We Collect Payday Loans from Customers in a Respectful and Ethical Manner
Payday loan companies get a bad rap all because of a few companies who used poor methods to collect payday loans. These companies frequently used harassment and other unethical means to collect payday loans; however, not all companies are like that. It is because of these unethical companies that the rest of us suffer from a stigma that all payday loan companies are brutes.
Mypaydayloan is here to set the record straight. We have been in the payday loan business for close to fifteen years and we have a very loyal customer base that returns time after time for another cash advance. We do not retain these customers by practicing the poor collection techniques above. We value our customers and treat them as such.
Instead of using harassment as a means to collect payday loans, Mypaydayloan communicates with the customer to figure out a payment plans that works for both parties. The initial plan for all customers is as follows. You apply for a payday loan and on the application you tell us what your pay schedule is. Once you are approve for the loan, Mypaydayloan will determine the due date for your loan depending on the pay schedule you noted on the application. By customizing customers’ due dates, Mypaydayloan is setting them up for a successful repayment thus making it extremely simple to collect payday loans. Should you have a mishap and miss or forget to make the payment, our collections department will then step in and help you get back on schedule.
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