What people think about Purple Payday?
Stay away!! They approve me for a loan but it’s been 4 days and still no money in my account! Tired of waiting…. Not sure I will ever receive my funds.
I tried to borrow money from Purple Payday. They rejected me. Why then say they approve everyone even those with bad credit?? Choose another lender. Later, got many calls with an offer to apply for a cash advance loan. I do not recommend this lender.
Prof. Lauryn McCullough II
Freaking out APR. Had to pay off really A LOT. Read the agreement carefully before accepting the terms and rates. Had too many problems. Client service was unsatisfactory too. The lady on the phone was very disrespectful. Not happy. Better explore another lender.
I took loans from Purple Payday many times. Previously it was ok. Last time they said I was accepted. Said the funds would be in my account within 7 hours. It’s been three days – no money. They do not answer phone calls. Why???
Above there is information about a exact company. Below you can read common features of payday loans.
Payday Loans in New York, New York
A payday loan is a short-term loan that can help you deal with emergency money needs until you get your next paycheck. Available amounts usually range from $100 to $1,000.
Payday loans may seem like an easy and fast solution to a short-term problem in New York, New York. Loans from payday lenders can get you money within a few hours. Your APR will depend on a few things.
25% small loan cap
Advantages of Purple Payday that offers payday loans in New York, New York
- 24/7 application. This means you can apply and get money at any time. Funds are deposited into your bank account immediately, so you do not need to visit to the lender’s store.
- No paperwork. You will only be asked to have basic documents. In most cases, you will only need an ID. Paystubs are not required.
- Online application. Your request will be processed much faster than in other financial institution. Funds are transferred to your account very quickly.
- High approval rates. 94% of applicants are approved.
- Any credit welcomed. Banks reject applicants with bad credit. But payday lenders are ready to help people with any credit score.
Information needed to complete a loan application
Submit your application to get a loan offer, then review its terms and rates.
Payday loans for bad credit
Having a poor credit score automatically disqualifies people from getting a bank loan. Payday loans give individuals with a poor credit rating an increased opportunity to get approved for short-term loans. A payday loan may be the only option available for some clients to help them cover urgent expenses. If you take out such a loan, it is critical that you always borrow within your needs and pay off your loan commitments on scheduled.
To get approved for a loan, you need to meet the following eligibility criteria:
- be 18 years old or older;
- be a U.S. citizen or permanent resident;
- be employed and have a steady income;
- have a valid checking account in your name;
- have an email address and phone number.
Rate Your Credit Score
- No ability to get a loan
- No ability to rent a room
- 80% of loan approval
- Apply for all loan types
- 95% of loan approval
- Apply for all loans including mortgage
If you are going to apply for a cash advance loan, you can use an online calculator. It will show the real APR of your payday loan.