You do not want to obtain instant approval payday loans from just anyone. As you look around for loan companies, there are several things you should consider. However, look no farther than HPD Loans for instant approval payday loans with fair interest rates, an easy application process, and security that you are putting your sensitive information in the right hands. Consider the following questions before securing a loan through us.
How Much Will Interest Rates Be?
Nothing damages your credit score more than taking out instant approval payday loans that you cannot afford to pay back. Before you take out a loan, consider the amount that you know you are capable of paying back. However, be careful to include interest rates in this amount. The lending rates for short-term loans are higher than others, making it critical that you factor this into your decision.
How Easy Is the Loan Process?
The last thing you want to do when trying to get instant approval payday loans is spend the entire day jumping through hoops to get the verification you need. At HPD Loans, we want to get you the money you need easily. We only collect four pieces of information before approving you loan, your identification or license number, a bank account with your name on it, your employment and income information, and a valid email address. By collecting this information, we can easily secure your deposit and repayment of the loan, verify your age, and secure a means of contact.
Does the Lender Offer the Proper Security Measures?
A good amount of the information that is provided during the instant approval payday loans process is sensitive. You do not want to let just anyone access your identification number, bank information, employment information, and email address. At HPD loans, we understand this. We take the proper security measures to ensure your information does not fall into the wrong hands.
We offer a high level of security when you choose a loan through our online website. We encrypt information and have security measures that prevent hackers and other outside sources from gaining access to your information.
What Are the Late Penalties?
At our company, we realize that things may come up that prevent you from paying your loan exactly on your due date. If this does occur, all you need to do is pick up the phone and call us, or come to one of our physical locations. You will find that we can most likely extend the due date for your loan. While this does not mean that late charges and additional interest will not be applied, it does mean that after speaking with us we will not roll your loan amount over into our collections department.