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There are a lot of payday loan companies out there, however, did you know that most of them are third party lenders that are actually brokers for direct lenders? Some third party lenders do a good job, however, because they are a middleman, most of them charge higher interest rates and fund slower than a direct lender. In addition, many of them tend to overpromise and under-deliver by promising high sums of money within a short period of time – “Get $1500 in 1 Hour – No Faxing – Bad Credit Is OK!” – Sounds familiar? And then after applying for a payday loan, your online application seemed to disappear into cyberspace with no customer service support, no company address, and no company contact information. Or if you do get some kind of approval, it’s only for $200 or you found that you were denied without knowing for what reason. Or, you never hear from that company ever. Does that sound familiar?
With a direct payday lender, you know that you are dealing with your principle company directly and is more likely to deliver what they promise you – this is in addition to having a corporate address, customer service phone number and set company hours. When looking for some last-minute cash in trying times, having peace of mind is priceless.
When looking for a payday lender, make sure to get the best service by working with a direct payday lender that can provide convenience, security, customer service, and fast response time - like a no faxing 1 hour payday loan.
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