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How Payday loans work:

Payday loans are short term loans made to borrowers using the borrowers personal check or electronic access to the borrowers bank accounts as security. Payday loans are repaid on the next pay date with the original amount borrowed plus any finance charge.

Payday loans size are range typically between $250-$1500 with terms of 14 days or 30 days.

Direct Payday Lending vs Matching Service

It is important to distinguish between financial institutions which actually approve and lend monies versus matching services provided by a company. Matching services collect the necessary financial details and catch the applicant with lenders.
Direct Payday Lending vs Matching Service