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It mostly comes down to the safety of your personal information and the fact that you want to know exactly with whom you are obtaining credit. What is better. A direct lender or a broker. Can a direct lender provide guaranteed payday loans. Lets examine the difference between a direct lender and a broker.
A direct lender processes your application and gives you money directly. In contrast, when you submit your application form to a broker, they sell it to direct lenders. They may even charge a fee for this.
Residents of Arkansas, Georgia, New York, Oregon, Washington, West Virginia and Vermont are not eligible to apply for a loan. This service is not available in all states, and the states serviced by this site may change from time to time and without notice. Payday Loans and Cash Advances. Share This Page. What is a payday loan or cash advance loan. A payday loan or a cash advance loan is a loan for a short time.
You pay a fee to borrow the money, even if it is for a week or two.