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The low pay days for payday loans

January 21, 2016 10:18PM
Interesting that the payday loan shops that hopped to a new MSC, which then offered amazingly lowball fees for shops, have dropped off the boards in my area. You can still collect $2 for filling out a report about your phone call query on how to apply for a payday loan. No sale.

No fee, no shop.
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More About Payment
January 21, 2016 11:55PM
I received an email notice today for those shops from that smart MSC who now does them. But since I did several for the old MSC for $100 or more a few times, why would I do them for the pittance the other MSC is paying? Ugh.
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January 22, 2016 12:30AM
And some of those shops scare me, like you would be out money if it didn't go through, heard on this board of a MS getting stuck with a $200 plus lawn care credit purchase yikes...
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January 22, 2016 12:42AM
Oh, I didn't mind doing the loan shops when they paid $100 or more. If the shopper wasn't approved for the loan they weren't out anything, but I was always approved. I just paid it back on the due date and got paid my $100 or more plus reimbursement of fees the following month.
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