Loan

1. Free LoanYour first loan with mypaydayloan.com is a free loan. The finance fee will be waived when you pay your loan in full. If you pay in full on your first due date, you will only pay back the amount borrowed2. No faxing requiredWe do require a copy of your most recent bank statement, in order to process your first loan. For your convenience we accept bank statements through e-mail or if this is inconvenient you may fax the statement.3. Increase the amount you can borrow by taking out more loansOur step-up program increases your available credit by $100.00 every time you pay off a loan. You can borrow up to $1000.00.4. Get more money before you pay off your current loanOur loan increase program allows you to request additional money before your loan is paid off. The process is simple and done right through our website. The funds will be available the following business day.5. Get a second loan without the hassleOnce you pay off your first loan, you are eligible to take out another one. The renewal process is quick, because you are only required to update information that has changed.