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PayDayRate.com Mission Statement

PayDayRate.com has been developed as a resource center for payday related services, products, tools, education, and news. As a consumer or small business, here you will find carefully selected providers of services and products we hope will meet your payday needs.

At the same time, our mission is to assist you make informed and educated decisions, help you navigate through the complex world of payday rates, present options that could otherwise feel overwhelming in a manner that is straight forward, transparent, and easy to comprehend.

Being at the forefront of technology, financial trends, and economical developments, PayDayRate.com is a valuable resource for both consumers and small businesses looking for solutions to their payday needs.

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Payday Loans: Helping or Hurting the Less Fortunate


Expert Article:
It is no surprise that the payday loan industry has been in the public eye lately.  The public is now becoming aware of whether or not payday loan companies are helping or hurting the less fortunate.  Some argue that these companies are taking advantage of the less fortunate and creating a cycle of dependency [...]


About Australia Payday Lending


Expert Article:
Payday lending in Australia is quite popular, but it faces the same type of scrutiny as similar practices do in other countries. Despite the controversy, this is an industry that continues to grow with new names jumping into the payday lending business each week. This article provides some general information about payday loans in [...]


Payday Lending


Expert Article:
What is Payday Lending?
Payday lending is often referred to as a payday loan, a paycheck advance or a payday advance.  Payday lending is extremely popular nowadays and helps people who need a limited amount of funds for a short period of time. This type of lending is named after its short pay term period.  [...]


The Truth About Payday Loans


Expert Article:
Human nature can play with our minds and convince us that the great things in life are negative because of gossip.  Therefore, many people think payday loans are scams when they can actually be the best solution available for certain people.  One must remember that the reason why payday loans go sour are because [...]


All the Facts You Need About Payday Loan


Expert Article:
Everyone falls into short turn economic crisis once in a while where you need cash now.  Since there are no trees that can magically grow you money overnight, your best option is to look for a lending company that offers payday loans.  A payday loan is a short term cash advance that needs to [...]


The Final Days of Payday Loans


News:
Payday lending has become a polemic issue.  On one side, many people are appreciative of the services that payday lending companies provide to people who are unable to receive small loans.  On the other side, many people believe that companies are taking advantage of borrowers with outlandish interest rates which force them into a cycle [...]


Arizona Bill May Decide Fate of Payday Lending in the State


Arizona Bill May Decide Fate of Payday Lending in the State, says PaydayRate
March 23, 2010 – New York, New York — Pay lending practices have become a national issue. In Arizona, the state senate is preparing to vote on these practices. The bill would continue to let pay day lenders to charge high [...]


News About Canada Payday Lending


News:
Consumer groups rejoice. Canada recently enacted some of the toughest payday legislation of any country where such loans are offered. While the payday lending industry in Canada is less than thrilled, those who have worked to protect consumers from the practices of payday lenders are surely very happy with the new laws that took effect [...]


Growth in Number of Britons Turning to Payday Loans


News:
In every country in which a form of payday loans are available, there is controversy surrounding the loans. The UK is no exception. As more and more Britons turn to this type of loan, more detractors express their concern about what that means and to the practices behind the lending.
The Loans
When mortgages were being handed [...]


A Win For Payday Lending Borrowers, says PaydayRate


News
March 2, 2010 -New York, New York – The Wisconsin Assembly finally approved a long standing bill that is set to regulate and transform the payday lending industry in the state of Wisconsin.  This bill was approved with a vote of 59 to 38 after being locked away behind closed doors after numerous hours of [...]


Four Tips for Receiving the Best Payday Loans in Canada


Tips:
Canada payday lending is different than in most other countries where these types of loans are offered. The main reason is that the country has some very tough payday lending regulations. While some other countries have limited interest that payday lenders can charge, they have allowed fees to continue resulting in what still amounts to [...]


Four Tips for Using Internet Payday Lending


Tips:
Some would read the title of this article and say the only good tip is “DON’T use internet payday lending.”There is good reason to feel that way. Many internet payday lending site operators have been accused of illegal practices and of intentionally trapping borrowers into loans that were impossible to ever pay off.
There are some [...]


Top 5 Tips to Avoid a Payday Loan Scam


Tips:
It is understandable that you may be in need of cash now but this should not be a reason to be a target for online scammers.  Payday loans can be a simple way of getting the cash you need quickly and paying it off just as quickly on your next payday.  Many people go online [...]


Top Three Questions About UK Payday Lending


F.A.Q.:
There are many companies in the UK that offer payday loans. While the interest rates are extremely high, these loans continue to grow in popularity.  With creditworthiness not being a factor, more and more Britons are finding that getting payday loans is so fast and easy that the loans are irresistible. They should, however, be [...]


Answers to Three Common Questions about Internet Payday Lending


F.A.Q.:
Internet payday lending is a booming industry that continues to grow. Some online payday lenders are large companies that also operate retail lending locations. Others are run by small operators who work strictly online. Other sites that appear to be payday lenders are nothing more than sites set up by scammers in an attempt to [...]


Top Three Questions about Australia Payday Lending


F.A.Q.:
Many consumers turn to Australia payday lending when they find that they are short on cash between paydays or have an unexpected emergency wherein they need cash fast. Some people have questions regarding these loans and this article seeks to address three of the most common.
Is it Easy to Qualify for and Close on a [...]