There are three common myths about payday loans that must be debunked.

First, lenders often charge astronomical rates in order to make big profits. The truth is, when you compare payday lenders to other lending institutions, you will find that the profit margins don't compare. In fact, payday loans can be expensive to provide.

All payday lenders are dishonest about their fees, and even try to hide them. Since all lending institutions must abide by the Truth in Lending Act, they are obligated by law to tell you about all fees. If a payday lender does not provide this service, walk away from their loan immediately.

And finally, the lending industry loves to prey on those individuals who are up to their nose in debt. In this day and age, anyone can obtain a payday loan, no matter what your financial status is. Since banks have been unable to provide short-term loans to many people who need them, payday loan providers have stepped up to fill the void.

If you are in need of a payday loan to get you through a financial emergency, get the funds you need by completing our online application!