In this review of PayDay Money Centers we take a look at a company that has received some pretty great reviews. To be clear, this is 3 locations under one name. Some found it to be rather confusing because the “S” at the end of name on their logo is a cash symbol. So I thought I’d just clarify. I always like to highlight Payday loan companies that area honest and doing good towards the people of the community. There’s a growing a need for more of these kind of centers. we live in an age where we can offer these kind of services to the public. Which is remarkable, when you think about it. Some might call it the age of Miracles, but I just call it progress. You probably couldn’t have these kind of services back in the days of the old west, when everything was kill or be killed and nothing could actually be recorded in a public record. At least not financial loans. I mean, sure, if you borrowed money from someone, they’ll obviously record to protect themselves, but it won’t go on your public record and tarnish you. Forever keeping you from ever taking out a loan again. I guess it’s a little bit of a double-edged sword, but in a way it sort of has to be in order to function properly.

 

PayDay Money Centers Review: Introduction

In Reviewing PayDay Money Centers we found that Payday Money Centers has been serving Southern California since 1997, opening its first store in Downey, California.  They offer financial services at prices unmatched by others with the highest level of integrity and privacy. Payday Loan Money Centers focal point is to serve consumers who seek alternatives to conventional banking relations in order to gain expedient and instant access for their financial needs. years in the business have taught them how to provide fast and friendly service and, most of all, the best value for your money. At least that’s what they say. I can’t personally confirm that. I’ve never actually been a customer of theirs. Our. Their goal is to exceed your expectations and pretty much lave you blown away. It looks like their doing too. The Better Business Bureau has them list with and A+ rating. Which is no easy thing to accomplish. I know great companies that have like a C rating on the BBB. So in order for you to get an A+, you have to meet them at every single thing that they require. So I give Payday Money Centers props for achieving that.

In Reviewing Payday Money Centers, I found that they have quite a number of services and loan types that they offer. Pretty Much everything from Personal loans  and Auto Loans to Mega Loans. Which I’m assuming is for large projects of some sort. They can even hook you up with net spend. Which is a service that I have actually never seen a regular pay loan company offer. If you’re wondering what sets this company apart from other payday loan companies, it’s probably that. Netspend is one of the leading providers of re-loadable prepaid debit cards and prepaid debit card services in the United States. NetSpend enables virtually anyone to make purchases, pay bills, secure reservations, and shop online without the need for a bank account or credit history.

For people who do not have credit histories or minimum account balances, this is your answer. Many can benefit from the services NetSpend has to offer from teenagers to senior citizens.  The key to the method is the simplicity and easiness.  Through NetSpend one can avoid confusing fee structures and statements, teens can manage their allowance, and travelers can protect their cash on the go; NetSpend is the Solution.

 

PayDay Money Centers Review: Web Presence

In Reviewing Payday Money Centers, I found that they have actually quite a strong web presence. Which I found to be rather surprising for a company that has been around as long as they have been. Then again, I guess there amount of time in business, could be one of the things that attribute to their dominance in the online community. The first thing that pops us are links to their website (Which I will get to in moment), Links to positive reviews from places like yelp, links to webpages specifically for their individual locations, and even a map to their three different locations spread out through Southern California. Which looks really great and sort of adds to the trust element every company strives to achieve. I always like to say that first, you have to get people to click on your website, before they can even consider the services you have. The fact that you can not only find their website, but some trust is instilled within you towards them, says a lot about what this company has achieved in the past 18 years. It also says that they have a great SEO manager of some sort.

The Website itself, is a completely different story. I’m going to be honest with you guys; it doesn’t look very pretty. In Reviewing PayDay Money Centers,  I almost wanted to click away and go find something else to review. I know Ultimately it doesn’t matter, but I think that visual stimulation is a big part of attracting a possible consumer. That and making the website user-friendly and informative. Which on those counts there did very well. It’s remarkably simply and the information is right in front of you. To be honest, I wasn’t expecting to see a super shiny and clean webpage, simply because they’ve been around for almost 20 years, and that’s probably when they made the site. The internet looked a lot different than. You’re probably wondering why I even care what the site looks like, right? It’s not about creative style point. It says something to me when you see an older company with a great looking site. It says that they are alert and aware of what they need to be successful in this ever advancing world. It means they can adapt. In any industry, it’s adapt of die. Always has, and always will be.

 

PayDay Money Centers Review: Testimonials

In Reviewing PayDay Money Centers we came across a number of consumer testimonials that we think could be rather useful to you. One Consumer said, “Absolutely thrilled. Ran down this place I went in stressed out and came out relaxed. I walked in to be welcome by Brian and his employees gracefully helped me with a loan that lifted all my stress. The whole payday money loan was a life changer for me and they did it with such dignity….. thank you for that I will return again” Another said, “I couldn’t be more happy with Payday Money Centers. They saved me in a crunch. I got an answer within minutes and recieved the funds the very next day direct deposited into my account. I was able to set up payments electronically. Thank you Payday Money Centers. ” Now keep in mind that these reviews are positive. These positive reviews highlight a couple of things that really stood out to me. The first would be that they made the customer feel comfortable and relaxed. They took care of him. The second would be the fact that they understand that people who come in are usually in a mind, and need cash as soon as possible.

Here’s some negative reviews we found while reviewing PayDay Money Centers, for the sake of contrast. One consumer said,”I couldn’t believe that I got turned down by these guys because they said I already had other payday loans out. If that were true, I wouldn’t need to get a loan in the first place! How can I fix something that doesn’t exist?” Another said, “I thought they were okay. Not impressed and not put off by this company. I don’t know if a payday loan company is really capable of making me excited to go back. They are just a neccessary evil in those times of dire need. If you must get a payday loan, these guys are a safe no hastle solution.” The First negative one was written by a person who didn’t even know they had taken out another loan. How do you not know that you have taken out another loan? That simply makes no sense. Unless you were struck with amnesia or something. The second one wasn’t really even all that negative. The consumer just wasn’t all that excited about company. which is understandable. PayDay Money Centers is great, but probably not a lot of people’s first choice.

 

PayDay Money Centers Review: Basic Information

Here’s a list of the basic Questions and answers we came across while reviewing Payday Money Centers. that will hopefully prove helpful in your quest. It’s so easy to get caught up in all the fluff that a lot of companies put out there for consumers to lure them in. It can be hard to get answers from the company. Sometimes they don’t want you to know things until you have the pen in hand and you’re ready to sing your contract. Which is remarkably deceptive, and good people are taken advantage of every day. I’m not say PayDay Money Centers is doing that, I’m simply making a point.

How Do Payday Money Centers Work?

Payday Money Centers offers small loans to people with bad or no credit. Borrowers can download the loan application online and fill it in at home, but they must visit a Payday Money Center to collect their money. Eligible applicants can pick up their money immediately.

What Are The Interest Rates at Payday Money Centers?

As with most payday loans, the cost is calculated as a one-time fee. For instance, a $50 loan has a $8.80 fee, while a $255 loan has a $45 fee. This is the equivalent of 214% or a 460% APR, depending on whether you choose a term of 30 days or 14 days.

How Are Payday Money Centers Better Than Other Lenders?

Payday Money Centers has over 18 years of experience offering fast loans to people with bad or no credit. The rates are high but competitive when compared to the fees charged by other payday lenders. It has 19 locations throughout California, so Californians are likely to live close to one of their stores.

How Much Money Can I Borrow From Payday Money Centers?

Under California law, the maximum a consumer can borrow in a payday loan is $300. This includes the loan fee, which is a maximum of 15% the loan amount. Payday Money Centers charges the maximum 15% on loans, therefore it can only provide loans of up to $255.

What Is the Application Process Like at Payday Money Centers?

Applicants must complete a short form requesting their name, address, employment, income and attach a recent bank statement, proof of income and proof of residence. The form can be downloaded online but it must be filed in person at a Payday Money Center location.

 

PayDay Money Centers Review: Conclusion

After Reviewing PayDay Money Centers, I can honestly say that I would probably recommend them. They seem like an honest company that really is trying to maintain some validity to the PayDay loan industry. Which is no easy task when most of the payday loan companies out there are just scams trying to take advantage of good people in touch situations. so go check them out and do some research of your own. they may be great, but you have to decide if they are the right fit for you or not. If there are, then great! If they aren’t, that’s okay too. In this PayDay Money Centers Review, the CFRB gives this Real Estate Company a 3 star rating. Check Our Resources page for a list of trusted companies, which have received 4 stars or better. Check Our Reviews page for more insight into trusted companies. Check our site for other  Life Insurance reviews. its great place to become more knowledgeable about the world of finance, and will shed some light on some of the scams out there.