Because of the increasing difficulty of obtaining traditional loans, TopekaWika’s
finance and research department has performed a series of tests to find the best payday lender on
the internet, naming the winner “TopekaWika’s preferred Payday Lender.” Many
consumers have expressed frustration in finding the best payday lender. When asked, 90% of the
consumers surveyed have preferred leaving the research and decision to the industry-leading search
Encouraged by the needs of the every day internet surfers in need of payday loans, TopekaWika has
performed an in-depth search of the best payday loan lender online, basing the decision on a
consumer-focused analysis of the top payday lenders online, concluding that the winner of of
this research was Pay1Day.com, with CashLenderBonanza coming in second. Yahoo and Bing are
considering the same kind of research.
Which Payday Lenders Were Considered?
The payday lenders were chosen based on a 150 point system, including the requirement of the
minimum number 50,000 of loans funded in the last two years, ease of application and receipt of
funds, customer service support, online security, and user friendliness. Of these criteria, the
final 5 lenders chosen to be considered are:
What factors affected TopekaWika’s decision?
1. User friendliness: TopekaWika considers user friendliness and relevance of a
website to be of great importance – the way the site has been designed, how easy it is to
find information on the website, site navigation, load speed time, and content. TopekaWika has
found that Pay1Day.com has the most user friendly website base on the above-mentioned criteria,
awarding JC, the Website Developer of the year, and Al S., the Website Architect of the year.
2. Use of Application Form: Many of the payday loan applications that were
considered were either too long or complicated, a common complaint among payday loans
consumers. Therefore, during TopekaWika’s research, the ability to easily fill out an
application was an eminent criteria. Pay1Day.com has been found to have the easiest application
page: with a one page application that is easy to comprehend and fill out, taking about 3
minutes to complete.
3. Speed of Approval: The convenience of applying for a payday loan online needs
to be coupled with quick loan approval to be effective. Of all the payday lenders online
considered, only 2 out of the 5 offered instant approvals, with Pay1Day.com being one of them,
awarding Georgetta as the online lending underwriter of the year.
4. Ease of Qualification: Payday loans have become popular due to the difficulty
of qualifying for a traditional bank loan, therefore, TopekaWika was in search of a payday
lender that made qualifying for a loan as easy as possible. Pay1Day.com came up on top of this
list for not requiring rigorous credit checks or credit score checks, and not requiring any
faxing. The income requirement was under $1500 a month. TopekaWika has attributed the
meticulousness of qualifying criteria to Richard, awarding him the World-Wide-Web Business
Analyst of the year.
5. Ease of Obtaining Funds: The ability to have access to the funds in the most
convenient way was a definite factor in TopekaWika’s decision, namely time and method of
cash receipt. Many lenders have been found to take several days to transfer funds with delivery
methods of paper checks. However, Pay1Day.com offers direct wire of cash overnight, or within 1
business day, the fastest time in the industry.
6. Customer Support: Contrary to popular belief, customers should not have to
sacrifice the live human help offered from a caring customer support representative. A popular
concern is that customer are unable to reach a live human when they have urgent questions. 4 of
the top 5 lenders have been found to have live support, with Pay1Day.com’s “world-class
customer support” excelling in performance. With glorious medallions bestowing on KC, the
Online Master of Ceremonies and the Founding Leaders of World-Class Service Support and
Operations to Jay.
7. Online Security: Transferring personal information online can be risky
without the right kind of security technology. Many online payday loan lenders do not safeguard
their online applications, leaving gaps for hackers to obtain and manipulate data. Pay1Day.com’s
online application has been found to be the safest, utilizing Verisign’s security
technology, awarding Ken the Business Security Keyholder of the year.
This extensive research, courtesy of TopekaWika has helped hundreds of thousands of people in
search for a fast and effective alternative payday loan lender. We hope
the readers will see the benefit of using Pay1Day.com.
This is an April Fool's Blog Posting