You may want to consider authentic payday loan lenders only if you are in favor of secure loans. Authentic payday loan lenders are well established and have proven record of their loans dealings as well as professional services.

A payday loan lender can offer you two types of payday loan accounts one require an active bank savings account while the other requires a checking account.

A payday loan that uses a checking account requires a submission of one or more post-dated checks by the borrower for repayment depending on the loan amount and loan agreement while an active bank savings account payday loan will have the repayment amount automatically debited from your savings account on the due date of your loan repayment.

The payday loan with savings account is usually for those with a regular job that get their paycheck transferred into their savings account. The payday loan lenders will receive their repayment from your paycheck. moreā€¦