100 Day Loans is a payday loan service designed around getting money to the customer as quickly as possible. At just over three months, 100 day loans has the longest terms of any of the best payday loan services we reviewed. Furthermore, the service has one of the fastest loan approval times of any payday loan service in the industry. Further still, their rates are nearly unmatched and the service is available in all 50 states. For those reasons and more we awarded 100 Day Loans the TopTenREVIEWS Gold Award for payday loan services.
Borrowers must provide the following personal information at least once: email address, full name, mailing address, telephone number, date of birth and gender. Of course, the service requires account numbers and other sensitive personal information. However, rest assured that 100 Day Loans does not share this information with third parties.
Be aware that while 100 Day Loans does not sell your personal information, you will get a significant number of junk emails to the address you use to apply for the service. Although we find this annoying, the information concerning your accounts and personal data is completely safe.
Just as with a conventional loan, 100 Day Loans has a good amount of forms and digital paperwork that needs to be filled out before you can receive the cash in hand. 100 Day Loans boils the application process down to three simple steps. If you fill everything out correctly and quickly, it's possible to complete your application within an hour. Approval can happen within minutes after your application is submitted.
The site is very easy to navigate and provides quick results. Most of the information needed for the applications is easy to find and enter.
The 100 Day Loans process is as follows:
It's best to pay off your loan as soon as possible so that you don’t have to pay back more money than you borrowed. The beauty of 100 Day Loans is that it will give you 100 days to pay them off, and that is much better than the 14 days that its competitors enforce.
Many of the customers who apply for payday loans have bad credit. 100 Day Loans has those customers covered. Things like credit score, credit report and credit history are not considered during the application process. So, if your credit is less than perfect you still have a good chance of getting the cash you need when you use 100 Day Loans.
Once your application is submitted, reviewed and approved, you can usually get your loan within one business day. Depending on your bank, it may take an additional day for funds to become available from your account. Best case scenario, you fill out your application and it's available the next morning when the bank opens. However, your experience will vary depending on what state you live in, your bank's funds availability policy and the size of your loan.
Because 100 Day Loans operates in all 50 states, laws and regulations fluctuate based upon where you live. Therefore, depending on which state you are in, the cost of credit per $100 borrowed will vary from $5-$25.
The annual percentage rate is currently 651.79%. 100 Day Loans works with over 167 lenders, and because it uses so many lenders, we cannot provide you with a specific number of days that the borrower has to pay off the loans. The lenders 100 Day Loans works with dictate the specific terms of individual loans.
Your first loan with 100 Day Loans has a maximum payout amount of $1000. Returning customers may be eligible to receive more than that amount depending on the state they reside in and the lender they choose.
Repeat borrowers are also judged on their loan amount based upon their repayment history. If you have extended or defaulted using one or more of 100 Day Loans' lenders, you may experience a higher interest rate, fees or even be denied a loan altogether. For this reason, we recommend that you repay your loans as quickly as possible, as to not close the door on potential loans in the future.
100 Day Loans offers some of the most competitive rates in the payday loan industry. This is because they use hundreds of lenders around the country. This enables them to pick and choose the best rates and terms possible and tailor loans specific to their customers' needs.
The easiest way to apply for the loans will probably be through the website, but you have the option of calling the representatives over the phone. The website provides a FAQs section as well as phone support if you should encounter any problems.
If fast money is what you need, and you are not exactly sure how quick you can get the money to pay off the loan, then this is the best product for you. It is quick and easy to get the money that you need. 100 Day Loans makes lending easy and reliable.
This payday loan service works with many different lenders to ensure the best deal possible for your situation.
You will receive many emails from third party companies.
We determined that 100 Day Loans is the best payday loan service available.