Payday Loan Reviews » payday http://www.paydayloanwebsites.com Reviews of Payday Loans and Cash Advances Mon, 14 Dec 2009 13:10:51 +0000 http://wordpress.org/?v=2.8.6 en hourly 1 10 Reasons Why You Weren’t Approved For A Payday Loan http://www.paydayloanwebsites.com/review/why-you-cant-get-a-loan/ http://www.paydayloanwebsites.com/review/why-you-cant-get-a-loan/#comments Tue, 10 Mar 2009 14:39:18 +0000 admin http://www.paydayloanwebsites.com/?p=275 You’ve seen the claims that payday loans are the easiest way to get a cash advance before your next paycheck. You’ve heard most payday cash loan providers don’t require credit checks. You’re state may not even recognize it as a true “loan” and refer to it as a “deferred deposit“.

So you searched for a cash advance online. Found a site out of the hundreds available that seemed to accept almost everybody. And you a applied for a loan, hoping to have your cash in 1 hour or cash in 1 day (at the latest).

Yet you were denied.

You applied again at another site. Denied. So you try a different provider and get a “we’re sorry, we cannot approve you at this time” message. Frustrated, you wonder if this cash is so easy to get, why can’t you get access to it?

10 Possible Reasons You Were Denied A Cash Loan

Here’s a short list of possible reasons why you weren’t approved for a payday loan. This isn’t a full list of all the reasons, but may give you some idea why your application didn’t pass with the lender(s).

1 – You Live in a Payday Lending Regulatory State

It is possible that one reason lenders can’t approve you for a cash advance loan is because you live in a state that doesn’t permit payday loans or deferred deposits to be issued. For example, Georgia has been known as a state that entirely does not support short-term personal loans.  A few other states have legislation that require the borrower to have certain requirements such as established job history, income level, or other financial obligations before you can be approved for a loan.

2 – “No Credit Check” isn’t entirely true

Regardless of “no credit check” claims you may see on a lot of cash advance advertisements, there is still a type of consumer credit check that happens. This type of credit check is exclusive to the payday loan industry. It may not be a FICO score from the traditional three credit bureaus, but it is still a check against your previous loaning history. If you have had issues paying back a payday lender in the past, or have existing loans out, then this type of credit check can prevent you from getting a payday loan.

3 – You Have Existing Cash Loans

One main reason I’ve seen people get denied payday loan services is because they have existing loans that haven’t been paid back. Depending on the state you live in, you may be able to get more than one loan. But some states are very regulatory when it comes to obtaining more than one loan. Other states may let you have more than one loan, but the total loans outstanding balance can’t be more than 25% of your weekly take-home salary.

4 – Your Information May Be Inaccurate

Again, they advertisements may claim the lenders don’t do credit checks, but they do check against consumer records to verify that you are who you say you are. This can include anything from payday lender databases, to consumer marketing databases. If your name, social, and address don’t match-up, this can be a major reason why a lending company would feel uneasy loaning money to you.

5 – They Did A “Real” Credit Check

While most lenders do not perform a triple-bureau credit check, there is a small percentage of lenders who do run traditional credit reports to see what your credit score is. Most direct lenders will disclose if they will run a credit check (you have to agree to it before they can, it’s the law!), and when they do run the report, you will be notified that you were dissapproved based on information received from the credit report. You will also get information on how you can obtain a free copy of your credit report within 30 days, allowing you to see what the lending company saw.

6 – You Have To Wait for A “Recovery Period”

If you live in a state that has a cap on how many loans you can have at one time, or a total amount that can be leant to an individual at one time, you may be subject to a waiting period after you pay off your previous loan before you can get a new one. This is most commonly known as the “recovery period”. Most states require 24 to 48 hours before you can even apply for a new loan.

7 – You Must Apply In Person

There are a few parts of the nation where the lenders will not give out personal cash loans online, and you must apply at a cash loan store in person. This is in response to both state-legislation for that state, and concerns for fraud. There are some states that will simply not accept online applications (even from nation wide payday loan locator sites), and there are others that will allow you to apply and get approved online, but you must visit their nearest branch to receive the cash directly.

8 – Checking Accounts

The majority of online lenders require an active checking account before they’ll give you a payday loan. This is so they can deposit the loan to you via direct deposit, but it’s also so they can withdraw the loan from you via electronic withdrawal on the day the loan is due (and trust me, they will withdraw on exactly the day is due). It is part of the agreement you agree to when you apply, and if you do not have a checking account, it will be difficult to get a cash advance.

9 – You Don’t Have (proof of) Direct Deposit

On top of requiring a checking account to get a loan, many lenders require you to receive direct deposit from your lender as well. There are two main reasons for this: To ensure that you’ll have money in your account on the date your loan is due, and to validate that you are employed and receiving weekly or bi-weekly paychecks. You may be required to fax a bank statement with proof that you are receiving a direct deposit before they will accept your loan application.

10 – You or a Family Member are Active Military

There are strong national laws that oppose to private lending to military servicemen and servicewomen. If you are active military, or if a family member is active, then most lenders will turn you down for their services. However, there are many firms that are licensed and bonded to provide loans to military men and women and their families. You’ll need to search for those firms (try “military loan”), and most often apply in person.

Conclusion

Applying for a payday loan is still easy, but if you happen to get denied, hopefully these few possible items might help you find out why and help you fix whatever is preventing you from getting a loan. Find out what your state laws are in regards to payday advances, and be sure to work with a lender who works within those guidelines (read your agreement before accepting).

Best of luck!

Apply for a loan

10 Reasons Why You Weren’t Approved For A Payday Loan is a post from: Payday Loan Reviews

Related loan sites:

  1. Top Payday Loan Websites for 2009
  2. Payday Loan Sites on Twitter

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©2010 Payday Loan Reviews. All Rights Reserved.
]]> You’ve seen the claims that payday loans are the easiest way to get a cash advance before your next paycheck. You’ve heard most payday cash loan providers don’t require credit checks. You’re state may not even recognize it as a true “loan” and refer to it as a “deferred deposit“.

So you searched for a cash advance online. Found a site out of the hundreds available that seemed to accept almost everybody. And you a applied for a loan, hoping to have your cash in 1 hour or cash in 1 day (at the latest).

Yet you were denied.

You applied again at another site. Denied. So you try a different provider and get a “we’re sorry, we cannot approve you at this time” message. Frustrated, you wonder if this cash is so easy to get, why can’t you get access to it?

10 Possible Reasons You Were Denied A Cash Loan

Here’s a short list of possible reasons why you weren’t approved for a payday loan. This isn’t a full list of all the reasons, but may give you some idea why your application didn’t pass with the lender(s).

1 – You Live in a Payday Lending Regulatory State

It is possible that one reason lenders can’t approve you for a cash advance loan is because you live in a state that doesn’t permit payday loans or deferred deposits to be issued. For example, Georgia has been known as a state that entirely does not support short-term personal loans.  A few other states have legislation that require the borrower to have certain requirements such as established job history, income level, or other financial obligations before you can be approved for a loan.

2 – “No Credit Check” isn’t entirely true

Regardless of “no credit check” claims you may see on a lot of cash advance advertisements, there is still a type of consumer credit check that happens. This type of credit check is exclusive to the payday loan industry. It may not be a FICO score from the traditional three credit bureaus, but it is still a check against your previous loaning history. If you have had issues paying back a payday lender in the past, or have existing loans out, then this type of credit check can prevent you from getting a payday loan.

3 – You Have Existing Cash Loans

One main reason I’ve seen people get denied payday loan services is because they have existing loans that haven’t been paid back. Depending on the state you live in, you may be able to get more than one loan. But some states are very regulatory when it comes to obtaining more than one loan. Other states may let you have more than one loan, but the total loans outstanding balance can’t be more than 25% of your weekly take-home salary.

4 – Your Information May Be Inaccurate

Again, they advertisements may claim the lenders don’t do credit checks, but they do check against consumer records to verify that you are who you say you are. This can include anything from payday lender databases, to consumer marketing databases. If your name, social, and address don’t match-up, this can be a major reason why a lending company would feel uneasy loaning money to you.

5 – They Did A “Real” Credit Check

While most lenders do not perform a triple-bureau credit check, there is a small percentage of lenders who do run traditional credit reports to see what your credit score is. Most direct lenders will disclose if they will run a credit check (you have to agree to it before they can, it’s the law!), and when they do run the report, you will be notified that you were dissapproved based on information received from the credit report. You will also get information on how you can obtain a free copy of your credit report within 30 days, allowing you to see what the lending company saw.

6 – You Have To Wait for A “Recovery Period”

If you live in a state that has a cap on how many loans you can have at one time, or a total amount that can be leant to an individual at one time, you may be subject to a waiting period after you pay off your previous loan before you can get a new one. This is most commonly known as the “recovery period”. Most states require 24 to 48 hours before you can even apply for a new loan.

7 – You Must Apply In Person

There are a few parts of the nation where the lenders will not give out personal cash loans online, and you must apply at a cash loan store in person. This is in response to both state-legislation for that state, and concerns for fraud. There are some states that will simply not accept online applications (even from nation wide payday loan locator sites), and there are others that will allow you to apply and get approved online, but you must visit their nearest branch to receive the cash directly.

8 – Checking Accounts

The majority of online lenders require an active checking account before they’ll give you a payday loan. This is so they can deposit the loan to you via direct deposit, but it’s also so they can withdraw the loan from you via electronic withdrawal on the day the loan is due (and trust me, they will withdraw on exactly the day is due). It is part of the agreement you agree to when you apply, and if you do not have a checking account, it will be difficult to get a cash advance.

9 – You Don’t Have (proof of) Direct Deposit

On top of requiring a checking account to get a loan, many lenders require you to receive direct deposit from your lender as well. There are two main reasons for this: To ensure that you’ll have money in your account on the date your loan is due, and to validate that you are employed and receiving weekly or bi-weekly paychecks. You may be required to fax a bank statement with proof that you are receiving a direct deposit before they will accept your loan application.

10 – You or a Family Member are Active Military

There are strong national laws that oppose to private lending to military servicemen and servicewomen. If you are active military, or if a family member is active, then most lenders will turn you down for their services. However, there are many firms that are licensed and bonded to provide loans to military men and women and their families. You’ll need to search for those firms (try “military loan”), and most often apply in person.

Conclusion

Applying for a payday loan is still easy, but if you happen to get denied, hopefully these few possible items might help you find out why and help you fix whatever is preventing you from getting a loan. Find out what your state laws are in regards to payday advances, and be sure to work with a lender who works within those guidelines (read your agreement before accepting).

Best of luck!

Apply for a loan

10 Reasons Why You Weren’t Approved For A Payday Loan is a post from: Payday Loan Reviews

Related loan sites:

  1. Top Payday Loan Websites for 2009
  2. Payday Loan Sites on Twitter

]]> http://www.paydayloanwebsites.com/review/why-you-cant-get-a-loan/feed/ 0 Fast Internet Loan http://www.paydayloanwebsites.com/review/fast-internet-loan/ http://www.paydayloanwebsites.com/review/fast-internet-loan/#comments Wed, 04 Feb 2009 22:55:59 +0000 admin http://www.paydayloanwebsites.com/?p=198 Need cash but are out of time? Fast Internet Loans will help you get a payday loan, cash advance, or personal money loan deposited directly to your bank account in as little as one hour. They are quick, timely, and confidential. Fast Internet Loan works with several underwriting lenders to provide you different options and different money assistance alternatives. Cash is ready and available, simply fill out the online form and press apply to get your cash fast!

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]]> Need cash but are out of time? Fast Internet Loans will help you get a payday loan, cash advance, or personal money loan deposited directly to your bank account in as little as one hour. They are quick, timely, and confidential. Fast Internet Loan works with several underwriting lenders to provide you different options and different money assistance alternatives. Cash is ready and available, simply fill out the online form and press apply to get your cash fast!

Apply for a loan

Fast Internet Loan is a post from: Payday Loan Reviews

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  1. Top Payday Loan Websites for 2009
  2. Payday Loan Sites on Twitter

]]> http://www.paydayloanwebsites.com/review/fast-internet-loan/feed/ 0 Payday Loan http://www.paydayloanwebsites.com/review/paydayloan-cc/ http://www.paydayloanwebsites.com/review/paydayloan-cc/#comments Wed, 04 Feb 2009 15:30:44 +0000 admin http://www.paydayloanwebsites.com/?p=33 PaydayLoan.cc is your source to help you get payday loan advances in as little as one hour with no faxing or direct deposit. Getting Payday Advances from PaydayLoan.cc is easy. They can help you get the money you need to pay some bills or just to have some extra cash until your next payday. This site is safe and secure and has been rated one of the top payday advance sites by all of our payday loan customers.

You can borrow from as little as $100 up to $1500. If you have full time employment with regular pay, then you are likely to get your loan application approved. Your payday loan application form contains details such as your name, address, phone, etc. Once the information is verified, you will receive an instant response in the form of an email intimating the approval of your payday loan application. With PaydayLoan.cc, almost everyone is approved for a payday loan!

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]]> PaydayLoan.cc is your source to help you get payday loan advances in as little as one hour with no faxing or direct deposit. Getting Payday Advances from PaydayLoan.cc is easy. They can help you get the money you need to pay some bills or just to have some extra cash until your next payday. This site is safe and secure and has been rated one of the top payday advance sites by all of our payday loan customers.

You can borrow from as little as $100 up to $1500. If you have full time employment with regular pay, then you are likely to get your loan application approved. Your payday loan application form contains details such as your name, address, phone, etc. Once the information is verified, you will receive an instant response in the form of an email intimating the approval of your payday loan application. With PaydayLoan.cc, almost everyone is approved for a payday loan!

Apply for a loan

Payday Loan is a post from: Payday Loan Reviews

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  1. Best Payday Loan Companies in 2009
  2. Payday Loan Sites on Twitter

]]> http://www.paydayloanwebsites.com/review/paydayloan-cc/feed/ 4 RWB Payday Loans – Instant Payday Loan http://www.paydayloanwebsites.com/review/rwb-paydayloans/ http://www.paydayloanwebsites.com/review/rwb-paydayloans/#comments Mon, 02 Feb 2009 15:22:45 +0000 admin http://www.paydayloanwebsites.com/?p=168 Need a fast and reliable payday loan provider? RWB Payday Loans can hook you up with some of the nations top payday advance cash loan services. They process your application and let payday lenders compete for your business. It’s a win-win situation. You get the cash you need in as little as an hour, and get instant payday loan approval within minutes of applying. Use their secure application to keep your sensitive data safe. Get up to $1500 wired to your checking account. Apply today!

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  2. Payday Loans By Phone!

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]]> Need a fast and reliable payday loan provider? RWB Payday Loans can hook you up with some of the nations top payday advance cash loan services. They process your application and let payday lenders compete for your business. It’s a win-win situation. You get the cash you need in as little as an hour, and get instant payday loan approval within minutes of applying. Use their secure application to keep your sensitive data safe. Get up to $1500 wired to your checking account. Apply today!

Apply for a loan

RWB Payday Loans – Instant Payday Loan is a post from: Payday Loan Reviews

Related loan sites:

  1. Do Holiday Payday Loans Work?
  2. Payday Loans By Phone!

]]> http://www.paydayloanwebsites.com/review/rwb-paydayloans/feed/ 0 Slap Me Some Cash – Cash Loans In An Instant! http://www.paydayloanwebsites.com/review/slapmesomecash/ http://www.paydayloanwebsites.com/review/slapmesomecash/#comments Thu, 29 Jan 2009 14:54:21 +0000 admin http://www.paydayloanwebsites.com/?p=160 In an economy like the one we’re all in right now, you really need a friend when it comes to borrowing money. That’s exactly what we were thinking when we discovered this payday loan site. Truth be told, all short term payday lenders are just that: friends who are willing to “slap you some cash” whenever you truly need it. Give Slap Me Some Cash a try NOW – you won’t be disappointed!

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  2. Do Holiday Payday Loans Work?

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]]> In an economy like the one we’re all in right now, you really need a friend when it comes to borrowing money. That’s exactly what we were thinking when we discovered this payday loan site. Truth be told, all short term payday lenders are just that: friends who are willing to “slap you some cash” whenever you truly need it. Give Slap Me Some Cash a try NOW – you won’t be disappointed!

Apply for a loan

Slap Me Some Cash – Cash Loans In An Instant! is a post from: Payday Loan Reviews

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  1. Payday Loans By Phone!
  2. Do Holiday Payday Loans Work?

]]> http://www.paydayloanwebsites.com/review/slapmesomecash/feed/ 0 Federal Payday Lending – Instant Payday Loan Approvals http://www.paydayloanwebsites.com/review/federalpaydaylending/ http://www.paydayloanwebsites.com/review/federalpaydaylending/#comments Wed, 21 Jan 2009 21:02:27 +0000 admin http://www.paydayloanwebsites.com/?p=157 We know the problem. Payday is still too far away. Emergency bills need to be paid now. Do you feel financially trapped? Well, we have some fast cash for you. A cash advance from FederalPaydayLending.com is just the right fix. Get those bills paid now and avoid problems later. Up to $1500 can be in your account by tomorrow. Bad or credit is OK. Why wait? Let FPL help you now. If you’re over 18 and employed, apply here and get approved for a payday loan instantly!

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]]> We know the problem. Payday is still too far away. Emergency bills need to be paid now. Do you feel financially trapped? Well, we have some fast cash for you. A cash advance from FederalPaydayLending.com is just the right fix. Get those bills paid now and avoid problems later. Up to $1500 can be in your account by tomorrow. Bad or credit is OK. Why wait? Let FPL help you now. If you’re over 18 and employed, apply here and get approved for a payday loan instantly!

Apply for a loan

Federal Payday Lending – Instant Payday Loan Approvals is a post from: Payday Loan Reviews

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  1. Best Payday Loan Companies in 2009

]]> http://www.paydayloanwebsites.com/review/federalpaydaylending/feed/ 0 WeekendPayday http://www.paydayloanwebsites.com/review/weekendpayday/ http://www.paydayloanwebsites.com/review/weekendpayday/#comments Fri, 16 Jan 2009 17:10:21 +0000 admin http://www.paydayloanwebsites.com/?p=145 When payday comes and payday goes, many people have pre-spent their paycheck on bills and other obligations and are left with a whole weekend without any cash. When Monday comes around, you need gas to get to work, groceries to buy, rent to pay, utilities bills, and a million other reasons why you need cash before the week starts. WeekendPayday.com is here to help get you a cash loan so you can have the money ready before you need it. Weekend Payday is always open and taking applications. Whether during the week during the business day, or in the middle of the night, or on the weekend, there are lenders ready to give you a payday loan at Weekend Payday.

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]]> When payday comes and payday goes, many people have pre-spent their paycheck on bills and other obligations and are left with a whole weekend without any cash. When Monday comes around, you need gas to get to work, groceries to buy, rent to pay, utilities bills, and a million other reasons why you need cash before the week starts. WeekendPayday.com is here to help get you a cash loan so you can have the money ready before you need it. Weekend Payday is always open and taking applications. Whether during the week during the business day, or in the middle of the night, or on the weekend, there are lenders ready to give you a payday loan at Weekend Payday.

Apply for a loan

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]]> http://www.paydayloanwebsites.com/review/weekendpayday/feed/ 0 Pay Advance Lending http://www.paydayloanwebsites.com/review/pay-advance-lending/ http://www.paydayloanwebsites.com/review/pay-advance-lending/#comments Tue, 06 Jan 2009 20:12:26 +0000 ryan http://www.paydayloanwebsites.com/?p=128 PayAdvanceLending.com is the best payday advance loan solution out there. If you are looking for a quick and easy payday advance, let PayAdvanceLending.com do the looking for you. No faxing necessary; simply fill out the application and we’ll take it from there. We’ll tap into the nation’s largest suppliers of payday advance  loans and get the cash to you ASAP, sometimes in as little as one hour. Get approved instantly regardless of credit; lenders will work with you to get you a no fax payday loan in as little time as possible. PayAdvanceLending.com has resources to get payday advances for just about anybody. Loans typically range from $100 to $1500, but you may select more or less depending on who your provider is.

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]]> PayAdvanceLending.com is the best payday advance loan solution out there. If you are looking for a quick and easy payday advance, let PayAdvanceLending.com do the looking for you. No faxing necessary; simply fill out the application and we’ll take it from there. We’ll tap into the nation’s largest suppliers of payday advance  loans and get the cash to you ASAP, sometimes in as little as one hour. Get approved instantly regardless of credit; lenders will work with you to get you a no fax payday loan in as little time as possible. PayAdvanceLending.com has resources to get payday advances for just about anybody. Loans typically range from $100 to $1500, but you may select more or less depending on who your provider is.

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]]> http://www.paydayloanwebsites.com/review/pay-advance-lending/feed/ 1 Cash-in-1-Hour Payday Loans http://www.paydayloanwebsites.com/review/cash-in-1-hour/ http://www.paydayloanwebsites.com/review/cash-in-1-hour/#comments Mon, 15 Dec 2008 20:29:37 +0000 admin http://www.paydayloanwebsites.com/?p=28 Sometimes, a name really does say it all. In this case, it’s true. Cash-in-1-Hour is an attractive site for those cash-strapped consumers why want and need a cash advance now. The basic criteria to qualify for a payday loan online are age and steady employment. Credit-challenged consumers will have no problem here, either. This site understands the need for fast cash and also the importance of customer responsiveness, with quick and accurate answers to questions of concern. When it comes to delivering consumer confidence, Cash-in-1-Hour certainly delivers. When you need cash in as little as 1 hour, our reviewers are pleased to recommend this Cash-in-1-Hour.com!

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]]> Sometimes, a name really does say it all. In this case, it’s true. Cash-in-1-Hour is an attractive site for those cash-strapped consumers why want and need a cash advance now. The basic criteria to qualify for a payday loan online are age and steady employment. Credit-challenged consumers will have no problem here, either. This site understands the need for fast cash and also the importance of customer responsiveness, with quick and accurate answers to questions of concern. When it comes to delivering consumer confidence, Cash-in-1-Hour certainly delivers. When you need cash in as little as 1 hour, our reviewers are pleased to recommend this Cash-in-1-Hour.com!

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  1. Companies That Offer Payday Loans In 1 Hour!
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]]> http://www.paydayloanwebsites.com/review/cash-in-1-hour/feed/ 4