WHY CHOOSE ICASHLOANS ? : When you need cash quickly you want to work with a service that is reliable and experienced in the payday loan industry - iCashLoans is both. We pride ourselves on connecting our customers with the best payday lenders to meet their needs. Why waste time visiting dozens of websites trying to figure out which lender will serve you best? iCashLoans is the only site that you need to visit when you’re looking for a fast, secure payday loan.

Cash Loans: "We Search 100+ Lenders Money in Your Account Next Day"

About Us:

Our services are designed to help you find a reputable payday lender to work with. iCashLoans has a large number of lenders in our network, and we are confident that we can assist you in obtaining the best payday loan to meet your needs. Everyone hits a rough patch financially at some point, and payday loans are a great solution for short-term cash flow problems. You don’t have to worry about how you are going to pay an unexpected bill, or cover an emergency expense, between pay checks - iCashLoans is your source for finding payday loans. Using iCashLoans is 100% free to you - we do not charge any fees for our services. When you use iCashLoans you will save time and money. All you have to do is provide us with basic information and we will instantly search our network of lenders to find you the loan that meets your needs. At iCashLoans we pride ourselves on working with lenders that are fair and honest in their lending practices. Our main goal is to provide you with a great experience when searching for a payday lender. All lenders in our network are required by law to follow all of the rules and regulations related to payday lending. Don’t drive around town to visit payday loan shops, and forget about looking at website after website trying to find a loan with fair terms. iCashLoans is the only place you need to go to find a payday loan. We will search our vast netowrk of lenders instantaneously to find you the loan that you are looking for.

Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

Saturday, November 9, 2013

Payday Loans - Top Of The Search Engines Doesn't Mean Top Quality

Payday Loans - Top Of The Search Engines Doesn't Mean Top Quality
In a recent study, search engine researchers performed internet searches for some popular loan related terms including; Payday Loans, Cash Advances, Payday Cash Advances and Best Online Loan. The subsequent search results showed that although several web sites consistently came in at the top of the search engine results, when their respective Better Business Bureau records were investigated many of them had multiple consumer complaints and very low reliability ratings. Further investigation showed a number of customer reviews complaining about the lack of service and miscommunication of loan terms by the lenders.

Over 60% of today's payday loans are issued over the internet via direct deposit into the borrowers checking account with no credit check, no faxing and no face-to-face interaction required in order to get the loan. Many of these online payday loans offer instant approvals over the internet and are issued in an hour or less by the online loan provider.

A loan that is issued with this kind of speed obviously has its advantages for the consumer, however a consumer typically uses these lenders when they are in need of emergency cash and consequently they don't do very much research on the source of the loan. Instead relying upon the major search engines to do the work for them and simply picking the online lender who comes up at the top of the search engine and assuming that they are a reliable source of fast cash loans.

During the research, there were 6 web sites that repeatedly showed up in the top 10 search results under multiple related search terms and of the 6, all received either a grade of D- or an F from the Better Business Bureau. At least two of these companies had 40 registered complaints or more and in one case, of 14 total complaints filed with the BBB the company has failed to respond at all to 13 of those consumer complaints.

Reasons for consumers complaints varied, but the research showed that many were of a similar nature in categories such as; deceptive selling practices, failure to provide service, Unable to contact and various other complaints.

Unfortunately, the major search engines don't seem to have a method of filtering out results from companies with multiple consumer complaints, instead relying on computer algorithms that can be manipulated by search engine specialists who understand how these search results are calculated. It's no surprise that all of the web sites listed above employ entire departments of these web experts to make sure that they continue to show up at the top of the search engines.

If a consumer wants to find the best online payday loan that has no registered complaints with the Better Business Bureau, State Attorney General or Federal Trade Commission, the first step that we found to be the most effective is to do a search for "Payday Loans With No Complaints" instead of just searching for "Payday Loans". Look for consumer reviews about these loan providers and then do a check on the BBB website to make sure that they don't have any complaints. Most of the time if a site does not appear on the BBB website, that's a good thing because most will only show up after a consumer has filed a complaint against that site. If the site isn't there, that means that no complaints have been filed and it is most likely reliable to do business with.

Advances in search engine algorithms are heading in the right direction and hopefully, before too long, consumers will be able to search with confidence and the top search results will also provide a top-level of reliability, but until then, "Buyer Beware".

Christian T. Rogers has been working in and writing about the Online Payday Loan industry for over 10 years. He has been helping consumers find the right payday loan to fit their specific needs and has been an industry watchdog with a focus on those lenders who have no consumer complaints. His work has helped over 500,000 people apply for payday loans and he has been featured in over 1,000 print publications and on over 3,000 web pages.


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