TOP Online Payday Loans Direct Lenders

Payday loan industry is a grand business with major players and minor independent companies. Here are the reviews of the largest and the most known direct payday lenders currently on the market.

Advance America

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Advance America (official name Advance America Cash Advance Centers Inc.) is a direct lender and one of the largest and well-known nationwide financial organizations with proper license and accreditation. Its main office is located in Spartanburg, South Carolina, and the company offers its services in 28 states in more than 2,000 locations in the US.

The company is a member of the Community Financial Services Association of America (CFSA) and being such claims that their lending practices are clear and transparent. The company’s reputation, however, is not spotless. Yet, as opposed to many unknown online lenders, they have a name and a history and can be addressed to in case of need.

There is a full range of financial products and services offered by Advance America:

  • payday loans
  • car title loans
  • installment loans
  • MoneyGram services and Visa prepaid cards
  • they even offer tax preparation services.

In the majority of states whether the aforementioned products are legal customers have a choice of both storefront and online application, in some states either of these options is available.

Payday loans are one of the major products of Advance America. Depending on the state, loan amount, loan term and interest rates differ, you can find detailed information with regard to your location on their website.

Advance America Statistic:

  • Number of offices: more than 2000 local stores in 33 States
  • Clients' reaction: More than 60,000 reviews in Google
  • BBB status: Not accredited with 126 complaints for the last 3 years

Check Into Cash

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Check Into Cash Payday Loans (official name Check Into Cash, Inc.) is a direct payday lender located in Cleveland, Tennessee. The company was founded by Allan Jones and got BBB accreditation in 2001 under the category of “Check Cashing Services”. It also does business as Lending Frog, U.S. Money Shops and Great America.

It also operates as a registered credit services organization (CSO) in Ohio and as a Licensed Credit Access Business (CAB) in Texas. In these states, actual lenders are unaffiliated third parties.

The company dates back to 1993 and currently offers a variety of financial products the major of which are payday loans in 34 states all over the USA.

Check Into Cash payday loan fees differ with regard to the location. On average, they range from $15 to $79, which calculates as 261% - 782% APR. Among other financial services and products of the company are title loans and title pawns, check cashing, Western Union money transfers, and prepaid U.S. Money Cards, to name a few.

Online loans or in-store cash advance products can be chosen from, availability is subject to location and can be checked on their website.

Check Into Cash Statistic:

  • Number of offices: more than 900 local stores in 31 States
  • Clients' reaction: More than 10,000 reviews in Google
  • BBB status: Accredited with A+ Rating, also has 24 complaints for the last 3 years

Check ‘n Go

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Check ‘n Go, a financial organization founded in 1994 and headquartered in Cincinnati, Ohio, strives to “provide financial solutions to the problems ignored by ‘traditional’ lenders, such as banks.”

The company started long ago in Covington, Kentucky, and has grown into a network of nearly 1,000 stores. Since 2003, Check `n Go also offers its financial services online.

Currently, the company offers its financial products in 28 states (out of 34 where payday lending is legal). Thus, they are one of the largest lenders in the industry. However, the company doesn’t have in-store facilities in all these states, in some states one can only apply online.

Check ‘n Go offers several financial products:

  • Payday loans
  • Online installment loans
  • Cash advances
  • Check cashing
  • and Netspend Prepaid Card.

All these multiple loans have their own interest rates and fees. Payday loans rates and fees vary and depend on the state where they are applied for. The highest fee Check ‘n Go can charge is $30 per $100 borrowed. It is not the lender with the cheapest offers.

Check ‘n Go Statistic:

  • Number of offices: about 920 local stores in 28 States
  • Clients' reaction: More than 70,000 reviews in Google
  • BBB status: Not accredited with 151 complaints for the last 3 years

ACE Cash Express

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ACE Cash Express (official name ACE Cash Express, Inc.) is another large financial services provider on the US market. The company was founded in 1968, is located in Irving, Texas, and offers loans in 6 US states. Also, all over the US, there are more than 1,700 ACE Cash Express stores (either company-owned and franchised.)

In fact, the company is the largest in the industry of check cashing and the second largest in the industry of short-term loans in the United States (by the number of stores). It provides a range of financial products such as payday loans, title loans, installment loans, and wire transfers.

The objective of the company (as of their competitors in the industry) is to provide access to alternative financial products as opposed to traditional bank credits. The company also offers prepaid debit cards (and owns about 25% of NetSpend cards being held by JLL Partners (private equity firm) that owns NetSpend).

ACE Cash Express Statistic:

  • Number of offices: aboot 1070 local stores in 30 States
  • Clients' reaction: More than 15,000 reviews in Google
  • BBB status: Not accredited with 193 complaints for the last 3 years

QC Holdings

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QC Holdings, or QCHI, (official name QC Holdings, Inc.) was initially located in Overland Park, Kansas and was founded in 1984 by Don Early and Mary Lou Andersen. First, it was a rent-to-own store that later in 1989 grew to offer check cashing services. In 1992 the company also started offering short-term loans. The rent-to-own business was sold in 1994.

In 2011, the company acquired Canada-based Direct Credit Holdings, a move that brought them to an online Canadian loan market. In 2014 they rebranded more than their 250 retail locations and now they go under the new name “LendNation”.

Most recent innovation took place in 2017 when the company upgraded its loan management system and introduced a new corporate identity. Not it is called QCHI and located in and Lenexa, Kansas.

The company used to have many business names and some of them are still actively used:

  • Check$mart
  • QC Financial Services Inc.
  • QC Holdings Companies
  • First Payday Loans
  • Nationwide Budget Finance
  • Quik Cash.

The company offers short-term loans in the amount from $100 to $500. The typical interest is 15%-20% for each $100 borrowed. Among other services offered by the company are title loans, check cashing services, and money transfers.

QC Holdings Statistic: