Payday Lending Industry

The payday lending industry is a helping hand for those who need financial support.

The benefit of using a payday lender is the quick and easy experience. You shouldn’t have to jump through hoops to get what you need, which is why we make it easy for you.

Most other financial institutions or banks have more restrictions and require more information and longer timeframes before you get what you need. The payday lending industry is designed to get you what you need quickly and easily for financial relief.

Economy Impacts of the Payday Lending Industry

In addition to being a valuable source of credit for society, the payday lending 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 Using a Payday Lender

Compared to a regular bank, payday lenders come with many benefits. There is typically no hassle with the process and we can get you what you need much quicker than your typical bank.

Easy Application Process

In urgent situations, you shouldn’t have to spend a lot of time in the application process. We understand that you need relief quickly, which is why we make our application process quick and simple.

Other financial institutions or bigger banks typically require an extensive application process that can take several days before you receive approval. Our application only requires a few pieces of information from you and can be approved quickly.

Convenient Online Access

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.

Fortunately for you, we can often get you your cash the same day you apply. At EZ Money, we understand the urgency and work quickly to get you what you need.

Qualify for Higher Amount

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.

Regulations Vary by State

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.

Why Choose EZ Money?

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.

Community Contributions

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!