Q:

What are some options for getting quick payday loans online?

A:

Quick Answer

Some highly rated options for getting necessary funds through quick payday loans are 100DayLoans and DayLoansUSA, according to Top Ten Review. These two lenders were rated one and two, respectively, in 2015 in the review's comprehensive rankings of providers in the industry.

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Full Answer

When it approves an application, 100DayLoans can provide a borrower with up to a $1,000 after a brief application process and review of the credit history, explains Top Ten Review. The provider then electronically deposits the funds in the borrower's bank account the next day. Because of federal restrictions that dictate where this type of loan companies can do business, 100DayLoans is not available everywhere in the country, but it does serve clients in a majority of the states. Although borrowers are typically not approved for the highest amount on the first application, once they have established a good repayment history, they can reapply for bigger loans until they reach the maximum allowed to borrow.

NetLoanUSA, like 100DayLoans, is not a lending institution; rather, it partners with a network of lenders that then work with the individual borrowers, reports Top Ten Review. Payment of the loan is due when the borrower receives his first paycheck after acquiring the loan. The terms and conditions of the loan are fully available at the company's website, and customers can contact customer service by phone or email with any concerns.

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