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Product Introduction and Details
Some states have laws in place limiting the Annual Percentage Rate that a creditor can charge. APRs for cash advance loans are between the range of 200% – 1386%, and APRs for installment loan range from 6.63% to 225%. Payday loans from states with no limiting laws or loans from banks not governed by state laws may have higher APR. The total costs associated with obtaining a short-term payday loan is ultimately determined by your creditor in accordance with regulations in the state in which you live. LendYou.com will never charge you a penny in applying for short-term payday loan through the website. Please take time in reviewing each offer you receive carefully for the fees and rates associated with your payday loan as well as any late fees and interest that can be charged if you fail in repaying your loan on time. Creditors are required to provide this information as part of the Truth in Lending Act. APRs associated with short-term loans are higher than APRs associated with other forms of credit, but since the loans are meant to be repaid quickly, they are very competitive with the rates associated with other types of credit, overdraft fees and bounced checks as long as they are repaid on time
Features and Benefits
Applying for a payday loan with LendYou.com comes with a lot of features and benefits among which are:
- Easy to Qualify: Remember the main information when filling out the form – write down only honest details, and it will be easy to qualify. Lenders always tend to assist without checks and much paperwork.
- Accessible and Convenient: Since the requirements in getting a payday loan are really basic, the application itself is always easy, so it may take only 4-5 minutes to complete it. Once matched, the creditor replies almost instantly, giving you the answer to your approval.
- No collateral: Payday loans are convenient because they are completely unsecured compared with traditional bank loans or car loans, which means that you can borrow the money without any collateral. So, in case you don’t repay – you don’t lose your home or car. Please remember always, that paying off the loan is very important for your financial future and for your credit records.
- Reputable Lenders: Since LendYou.com, works with a range of authorized creditors, you have better chances to be approved a payday loan. All lenders LendYou.com works with, are reputable and legit. You get the decision on the payday loan from them instantly, with no third party involved.
- Very Quick Payout: After being approved for a payday loan, the money is deposited into your bank account really fast, usually happening the next business day, so within 24 hours. Please read all terms before signing the contract. If you missed this review, you can read here: PaydaySOS Review: Best Payday Loan Companies in USA
How the Loan Works
LendYou.com is not a lender and therefore doesn’t make short-term loans or credit approval. LendYou.com is a loan matching service connecting consumers with independent third party lenders. The application process begins by registering online from your own computer or any mobile device. Because the process occurs in real time, it is very fast. If you are matched with a creditor, you’ll receive an offer from that creditor with the terms and conditions of the payday loan. If you agree to them, the money may be available for your use as soon as the next business day.
Independent creditors have their own individual requirement that needs to be met, but typically the minimum requirements include and not limited to:
- 18 years of age or older
- U.S. citizenship
- Valid savings or checking account with direct deposit
- Regular income not less than $1000 per month
- Must not be a regular or reserve member of the Army, Coast Guard, Air Force, Marine Corps or Navy or be a dependent of someone who’s serving on active duty under a call or that does not specify a period of 30 days or fewer.
- Super-fast lending approval
- Poor credit OK
- Zero fee charges.
- This online payday loan lender offers several loan options.
- Email support wasn’t of much help
- No calculator.
LendYou.com do not loan money, rather it connects you to various lenders who can fulfill those needs. As such, it’s a good choice for online payday loans because it handles much of the research and gives you the best range of possibilities.
Want to Apply for this Loan?
Are you upset because you lack the money you need and you have no idea where to get it from? Or you have some urgent expenses, and you’d like to avoid any future issues? If that’s the case, you should consider applying for a payday loan right now at LendYou.com. Usually, LendYou.com offer up to $1,000 for payday loans, and up to $5,000 for installment loans, and getting smaller amount is much faster and easier.
Get the loan you need, when you need it.
- Zero problem with credit.
- Acceptable payment plan.
- Easy online process.
Apply at LendYou.com today