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