Immediate payday loans can be given online, just as almost any product can now be bought from a website but protect yourself
When shopping online for anything, be it immediate payday loans, insurance, homes to rent or buy or any other product, it is important to avoid getting caught by the many scammers waiting for their next easy victim.
Shopping online is safe if one follows some simple rules:
- Ensure the website is secure
- Choose the site carefully
- Read customer reviews
- Take note if a brand product is too cheap
- Keep a copy of purchase orders or loan agreements
Ensure the shopping site is secure
Make sure the shopping website has the https in the URL (s for safe). It is usually a good idea to use a good payment gateway or for extra security some people recommend paying with a credit card for any payments over 100 pounds.
Choose the site carefully
Take your time researching the website. If you are buying a well know brand then you could check with their official website for the authorised dealers of the brand. Does the site look flimsy and quickly constructed? Can you find contact details? If there is a phone number you may want to call the number to check that someone answers. Is there a postal address on the website?
Read customer reviews
Reading customer reviews on a website is a wonderful way of learning about the company. If a satisfied customer has given contact details you could contact that person if you are unsure of the company or product. If there are only one or two customer reviews be wary because they could be manufactured reviews.
Take note if something is too cheap
If a well-known brand is too cheap there could be a reason, it could be a fake. The old adage applies; if it sounds too good to be true, it probably is too good to be true.
Keep a copy for your purchase order or loan agreement
When you buy something online you should get an acknowledgement of your order. Print it off the payment confirmation page so that you are sure to have it. Make a note of the website address and contact details in case your order does not arrive.
In the case of immediate payday loans, make sure the company you are dealing with is transparent and legitimate. If in doubt contact the Financial Conduct Authority (FCA) to make sure the Payday Lender you are considering taking a loan from is registered with the Authority. Once you have made sure that the payday lender is legitimate read their rules and regulations so you can be sure to abide by them.