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Question: Do you have any information on those online cash loan services?

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Question : Do you have any information on those online cash loan services?
Have you ever applied for one of those online cash loans? You know..the ones that say that they will deposit the money into your checking account by the next day? I'm looking for someone who actually has done this. I'd like some feed back both positive and negative.
- asked by matteo's mommy

All Answers:
Answer #1
First, SERIOUSLY consider all your other options. Even the best pay day loan sites are hellaexpensive. www.paydayone.com is a service thatI've used. They have the cheapest intrest ratesthat I could find. $1 per $100 borrowed per day. So for a 2 week, $500 loan, you pay them an extra$70. This is certainly cheaper than a place likeAdvance America or Check into Cash. Withpaydayone, I think they start you out with amaximum $300 loan. You have to have a bankaccount, but they don't require you to fax in anypaperwork, like bank statements. Apply for yourloan in the morning, and the money should be inyour account by the next business day. Theyautomatically withdraw the money from your accounton your due date, so make sure you'll have themoney in there on that day! Good luck!
- answered by cherripepe




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