100 Day Loans was created with the sole process of lending money to people who need them as fast as possible. The best trait of this payday lender is that the borrowers are given a hundred days before they need to pay back the loan. This is what sets them apart from their competitors and the reason for their company name. The maximum amount that a borrower can take out is $1,500 or so it says on their website.
One good thing about this lender is that they operate in 48 states. There are only three steps that you must go through before you can get your loan proceeds. The first is applying, the second is getting approval, and the third is getting the funds.
When you apply for a loan from 100 Day Loans, there are certain requirements that you have to meet. You have to give your full name, email address, residential address, and telephone number. You also need to give your gender and your date of birth. Another requirement is your bank account details and other information as they deem fit. Do not worry since they do not share your information with other parties. This is made possible using VeriSign Secured. There are some lenders that give out your information to third parties as a way to do marketing with them and some people think that 100 Day Loans is one of them. But the information that you submit on their website is entirely safe.
100 Day Loans is very easy to use. This is one thing that they advertise heavily on since there are only three steps to obtaining the cash that you need. However, you do have to fill out smaller forms before you can get your money. The fact remains, however, that the cash you need can be obtained in less than an hour.
Their website is easy to use and to follow. The results are also fast. A lot of the information that you need can be easily found.
The costs of taking out a loan from 100 Day Loans are based on the state that you are located in. For instance, you can pay between $5 and $25 for each $100 that you borrow. This leads to an APR of about 651.79% on average.