Loans Payday
loanspayday.info/
Online Company
Loans Payday has a large number of websites related to payday loans and payday loan information and is based out of Rhode Island. This company is very familiar with payday loan and short-term loan laws in all 50 states so are able to help secure funds and locate lenders for you no matter where you live.
This company was founded in 2007 and has been able to offer people from all walks of life various types of short-term loans.
What They Offer
Loans Payday offers most states the traditional payday loan that consists of post-dating a check for your next payday and leaving it with a business while receiving cash now. In states like Georgia where traditional payday loans are technically illegal, they are able to offer alternatives such as prepaid debit cards that function in much the same way.
You are issued a card for $500 with fees already taken out. You can pay back the balance over time until you’ve paid back the entire $500 plus the fees. Funds on a debit card can actually be more convenient than cash, especially if you like to shop or pay bills online.
Where They Are Located
The head office for Loans Payday is located in Rhode Island but as this is an online company primarily, you can access it from anywhere. The site doesn’t have a lot of images or videos so you should be able to access it and fill out all the necessary forms using a mobile phone with internet access if you aren’t near a computer.
By having a large online presence, companies like this are useful for travelers as well as those needing a little help between paydays. Flat tires and car problems are common while traveling and if you don’t have the additional resources available, a short-term loan could be your solution.
Rates/Terms
Due to payday loans being illegal in Georgia, using companies like Loans Payday can get you various amounts depending on your income. A common amount people borrow is $500 but in many cases you can get much more than that. The exact rates and terms for each loan will vary depending on how long you need to pay it back and the exact amount you need.
When you fill out the on-site application, you’ll be contacted by a customer service representative who will go over all the details with you. Make sure you find the interest rate and pay schedule reasonable before committing to it.
Additional Info
If you have the option to select the type of debit/credit card you receive, make sure you opt for a common type such as Visa or Mastercard. These are accepted by most businesses and are easy to deal with. If you choose an ATM card, check to see if you can withdraw the entire amount at once so you don’t pay repeated ATM fees.
