Product Review: PaycheckToday payday loans

About the company: “With PaycheckToday, even if you have bad credit, you can still get quick cash for emergencies. Payday advances, also called payday loans, cash advances, instant cash loans, payroll advances or paycheck loans, are short-term loans that can be taken against a future paycheck. If approved, your loan proceeds will be deposited directly into your personal bank account. When your loan payment is due, the finance charge will be automatically debited from your checking account unless other payment arrangements have been made. Cash Advance Network loans require no faxing. Just fill out the online application for instant pre-approval.”

The big pitch: Applications are pre-approved in just 30 seconds! Based on your application, you may qualify for a payday loan up to $1000 - Your credit rating just isn't important!”

As a rule, we don't really like the payday loan industry. It seems that there are just too many outfits out there preying on the desperation of people with poor credit, charging them an arm and a leg, and leaving them worse than when they started out. That said, some payday loan companies seem to be working hard at making sure that their service is one that their customers an rely on - and PaycheckToday is just one such company.

If you are between a rock and hard place for money, a cash advance can sometimes be a necessity if you are living paycheck to paycheck. Cash advances are often used for rent and other life expenses, but as the holidays near, many people need just a little bit of credit to help them over the hump.

www.paychecktoday.com provides lightning fast service - you can be approved within the hour and the money is deposited into your bank account the next business day. This process is dependent upon PaycheckToday receiving all the required information, which makes it essential to supply the proper information so the process won’t be delayed.

What type of information is required when you apply for a cash advance from PaycheckToday.com? They will require personal, employment and banking information. Personal information includes such things as the loan amount (up to $1,000), name, social security number, address, etc. Employment information includes such things as the name of your employer and whether you work part time or full time. Banking information is necessary so they can put money into your account - and take that money back when your loan is ready to be repaid.

Worried that your credit rating blows? Don’t worry. PaycheckToday doesn’t run a credit check on you before deciding whether you should qualify for a loan. All they need to know is you have an income, and you're basically good to go.

So if you need a cash advance, and you're fully aware what a payday loan entails, take a look at PaycheckToday and give them a try. As always, we recommend you read all the fine print and ONLY take on a payday loan if you feel confident about the company you're dealing with, but we've seen plenty of lenders out there with a lot less to boast about than PaycheckToday - so make them your first step.

The Product Trends rating: If you need a cash advance of $1,000 or less, then this is a great website to check out. You can be approved within one hour and have the money deposited in your account within one business day. As far as payday loans go, that's a great start. Four stars. --Reviewed by Jillian Dobbs

To try PaycheckToday for yourself, click the image below:

posted by Oz @ 4:29 PM