Need Money Now Unemployed is not a Lender… But It may not necessarily be a Friend
On its website, Need Money Now Unemployed states that it is neither a lender, not it's a broker of a payday loan lender. It's rather a third-party entity whose only task is to study your case and deliver it to the best appropriate lender; sounds difficult to digest. Of course, why would be they interested in helping us. Philanthropists are rare to see in financial institutions.
Need Money Now Unemployed doesn't reveal the Rates directly
Payday loans have an APR (annual percentage rate) which actually determines how much charges you need to pay for your payday loan. Need Money Now Unemployed requires you to submit your application and based on your case, it will send its charges. However, it has shown its average charges on $100, which is somewhat higher than other payday loan lenders.
Payday Loan Amount for First Time Users
Need Money Now Unemployed has limited its loan amount for first time users to $300-$500, which is quite low. As the company takes all the information about employment and income, there is no reason why the company is hesitant to pay more..
No Mercy!
My God, this company's policies are quite intimidating when it comes to payback. Need Money Now Unemployed is not kind enough to award your extensions if you are not able to pay back on time. Failure to payment may lead to additional fees or even legal consequences. Need Money Now Unemployed 's payday loans follow strict rules and the consequence of non-compliance can be dangerous.
