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So, how do I actually tell...
#1
if a payday loan place won't scam me?

Particularly when entering in my social security number online on a website versus going to an actual building. Probably not the best idea to be looking for this, but I was looking for payday loans that would just be deposited via the internet versus requesting ID information in person, but I ended up running into some sketchy websites and just stopping. But my question basically is how do I go about finding a lender online that will approve me without entering in my social security number on their website for a credit check? It's kind of counter-intuitive to protect my identity but spam my social security number around, y'know?
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#2
Is it even possible to get a payday loan online without providing your social security number?

As far as I know, the only loan you can get without a SSN is a car title loan. You will not need to have good credit and you'll still be able to use your car while paying it off. However you'll need an Individual Tax Identification Number. You can apply for this here: https://www.800loanmart.com/blog/solutio...ity-number

If you still want to get a payday loan, maybe you have to do some research on which are the most trusted companies on the net. This way you'll feel safer if you have to provide your SSN.
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#3
Hm. Alrighty thanks, I was just curious as I was in a tight spot a few weeks ago and gave out my SS# and felt like an idiot doing it, just because I was told to safeguard that number and never give it out to anyone. Also, I don't own a car so a title loan was out the window at the time. Plus it's probably more secure to go to an actual building for a loan than trying to get one from a website anyway.
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#4
The reality is that it is your social security identity that gives payday loan schemes the confidence to lend money to you. I mean since you're not offering any form of collateral to them, your id is used I place of that which means that you've got to use that to borrow money from them any time such need arises. We've got the bank verification number (BVN) that stands as such when one go to borrow from some banks in this region.
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#5
(01-04-2018, 05:46 PM)Henrywrites Wrote:
(01-04-2018, 05:19 PM)Setari Wrote: Title, pretty much. I've been getting a lot of offers for credit cards (recently one called I think Indigo from Capital One? I don't quite remember, it was a vibrant, colorful card, though) and I was curious if it was actually worth it to get a credit card with an annual fee or not. I currently have a secured Capital One credit card and a Paypal credit line, but I always get mail for cards with annual fees. Which doesn't make sense to me because that's just additional money added to the credit card, either when you activate it or on a certain date, whatever. But the question stands, on average, do credit cards with annual fees typically give more of a credit line than ones without? I'm just generally hesitant to sign up for one... from the mail, lol.

The thing with credit cards that are on annual basis fee is that you've got to make use of it often. I currently use a Visa card that got expired few days ago and I never felt the anger of renewing the card since it served the purpose for which I got it some years ago. So, the question is supported by me for those that make use of their cards on a daily or weekly basis either for shopping or doing some transactions on the internet. 

(01-04-2018, 06:17 PM)Henrywrites Wrote: The reality is that it is your social security identity that gives payday loan schemes the confidence to lend money to you. I mean since you're not offering any form of collateral to them, your id is used I place of that which means that you've got to use that to borrow money from them any time such need arises. We've got the bank verification number (BVN) that stands as such when one go to borrow from some banks in this region.

Hm, yeah it probably wouldn't be a bad idea to get the information of the bank as well if I did decide to go, but I doubt a whole company would just up and move out of a building overnight to scam people or whatnot, but, I dunno. But yeah, I suppose putting your identity on the line is all the collateral someone would need to lend money to you, lol.
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#6
(01-04-2018, 06:39 PM)Setari Wrote:
(01-04-2018, 05:46 PM)Henrywrites Wrote:
(01-04-2018, 05:19 PM)Setari Wrote: Title, pretty much. I've been getting a lot of offers for credit cards (recently one called I think Indigo from Capital One? I don't quite remember, it was a vibrant, colorful card, though) and I was curious if it was actually worth it to get a credit card with an annual fee or not. I currently have a secured Capital One credit card and a Paypal credit line, but I always get mail for cards with annual fees. Which doesn't make sense to me because that's just additional money added to the credit card, either when you activate it or on a certain date, whatever. But the question stands, on average, do credit cards with annual fees typically give more of a credit line than ones without? I'm just generally hesitant to sign up for one... from the mail, lol.

The thing with credit cards that are on annual basis fee is that you've got to make use of it often. I currently use a Visa card that got expired few days ago and I never felt the anger of renewing the card since it served the purpose for which I got it some years ago. So, the question is supported by me for those that make use of their cards on a daily or weekly basis either for shopping or doing some transactions on the internet. 

(01-04-2018, 06:17 PM)Henrywrites Wrote: The reality is that it is your social security identity that gives payday loan schemes the confidence to lend money to you. I mean since you're not offering any form of collateral to them, your id is used I place of that which means that you've got to use that to borrow money from them any time such need arises. We've got the bank verification number (BVN) that stands as such when one go to borrow from some banks in this region.

Hm, yeah it probably wouldn't be a bad idea to get the information of the bank as well if I did decide to go, but I doubt a whole company would just up and move out of a building overnight to scam people or whatnot, but, I dunno. But yeah, I suppose putting your identity on the line is all the collateral someone would need to lend money to you, lol.

This is the reason one should do a comprehensive research about any loan company we are trying to get loan from to avoid being scammed. There is need to ensure that the company is registered under the government agency to avoid painful experiences at the end of the day. Once those esquires are made and confirmation made, then I don't think going on with the loan procurement should be delayed. 
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#7
I would only get a payday loan from a lender that is licensed in the state you live in. Avoid offshore lenders. Not sure about tribal lenders.


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#8
Check the company which you want to transact a payday loan if it is accredited or not. You should be more cautious on the people you want to borrow money to avoid being a victim of scammers.
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#9
(01-16-2018, 09:46 PM)mar06 Wrote: if payday loan are not worth it in many peoples? It depends whether they know about payday loans. If ever they know that they are able to use it and may also consider for them as a worthy thing.

The issue with getting payday loans have got nothing to do with publicity as those that has gotten it in the past still go with what is happening by telling friends and relatives about the existence of such loans. What I feel that is generating controversy is the huge interest rate that is being paid on it as well as if some of the sites we see on the internet are legit when the case of getting payday loans is involved. 
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#10
Be careful using it cuz have many scammer
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