Rates & Fees
The majority of people who are in need of easy money through a quick payday loan don’t have time to wait through a lengthy credit check or loan approval process. Our website can provide you with the easy money loan you need, without the hassles and lengthy paperwork required for a traditional loan. At EZMoney.com, we operate entirely online. Let take a story of two of our recent customers, illustrating the rates and fees you’ll encounter on your way to getting your hands on easy money.
A Tale of Two Sisters
Earlier this year, sisters Mary and Martha were in need of easy money. At nearly the same time, the sisters decided to seek an online payday loan. After becoming frustrated with the hidden fees, sky-high rates, and denials from other websites, Mary and Martha found EZMoney.com.
The sisters were pleased to see that EZMoney.com wouldn’t be charging them any fees to apply, since the site is not a financial lender. Instead, EZMoney.com provides a service to reputable lenders by matching them with people who need financial assistance. Mary and Martha each decided to put in an application. The sisters agreed that EZMoney.com’s online application and speedy approval process fit their lifestyles, and they appreciated that EZMoney.com didn’t charge anything to submit an application.
Paths to Success
After approval by EZMoney.com that Mary and Martha noticed some differences in their payday loans. While EZMoney.com makes good on their promise to never charge fees, the actual lender will does charge fees and interest. The Truth in Lending Act requires that lenders make all prospective borrowers aware of these rates and fees up front, since rates and fees differ from state to state. Everything is fully explained in detail, and there is no obligation to accept the terms of any loan offered.
When Mary received her loan offer, she consulted with Martha. Mary saw that her home state, Mississippi, capped online loans at $400 and did not permit a rollover. She would have a maximum of 30 days to pay off her loan, and would pay $22 per every $100 borrowed with an interest rate of 18 percent.
In Wisconsin, where her sister Martha lives, the state caps payday loans differently, setting a high of $1,500 or 35 percent of Martha’s income. In Martha’s case, her lender sets the terms accordingly and explains them in the loan offer. Martha can have one loan rollover, which means she can extend the term of her loan one time.
The Moral to the Story…
Just two people can illustrate the vast difference in rates and fees associated with getting easy money through an online loan. Trust EZMoney.com to shepherd you through the process just as we did with Mary and Martha, and get your easy money loan today.