Best Reviews TopConsumerReviews.com Best Cash Advances Best Reviews
Best Reviews
      August 15, 2020

Home  >  Cash Advance  >  My Payday Loan vs Large Cash Loans

Best

Cash Advances

  1. Cash Advance
  2. Ace Cash Express
  3. Cash Corner
  4. Honest Loans
  5. Payday Loan Today
  6. Helping Hand Adv
  7. Cash Central
  8. Cash Net USA
  9. My Payday Loan
  10. Securaloan
  11. Large Cash Loans

Your Information Is Secure
Personal Loan Tips Newsletter

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!

Latest Reviews

Auto Loans

Babysitters

Christmas Cards

Credit Counseling

DUI Lawyers

Fruit Clubs

Home Brew Beer Supplies

Homeschool Supplies

Music Publishing

Senior Care

 

Individual Reviews

Trusted Payday

Cash Advance

ACE Cash Express

Cash Corner

Honest Loans

Payday Loan Today

Helping Hand Advances

Cash Central

Cash Net USA

My Payday Loan

Securaloan

Large Cash Loans

 

Related Articles

Cash Advances Offer Fast Cash When You Need It

Fast Cash Cash Advances vs Traditional Loans

Cash Advance FAQ

The Benefits of Cash Advances

Applying for Cash Advances Online

How to Find Lenders Specializing in Cash Advances

Reasons Why You May Need a Cash Advance

Cash Advances and Your Credit

Tips for Getting and Repaying a Cash Advance

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

My Payday Loan vs Large Cash Loans

Best Cash Advance Companies

To help you find the Best Cash Advances, TopConsumerReviews.com provides you with an in-depth comparison of My Payday Loan and Large Cash Loans.

To see ALL of our reviews for the Best Cash Advances, please Click Here

Cash advances provide a much-needed service to millions of people. There are many times when short-term debts outrun the ability to pay. In times like this, a cash advance (a loan against a future paycheck) can provide the cash necessary to meet those needs.

The advantages of cash advances are many. Often they don't require a credit check from the major three credit bureaus. The best cash advances offer amounts that can range from a few hundred dollars to $1,000. And you receive your loan very quickly; sometimes as soon as tomorrow.

Continue reading below reviews

Best Reviews

2020

Cash Advance Reviews

2 stars
My Payday Loan

MY PAYDAY LOAN

Visit Site

Loan:

$200 - $600 for first time customers

Up to $1,000 for returning customers

Cost:

Varies based on your state and the length of the loan

While at first glance the website at My Payday Loan may not look as professional as some other cash advance lenders we've reviewed, the fact is that they offer a reliable cash advance application process and fast delivery of your approved funds - as long as you apply during their normal business hours.

It takes no time at all to complete the online cash advance application at My Payday Loan. If you complete the application within their business hours (9am - 6pm est M-F), you can be approved within minutes. However, if you complete your application outside of these hours, you may not hear back on your status until the following day.

If your cash advance application is approved by 5pm est, you will receive your funds electronically deposited into your checking account the following business day. Of course, this means that if you complete your loan application outside of their business hours, you may not receive your funds until 48 hours after you complete your application. This can result in a frustrating delay if you need access to your funds more quickly than that.

As part of the cash advance application process, My Payday Loan requests you to submit references and their phone numbers. They state that they verify all references before approving your loan, however they do not disclose the name of their company or the nature of your loan. It's important, though, to provide valid phone numbers with your references.

We wish My Payday Loan was more flexible in order to accommodate customers who apply for a cash advance outside of normal business hours. Their insistence on contacting references also may also give some people pause - however they do keep your personal information safe and confidential.

Visit Site
1.5 stars
Large Cash Loans

LARGE CASH LOANS

Visit Site

Loan:

$300 - $1,000 for first time customers

Cost:

Vague. they only state that they are in compliance with state and federal laws.

Large Cash Loans, like most of it's competition, touts an easy approval process with no application fees. In most cases the money can be deposited directly into the customer's account within 24 hours. However, they do not advertise "nothing to fax" like many other payday sites, and you may need to fax documentation. Their other pre-qualifications are pretty standard; must be a US citizen at least 18 years old, have an income of at least $1,000 per month, and have an active checking/savings account. As long as these criteria are met, and the loan application is complete, you should be able to get a cash advance for up to $1,000.

Large Cash Loans provides a very comprehensive and informative site. For example, there is an entire section entitled "Resources". This section includes information on credit services, credit repair, debt consolidation, bankruptcy, credit cards, mortgages and insurance. Phone numbers and websites are provided for most of these services. Large Cash Loans seems to target a more international market, with references to services in the US, Canada and the UK.

Large Cash Loans also holds security in high regard. They explain at length the security and privacy measures they have taken to keep their customer's information confidential. In today's world of identify theft, this is reassuring to know. Customer Service is available through either a toll-free 1-800 number or by email.

The information provided on their website is helpful and they offer a high limit on loan amounts. We wish they posted their service fees online in a more accessible manner.

Visit Site

Continued from above

Drawbacks? Cash advances typically charge service fees that are greater than traditional loans. These service fees can range from $10 to $30 per $100 loaned, and sometimes even more. Many states have regulations stipulating the amount of service fees that can be charged. Obviously, the best cash advances are meant to address quick cash needs, and should not be used as a long-term solution.

Still, in order to meet short-term obligations, cash advances can provide a fast and easy solution. When evaluating different cash advances, there are certain factors you want to consider. Some of these include:

  • Loan Amount.  How much money do you need? A variety of loan amounts are offered by different lenders.
  • Service Fees.  Look for companies that state their fees up front or guarantee lowest fees.
  • Convenience.  Can your application be processed entirely online, or will you need to fax in documents? How quick will the money be deposited to you?

TopConsumerReviews.com has reviewed and ranked the best cash advances available today. We hope these reviews help you meet your short-term financial needs!

Is a Merchant Cash Advance Right For Your Business?

Merchant cash advance is a lump sum of cash, repaid by using a portion of your daily credit card sales. Learn the financing product's pros and cons.

Published:  Wed, 12 Aug 2020 13:03:00 GMT



Merchant cash advance companies using high-interest loans to 'strong-arm' small businesses

California small business owner Jay Hoehn is calling attention to merchant cash advance companies who are using high-interest loans and abusive collection tactics to prey on small businesses as ...

Published:  Thu, 13 Aug 2020 08:57:00 GMT



Feds: Philly-based cash advance tycoon threatened to flee country with millions in his private plane before his arrest

Joseph W. LaForte, the convicted scammer and founder of a Philadelphia cash advance company at the center of an alleged $500 million financial fraud, threatened to flee the country in his private ...

Published:  Tue, 11 Aug 2020 14:24:26 GMT



Cash-Advance Tycoon Arrested on Gun Charge Amid FBI, SEC Probes

Joseph LaForte, who until recently ran one of the country's largest cash-advance firms, was arrested on a firearms possession charge as he also faces federal criminal and civil probes into his lending ...

Published:  Fri, 07 Aug 2020 14:49:05 GMT



Capital One Quicksilver Cash Rewards Card 2020 Review

The Quicksilver® from Capital One® credit card offers a flat 1.5% cash back on all purchases with annual fee. It also offers a . However, after the promotional period, other cards provide higher ...

Published:  Fri, 14 Aug 2020 14:22:00 GMT



Cash-Advance Tycoon Loses Control of Firm Amid Fraud Allegation

Joseph W. LaForte, a convicted scammer who went on to start a Philadelphia lending company that raised almost half a billion dollars from investors, lost control of the business last week after ...

Published:  Wed, 05 Aug 2020 10:55:34 GMT



Delaware County Man Accused Of Using Cash Advance Company To Prey On Small Business Owners During Pandemic

The U.S. Securities and Exchange Commission is now suing Par Funding for, in part, lending money to small businesses at extraordinarily high-interest rates.

Published:  Tue, 11 Aug 2020 15:23:00 GMT



Senators welcome PhilHealth's suspension of cash advances for COVID-19

Several senators welcomed the decision of PhilHealth to suspend the implementation of its Interim Reimbursement Mechanism (IRM) for COVID-19 amid various issues arising from ongoing investigations in ...

Published:  Fri, 14 Aug 2020 08:01:51 GMT



Lucio Tan advances to PAL hit P17.7B amid mounting losses due to COVID-19

Taipan Lucio Tan continued to pump billions of pesos into Airlines (PAL), helping keep the flag carrier afloat as losses in the first semester of the year topped P20 ...

Published:  Fri, 14 Aug 2020 20:37:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure