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| 100DayLoans Star Ratings |
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It is so tough in today's economy with money being so tight. Many households live paycheck to paycheck and even more households can't even pay all their bills. There are hundreds of payday loan companies online ready to lend you money. StarReviews set out to find companies that offered quick approval times, competitive fees and an easy application process. 100DayLoans.com was the site that caught our eye that had all of the above and more. The website is very easy to navigate and the application process is just three easy steps. 100DayLoans is a great choice for a payday loan service if you are looking to borrow money for an unexpected emergency, to pay bills or to take that much needed vacation. There is no credit check so those with bad credit can apply. There is also no faxing of any documents required. We like that you get a response within 90 seconds on whether you are approved or not. Even though there is no customer support available for you to ask questions, this is still a great payday loan company.
What’s New with 100DayLoans?
- Cash can be available in as little as one hour
- A search engine searches over 122 payday loan lenders to find the best possible loan
- Instant approval
- No credit checks
Star Reviews Favorite 100DayLoans Feature:
Our favorite feature of 100DayLoans is the fact that there is no faxing required. Many payday loan companies require you to fax information to them in order to be approved for a payday loan. However, many people do not have access to a fax machine so faxing is not an option.
100DayLoans Process:
The 100DayLoans online application is easy to fill out. On the main page, you will fill out basic information such as name, zip code, e-mail and then choose from the drop-down list to choose the amount you want to borrow. The next page has just three easy steps. Step one requests address, phone number, date of birth, Social Security number and driver's license information. Step two asks for your employment information such as employer’s name, employer’s contact number, how long you have been employed there, how often you are paid, when your next payday is, how much you make each month and if you get paid with an actual check or direct deposit. The last step asks you for bank account information including how long you have been with the bank, bank routing number, bank account number, bank name and phone number and the type of account such as checking or savings. Finally, just click the submit button and within a few seconds your payday loan application will be processed.
100DayLoans Payment:
Borrowers have 8 to 25 days to completely pay off their loan balance, depending when their next payday occurs. The loan payoff balance will include interest and fees. The balance plus all fees and interest is taken directly out of the specified checking or savings account. There are a few lenders that can set up a payment plan if the borrower cannot pay off the balance in full. An extended payment plan will result in additional fees being assessed. Lenders will send out an e-mail to the borrower 1 to 2 days before the loan is due as a reminder. If the borrower can only make a partial payment, the payday loan may be able to be extended but the original loan fee must be paid first plus an additional fee will be applied to the loan extension.
100DayLoans Requirements:
In order to qualify for a payday loan with 100DayLoans, you must be at least 18 years of age, have no bounced checks in your checking account and have a valid Social Security number. Since 100DayLoans is a loan matching service and not a lender, each lender will have their own requirements. These requirements will be laid out for you by the lender you have your payday loan with.
100DayLoans Features:
- Loan due date is based on your next payday.
- Loan fees range from $15 to $30 for every $100 borrowed.
- Loans may be extended with partial payment and additional fees.
- Some lenders lend up to $10,000.
- $250 to $1,000 is the normal payday loan range.
- Some lenders deposit cash within an hour.
- Most lenders wire cash within 24 hours.
- Response received within seconds.
- 4 out of 5 people who apply for a loan with 100DayLoans are approved.
100DayLoans Pricing:
- Typical fees range from $15 to $30 on every $100 borrowed.
100DayLoans Customer Support
There is no customer support listed on the 100DayLoans.com website. You will receive an e-mail from the lender you are borrowing from one to two days before your loan is due. You will also receive an email stating you have been approved for the loan and it will tell you the next steps that you need to take to accept the loan.
Upside:
- You may be able to get your cash within an hour.
Downside:
- There is no customer support information on the website.
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