The other day is was reading this article… Consumers Warned of Online Payday Loan Sites and below are the highlights.

Quote: “According to a CFA survey of one hundred Internet payday loan sites, small loans involving electronic access to consumers’ checking accounts pose high risks to consumers who borrow money by transmitting personal financial information via the Internet.”

Anything you do on the internet is subject to some risk. But the times I have used online payday loans everyone was very professional and they did exactly what we arranged. Money goes into my checking account and when time to pay it back loan plus interest comes out. Never a problem or thought of some how the process going wrong. I have done three payday loans online before, never a hitch.

I am wondering if the people that wrote the article have ever used an online payday loan or even a brick and mortar payday loans. Just wondering out loud.

Not to rebuke the article, but I have found payday loans easy to get and have saved me tons of money over the years.