The Best Payday Loan Provider.

Discussion in 'Credit Talk' started by loantips, Sep 28, 2006.

  1. loantips

    loantips Banned

    Which Payday Loan Provider is the best?
     
  2. JimG

    JimG Well-Known Member

  3. ontrack

    ontrack Well-Known Member

    Who exactly is this? In what state are they located, at what address?

    Their site has no information on the company, or where it is located. BBB shows only skimpy information on GW Financial in MI, one of which is out of business, and one of which they only opened a file on in July, and for which they have no information.

    One complaint shows up in general web searches.
     
  4. JimG

    JimG Well-Known Member

    I believe they are in Utah.

    I needed $500, faxed them some info. and the money was there the next day. It cost me about $70/month for the loan until I finally got it together and paid them back.

    All I can tell you is that it was hassle-free and never had a problem with them.

    They certainly made some money off me, though. I think it took 4 months to pay them back, so it was $280 to borrow $500 for 120 days. That's absolutely moronic, but if you're desperate it works.
     
  5. ontrack

    ontrack Well-Known Member

    168% APR? Yes, that is moronic.
     
  6. ontrack

    ontrack Well-Known Member

    The question remains:

    Why would you send your SSN and bank account numbers to a company you cannot physically locate and verify the legitimacy of?

    "I trust you...
    You trust me...
    We do payday loans, you'll see!
    ..."

    (Sung to the Barney song.)
     
  7. gib

    gib Well-Known Member

    There is no "best" payday loan provider. They are bottom feeders preying on the neediest of people.
     
  8. msthang77

    msthang77 Active Member

    They all suck but I have used mycashnow.com
    If you borrow $150 and pay it back in 2 weeks, it cost about $30.

    If you can borrow from a friend.


    Good luck
     

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