Getting Fast Payday Loans from Direct Lenders

It is always easier when you deal directly with somebody. The transaction is shorter and you can save time and money. The same is true about negotiating payday loans from direct lenders. You do not only avoid paying brokers’ fees but also get the loan approval faster. It frees you from the hassle involved when dealing with a broker. Find direct lenders of personal loans and stay away from brokers.

Having no intermediary in a transaction has its own advantages. It clears the communication lines between the two parties. Direct negotiations between a borrower and direct lender limit the time needed to seal a deal. It also eliminates unnecessary costs associated with the involvement of a third party like a broker. Brokers charge a fee for their services. It is normally added to the basic fee collected by a lender. If you are a borrower, it is to your advantage if you will deal directly with the lender. You can save more time and the cost of service provided by a broker.

When To Rely on a Broker

However, there are borrowers who lack the time and skills to negotiate at all so they may prefer to deal with a broker to look after their interests. But most borrowers do not know that brokers work on behalf of their lenders so it is natural that they will work in favor of their employers. In a transaction with fast payday loans the broker can help the borrower by matching a loan application with one of the lenders. Brokers can find the best lender on their list that will match the borrower’s needs. They can also assist the borrower in the search for the lender charging the lowest interest.

Protect Your Personal Information

But in the process the borrower will be exposed to several lenders. The information entrusted to the broker is now distributed to several lenders who are not authorized in the first place. The security of the borrower’s personal information may now be compromised. In case like this, the borrower is open to a flood of unwanted offers.

There is also a possibility the borrower will not get approved. Since different lenders have copies of his or her information they may run their own credit check. And if they find out that the borrower has bad credit, this information may be sent to the other lenders. This will affect the chances of getting the best fast payday loans from direct lenders.

While working with a broker your access to information on lenders may be limited. If you depend exclusively on a broker, you are shut off from other information regarding fast payday loans that you are seeking. The brokers know they are in charge so that you will get offers based on the research most beneficial to their interest. In addition, they will charge you more than what you can get from a direct lender.

While it is really difficult to find the best lender online by yourself, you will have to spend more money if you decide on a broker. It is therefore an idea that before you negotiate with a broker, try to do some research about fast payday loans from direct lenders on your own. In the process, you will know who to deal with and how they operate.

NOTICE: PAYDAY ADVANCE LOANS ARE AN EXPENSIVE FORM OF BORROWING AND SHOULD BE USED SOLELY FOR SHORT-TERM FINANCIAL NEEDS, NOT AS A LONG-TERM FINANCIAL SOLUTION. CUSTOMERS WITH CREDIT PROBLEMS ARE RECOMMENDED TO REQUEST CREDIT COUNSELING OR ASK FOR HELP A NON-PROFIT FINANCIAL COUNSELING SERVICE IN THEIR COMMUNITY.
Articles on the Site are published solely for informational purposes. They should not serve as substitute for authorised documents or counselling of a qualified authority.
The APR on a two-week loan ranges from 390% to 780%. The APR represents the loan amount, the loan cost, the loan term, the loan repayment amount and timing. Loans with the lower APR may apply for a larger loan amount and for a longer loan term. Loans with the higher APR may apply for a smaller loan amount and for a shorter loan term.
If the customer doesn’t repay the loan as specified in the loan terms, the lender can: charge late fees, report the customer to a collection agency, which can have a negative influence on the customer’s credit score, offer to renew, extend or refinance the loan, which may incur extra fees, charges and interest.


Unitedfastloans.com is not a lender. Only the lender can provide the customer with information on loan terms, APR and the consequences of non-payment, late-payment or partial-payment of the loan. It’s recommended that the customer inquires the lender about the rates, charges and policy of non-payment, late-payment or partial-payment of the loan.