Best Reviews TopConsumerReviews.com Best Payday Loans Best Reviews
Best Reviews
      June 1, 2020

Home  >  Payday Loans  >  Honest Loans Review

Best

Payday Loans

  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

Bad Credit Loans

Buying Gold

College Textbooks

Investment Newsletters

MCAT Test Prep

Photo Books

Photo Cards

Salsa Clubs

Slipcovers

Structured Settlement Buyers

 

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

Payday Loans Offer Fast Cash When You Need It

Fast Cash Payday Loans vs Traditional Loans

Payday Loans FAQ

The Benefits of Payday Loans

Applying for Payday Loans Online

How to Find Lenders Specializing in Payday Loans

Reasons Why You May Need a Payday Loan

Payday Loans and Your Credit

Tips for Getting and Repaying a Payday Loan

 

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

Honest Loans Review

Best Payday Loan Companies

To help you find the Best Payday Loans, TopConsumerReviews.com provides you with an in-depth Honest Loans Review.

To see ALL of our reviews for the Best Payday Loans, please Click Here

Payday loans 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 payday loan (a loan against a future paycheck) can provide the cash necessary to meet those needs.

The advantages of payday loans are many. Often they don't require a credit check from the major three credit bureaus. The best payday loans 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

Payday Loan Reviews

3.5 stars
Honest Loans

HONEST LOANS

Visit Site

Loan:

Up to $2,500

Cost:

APR ranging from 200% to 2,290%

Honest Loans provides connections between prospective borrowers and a network of partner lenders. Their application process only has two steps, but you'll be required to enter detailed personal information, including your bank routing number and account number.

We were glad to see that Honest Loans is very, well, honest when it comes to disclosing interest rates: their partners are likely to charge anywhere from 200% to 2,290% (yes, that is two thousand two hundred and ninety percent) APR. Full terms and fees are only available once you are matched with a prospective lender.

Honest Loans also has a higher lending amount, up to $2,500, than many of the services we reviewed. Of course, this depends on your personal situation, including your credit history, employment status, and so on.

Unfortunately, we were not able to find further information as to Honest Loan's history or track record with respect to customer satisfaction. We would definitely like to see customer testimonials, reviews on independent websites, or a rating with the Better Business Bureau, in order to know if they are successful with connecting borrowers with reputable sources of payday loans.

You should also know that you are not eligible for a payday loan from Honest Loans if you are a resident of one of the following states: Arkansas, Arizona, Connecticut, Georgia, Maryland, Massachusetts, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Vermont, Virginia, Washington D.C., and West Virginia.

We give Honest Loans good marks, which would easily improve with a more established reputation for good customer service.

Visit Site

Continued from above

Drawbacks? Payday loans 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 payday loans 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, payday loans can provide a fast and easy solution. When evaluating different payday loans, 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 payday loans available today. We hope these reviews help you meet your short-term financial needs!

Tiny payout for borrowers mis-sold payday loans

Those owed compensation by WageDay Advance will receive less than 6% of their entitlement.

Published:  Thu, 21 May 2020 07:57:47 GMT



Why There's No Place In Paradise For Payday Loans

A draconian Moneylenders Act, strong community spirit and an old practice called sou-sou have all helped our beautiful twin island avoid heavy use of predatory payday loans. Here I'll provide a ...

Published:  Thu, 21 May 2020 04:51:00 GMT



4 ways to get a small loan for a money emergency

When the unexpected strikes - like a car accident, a medical emergency or a layoff caused by a raging global pandemic - sometimes the only way to find money is to borrow. But you don't want to ...

Published:  Thu, 28 May 2020 19:08:00 GMT



I Can't Pay My Payday Loans What Will Happen

Many short-term payday loans have harsh terms. These loans are designed to give you a short-term cash injection that you can pay back on payday. However, many of these loans can result in harsh credit ...

Published:  Thu, 28 May 2020 10:23:00 GMT



Pokin Around: Who does lawmaker represent in effort to regulate payday, short-term loans?

After all, during these times of joblessness and financial struggle somebody in Missouri has to stand up and fight for a multibillion-dollar industry that charges poor people 300 percent and more in ...

Published:  Sat, 23 May 2020 20:18:00 GMT



Share Us!   

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure