Welcome to PaydayLoans1000.com!
Our goal is two-fold:
1) Help you understand how the payday loan industry works
2) Offer good resources for those looking to take out payday loans
Basics of Payday Loans:
Payday loans are short-term cash loans used to cover unexpected financial emergencies. These loans are not cheap, and 17 states have effectively banned payday lenders from operating in their state. However, this type of financing can serve a purpose as long as it's used properly.
Payday Loan Resources:
It can be somewhat difficult to find legitimate resources on payday loans. However, here are a few we have found:
1) http://cfsaa.com/ - this is the Consumer Financial Services Association of America website. Essentially this is a self-regulating organization that many payday lenders belong to. On their site you will find some very interesting facts / information
2) http://www.in.gov/dfi/2366.htm - A Government report on payday lenders
3) http://en.wikipedia.org/wiki/Payday_loan - Wikipedia, which actually has some very good points on the industry
4) http://ez1000loans.com - A site with actual information on rates, terms, and education about payday loans (you can also apply for a payday loan here, but that is not the site's only function)