The Payday Place
thepaydayplace.com/
Online Company
The Payday Place is very similar to typical online payday loan companies. They don’t lend you funds themselves but instead act as a go-between for you and a vast network of lenders. This can potentially save you a lot of time if you’ve ever been rejected for a short-term loan or have had some problems keeping a positive balance with your checking account. This company understands that not everyone can be in a stable employment situation all the time and is willing to work with you no matter what your current financial status or where you’re employed in Hawaii.
What They Offer
The Payday Place works by finding you payday loan lenders that will work with you in the state of Hawaii. They don’t have a lot of extras like debit cards, prepaid phones or membership plans and instead put all their effort into finding you the perfect lender for your situation and income.
The website has a lot of useful information available and while it isn’t all relevant to Hawaii residents, the general articles about payday loan differences, budgeting options and “how to” articles are a must read if you find yourself getting payday loans frequently.
Where They Are Located
As The Payday Place is a 100% online company. The site is run from Arizona and works with lenders and borrowers in all 50 states, even states with very strict regulations imposed. Hawaii is fairly liberal about payday loans and have lots of companies on each island so you should be connected with one that’s very close to where you live.
When you’re matched with a lender in Hawaii, you can choose to visit them in person but most people simply would rather do the entire process online. Many lenders will allow this in Hawaii so you don’t have to island hop or spend any extra money traveling to a physical location.
Rates/Terms
The payday loan company you’re connected with will be licensed and fully researched by The Payday Place. The maximum you can borrow in Hawaii is $600 and you’ll have to pay it back in full before 32 days goes by. The amount of fees you’ll have to pay will vary depending on the lender you use but on average you’ll pay $17.65 on every $100 borrowed plus the individual lender’s processing fees which are usually 15% or less in Hawaii.
If you feel like you won’t be able to pay back your loan in time, contact the lender you’re using as soon as possible so you can make alternative arrangements before you end up with a negative bank account and tons of fees.
Additional Info
The videos, articles and blogs available on the Payday Place website contain a lot of beneficial information. You can look them over before deciding on a loan amount or to learn more about payday loans and the current regulations in Hawaii.
