Payday Lending Industry

The payday lending industry provides support for those who are seeking financial help.

Unlike many banks, payday lenders help those in need quickly and hassle-free. While most banks require a lot of restrictions, credit checks, limits on funds, etc., the payday lending industry is designed to work around the customer’s schedule.

We work hard to get you your cash fast because we know you need it fast.

Economic Impact of the Payday Lending Industry

In addition to being a valuable source of credit for society, the payday loan industry makes significant contributions to state economies.

These businesses are vital economic agents which purchase services from other local companies and pay local, state, and national taxes. The 155,000 jobs that the industry supports are more important than ever, given the current economic crisis.

These jobs provide salaries, benefits, and retirement investment for individuals that might not otherwise be provided.

Benefits of Payday Lending

There are many benefits of working with a payday lender compared to a regular bank. Need cash quick without the hassle? That’s what we’re here for.

Easy Application Process

A benefit of working with a payday lender is that it’s typically a quick and easy process. Working with bigger banks can sometimes be a hassle as they require a lot of information and have an extensive application process.

At EZ Money, we only require a few pieces of information from you and the application process is quick and simple.

Have less than perfect credit? No problem. Unlike most banks, payday lending companies don’t rely on credit scores to lend you cash.

Online Convenience

Most payday lending companies, including EZ Money, offer online applications for your convenience.

There’s no need to schedule an in-person appointment with a loan officer. We work around your schedule and offer the convenience of online applications.

Faster Timelines

Payday lenders understand that you need your cash fast. When applying for loans at bigger banks, they often require a few days for your application to process.

Waiting for the application to process and waiting for the bank to cut you a check can put you in a bind if it’s an urgent situation.

At EZ Money, we make the whole process easy and we work to get you your cash fast, often times on the same day you apply.

Qualify for Higher Amount

As most payday lending companies don’t require high credit scores, you’re more likely to get a higher loan amount with a payday lender compared to a bank.

The amount you are able to receive depends on the regulations of the state you live in as well as your current salary. Our representatives at EZ Money will work with you to find an appropriate amount that you can comfortably pay back.

State Regulations

Payday lending regulations vary by state. The interest percentages and the amount you are able to receive depends on the state you live in.

Our team at EZ Money is well-versed on the specific regulations within the states that we serve. We currently offer payday loans in Iowa, Missouri, Nebraska, and North Dakota.

If you are unsure about your state’s payday lending regulations, our team is here to help.

What Sets EZ Money Apart?

Although most payday lending companies may seem the same, there are a few things that set EZ Money apart in the payday lending industry.

Locally Owned and Operated

EZ Money is a locally owned and operated company. We do not operate like most national chains and we take a genuine interest with each of our customers.

When you walk in our doors, you are treated with fast and friendly service and walk out as a satisfied customer. We understand that every customer has a unique situation and we’ll work one-on-one with you to find your best possible solution.

Contributing to Our Community

Not only do we find passion in helping people with financial services, but we also have a passion for contributing to our community.

We are proud to be actively involved in gathering donations for local organizations, such as the Leukemia & Lymphoma Society. As a locally-owned business, we believe it’s important to give back to the communities in which we serve.

Need more information about the payday lending industry? Contact us today!