Direct, Discrete, Prompt and Secure Online Loans

Follow Green Leaf on Facebook Follow Green Leaf on Twitter  

Fast Online Loans Available to Customers Maine Are Safe, and Regulated by Law

Many people in the United States have heard horror stories about payday loans, and Maine is no exception. Up until a few years ago, the industry was plagued by unscrupulous and predatory lenders, looking to take advantage of unwitting customers. Often, since the lending process was not online yet, customers would have to arrive in person at a lending facility (often a check cashing store), and agree to whatever terms and rates the store put forth. Since it was such a time and energy commitment to show up at these places, consumers did not have the luxury of shopping around for the best rates, and therefore, there was no incentive to offer low, or even fair rates.

Thankfully, all this negative attention finally reached the ears of lawmakers, and the payday loan industry is now strictly regulated. Furthermore, with so many lenders taking their business to the internet, customers are not able to shop around for the best rates at different websites. Fast online loans are not an accessible and safe option. So, not only are you protected by lending laws, but you also have the power of a buyer's market on your side.

“I Am Looking for Fast Online Loans in Maine, but I Am Not Sure About How They Work”

If you are having thoughts like this one, you are already being a proactive and smart consumer. Part of what allowed payday loan companies to prey on unsuspecting customers, was the fact that these companies misrepresented, or at least did not tell the whole truth about how payday loans work. Knowing and understanding the terms of the loan you are getting into is.

So, with that in mind, here is a list of a few basics.

1. Fast online loans are small to medium sized, short term loans meant to help customers who find themselves in a temporary cash crunch. These loans are generally not advisable for larger purchases such as a home or a vehicle, nor are they meant to be paid back over a long period of time.

2. The concept behind payday loans is that you borrow the money you need now, and pay it back when you receive your next paycheck. This is especially helpful for those customers who have unexpected expenses crop up, and the main obstacle in their way is timing. This situation would be something a customer could afford, if only it had happened a week or two later. Taking out a cash advance against a forthcoming paycheck is a way to bridge that financial gap.

3. These loans, like all other loans, do need to be paid back. With that in mind, make sure you sit down and really try to figure out how much it is you need, and how much you can afford to pay back with your next check, without it impacting your overall expenses. For example, if you borrow $500, but you expect your next paycheck to be around $700, that leaves you with only $200 (minus interest and fees) after you get paid. If that is too little money for you to get by on, then consider borrowing a lesser amount. There are late fees and penalties, just like any other bill. Avoid letting those stack up by being a smart consumer.

Maine Lenders Will Provide Fast Online Loans, Even to Those With Bad Credit History

If you are concerned that you might not qualify for a loan, due to bad credit or no credit, there is no need to worry. Our loan professionals do not rely solely on credit score when determining loan eligibility. Therefore, we can offer fast online loans to a larger number of customers, who may not qualify elsewhere. If you are a United States Citizen, and if you are currently employed, the chances are overwhelming that you can borrow money! What's more, paying back a quick cash loan can actually help improve your credit. Make payments on time, and in full, and you will be building a solid credit history. Contact us today and let us know how we can help!

Mobile State Loan Application


First Name

Last Name

Phone No


Zip Code

Loan Services

More Information


  Go To Google+