subject: Payday Check Advance Comparison - How To Locate A Legitimate Payday Check Advance Lender [print this page] When you compare payday check advance lenders online it ensures that you will find the best market rate available. Payday check advance lenders are forced to lawfully provide accurate rates of interest they charge so you can easily compare lenders.
Find Interest Rates
The first point to compare amongst payday check advance lenders is interest rates. While payday loans are short-term loans, usually only lasting two weeks, the Truth In Lending laws require payday loans and cash advance loans to be posted by APR. All this information should be included on the payday check advance lenders website's disclosure statement.
Ask for Special Discounts
Fees besides the interest charge also add to the cost of the loan. Some payday check advance lenders simply have a flat financing charge, while others include a processing fee. Fess should be disclosed along with financing fees, so you can quickly compare the loans true cost.
Compare Lender Terms
Try to pay back your cash advance on your next pay day if at all possible. It is wise to be somewhat familiar with payday lending before talking to a lender. Most lenders allow you to make a minimum payment of just that periods interest charges, but it is best to have it in writing. Also, research the fees you will accrue with delayed payments.
Fill Out One Online Application and Get Multiple Quotes
You should be able to get instant feedback on whether or not you qualify. The application process is much faster online than retail payday stores. The only information required is your personal contact information, banking information, and your employment history. There is no credit check for a payday check advance. You can literally receive up to $1,500 within 24 hours if you are approved.
With all of the payday check advance lenders out there it is important to find a trusted lender as there are some lenders who will prey upon desperate consumers and charge absurd interest rates. I you need quick cash and would like to get a payday loan then I would strongly recommend that you get multiple quotes so you can compare online payday lenders. This is the most convenient method to getting the lowest rate on your payday loan.
For a payday cash advance loan lender that has consistently provided competitive rates check out this link:
