If you’re thinking about getting a payday loan, whether you’re thinking about an online company or going to a loan office in-person, you should make sure that you’re working with a direct payday lender.
What is a direct payday lender?
Good question! You see, many payday lenders don’t issue loans themselves. This is known as indirect lending, and it makes things more difficult for borrowers.
These loans take longer, and because you’re working with more than one company, it may be harder to qualify for the emergency cash you need.
Want to learn more? Check out the benefits of applying for a payday loan with a direct payday lender now, and see why you should cut out the middleman, and get a loan directly with a company like National Payday.
Learn how to get a guaranteed payday loan here.
You Can Keep Your Personal Information Safe
When you apply for a payday loan, whether in-person or online, you’re going to have to share quite a bit of sensitive information, usually including your Social Security Number, driver’s license number, address and more. It’s best to keep this information safe.
But when you work with an indirect lender, more people will see your personal information. It will be stored on multiple electronic servers and computers, and the risk of a hack or loss of your personal information is greater – which could expose you to identity theft. Partnering with a direct payday loan helps you eliminate this risk.
You’ll Be Approved for Your Loan More Quickly
Because a direct payday lender works with you throughout the entire loan application process, you’ll get your loan approval – and your money – more quickly. With an indirect lender, your loan must be processed both by the payday loan company and the lender, which means the process will take a much longer time.
Simple, Easy-To-Understand Application Requirements
Nothing’s worse than being told you’ve been approved for a payday loan – only to find out that the lender rejected you after a credit check, or after noticing a bankruptcy on your credit report. When you work with an indirect lender, miscommunication is common. You may be told that you can get a loan, only to find out that you were never eligible in the first place. This is not an issue with a direct payday lender. If you’re approved, you get your loan.
Get Better Customer Service Throughout the Entire Process
Direct payday lenders offer better customer service, compared to indirect lenders. This is because a direct lender has control over every part of the loan issuing process – and the knowledge to help you through the application process, or to help you understand your loan repayment terms. There will never be any confusion or miscommunications – and you’ll get the help you need to get an online payday loan fast.
Partner with a Direct Lender – Enjoy These Benefits (And More)
Working with a direct lender, rather than an indirect payday loan provider, has many benefits. The entire process of getting your loan will be simple and straightforward, and you can get help if you need it. So, partner with a direct lender like National Payday now – and get the emergency cash you need.