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Online Payday Loans Direct Lenders
13 Aug 2019

Find Online Payday Loans Direct Lenders!

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Currently caught between paychecks? Maybe you have a solid, reliable income stream that is normally sufficient for your needs, but an unexpected or unusual expense has popped up and put you in financial straits? Or maybe an emergency home repair, car repair, or medical situation is making it tough to cover immediate expenses?

Whatever the reason for a temporary shortfall, online payday loans DIRECT LENDERS may be a viable solution. Read on to learn more about this type of fast cash loan!

Why Online Payday Loans DIRECT LENDERS?

The large majority of online payday loans are offered by what is called “direct lenders.” That means it’s not a traditional bank or other financial institution that involves “indirect lending.”

Indirect lenders are tied to other entities that purchase loans/debts from them as a kind of investment. And when that kind of set up is at work, stricter rules apply to who can be given a loan and what kind. Everything is more controlled by third parties than with a direct lender, who simply lends you the money.

https://bonsaifinance.com/personal-loans/By and large, direct lenders are free to do what they want. They are freed up to offer you more favorable terms than many indirect lenders can or are willing to. This equals greater flexibility and greater ability to customize your loan to your exact needs.

Which Is Better: Payday Loans Or Personal Loans?

Online payday loans direct lenders are among the most easily accessible loan-types, regardless of how good (or bad) your credit score may be at the moment. But you may have also heard about personal loans and be wondering which of the two is the best approach, given your situation.

Personal installment loans can be a good choice when you need a larger sum of money (say, over $1,000) and more time to repay. Most personal loans offer lower interest rates and fees than most payday loans online – but because the principal is lower with payday loans, you generally pay lower total interest-plus-fees dollar for dollar than with personal loans.

The bottom line is you don’t want to be in debt any longer than necessary. That’s where payday loans fit in. Being able to fill in a financial gap when you know you can get back on track fast thereafter is invaluable. If you lack only a few hundred dollars but can repay it within 2 to 4 weeks, a payday loan is the superior option.

Also note that extremely short-term and small scale personal loans can function almost like a payday loan. That is, you can borrow, say, $750 for only two or three months. That’s yet another option.

Bonsai Finance Can Connect You With Your Ideal Payday Lender

The Internet swarms with a veritable abundance of payday lenders and loan offers. Finding a loan is not hard. Finding the best loan is nearly impossible if you attempt that feat all alone.

That’s where Bonsai Finance steps in to assist you and make your life a little easier. They provide 100% free tools ready at your fingertips to transform the loan-search process into something quick, simple, and successful.

You simply enter your desired loan features into Bonsai’s search engine, click, and watch a list of your very best payday loan offers populate the screen. Want a bigger loan principal, lower interest, lower fees, 4 weeks instead of only 2 weeks to repay? Bonsai Finance enables you to essentially customize your own loan by piecing it together feature by feature and then locating those lenders who are willing to accommodate you.

If online payday loans direct lenders is what you are looking for, Bonsai Finance can ensure you find the very best offer that falls within that category.

Here are some additional articles that may interest you:
Payday Loans: What They Are And How You Can Get One
Looking for the Best Payday Loans Online? The Options You Have
What Should You Buy With the Best Online Payday Loans?
5 Steps To Getting A Payday Loan