Payday One
P.O. Box 101808
Fort Worth, TX 76185
Payday One is a direct provider that is licensed in Texas and many other states. This company has been processing online pay day loans for nearly a decade. One special feature they offer is their “Great Rate Guarantee.” This guarantee means if a customer finds a different lender with lower prices, Payday One agrees to match the other lender’s rates.
While Payday One assists customers in many states, they are clear they abide by the laws of the state where each customer lives. In Texas, a 14-day, $100. loan carries $0.38 interest. The Credit Service Organization fee is $22.50. The APR is 596.51%. This means you will pay a total of $122.88 when your repayment is due. The maximum amount you can borrow from Payday One is $1500.
Payday One does not have many requirements for eligibility. You must have a verifiable income. The company does not state a minimum monthly income. The information you provide on your application, and information about any prior loans, may be verified.
Your banking history is an important part of your eligibility for a pay day loan. Within the last thirty days, your bank account must not have had any overdrafts, negative balances, returned checks, or transactions for nonsufficient funds.
If you are interested in requesting a pay day loan from Payday One, begin by filling out the online application. If the loan is approved, you will receive your funds the following day. However, if you accept your loan on a Saturday or Sunday, you will receive the money on Tuesday. If there is any reason Payday One cannot fulfill your request for a pay day loan, they will try to help you find an appropriate lender. In these instances, the terms are up to the lender.
A pay day loan is due on the borrower’s next pay date. Payday One offers three standard options for repaying loans. It can be repaid in full on the due date, refinanced by paying the fees and interest, or refinanced by paying 10% of the loan principal with the fees and interest. If you need to refinance, it can be done no more than four times.
Borrowers who want to use Payday One for their pay day loans start by registering for an online account at Paydayone.com. This feature allows borrowers to keep track of everything pertaining to their pay day loans. Customers who have any questions about loans can contact Payday One by email, telephone, or standard mail. You also have the option of both live and automated customer support at any time of the day or night.
When you are a customer, you may want to refer other people to Payday One. If you refer someone, and he or she applies for a loan, you will receive a bonus of $50. This bonus only applies to people who use your personal referral link. There is no limit to the number of people you can refer.
