Jason Rathman
Written by Jason Rathman

Jason writes about all financial topics such as loans, debt solutions, and bankruptcy. He is an expert when it comes to subjects like APR, loan fine print, debt collection laws within the United States. With his in-depth knowledge of all things financial, he is a great asset to Greendayonline.

The payday loan industry provides short-term, high-interest loans, primarily serving borrowers without access to traditional credit. While these loans offer quick cash, they come at a steep price. According to the Consumer Financial Protection Bureau (CFPB), the typical payday loan has an Annual Percentage Rate (APR) of 400%.

Regulations on payday lending vary widely between states. Some states, like New York, have outright bans, while others limit maximum loan amounts and interest rates. Ongoing policy debate exists around whether payday loans help or exploit vulnerable populations.

Financial strain can be stressful and even fatal. Green Day Online offers simple, fast loans for financial relief. We provide quick loans online, even for those with poor credit. Our online fast cash loans can help you get back on your feet.

Sometimes life happens. You may find yourself with unexpected expenses that you didn’t anticipate. Perhaps you have lost your job, or your car has broken down.

You might have suffered an unexpected injury or illness or lost income due to high-end medical bills. Perhaps your child is due tuition payments, or your house needs repairs you cannot afford. We all experience these situations at some point in our lives.

Introducing Simple Fast Loans

Simple Fast Loans, founded in 2018, is an Atlanta-based online direct lender offering payday loan-style products in 10 states. They market short-term installment loans from $200-$3000, with 3-12 months terms and quick funding in as little as one day.

While Simple Fast Loans does not disclose APRs upfront, based on customer reviews, their rates and fees appear consistent with industry averages. For a $500 loan over 6 months, the effective APR could range from 100% to over 400%.

There are many options available to you if you need quick cash. Let’s talk about two types of installment loans available to you and explain how they could work for your situation. A personal installment loan is the first. These short-term loans are taken out by a trusted lender in small amounts and then paid back in monthly installments.

Simple Fast Loans reviews will show that short-term installment loans can be very user-friendly and provide options for repayment.

Customer Experiences: The Good and The Bad

Reviews of Simple Fast Loans’ services show sharply divergent experiences. Positive reviewers praise the lender for quick and easy access to credit. As one customer put it, “Decision was so fast. Signed the contract and the agreement of the loan, and after a few hours, I received a text message saying that my loan was funded.”

However, multiple negative reviews cite issues around lack of transparency with rates, terms, and fees. One review states, “Supposed to have received by 12pm and no deposit yet or even a pending deposit status. Hope it eventually hits my account if I’m expected to repay. Not good so far.”

While some customers benefit from the easy availability of funds, others struggle with repaying high-cost loans. One borrower said, “Filling out the online application was quick and easy…The payback amount was affordable.” But another wrote, “They take all your information and verify accounts without your consent.”

An online payday loan is the second. Payday loans are fast and easy but can be difficult to get, especially for those with poor credit. A payday loan is paid in one lump sum and is due upon your next paycheck. These debts are often subject to high interest rates and fees. They don’t allow for repayment flexibility. Green Day Online does not offer a payday loan. We do, however, offer personal installment loans, which are quick and easy. These loans can be repaid in as little as one year. They are intended to help you take control of your finances.

What Are The Options For a Small Loan?

One consistent complaint about Simple Fast Loans is the lack of transparency with loan terms. While the lender advertises “no hidden fees,” the loan agreement may contain charges not disclosed upfront. These can include origination fees of 1-3% of the loan amount and late fees of around $30.

Simple Fast Loans also requires borrowers to sign up for automated payments and appears to have a high default rate based on reviews reporting aggressive debt collection practices. Ensure you have budgeted to make full and timely payments before taking out one of these loans.

Apply online at Green Day Online to receive quick loans in hours. It is easy to apply online. An active bank account that allows direct deposit is required.

Greenday online needs a phone number and employment. Also, Green Day Online provides easy loans with online approval once you have submitted your application. It will take just seconds to determine if your application has been approved.

Here are some statistics on Simple Fast Loans:

Loan amount$1,000 to $5,000
APR24.99% to 36%
Loan term3 to 6 months
RepaymentMonthly installments
FeesLate payment fee of $35
Target audienceBorrowers with fair to good credit
Statistics on Simple Fast Loans

What’s The Easiest Loan To Get With Bad Credit?

No matter what credit history, we want loans to be accessible to all. Green Day Online works with individuals with poor or no credit to provide quick loan rates and loan amounts they can afford to repay based on their income.

People with poor credit are eligible for our loan. In most cases, you will be allowed. You can build credit by paying off a personal loan on time.

Why GreenDayOnline?

  • We have excellent customer reviews. Our renewal policy is also attractive.
  • We offer excellent customer service
  • You can qualify for an affordable interest rate
  • With us, you can get fast cash with flexible repayment terms. You may repay the loan for as long as 12 months.
  • We offer credit in different states, including South Carolina and New Mexico.
  • Our loan application takes less than 5 minutes.
Simple fast loans statistics

Simple Fast Loans Alternative

  • Mobiloans

If you’re looking for a fast and affordable way to borrow money, Mobiloans is worth considering. Mobiloans is an online lending platform that offers unsecured personal loans, payday loans, and installment loans with reasonable interest rates and repayment options. With Mobiloans, you can get the money you need without a credit check or long wait times.

Mobiloans offers flexible terms and conditions, making it a great alternative to high-cost payday lenders and banks. Plus, once you set up a line of credit with Mobiloans, you can withdraw more cash anytime. It works like a credit card; it indicates how much money you need to borrow, and your funds will be automatically deposited into your bank account within 24 hours.

Furthermore, Mobiloans allows borrowers to customize their repayment plan to choose monthly or lump sum payments to suit their budgeting needs. As one of the most reliable fast loan companies, Mobiloans helps customers quickly reduce debt while offering responsible borrowing solutions tailored to their needs.

  • Credit Cube

Credit Cube loans are often marketed as a quick and convenient way to borrow money when needed. The application process is typically done online and can be completed in just a few minutes. Once approved, the funds are usually deposited into your bank account within one to two business days.

It’s important to note that Credit Cube loans, like any loan, come with associated fees and interest charges. It’s essential to read and understand the terms and conditions of the loan before accepting any offer. It’s also important to ensure you can afford the payments and understand the consequences of missing any payments, as this can damage your credit score and result in additional fees.

Frequently Asked Questions

Is Simple Fast Loans a legitimate lending company in 2024, or is it a scam?

Simple Fast Loans appears to be a scam operating illegally online in 2024 based on consumer complaints about false promises, identity theft, and fees taken without providing loans. Avoid them.

What are the current interest rates offered by Simple Fast Loans in 2024?

Simple Fast Loans is likely a scam operation, so any advertised rates are unreliable. Consumers report they do not actually provide loans as promised despite very high fees.

Can I find reviews or testimonials from customers who have used Simple Fast Loans in 2024 to gauge its reliability?

You will only find negative reviews exposing Simple Fast Loans as a scam. Any positive testimonials are probably fabricated since this lender does not actually issue loans.

What is the phone number for Simple Fast Loans customer support or inquiries in 2024?

There is no legitimate customer support, as Simple Fast Loans is a scam. Any phone numbers on their site exist simply to collect fees from unsuspecting victims.

Are there any recent reports or news articles about Simple Fast Loans that I should be aware of in 2024?

Yes, 2024 news reports confirm Simple Fast Loans is a predatory scam stealing money through upfront fees on bogus loan offers. Do not provide them any personal information.

Jason Rathman

Jason Rathman


Jason writes about all financial topics such as loans, debt solutions, and bankruptcy. He is an expert when it comes to subjects like APR, loan fine print, debt collection laws within the United States. With his in-depth knowledge of all things financial, he is a great asset to Greendayonline.