100 Day Loans Scam? – Read this 100 Day Loans Review

Yes it looks like a scam if you read the below lines, as it says on the 100daysloans.com website

  • Cash as fast as 1 hour
  • No credit checks
  • Instant approval

100 Day Loans Scam: 100 Day Loans Review

Because of these points mentioned above i felt that 100 day loans was just another online scam on my first visit to the site like many people probably feel. But i had a tough situation to face. So I took my chances. Read my personal 100 day loans review to form an informed decision before applying for a 100 day loan.

Actually the story starts out that i was expecting funds from one of my friends on the 23rd of December for my Christmas shopping, unfortunately he got into an accident and his injuries were severe so he failed to get the money sent back to me. I found this all out on the night of the 23rd. What do i have to do? How to fix this situation? Immediately the next morning i went down to some lenders nearby my home. I was asked to provide many documents and asked many questions by them, but finally i decided id have to pay much more interest and they gave me hardly any substantial amount of time to repay the loan and on top of that i may not get the loan that day, which was my priority of course because i needed the money that day so i could do my last minute christmas shopping. and I am not expecting funds from my injured friend for the next 6 to 8 weeks as he is unable to pay.

Finally i dared my self to apply online for the 100 Day Loans with hope and with some fear of getting scammed. Like they say i was expecting the worst but hoping for the best.

100 day loans

The application process was as follows:

While filling my application i need to enter my name, address, email, SSN, bank details, telephone number, driver’s license or state ID #. I don’t feel these are not uncommon things they ask. For me to fill and submit the application took 3 minutes maximum, it is entered through 100 day loans VeriSign Secured web site.To my surprise, with in 90 seconds after submission, my junk mail folder is filled with 18 emails confirming i had filled application correctly from various pay day lenders and with their offers. I felt annoyed at first, then i go through each mail to find better option, oh my goodness, most of these pay day lenders offered me $950 plus loan with competitive rates. But i am in need of just $800 for now, so I selected the one with less interest rate and called them back to confirm. I got $800 in to my bank, within 1.5 hours, however they claimed and confirmed the loan in 1 hour. Which was impressive. All of it happened quick with out faxing any of my documents.

I really excited with their service. Immediately we went Christmas shopping at around 3 pm the sameday the 24th of December.

So if you are really in need of a quick pay day loan with extended time to pay and cheap interest rates follow these 3 steps:

1. Applying Now 2. Getting Approved 3. Getting Your Funds

100 day loans scam

From my experience what i came to know is 100 Day Loans Scam is not a trueth: 100 Day Loans Review

  • 100 day loans scam – Is a false impression.
  • Many of the scam reports out there are being generated by competitive sites who are losing business.
  • 100 Day Loans is not a loan servicer themselves, but rather works with hundreds of loan providers, they match us quickly with the best loan provider who are pre-qualified to provide loans with 100 day repayment terms, can fulfill our loan based on our situation, location and profile, so quick processing at cheaper rates.
  • 100 day loans offers a maximum of 100 days to repay the loan, which is uncommon to many pay day lenders, where you have 2 weeks to 1 month maximum time to repay.
  • Their approval rate is 4 in every 5 applications get immediate loans.
  • No need of faxing any documents.
  • Very quickly loan amount deposited directly to our bank on approval.

What you should know before going for a Pay Day Loan: 100 day loans review

  • Payday loans usually get a bad rap because of the insane fees that many companies charge.
  • If you are desperate for cash a payday loan can be a savior but realize that you will need to pay the loan back. If you do not your account will be reported to the credit bureaus and your credit will suffer.

With their automated system, they search more banks, Financial Companies, and Payday Loan Lenders than the competition for the highest loan amounts and the lowest interest rates available.

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