What is better. A direct lender or a broker. Can a direct lender provide guaranteed payday loans. Payday loan apps 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. The company that bought your application will then decide whether or not to lend to you. Our opinion: Borrow only from a direct lender.
Not a broker.
Promises of flexibility over simple repayment plans are too good to be true. These loans usually come with strict payment plans and little wiggle room.
The company should be upfront about the terms. Failure to listen is another bad sign. A good loan company puts effort into finding the right type of payday loan for you. A 14-day loan is no feasible with everyones budget.
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