Don't Get Scammed - Top Scams exposed!
Thanks for visiting scammer alert! My name is Frank Matthews. On this site I expose the truth about online money making scams, and give the straight dope on the legitimate ones. I have been following online money making scams since 1998 and exposing the truth behind them. Over the past 9 years I have explored virtually every work from home scam online.
Learn To Avoid Pay Day Loan Scams
Internet PayDay loan scams are a very serious problem. The amount of scam artists selling cash advance loans on the Internet is increasing daily. As you may already know Scammer-Alert.com is dedicated to brining awareness to these Internet scams. As usual, we have done extensive research on virtually every payday loan company we could find on the Internet. I'm exposing the truth behind the fast cash loan, and providing you with a short review of the most honest companies out there. There are numerous payday loan companies looking to rip off hard working people just like you and me, and without the right information you could easily find yourself trapped in an endless cycle of payments. Every now and then all of us need some extra money to pay for car repairs, school supplies or any number of unforeseen expenses. It happens to everyone. I hope to provide you with the knowledge and expertise to spot the scammers and find the PayDay loan company that suits your needs, not theirs.
So why are there so many Payday Loan scams on the Internet?
The internet is an attractive venue for scam artists to search for honest people looking for cash loans. The most appealing is the fact that you never see them. Doing business on the Internet is very attractive to scam artists because it is very easy for them to hide their true identity. Companies using the Internet can create virtually any image they want you to see. Just because a company has a nice looking web site doesn't mean they are an honest group of people. Web sites can be set up in a matter of hours, and can be taken down in just a few minutes. The Internet makes it simple to close up shop and disappear almost instantly. It is also very cheap, for a just a few dollars almost anyone can get an internet web site hosting account and email service. Some of these scam artists are so good they can even scam other companies out of these services, thus making it 100% free for them! The Internet also provides a great pool of new people to rip off. Scam artists know that in order for them to keep making money they have to keep finding new victims. Since the Internet is world wide it makes a perfect place to find new people to exploit and steal from. Many honest, hard working people looking for payday loans are unaware of scams and the unethical tactics they use to capture new "customers." Most the time these sites were set up as "phishing" sites. Phishing sites are designed to collect personal information on you such as your name, social security number, phone number, and bank account numbers, etc.. This information is then used to get credit cards, drain your bank accounts, or worse your information is sold. Sometimes your identity is sold to the highest bidder, who uses it to defraud the government, avoid taxes, or even sold to illegal immigrants so they can gain employment. I did find several sites that were not designed to collect information, however they were still usually rip offs, with very short payment terms, and high interest rates. They were more than happy to loan you money, however 9 out of 10 times the loan time was very short, which means you constantly had to request extensions which of course comes with a fee. Also the interest rates for these loans were sometimes as high as 350%! That means if I borrowed $1000, they expected me to pay back as much as $4500! Now I don't know about you, but that sounds like highway robbery to me. Even worse these companies had extremely high late fees, in some cases if you were just 1 day late you could expect to pay a few hundred dollars in fees.
This is where I come in.
Over the last 2 months I have signed up for PayDay loans from over 50 different companies on the Internet. I contacted their customer service departments, and took advantage of every service they offered. I also did extensive research into the back grounds each of them. While some of these companies provided an excellent service, the large majority were complete and total frauds. After completing my exhaustive research I did manage to find 4 good companies that are honest and up front about how they loan money. All 4 don't require you to fax any information into them, and I had the cash direct deposited in my bank account within 1 business day. Each of them had a large, helpful, and courteous staff who answered my questions. Most important of all they had a toll free number I could call at any time. I was shocked at what I found while investigating the multitude of web sites out there, but I expect more and more of these scam artists in the future. As always I will keep you updated on my findings.
Regards,
Frank Matthews
Scammer-Alert.Com
Secure Money Store Review
Click Here To Visit Secure Money Store
Maximum Loan Amount: Up to $1500
Loan Days: Up to 30 days
Electronic Approval: Yes, 30 second
Requirements: A bank account, savings or checking.
Get Cash In: 1 business day
Review:
The Secure Money Store is gaining more and more popularity each day. They also provide loans up to $1500, and have a 30 second fax less approval process. The Secure Money Store deposited the funds into my account within 2 business days. If you were denied by Magic Payday Loans or Team Quick Cash, or already have a loan through them give The Secure Money Store a try. I found their approval process to be a little more forgiving. Their great customer service, and fast approval process will make them the #1 payday loan company in no time.
Magic Payday Loan
Click Here To Visit Magic Payday Loan
Maximum Loan Amount: Up to $1300
Loan Days : Up to 30 days
Electronic Approval: Yes, 30 second
Requirements: A bank account, savings or checking.
Get Cash In: Overnight
Review:
Magic Payday loans is one of the finest cash advance loan companies around. They have a faxless 30 second approval process and your money is usually sent to you overnight! Their representatives are easy to work with, polite and they explain the whole process start to finish. Everything is laid out in front of you so you can make an educated decision. No one I spoke to at Magic Payday Loan tried to talk fast or hide anything. They provide an online management panel so you can pay off your loan and manage your account right from your computer. The management panel is easy to use and well laid out, however if you have any trouble you can contact one of their friendly customer service representatives who will help you with any problems you might have. Overall this is the best payday loan company out there.
Team Quick Cash
Click Here To Visit Team Quick Cash
Maximum Loan Amount: Up to $1500
Loan Days : Up to 30 days
Electronic Approval: Yes, 30 second
Requirements: A bank account, checking only.
Get Cash In: 1 business day
Review:
This is one of the older more established cash advance companies available. Team Quick Cash has the best customer service department out there. I have to say I'm impressed with their whole package. The application process was quick an easy. I was approved instantly within 30 seconds, and the money was in my bank account the very next day. The whole process was very smooth, and all it required was a bank account. The only requirements are that you must be 18 or older, have a checking account, and be a US citizen. Overall Team Quick Cash is a great choice for your short term loan needs.
Cash Central Review
Click Here To Visit Cash Central
Maximum Loan Amount: Up to $700
Loan Days: Up to 30 days
Electronic Approval: Yes, 30 second
Requirements: A bank account, savings or checking.
Get Cash In: 1 business day
Review:
Cash Central has been around quite a while, and is probably mone of the most seasoned cash advance company out there. They have an excellent track record, and have been in business for several years. Just like the other choices they provide a 30 second approval process, and they direct deposit to your bank account in 1 business day. If you need $700 or under I highly suggest you try Cash Central. They have the best service out of all of the companies I reviewed, and put in the extra time so I could get my money quickly. In a recent survey of their customers they got a 97% approval rating. Excellent service!
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