Choosing a payday lender is an important first step in obtaining the cash you need to pay bills or cover unexpected expenses between paydays. As this is a financial transaction, it is important to take the time to learn about the different direct payday loan lenders you are considering and then choose the best based on the information you find.

Not all payday loan lenders offer the same rates or the same types of services. Unfortunately, too many people don’t take the time to do just a bit of research on the company only to find the lenders have bad reputations or have charged customers hidden fees that really impact on the ability to repay the loan.

Before considering any of the direct payday loan lenders online or in your area, read the information on their website or talk to them in person. This won’t take more than a few minutes, but it will ensure you end up working with a reputable lender.

Office Hours and Contact Information

It is essential to make sure the lender you are considering is easy to contact. They should provide information on their office hours and also their contact information. Calling and talking to a representative of the company if you have any questions will also be important to make sure you completely understand the loan and the repayment before accepting the loan offer.

A less than reputable company may provide only limited contact information, often just by email, or may simply have their phone calls go to a voicemail system without returning the calls at all.


The best direct payday loan lenders will charge only a flat fee for their loans. This may range from a low of fifteen dollars to up to twenty dollars per hundred dollars advanced.

They will not charge any additional hidden fees or additional fees over and above the flat rate. This makes it easy for clients to know how much they will pay back out of their next check based on the amount advanced.


For ease of application, look for a company that allows you to complete a simple online application. You will need to provide contact information, your SSN, information about your work and employer and your banking information.

Most of the top payday lenders can provide approval and funding within one business day of your application. While you can submit the information at any time, the approval will occur during regular business hours, so planning your application to avoid holidays and weekends may be important.


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