Easy Payday Loan Report

Good evening, ladies and gentlemen, I’m Chad Dennis with WPLR news here with your evening easy payday loan report.  Citizens of our town are reporting in record numbers that the payday advance loans offered on www.paydayloanreport.com are becoming increasing easier to receive.  This is has brought a mix of reactions from people.

“An Easy Payday Loan is So Easy”

Susie Thomas reports that she had a simple time filling out her easy payday loan application.  “It was a piece of cake.  Well, actually I ate a piece of cake while filling out my forms.  I just put my baking down, logged onto the www.paydayloanreport.com website, and clicked, ‘Apply.’  I finished my application in no time.  It was so easy.  They asked me my name, address, phone number, and social security number.  It was more complicated getting my marriage license!  An easy payday loan is so … easy!”

I spoke with Bob Roberts from the payday loan store.  Bob said that the easy payday loan application was supposed to be easy.  “We’re trying to help people who are in need.  Most of the people who need an easy payday loan are in pretty serious trouble.  They need cash in a hurry to pay overdue bills, repair a car, or fix something in the house. There’s no sense in bogging the customer down in needless forms.  We don’t ask for the last 7 years of taxes or anything like that.  Most of the information is straight from people’s heads or available from something handy like a checkbook or pay stub.”

“My Easy Payday Loan was Fast!”

Roberts said that part of the ease of an easy payday loan comes from the fast approval process.  “When a customer comes to us and needs an easy payday loan, we first verify that they have employment.  Without a job, we can’t very well give a loan till payday – especially when there will never be a payday!”

The second step of the approval process of an easy payday loan sometimes involves checking credit.  “We don’t always check people’s credit.  If they’ve already established credit with us through taking out and repaying several easy payday loan types, then the easy payday loan becomes even easier.  And they can also apply for a faxless pay day loan and speed things up even more.

Bill Randolph filled out an online payday loan application to receive his easy payday loan.  “My easy payday loan was nothing short of easy.  It was fast, too.  I had the money in my account and ready to repair my broken tractor axle in less than 24 hours!”

“If You Ask Me, an Easy Payday Loan Ain’t Nothing but Trouble.”

As with every breaking news story, there’s always those who disagree.  Ethel Downspout is one of those voices in this town.  “If you ask me, an easy payday loan ain’t nothing but trouble.  People take out a loan and don’t realize they have to repay the loan plus interest.  They borrow $100, but may have to pay back $125.  But when they go to pay back the amount, they still don’t have any money, so they have to borrow more.  It’s just shameless I tell ya’.  Just cause people can’t wait and have to get a loan till payday.”

Roberts agrees and disagrees at the same time.  “Yes, an easy payday loan runs the risk of being too easy.  A customer can forget that he has to pay back his easy payday loan.  He can also become too dependent on them.  He may apply for an easy payday loan to take care of an important electric bill one week.  The next week he may be just a little too impatient for a new video game and think it would be better to take out an easy payday loan.  That’s where people can get into trouble with an easy payday loan.”

So the consensus is that an easy payday loan is truly easy.  Customers can apply online and receive instant approval.  But they need to be cautious and only use an easy payday loan in the case of an emergency.  This has been Chad Dennis with WPLR with your Payday Loan Report.

Websites Offering Payday Loans Online:

•	Quik Payday - They claim to offer the quickest payday advance online. We are investigating.
•	National Cash Advance - National Cash Lenders Funding Every State? Hmmm.. Aren't there laws?
•	Cash Loans Calculator - Payday Lenders Marketing A Cash Cow? Very Interesting Articles.
•	Responsible Lending - The Center for Responsible Lending is fighting predatory lending.
•	Sonic Payday - Sonic Payday - Loans From Sonic Cash.