||||||||||
PRINCIPAL BAL | + | FINANCE FEE | = | TOTAL DUE | - | PRINCIPAL PAID | - | FINANCE FEE PAID | = | REMAINING PRINCIPAL BAL | + | NEW FINANCE FEE | = | REMAINING BALANCE |
| $ 100.00 | + | $ 10.00 | = | $ 110.00 | - | $ - | - | $ 10.00 | = | $ 100.00 | + | $ 30.00 | = | $ 130.00 |
| $ 200.00 | + | $ 20.00 | = | $ 120.00 | - | $ - | - | $ 20.00 | = | $ 200.00 | + | $ 60.00 | = | $ 260.00 |
| $ 300.00 | + | $ 30.00 | = | $ 130.00 | - | $ - | - | $ 30.00 | = | $ 300.00 | + | $ 90.00 | = | $ 390.00 |
| $ 400.00 | + | $ 40.00 | = | $ 140.00 | - | $ - | - | $ 40.00 | = | $ 400.00 | + | $ 120.00 | = | $ 520.00 |
| $ 500.00 | + | $ 50.00 | = | $ 150.00 | - | $ - | - | $ 50.00 | = | $ 500.00 | + | $ 150.00 | = | $ 650.00 |
| Example 2: Regular Rate | ||||||||||||||
| Customers who qualify for the introductory rate: This example applies to every due date AFTER your first due date. | ||||||||||||||
| Customers who do not qualify for the introductory rate: This example applies to EVERY due date. | ||||||||||||||
(Your Current Balance) | (Your Payment) | (Your Balance After Your Payment Is Made) | ||||||||||||
PRINCIPAL BAL | + | FINANCE FEE | = | TOTAL DUE | - | PRINCIPAL PAID | - | FINANCE FEE PAID | = | REMAINING PRINCIPAL BAL | + | NEW FINANCE FEE | = | REMAINING BALANCE |
$ 100.00 | + | $ 30.00 | = | $ 130.00 | - | $ - | - | $ 30.00 | = | $ 100.00 | + | $ 30.00 | = | $ 130.00 |
$ 200.00 | + | $ 60.00 | = | $ 260.00 | - | $ - | - | $ 60.00 | = | $ 200.00 | + | $ 60.00 | = | $ 260.00 |
$ 300.00 | + | $ 90.00 | = | $ 390.00 | - | $ - | - | $ 90.00 | = | $ 300.00 | + | $ 90.00 | = | $ 390.00 |
$ 400.00 | + | $ 120.00 | = | $ 520.00 | - | $ - | - | $ 120.00 | = | $ 400.00 | + | $ 120.00 | = | $ 520.00 |
$ 500.00 | + | $ 150.00 | = | $650.00 | - | $ - | - | $ 150.00 | = | $ 500.00 | + | $ 150.00 | = | $ 650.00 |
OPTION 2: PAYDOWN (PARTIAL PAYMENT TOWARD YOUR PRINCIPAL BALANCE)
THIS PAYMENT SELECTION MUST BE MADE AT LEAST 3 FULL BUSINESS DAYS BEFORE YOUR DUE DATE. You can make a payment toward the principal balance of your loan on ANY of your due dates. You can pay any amount in $50.00 increments ($50.00, $100.00, $150.00, etc.) toward your principal balance. Whichever amount you choose to pay will be IN ADDITION to your finance charge. This selection can be made by either calling our automated system at (866) 859-6132, logging in to your account at this website, or by faxing your Account Summary to us with your selection marked. Finance fees paid will not be applied to your principal balance.*IMPORTANT: A NEW FINANCE FEE WILL BE ASSESSED (based on your remaining principal balance) WHEN YOU SELECT THIS PAYMENT OPTION*
| Example 1: Introductory Rate (Available to first-time customers on their first due date only) | ||||||||||||||
(Your Current Balance) | (Your Payment) | (Your Balance After Your Payment Is Made) | ||||||||||||
PRINCIPAL BAL | + | FINANCE FEE | = | TOTAL DUE | - | PRINCIPAL PAID | - | FINANCE FEE PAID | = | REMAINING PRINCIPAL BAL | + | NEW FINANCE FEE | = | REMAINING BALANCE |
| $ 100.00 | + | $ 10.00 | = | $ 110.00 | - | $ 50.00 | - | $ 10.00 | = | $ 50.00 | + | $ 15.00 | = | $ 65.00 |
| $ 200.00 | + | $ 20.00 | = | $ 120.00 | - | $ 50.00 | - | $ 20.00 | = | $ 150.00 | + | $ 45.00 | = | $ 195.00 |
| $ 300.00 | + | $ 30.00 | = | $ 130.00 | - | $ 50.00 | - | $ 30.00 | = | $ 250.00 | + | $ 75.00 | = | $ 325.00 |
| $ 400.00 | + | $ 40.00 | = | $ 140.00 | - | $ 50.00 | - | $ 40.00 | = | $ 350.00 | + | $ 105.00 | = | $ 455.00 |
| $ 500.00 | + | $ 50.00 | = | $ 150.00 | - | $ 50.00 | - | $ 50.00 | = | $ 450.00 | + | $ 135.00 | = | $ 585.00 |
| Example 2: Regular Rate | ||||||||||||||
| Customers who qualify for the introductory rate: This example applies to every due date AFTER your first due date. | ||||||||||||||
| Customers who do not qualify for the introductory rate: This example applies to EVERY due date. | ||||||||||||||
(Your Current Balance) | (Your Payment) | (Your Balance After Your Payment Is Made) | ||||||||||||
PRINCIPAL BAL | + | FINANCE FEE | = | TOTAL DUE | - | PRINCIPAL PAID | - | FINANCE FEE PAID | = | REMAINING PRINCIPAL BAL | + | NEW FINANCE FEE | = | REMAINING BALANCE |
$ 100.00 | + | $ 30.00 | = | $ 130.00 | - | $ 50.00 | - | $ 30.00 | = | $ 50.00 | + | $ 15.00 | = | $ 65.00 |
$ 200.00 | + | $ 60.00 | = | $ 260.00 | - | $ 50.00 | - | $ 60.00 | = | $ 150.00 | + | $ 45.00 | = | $ 195.00 |
$ 300.00 | + | $ 90.00 | = | $ 390.00 | - | $ 50.00 | - | $ 90.00 | = | $ 250.00 | + | $ 75.00 | = | $ 325.00 |
$ 400.00 | + | $ 120.00 | = | $ 520.00 | - | $ 50.00 | - | $ 120.00 | = | $ 350.00 | + | $ 105.00 | = | $ 455.00 |
$ 500.00 | + | $ 150.00 | = | $650.00 | - | $ 50.00 | - | $ 150.00 | = | $ 450.00 | + | $ 135.00 | = | $ 585.00 |
OPTION 3: PAY YOUR LOAN OFF
THIS PAYMENT SELECTION MUST BE MADE AT LEAST THREE FULL BUSINESS DAYS BEFORE YOUR DUE DATE. You may pay your loan off on any due date. Your payoff amount will consist of your principal balance and finance charge. This selection can be made by either calling our automated system at (866) 859-6132, logging in to your account at this website, or by faxing your Account Summary to us with your selection marked.
| Example 1: Introductory Rate (Available to first-time customers on their first due date only) | ||||||||||||||
(Your Current Balance) | (Your Payment) | (Your Balance After Your Payment Is Made) | ||||||||||||
PRINCIPAL BAL | + | FINANCE FEE | = | TOTAL DUE | - | PRINCIPAL PAID | - | FINANCE FEE PAID | = | REMAINING PRINCIPAL BAL | + | NEW FINANCE FEE | = | REMAINING BALANCE |
| $ 100.00 | + | $ 10.00 | = | $ 110.00 | - | $ 100.00 | - | $ 10.00 | = | $ - | + | $ - | = | $ - |
| $ 200.00 | + | $ 20.00 | = | $ 120.00 | - | $ 200.00 | - | $ 20.00 | = | $ - | + | $ - | = | $ - |
| $ 300.00 | + | $ 30.00 | = | $ 130.00 | - | $ 300.00 | - | $ 30.00 | = | $ - | + | $ - | = | $ - |
| $ 400.00 | + | $ 40.00 | = | $ 140.00 | - | $ 400.00 | - | $ 40.00 | = | $ - | + | $ - | = | $ - |
| $ 500.00 | + | $ 50.00 | = | $ 150.00 | - | $ 500.00 | - | $ 50.00 | = | $ - | + | $ - | = | $ - |
*Act now and receive our special introductory rate for first time NEW customers on your first loan ONLY! Finance charges are calculated on the basis of $10 per $100 borrowed for each 14 day period, which is equivalent to an APR of 260.71%.
Review by : toptenreviews.com
TenDollarPaydayLoan.com offers 30–second loan approvals and direct deposits within 24 hours. They also offer first time customers a 60% discount on initial finance charges – only $10 per $100 borrowed. The application is slightly more comprehensive than others are and takes just a little more time to complete, but it is easy – just fill in the blanks. The site is easy to use and to find information, they disclose their fees and rates.
TenDollarPaydayLoan.com offers a FAQ page and an email address. We were not able to access the member’s area, so we do not know what contact information may be available there. This site appears to be secure, they employ SSL encryption and “https” was displayed in the URL.
TenDollarPaydayLoan.com offers a great incentive for first time loans – a low fee – after the first loan the fees jump up to the highest fees we have seen. This says to us that they are trying to hook customers with the first loan, however they fail to offer an incentive to use them a second time.
Please Note: We did not actually acquire a loan from any of the services we reviewed. We cannot make any statements about how a service operates once a loan is attained, we merely compared available information.
Rabu, 30 Januari 2008
Payday Loans, Now with a Low-Cost Guarantee!
Do you need quick cash to pay a bill or cover an unexpected expense? Check out PayDay OK! We offer guaranteed low rates and top-notch service. Our customers agree - they recently gave us a 96% customer satisfaction rating*! |  |
| Get started today and join thousands of customers that count on PayDay OK for their cash needs. With PayDay OK, you'll get:
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| * Source: PayDay OK customer survey, February 2006 | |
Review by : toptenreviews.com
This service advertises “half–price loans” and it proves to be true, at $10 for every $100 borrowed for 14 days, they are the best deal online and our “TopTenREVIEWS Gold Award”
winner.
So, before bouncing yourself to the poor house with returned check charges, over the limit or late fees, check out your alternatives. This service may be a good choice to get you out of a rough spot and Payday OK will prorate your fee if you pay off your balance early.
This service provides four different repayment options, including one that's unique to Payday OK. If you do not contact them with a repayment preference, they will automatically deduct a payment of 10% of the original loan amount plus the finance charge due on the due date from you checking account. The loan is then automatically refinanced.
PayDay OK Screenshots. Click to Enlarge
Secure Site:
PayDay Ok appears to support safe transfers of personal information and they are SSL secured. However, since they work with a number of lenders, check for encryption indicators such as the “https” in the URL and the padlock in the right bottom of the screen. Additionally, do not send personal data like your social security number through an unsecured email account.
Ease of Use:
We found the application easy to fill in and submit and they rarely request additional information to be faxed. You receive instant approval or denial and if approved, funds are deposited the next business day.
Depending on your state of residence, PayDay OK will be the lender or they will find a federally insured state financial institution to loan you the money.
There are several repayment options:
- 1. You can pay off the loan and finance charges completely on your next pay date.
2. Pay off the loan finance charges and refinance the loan.
3. Pay finance charges and part principal (in $10 increments) and refinance the loan.
4. Pay the loan back early and receive prorated finance charges.
Cost of Loan:
PayDay OK has the cheapest finance charges of any of the services we looked at—others offer introductory rates but PayDay OK's are the cheapest all around. They charge a fee of $10 for every $100 you borrow, which amounts to an APR (Annual Percentage Rate) of 260.71% based on a 14–day loan. While extremely high on an annual basis—it’s less than half the cost of the majority of the other services.
We could not find any information on how much it costs to refinance or extend a loan, so be sure to check this information out before you agree to a loan or extend a due date.
Their non–sufficient fund (INF) charge is more than other service's at $25.
Customer Service:
Although not perfect in this area because live chat is not offered—PayDay OK does offer several ways to contact them for further information including a FAQ page, email and a telephone number.
Keep in mind that a loan may be offered through a different source and you may be required to work with their customer service.
reviewed by : www.toptenreviews.com
Are you buried in bills?
Payday Loans up to $500! Confidential and Secure Bad Credit Ok No Fax Payday Loans *Need a Payday Loan? Short on cash? Get a Sonic Cash Advance fast!
Payday loans online are made 100% convenient at SonicCash by making it fast, easy and hassle free! Apply now to get your pay day loan fast with the most flexible payment options. In a time of need, SonicCash provides discrete and confidential cash advance services.
| The Online Payday Loan Process | |
 | Complete and submit an online pay day loans application |
| Receive an approval via e-mail |
| Get payday loans of up to $500.00 overnight |
| Cash is deposited directly to your account |
| Your pay day loan is completely secure and confidential |
Apply now to get your next fast cash loan online!
Review by : toptenreviews.com
In a pinch, Sonic Cash can help you get you through your insufficient funding dilemma. This service hosts a secure site, posts their APR information, often does not require faxing and receives our “TopTenREVIEWS Silver Award.”
This payday loan service operates stateside, as Sonic Cash LLC, out of Idaho and upon approval can direct deposit funds into your famished account in less than 24 hours.
Sonic Cash Screenshots. Click to Enlarge
Secure Site:
Sonic Cash appears to operate a secure site that can sufficiently protect your confidential information. However, always check for secure transfer indicators such as the “https” in the URL and the padlock in the bottom right corner of the screen.
Ease of Use:
Sonic Cash has an easy to fill in form; however, they do require references, direct–deposited payroll and a valid email address. As long as all of the information on your application can be verified, they do not require you to fax additional items.
The approval process is quick, often less than one hour or in some cases less than one day. They can direct deposit funds in less than 24 hours.
Cost of Loan:
Sonic Cash’s fees are average, at $20 per $100 for up to 18 days and $20 per $100 for extensions. They allow up to three extensions and charge a $20 Non Sufficient Funds (NSF) fee.
Customer Service:
Sonic Cash offers customers information via a FAQ page, email address, fax number and a telephone number. We sent them an email requesting more information and they responded within an hour.
You can also contact the Department of Finance at 700 W. State Street, 2nd floor, P.O. Box 83720, Boise, Idaho 83720, (208) 332–8000 to find out more about Idaho lending laws. Since they operate out of Idaho, they post on their website that you should be familiar and agreeable to Idaho lending laws before you enter into an agreement with them.