Tips for Choosing a Payday Loan Company

We know very well that pay day loans are definitely a gamble. You’re in a tight spot, you need fast cash, and you’re not really thinking about later repercussions. Then, enters the pay day loan companies. They’re enticing and sweet talking, and all you’re seeing is a way out of your current situation. So you take the plunge, and then WHAM! You find out they’re the devil in disguise. Kind of reminds me of that old Elvis Presley song. You’re hit with fee after fee, and ridiculous hidden charges. Then when you can’t pay, they come at you like angry villagers with pitch forks. Now, not all are out to trap you, but from what we’ve seen a portion of them are. So how do you know how to pick a good pay day loan company to get you out of a bind, and not put you in another one? Today, we’ve got a few tips for you. Things you should carry with you, in search for honest companies.

The first tip would be to check If the company doesn’t have a physical address or phone number. This tip is more for people who have received promotional details through email. This is how scammers are working today. If the URL doesn’t match the company name, don’t click anything. The second tip is to look out for a company offers guaranteed approval. If they are offering that, they are most likely not telling the truth. It’s just a tactic that is used to real in people. The Third tip is to check them out online. This is probably the most important. Read what other people have to say. This will influence your decision process the greatest.

If you want to be really thorough contact the Department of Financial Institutions in your state, to see if the service is licensed to operate in your state and to inquire if any complaints have been made against them. This is a sure fire way to see if you’re at risk of being scammed or if the company is just no good.

There you have it, folks. A few tips on how to find a good payday loans company.  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


Staff Writer

American Student Loan Debt Solutions LLC Review

In This American Student Loan Debt Solutions LLC review, we take a look at a company that specializes in student loan debt consolidation that has some mixed reviews. Some people have great things to say, while others are shaking their fist, demanding their money back. So we thought we’d bring you all of our findings, and let you decide for yourself. American Student Loan Debt Solutions LLC is a company that really tries to go above and beyond the regular consumer experience. They celebrate individual success, but operate under the belief that everyone is equal. So nobody gets special attention for having more money. Which is good. There’s a sense of integrity engrained within the company.  So what’s the issue with the company?

We found complaints about the companies warranty/guarantee policies mainly. One consumer stated, “They told me that I should receive an email from the Department of Education with a loan repayment on student loan account. I haven’t seen a lot helpful action since doing business with this company no updates on the business services.” Another consumer, “They are charging me over 600 dollars up front for the service and then $39.00 monthly for their services over the next 10 years. I just found out that they have only been registered as a business with the BBB since May 19, 2014. I think I am being scammed. They don’t answer their phone either. I am now very concerned because they have personal information of mine, and I don’t know where this scam will end.” It really breaks our hearts to hear these testimonies, because they are coming from young students who probably have enough to deal with already. It also reflects badly on a company that prides itself on being honest, when you hear things like this. When you’re dealing with people’s money, you have to do things right. It’s so important to create security and trust between you and the consumers.

After all we discovered, we still wanted to give American Student Debt Solutions LLC the benefit of the doubt, so we did a little more digging. We got to the root of those consumer complaints, and found the problem wasn’t the company. It was the employees that they were dealing with. They were what you would call a couple of rotten apples. I’m fairly certain, that American Student Debt Solutions LLC removed them from employment. That certainly says a lot. Mainly, it says that the company values the consumers. Which is probably the most important. None the less, they still kind of dropped the ball on this one.

In this review of American Student Loan Debt Solutions, The CFRB Gives this mortgage company a 3 star rating. 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.


Rapid Capital Funding Review

In this review of Rapid Capital Funding, we take a look at a mortgage company that we’ve been hearing a lot of good things about. At Rapid Capital Funding, they treat each customer as an person, not as a potential profit. They don’t place you into a loan profile formula created by the banks. They use common sense, and will help you obtain the best loan possible. They represent a range of top rated lenders with first quality rates to private “hardship” lenders. They work with more than 100 investors. This allows them to get you highly competitive rates on all types of loan programs including: 30yr mortgage, 20yr mortgage, 15yr mortgage, 10yr mortgage, 1yr ARMS, 3yr ARMS, 5yr ARMS, and much more. Whether your situation calls for Full Documents or No Documents at all, Rapid Capital is ready to help. Their website is actually quite nice. It has a lot for consumers to do, while maintain a sense of simplicity. Which isn’t always the case with business websites. Sometimes, there are a thousand and one tabs, and it’s easy to get lost. So, Kudos to Rapid Capital.

In terms of the overall consumer experience, we took to the web to see what people were saying about Rapid Capital Funding. We didn’t find a whole lot, but what we did find was promising.  We found that they are an A+ rated company on the BBB. Which means they have jumped through numerous hoops to be recommendable. We also found a few testimonies. Here’s one. “Rapid Capital Funding really is the leader in providing small business working capital! They wear the crown. They are detailed and customer oriented, which I loved. They should take pride in the fact that they got me, and I’m sure many others, the best deal out there!” It would appear that what we’ve heard is true. It’s good to have another company that we can add to our resources page. A company that is for the people.

In this review of Rapid Capital Funding, The CFRB Gives this mortgage company a 5 star rating. 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.

Signature One Financial Review Regarding Personal Loans

This Signature One Financial Review

In this Signature One Financial Review we will be reviewing Signature One Financial Personal Unsecured Loans.  Our reviews of these Signature One Financial personal unsecured loans will be based on actual testimonials and some of the facts regarding Simple Interest vs Compound Interest.

Signature One Financial Review Including Client Testimonials

Earlier this year we started Phase 2 of the Signature One Financial Reviews by contacting the principles at Signature One Financial and requesting permission to make random contact with the Signature One Financial client base. We were pleased at the response from Signature One Financial in permitting the CFRB to make contact with the Signature One Financial client base in order to further our Signature One Financial Reviews.

Signature One Financial Personal Unsecured Loans Perfect For Debt Consolidation

In the this CFRB Signature One Financial client testimonial review we discovered that over 90% of the Signature One Financial Personal Unsecured loan clients used the personal unsecured loans for debt consolidation primarily to pay off high interest credit card debt.  This statistic is due in part to the marketing done by Signature One Financial where they send out pre-selected notifications to consumers who fit a specific criteria that provides Signature One Financial with their highest degree of success as discussed in previous Signature One Financial Reviews and the mathematics behind Simple Interest vs. Compounding Interest.  In this Signature One Financial Review we will look at the difference between Simple Interest vs. Compounding Interest and the Signature One Financial personal unsecured loan and why it is perfect for debt consolidation when paying off high interest credit card debt.

Signature One Financial Review “How Do They Do It”

In this part of the Signature One Financial Review we ask the question “How Do They Do It”?  In reviewing Signature One Financial clients we were amazed to discover how many people with damaged credit or low credits scores were able to qualify for a Signature One Financial Personal Unsecured Loan. For example one client in particular amazed us. For the sake of identity protection we will simply refer to this client as Jane.

“Jane received a letter from Signature One Finacial in the mail stating that she had been pre-selected to receive a personal loan from Signature One Financial for up to $35,000.00. She needed the money to pay off high interest credit card debt but she knew her credit was less than needed for this type of loan.  Jane gave it a shot and called Signature One Financial and applied for the loan.  Jane was contacted the next day and informed that her credit score through Experian was 537 and that this is considered a very low credit score. The Signature One Financial representative continued to counsel Jane on why the credit score may be so low and what she could do to improve her credit score and maintain it in the future. Jane felt as if she was being let down gently but still appreciated the advice from the Signature One Financial representative. At that moment the Signature One Financial representative informed her that she was approved for a personal unsecured loan with a fixed interest rate and a term of either 3 or 5 years”.

What we said approved with a 537 credit score?  It would be hard to get a secured loan with a 537 credit score!

And that is just one of many testimonials about Signature One Financial and why we maintain our 5 star rating in our Signature One Financial Reviews.

Signature One Financial Review, Personal Unsecured Loans Are Great For Debt Consolidation


In this part of the Signature One Financial Review we look at the Signature One Financial Personal Unsecured Loan and why it is perfect for debt consolidation. To do this we will look into the mathematics of Simple Interest vs. Compounding Interest, but first let’s state some aspects of the Signature One Financial Unsecured Personal Loan and Credit Card debt.

The Signature One Financial Unsecured Personal Loan components are as follows:

  • Simple Interest
  • Fixed Rate
  • No Pre-Payment Penalty
  • 3 or 5 year Term

Credit Card debt components are as follows:

  • Compound Interest
  • Interest compounded against average daily balance
  • Variable Rate
  • Minimum Payments Can Go On For many Years

Simple Interest vs Compound Interest

  • Simple interest is applied to the principle loan amount
  • Compound interest is applied not only to principle amount but also to the interest it accrues.
  • Most credit cards compound their interest on an average daily balance

The mathematics for calculating simple interest are fairly simple as compared to the mathematics for calculating compound interest, but since compound interest charges interest on the interest that has accrued on the balance, carrying any balance on credit cards for more than a few months becomes very expensive. Add to that compounding interest on an average daily balance credit cards can cost you many times over the amount you originally charged.

Most consumers do not understand the complexities of the mathematics behind the compounding of interest on their credit cards making it extremely easy to get caught up in a web of credit card debt that may seem impossible to escape.

With a personal unsecured simple interest loan like the ones Signature One Financial provide you are able to stop the compounding of interest on your debt and save thousands of dollars by paying off your debt with simple interest as well as the possibility of monthly payment relief.

Signature One Financial Review Maintains A 5 Star Rating

Due to the business model and commitment to serve the consumer as supported by consumer testimonials the CFRB maintains its original 5 star rating in this Signature One Financial Review.

As always the CFRB encourages your comments on this and all the reviews published through this website.

Staff Writer

Guardian Life Insurance Review

In This Review of Guardian Life Insurance we take a look at a company that has an A+ rating on the BBB, but is expected to be dropped from the list of accredited companies sometime soon. With a legacy that began in 1860, Guardian has successfully weathered many market cycles. Their clients rely on them to be there when they and their loved ones need them. Their recognition of that requirement has shaped the firm throughout the years, enabling Guardian to prosper and grow. At Guardian, They keep their founding principles in sight, and regard them as critical to the success and integrity of the company. So what seems to be the issue then? Why do we suspect the BBB will drop their accreditation?

There’s a good amount of customer complaints towards the company. All complaint that are recent, and have not been resolved. I’m sure this is something the BBB will come across, when they do their routine evaluations of all the companies holding their accreditations. It was surprising to see so many complaints on an A+ page. The complaints were mainly about the overall service the company offered. One Consumer stated, “Guardian is paid to provide short term disability by my employer, ******* ********** ** *** *****. Following surgery and being placed on short term disability, Guardian has failed to disburse payments.” All of the complaints seem to be consistent with each other. We hope Guardian Life Insurance addresses these consumer complaints. We’d like to see them keep their accreditation, and keep their reputation from tarnishing.

In this review of Guardian Life Insurance, The CFRB Gives this company a 2 star rating. For the state that it is currently in. 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.


Staff Writer