Payday Lending Industry
The payday lending industry provides support for those who are seeking financial help.
The benefit of using a payday lender is the quick and easy experience. You shouldn’t have to jump through hoops to get what you need, which is why we make it easy for you.
Bigger banks typically require harsher restrictions, credit checks, limited funds, etc. The payday lending industry works around your schedule and gets you cash fast to provide financial relief.
Payday Lending Industry and the Economy
In addition to being a valuable source of credit for society, the payday lending industry makes significant contributions to state economies.
These businesses are vital economic agents which purchase services from other local companies and pay local, state, and national taxes. The 155,000 jobs that the industry supports are more important than ever, given the current economic crisis.
These jobs provide salaries, benefits, and retirement investment for individuals that might not otherwise be provided.
Why Use a Payday Lending Company?
There are many benefits of working with a payday lender compared to a regular bank. Need cash quick without the hassle? That’s what we’re here for.
Easy Application Process
In urgent situations, you shouldn’t have to spend a lot of time in the application process. We understand that you need relief quickly, which is why we make our application process quick and simple.
Other financial institutions or bigger banks typically require an extensive application process that can take several days before you receive approval. Our application only requires a few pieces of information from you and can be approved quickly.
Have less than perfect credit? No problem. Unlike most banks, payday lending companies don’t rely on credit scores to lend you cash.
Convenient Online Access
Most payday lending companies, including EZ Money, offer online applications for your convenience.
There’s no need to schedule an in-person appointment with a loan officer. We work around your schedule and offer the convenience of online applications.
Payday lenders understand that you need your cash fast. When applying for loans at bigger banks, they often require a few days for your application to process.
Waiting for the application to process and waiting for the bank to cut you a check can put you in a bind if it’s an urgent situation.
At EZ Money, we make the whole process easy and we work to get you your cash fast, often times on the same day you apply.
Qualify for Higher Amount
As most payday lending companies don’t require high credit scores, you’re more likely to get a higher loan amount with a payday lender compared to a bank.
The amount you are able to receive depends on the regulations of the state you live in as well as your current salary. Our representatives at EZ Money will work with you to find an appropriate amount that you can comfortably pay back.
Different State Regulations
Payday lending regulations vary by state. The interest percentages and the amount you are able to receive depends on the state you live in.
Our team at EZ Money is well-versed on the specific regulations within the states that we serve. We currently offer payday loans in Iowa, Missouri, Nebraska, and North Dakota.
If you are unsure about your state’s payday lending regulations, our team is here to help.
Why Choose EZ Money?
Although most payday lending companies may seem the same, there are a few things that set EZ Money apart in the payday lending industry.
Locally Owned and Operated
EZ Money is a locally owned and operated company. We do not operate like most national chains and we take a genuine interest with each of our customers.
When you walk in our doors, you are treated with fast and friendly service and walk out as a satisfied customer. We understand that every customer has a unique situation and we’ll work one-on-one with you to find your best possible solution.
Contributing to Our Community
Not only do we find passion in helping people with financial services, but we also have a passion for contributing to our community.
We are proud to be actively involved in gathering donations for local organizations, such as the Leukemia & Lymphoma Society. As a locally-owned business, we believe it’s important to give back to the communities in which we serve. Need more information about the payday lending industry? Contact us today!