$700 Payday Loan

I was in desperate need of a $700 payday loan so I turned to Mypaydayloan. I was given a $600 payday loan not too long ago so I knew I could apply for a $700 payday loan as a renewal customer. You do not even need to fill out an application for a $700 payday loan renewal. I logged into my account and asked for the desired amount and I expected an approval email message within an hour tops. When I got the email I was pretty bummed. It read that I could not be approved for the $700 payday loan because I had already had a $700 payday loan with another payday loan company. I was a little shocked that Mypaydayloan already knew that, but I later found that these companies use Teletrack to verify that you do not have any outstanding payday loans. I was told that this would not affect my approval status in the future. I just needed to pay off the $700 payday loan with the other company before I could get approved for the $700 payday loan from Mypaydayloan.com. Hearing this news made me consider two things: 1. there must be a reason why Mypaydayloan does not want to approve me for another loan 2. I may be getting over my head in payday loans. I read the financial tips that Mypaydayloan provides for its $700 payday loan customers, or any payday loan amount. Mypaydayloan suggests that you keep only one payday loan out at a time, especially when it is a high $700 payday loan, because the fees are naturally also high. For instance, the fee for a $700 payday loan with Mypaydayloan is $175. Having two $700 payday loans out at the same time was going to be too much for me to handle, the fees would be too much. So, even though at first I was pretty upset about not getting approved for my $700 payday loan, I realized that it was for the better. It was a wake up call to pay off the $700 payday loan I had already had opened and stick to one company, Mypaydayloan. Mypaydayloan really cared enough to deny my $700 payday loan when they felt that they were going to put me into financial debt. The other company simply did not care at all. I appreciate Mypaydayloan; they have good business values.