1 Hour Payday Loans
1200 N. Girls School Rd.
Indianapolis, Indiana
317-222-6974
1hourpaydayloansnow.info
1 Hour Payday Loans is a mostly Internet based company that has been in business since 2008. A unique feature of this company is that it is primarily run by just a handful of people instead of a large corporation. This allows them to deal with customers in a more personal way to help you get what you need easier and faster. Indiana residents have a significant payday loan law that limits how much you can borrow to 20% of your gross monthly income and this company will make sure you don’t end up paying additional fees or interest rates that violate that law.
What They Offer
1 Hour Payday Loans offers all residents of Indiana the ability to get a short-term loan quickly and easily by using their online application. Some companies require a lot of faxing and phone calls but this one pretty much has you complete the application then simply wait for their customer service reps to call you back to finalize everything. This entire process is typically completed within one hour from the time you fill out the application.
To qualify for a loan with 1 Hour Payday Loans, you need to be 18 years old, have an active checking account and have been employed for at least one month. They only work with US residents.
Where They Are Located
1 Hour Payday Loans has a few offices in Indiana but people all over the US can use their services. With internet access so easy to come by, it’s not hard to be able to use their service via a PC or even a cellular phone that has a web browser built in. The website doesn’t have a lot of flashy images or unskippable videos that will take up your phone minutes so even older phones and prepaid models should be able to access the site easily.
Rates/Terms
1 Hour Payday Loans abides by all the current Indiana regulations. The maximum amount you can borrow is $550 but Indiana only allows you to borrow up to 20% of your gross monthly income. This means if you make $1000 per month, you will only qualify for $200 in a single payday loan unless you have some other form of verifiable income such as alimony or child support.
The interest rates for Indiana are very reasonable and get lower the more you borrow. If you borrow $200, you’ll have to pay back $230 and if you borrow $400 you’ll have to pay back $440.
Additional Info
1 Hour Payday Loans provides a lot of information on their website including many testimonials from previous users. Testimonials are a great way to get a feel for any type of company and when it comes to financial matters, it’s definitely worth taking some time to check them out. Odds are if a lot of people have had a good experience with a company, they are pretty reliable. You don’t always have to accept a specific lender that you’re matched with so if you are uncomfortable with one, 1 Hour Payday Loans will find you another.
