When it comes to giving your personal information online, you want to make sure that you are dealing with a reputable company. Since there are so many payday loan websites online, how would you decipher from one site from another when it comes to safe guarding your personal information? This is why we have compiled a list of companies that are listed with the BBB, so you have someone on your side should a problem occur.

You will find below a list of companies we recommend to use when taking out a pay day loan. These direct online payday loan lenders only provide short-term cash advances and provide excellent customer service:

CashNetUSA – Fill out an application with CashNetUSA

  • The maximum amount varies from $100 to as high as $1,500, depending on the state.
  • Interest rates vary per state, with some offering $22.50 per $100 borrowed.

The application is simple, and can be filled out and submitted at any time. The site is guaranteed secure, and their user interface is easy to navigate. Once your application has been submitted, you can expect the decision within a matter of minutes. As soon as you accept the offer, it is guaranteed that the loan would be credited on the next business day, given that it was made before 5 PM. They also offer the Great Rate Guarantee feature which states that if you find a lower price with a similar online lenders, they will match that rate.

The downside is that though they provide information on how to get in touch with them, they do not offer live chat service. Nevertheless, CashNetUSA presents a satisfactory overall process, and remains somewhat less costly than other payday services.

Cashadvance.com – Fill out an application with Cashadvance.com

  • The amount that an applicant can take out is restricted to $500 in some states, but can go up to as high as $1,500 in other states. This is also determined by the borrower’s income.
  • Costs depend on the state. May range from $20 for every $100 borrowed, to $25 for borrowed amounts of $250 to $300 plus 30% APR.

Their application form is easy to understand and fill out, and the website is organized. They also provide lots of information about the company on their site, ranging from various articles to full disclosure of fees. The online service also appears to utilize encryption methods that sufficiently safeguard personal information transferred over the web.

Unlike many others, Cashadvance.com provides many ways in which applicants can contact them, and post a list of states where they are licensed to operate. Not only do they have a FAQ page, but they also offer telephone, live chat, and email support.

Cash Central – Fill out an application with Cash Central

  • Depending on the state, a prospective applicant can loan up to $500.
  • Fees vary by state, but the average is $15-$20 per $100 borrowed.

The online site is not only secure, but user-friendly and very informative, with a number of articles that range from detailing how the loan can be processed, to useful information communicated via the FAQ page. Their application process is simple, and operates 24/7. They also provide various means of contacting them through live chat with a customer representatives, email, or telephone support. They also have a “refer a friend” program, wherein an existing customer can receive $20 if they can successfully refer a new customer to Cash Central.

Cash Central offers a satisfactory payday program with competitive fee rates, however, the downfall is that they do not offer their services in more states, and their loan limit is not exactly that high to begin with.

These direct lenders only originate loans in the following states:   * Alabama * Alaska * Arizona * Arkansas * California * Colorado * Delaware * Florida * Hawaii * Idaho * Illinois * Indiana * Iowa * Kansas * Kentucky * Louisiana * Michigan * Minnesota * Mississippi * Missouri * Montana * Nebraska * Nevada * New Hampshire * New Mexico * North Dakota * Ohio * Oklahoma * Oregon * Rhode Island * South Carolina * South Dakota * Tennessee * Texas * Utah * Virginia * Virgin Islands * Washington * Wisconsin * Wyoming


Payday lenders give away small, short term loans to clients when they need immediate money in between paychecks. Payday advances are also known as, cash advances and fast cash loans. They can also be done electronically via the internet. This includes the application process, approval and fund deposit.

Choosing a secured and safe payday lender can often be overwhelming. There are plenty of lending firms to choose from today and finding a reputable company is a challenging task. But by sticking to some basic tips, finding a lender can be done in a snap.

Payday Loan Lender’s Interest Rates and Fines

Recently, a lender has been fined up to $90,000 by Oregon legislators for charging interest rates reached more than 2,000 percent. With the surge of the Internet and the increasing demand for this type of loans, the industry is also faced with the growing population of illegal lenders.

The lawmakers in Oregon have already submitted a series of measures to curb current pay check lending. This includes a 36% cap on its interest rates. According to statistics, around 80% of brick and mortar lending companies have already closed their businesses since this move, driving most consumers to relying on the Internet for emergency funds.

A lot of online lenders are not registered to do business in Oregon. These companies are fined as a consequence to their violation. Global Payday Loan LLC, a Utah based lender, (which also does business as Payday-Loan-Yes, Fastcash Advance, CashNet500 and First National Services) was already fined for up to $90,000 for the lack of licensing requirements in Oregon. This fine was charged after the company offered advances to Oregon clients from $100 to $500 through their company site. The site reportedly charged interest rates from 300% up to 2,700% on the amount. Currently, there have been a number of laws passed by other states to protect their people from paying high interest rates and fees for cash advances. It would be wise to check with the state and see if these lenders are licensed in your state.

Find Reputable and Licensed Companies Online

Here are easy tips on how you can find a credible and legitimate lender that won’t charge you sky high interest rates:

  • Check their license: Llenders must be fully licensed in your state. Check their license through the BBB or your states department of financial institutions.
  • Make sure they have a secure website: Before signing up, find the security seal on their site to make sure that any information from you will not be stolen.
  • Read the site’s terms and conditions: Always remember to read the site’s terms and conditions. You should never agree to any type of note, or contract without reading the fine print.
  • It pays to ask recommendations for lenders: It will also be helpful to read lender reviews online.