100 Day Loan Review Blog - practical tips using the best online payday loans

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Payday loans - a blessing and a curse

Having a payday loan is both a blessing and a curse. Sure, it helps you get money when you need it the most, but it comes both at a price and a fast approaching due date.

I need more time to pay off my loan!

So, what happens when your payday loan, that you thought you could pay off on your next couple of paydays, suddenly comes due and you are still in a bind with your finances? This could be a problem. Think about it. Review your situation. As long as you can pay the interest, fees, and principal, but just need a few weeks or couple months even, you may find that the best answer is that you need a 100 day loan.

So, why would I choose a 100 day loan?

100 day loans work the same as a payday loan. You borrow up to $2500. There is still a review process, but there is a high approval rate even with bad credit or no credit. Your money is deposited into your account in about 1 hour. You can apply online and faxless, meaning you won't have to fax in your documentation.

What's the difference between a payday loan and 100 day loan?

So then.  What's the difference?  What makes a 100 day loan better then?

You have up to 100 days to pay.  That's right.  Not 30 days, not 60 days, not 90 days, but 100.

A 100 day loan is a good idea then?

That depends on your situation.  So, if you know you'll be getting some overtime, tax refund, or some other windfall in the next 100 days, you can apply in confidence and pay off your existing payday loan. Does it solve the problem of paying it back? No. Does it make it any cheaper? No. It actually makes it more expensive with the new fees and interest charges.

What it will do is help you get past a rough period by giving you more time.

Payday loans are a necessary evil - 100 day loans tame them a bit

payday loans may be a necessary evil sometimes, but they don't have to have evil timeframes for repayment.

Click here to review more information about our preferred 100 day loans lender. With over 122 lenders, you are virtually guaranteed approval.