Read June 2018 reviews of top payday loans before you apply
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Short term loan reviews June 2018

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What details should you be looking for when comparing payday loan reviews?

Browsing lenders to find the right short-term loan for you–one that isn’t given by a predatory lender–can be tiresome when all you want to do is get a quick fix for a financial emergency.

That’s where payday loan reviews come in. Here on finder.com, you can browse dozens of reviews for both direct lenders and lender-matching services. You can compare lenders based on your needs and find a reputable business to help you during a crisis.

Read on to find out what you need to know when reading reviews.

LendUp Payday Loans

LendUp Payday Loans

Apply for a payday loan conveniently online and borrow between $100 and $250.

  • Minimum loan amount: $100
  • Maximum loan amount: $250
  • Turnaround time: generally receive the money the next business day
  • Loan term: 7–30 days
  • Good credit not required
  • Confidential and secure
  • Accepting new applications in the following states only: CA, LA, MS, MO, OH, TN, TX, WI

    Why should I read a short-term loan review?

    There are dozens of short-term lenders across the country. Many are trustworthy and follow state laws to the letters. Others are predatory and use payday loans as a way to take advantage of others. By reading reviews, you give yourself the chance to learn about a company before applying, saving yourself time and, potentially, money.

    A good review covers the benefits and drawbacks of the lender without too much bias. If the review is too positive or negative, watch out. It could be someone paid to leave a good review or someone with bad budgeting skills leaving a bad one. The more moderate a review is, the more trustworthy it is.

    If you think there might be a chance the lending company you’re looking at is a scam, check with your local government. Many states require a license to operate a payday loan business. If they’re legitimate, they’ll have one.

    More ways you can tell if a loan is legit or not

    Reviews of top short-term loan lenders

    ReviewNotable feature
    LendUpFast application process and quick approval
    OppLoansHigh maximum loan amount of $4,000
    Check Into CashOption to apply online and pick up your cash in-store
    Check CityMultiple repayment options, including electronic withdrawal from bank account and paying by debit card over the phone
    CashNetUSAQuick approval and fast funding
    ACE Cash Express72-hour satisfaction guarantee to change your mind and return the funds with no penatly

    What can you find out from a short-term loan review?

    A good short-term loan review gives you all the information you need to make an informed decision and should cover these aspects:

    • Interest rate and APR. While you have to pay interest on a short-term loan, the APR represents the true cost. It includes the interest as well as all associated fees. The amount varies considerably from one lender to the next.
    • Fees. short-term loan reviews should give you a clear indication of all the fees and charges you could end up paying over the course of your loan, including financing fees, ongoing fees and fees you might have to pay if you miss a payment.
    • Access to funds. Some lenders only operate online, meaning you’ll have to provide a bank account so the lender can deposit the money directly. If you want to pick up your money in cash or as a prepaid debit card, you’ll need to find reviews of lenders who have storefronts.
    • Repayment options. There are a number of ways you can repay a loan, but some lenders don’t allow all of them. Read reviews to find out what the company you’re looking at prefers. Keep in mind that some lenders also charge a fee for early payment.
    • Application process. A good review should tell you how simple or complicated the application process is and how long it might take to complete.
    • About the lender. Reading a short-term lender’s review should give you some idea about the company’s history and the other products the lender offers.

    Compare short-term loan lenders

    Rates last updated June 20th, 2018
    Unfortunately, none of the short term loan providers currently offer loans in your state. Learn more about short term loans in your state to find an alternative.
    Name Product Product Description Max. Loan Amount Turnaround Time Requirements
    Check into Cash Payday Loan
    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.
    $1,000
    1–2 business days
    You must be at least 21 and an American citizen and have a bank account, email address and phone number.
    LendUp Payday Loans
    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.
    $250
    generally receive the money the next business day
    Be 18+ years of age and have a checking account that can accept electronic transfers.
    CashNetUSA Loan
    Apply for a short-term loan with an easy online application and dedicated customer service.
    Varies by state
    1 business day
    You must be a US citizen or permanent resident, be at least 18 years old and have regular income and a bank account.
    ACE Cash Express Payday Loans
    Quick payday, installment and title loans with no prepayment penalty and a 72-hour satisfaction guarantee. Funds can be loaded on an ACE Elite™ Visa® Prepaid Debit Card.
    Varies by state
    Generally receive the money the next business day
    Must be 18+ years old, have a steady source of income and a checking or savings account. Must not be a debtor in bankruptcy.
    LoanByPhone Payday and Installment Loans
    This mobile lender offers convenient cash loans. Apply online or by phone.
    $3,000
    1–2 business days
    Must be 21 years old and have a Social Security number, a regular source of income, a valid email address, an active checking account and a phone number.
    BadCreditLoans.com
    With straightforward, simple qualifications, these loans offer easy approval for people with poor credit.
    $5,000
    Varies
    Depending on lender requirements, people from all 50 states may not be eligible for a personal loan.

    Compare up to 4 providers

    How can I use reviews to find the right short-term loan?

    Going through short-term loan reviews or consumer reports can help you narrow down your choices. Pay attention to these factors:

    • Eligibility criteria. If you don’t meet the required eligibility criteria, there’s no point in applying, and doing so might damage your credit rating. Checking the eligibility criteria ahead of time minimizes the chance of a rejected application.
    • Loan amount. Find out the minimum and maximum amount a lender is willing to give to be sure you can get the exact financing you need. Some lenders set high minimum amounts so you have to borrow hundreds of dollars to be considered.
    • Repayment method. Most lenders allow payments via direct debits from your bank account, but this can be bad if you don’t have the money in your account to repay. If you wish to repay the loan using cash or check, you have more limited options since you’ll have to go to a storefront location.
    • Additional features. Does the lender offer any additional features that might be of use to you? For example, some lenders offer higher loan amounts and better interest rates to repeat borrowers.
    • Money processing. If you need money soon, you’ll want to read reviews about lenders with storefronts. Online lenders can approve you quickly, but it will usually take one or two business days for the funds to reach your account.

    Are payday loans available in my state?

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    US Payday Loans Offers

    Important Information*
    Slam Dunk Loans

    Potentially get approved for a short-term loan through this lender-connection service, even with poor credit history.

    LendUp Payday Loans

    LendUp offers $250 loans for first-time borrowers. Good credit is not required. Visit the site to see if available in your state.

    Check into Cash Payday Loan

    With 1,000 branches in 30 states, get $50 to $1,000 in days from this direct lender.

    OppLoans Installment Loans

    Installment loans with competitive rates from a top-rated direct lender.

    Go to site