searching payday loan places online

What Should I Look For In A Payday Loan Place?

A payday loan place should be somewhere that offers reputable services to people who need emergency cash. Unfortunately, this area of lending has become a haven for scam lenders who are a disservice to a reputable payday loan company. Here’s what you should look for in a payday loan place. 

A payday loan company should always the customer first, without pressuring you into making a decision or prompting you to think that loans are your only recourse. In addition, you should check to make sure the business has a physical address and a reachable phone number to verify that they are legitimate.

There are a number of ways you can check out a payday loan place online before you commit to a single direct lender. In this article, we’ll go through the telltale signs of a scam lender and give you a heads-up on what to expect when you’re taking out a payday loan.

What Should You Expect From A Reputable Lender?

Reputable lenders will always prioritize customer service over everyone else. Pushy salesmanship and emotional pressuring should never be part of any representative’s service, and that’s especially true of payday loans, which are often issued to people with few financial alternatives.

As such, you should expect to be treated with dignity and respect, never feeling as though you have to make a loan decision right away or that loans are the best decision.

paycheck and payday loan cash

Another marker of a reputable company is communication. A payday loan place with a good reputation will never ask you to sign something without explaining it or give you blank documents to sign, claiming they will be filled in later.

If anything seems amiss about the company, you’re well within your right to walk away and not look back, and should you have any questions whatsoever about the process, be sure to ask.

This principle will help you not only detect potential fraud but also ensure that you’re aware of your loan responsibilities when you take out a legitimate payday loan.

Smart Legitimacy Tests You Should Consider

Before you sign up for a payday loan, consider checking the following criteria:

  • Does the business have a reachable phone number?
  • Does the business have a physical address that matches its company description?
  • Does the business have payday loan application requirements?

A payday loan company should always have a phone number that will connect you to a helpful representative during business hours.

If the company doesn’t have a number at all, then you should be concerned. Another quick check on their website should reveal an address if the company is legitimate. A Google search of the address should point you to one of the loan offices listed in their name.

Lastly, you should always check that the payday loan place has application requirements. Payday loans are aimed at people with poor credit, but having no requirements at all is a major red flag and may indicate that the lender isn’t legitimate.

How To Apply With Cash Cow Louisiana

Cash Cow Louisiana is in the business of helping people get payday loans, even if their credit is poor or nonexistent. To apply, you’ll need the following items:

  • A driver’s license or government-issued ID
  • Your most recent pay stub
  • A blank check from an active checking account in your name

To get started, you’ll need to get connected with your nearest Cash Cow Louisiana location. Doing so is super simple: provide the information directly by phone or use the online request form to send your info to the closest location.

A representative will give you a quick call back to describe the loan process, helping you understand everything you need to know about getting a payday loan.

man holding payday loans on card

If you have any questions, feel free to ask at this time. Once you’re done on the phone, head to the nearest Cash Cow Louisiana store to speak with a representative in-person.

After confirming you have all the necessary items, an associate will go through the loan request process with you.

Should you get approved for one of Cash Cow Louisiana’s payday loans, then you can expect to receive your money on the same day or the next business day.

Get Started Today!

Finding a payday loan place that you can trust can be difficult. Payday loans often get a bad reputation, largely because of the many scam lenders that prey on people having a rough time.

Thankfully, now that you know how to spot the bad eggs, you’re all set to use this financial resource as intended.

If you need a little extra cash to keep you afloat during rough times, then a loan of up to $500 from a payday loan company like Cash Cow Louisiana might make all the difference.

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Louis Tully

Louis Tully is a full-time finance writer offering financial expertise to everyday consumers. He understands the core values of finance and used his writing talents to share his own experiences with money to his readers. His articles teach how financial failures can easily become successes by making new habits and creating realistic goals.