What is a payday loan?
A payday loan is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. Typical loans are between $100 and $1000 and are due in two weeks.
Is a payday loan for me?
If used responsibly, a payday loan can be a great tool to provide assistance during a time of financial need. When choosing a payday loan company, there are two important things to keep in mind:
- It is important to choose a company that practices responsible lending.
- It is just as important to make sure you use a payday loan responsibly.
How does Payday Loan OZ practice responsible lending?
- PaydayMate.com.au provides customer service representatives available to answer any questions or concerns twenty four hours a day - seven days a week!
What can I do to ensure I use my payday loan responsibly?
- Never use a payday loan for a long term financial challenge.
- Never borrow more than you will be able to pay back on your scheduled repayment date.
- Never borrow money from a company that doesn't practice responsible lending.
- Always make sure you choose a company with superior customer service, and who puts your best interests first, before making a profit.
