In this Review of PaydayMax Ltd., we introduce a new player into the game that we will be covering regularly. This player goes by the name of Payday Loans! PaydayMax Ltd. is a payday loan company. Now for those of you who don’t know what a payday loans company is, I will tell you. A payday loan is a relatively small amount of money lent at a high rate of interest on the agreement that it will be repaid when the borrower receives their next paycheck. So these places are really only for the truly desperate who need fast cash. What people forget is that payday loan companies are businesses. If given the chance, they will suck the life of your bank account. You wouldn’t believe some of the stories we’ve heard over the years. In certain situations people have been charged close to 100% interest. I bet you they learned their lesson after that.

PaydayMax Ltd. has an F rating on the BBB, and numerous consumer complaints regarding the service that was given. I think you really have to go the extra mile, when you’re a type of company that people already don’t like, to get such hate from consumers. Many consumers said they had to deal with really rude people, who just no had patience at all. They said the level of unprofessionalism and hostility was through the roof! That’s not what you want to deal with when you’re in a tight spot. My goodness, you’re already essentially robbing these people, you could at least be nice about it.  Now, not all payday loan companies are seeking to rip you off. There are some companies who probably charge you a less cut throat interest rate, and will maybe even smile and welcome you when you enter their establishment. Unfortunately PaydayMax Ltd. isn’t one of those companies.

In this review of PaydayMax Ltd., The CFRB Gives this payday loan company a 0 star rating, and would like to issue a “warning”. Check Our Resources page for a list of trusted companies like Signature One Capital, which have received 4 stars or better. Check Our Reviews page for more insight into trusted companies like Signature One Capital.

Thanks

Staff Writer