EZ Loan$
5 Liberty Plz
Harrington, DE 19952
(302) 398-0700
ezloansdelmarva.com
EZ Loan$ is a company operated from PA but functions in Delaware and Virginia only. When a company specializes in just one or two states, this is a great indicator that they are very familiar with the laws there and choose to remain up to date in a smaller area. This can often guarantee you a more personal loan experience with people who are familiar with where you live and the ever-changing payday loan laws and regulations there.
This company understands that emergencies can arise and you’ll need money immediately. They also understand that people are only human and it’s nice once in a while to have a little “fun money” to enjoy the fruits of their labor a bit earlier than waiting for their designated work vacation time. The official site says in many cases their fees can be up to 65% less than larger, more prolific payday loan companies.
What They Offer
This company offers the traditional type of payday loan that most people are familiar with. You borrow X amount of money and have Y amount of time to pay it off. In Delaware, the maximum amount is $500 but you can often borrow more by using a differently named loan that doesn’t have the word “payday” in it. 60 days is the maximum amount of time you have to pay back an average payday loan but again, this can be altered greatly depending on how much you’re borrowing and other factors such as your monthly income.
This site also offers personal unsecured loans of up to $3000 to help those who have a tarnished credit record but are in dire need of cash for bills or purchases. You can find out more about this type of loan by contacting this company directly.
Where They Are Located
The headquarters of this company is in PA but they have dozens of physical offices between Delaware and Virginia. There is a handy store locator on the website to help you find the office closest to you. Of course, you don’t need to visit a physical location in most cases. You can either call their toll free number or simply complete the application online before speaking to a customer service representative.
Rates/Terms
For Delaware residents, this company has some of the lowest rates in the state. For every $100 you’ll pay back an additional $20 so if you borrowed $400, you’d pay back $480. These rates are based on a 14-day payday loan so if you choose to take advantage of their other loan services, you may pay more or less depending on what you select and factors such as how long you need to pay it back.
Additional Info
Unsecured personal loans, while very tempting, are often very difficult to get and can have extremely high interest rates. Even if you have six months to pay it back, it can often be beneficial to pay it off much sooner. This improves your relationship with the lender and also helps you secure additional funds with ease later.
