Frequent Questions


What is a payday loan?
A payday loan is an unsecured, short-term cash loan typically backed by a future source of income, often times a paycheck or anticipated benefit. These loans should only be used when truly needed, such as in emergency financial situations. They are not a solution to long-term debt problems.


How does RadioPay.com’s loan matching service work?
RadioPay.com is not a lender and does not make credit decisions. It simply connects interested consumers with independent, licensed third party lenders based on the information provided. Begin by completing our simple form. Once submitted, RadioPay.com will try to connect you with an interested third party lender. Every third party lender has their own terms and conditions for payday loans (i.e., fees, repayment terms, renewal policies, APRs, etc.), and each makes approval decisions separately. If matched with an third party lender, be sure to fully understand the lender’s terms and conditions before agreeing to them. If you do not understand or agree to the lender’s terms and conditions, you may refuse the loan offer. If you have any questions or concerns about your payday loan, you should contact your lender directly.


Does RadioPay.com charge a fee to connect consumers with independent third party lenders?
Registering to be connected with third party lenders at RadioPay.com is free! Since RadioPay.com is not a lender, there are no fees or interest directly associated with registration. RadioPay.com is a loan matching service that facilitates your request for access to participating third party lenders who may be able to meet your needs. If you are approved by a lender, the rates and fees associated with your loan will vary from lender to lender.

What amount can be borrowed with a payday loan?

Typically, the amount that can be borrowed with a payday loan ranges between $100 and $1,000. Please note, however, not all lenders offer up to $1,000, and the amount offered by an interested lender may differ from the amount sought. How much you qualify for depends on numerous factors including your lender, income, and employment.

If approved for a payday loan by an independent third party lender, how quickly could I receive it?

An independent third party lender could transfer an approved payday loan to your bank account as early as the next business day. Please note, however, cash transfer times may vary depending on the lender and your individual financial institution.

What are the minimum requirements to apply for a payday loan?

RadioPay.com is not a lender and does not make credit decisions. Independent lenders have their own minimum requirements which must be met to be approved for a payday loan, and one independent lender’s may differ from another’s. Such minimum requirements typically include, but may not be limited to:
• Regular income of at least $1000/month
• Be 18 years of age or older and a U.S. citizen
• Not a regular or reserve member of the Army, Navy, Marine Corps, Air Force, or Coast Guard (or a dependent thereof), serving on active duty under a call or order that does not specify a period of 30 days or fewer
• Have a valid bank account with direct deposit.


What information is needed to use the services offered by RadioPay.com?
You must provide certain personal, employment, and banking information to be matched with prospective independent third party lenders. Such information includes, without limitation, name, address, telephone number, email address, social security number, driver’s license number, bank account information, and employment information. The information you provide must be accurate. Once submitted, independent lenders may perform a credit check or otherwise verify your social security number or other information.


Is the information I provide secure?
RadioPay.com respects your privacy. Accordingly, a variety of security measures are employed to maintain the integrity of your private information. All sensitive data transmitted between your browser and RadioPay.com uses 128 bit Secure Socket Layer (SSL) encryption technology. Your use of our services is strictly voluntary and is governed by our Terms & Conditions of Use and Privacy Policy.

Will independent third party lenders perform a credit check?

Independent lenders may perform a credit check or otherwise verify your social security number or other information. Each independent lender makes approval decisions separately. RadioPay.com does not play a role in the credit decision process.


What if I am unable to repay my payday loan according to its terms?
If you cannot repay your payday loan according to its terms, your lender may: o Charge you late fees o Send your account to a collection agency o Report your information to a consumer reporting agency (which may negatively affect your credit score) o Offer to renew, extend or refinance your loan (which may cause you to incur additional fees, charges and interest)


RadioPay.com is not a lender. Only your lender can provide you with information about your specific loan terms and the implications of non-payment of your loan. Ask your lender about its policies for non-payment.


DISCLOSURE

The operator of this website facilitates connecting consumers interested in cash advances in amounts between $100 and $1,000 with independent lenders participating in a third party lender network. The registration information submitted by you on this website will be shared with one or more such lenders. By submitting your registration information, you authorize such lenders and other affiliates to contact you via email, telephone, or mobile device (including by automated dialing) to assist with your inquiry or to promote offers, notwithstanding that your contact information may be listed on a corporate, state, or federal Do-Not-Contact registry or the like. Submitting your registration information does not guarantee you will be approved for a cash advance. The operator of this website is not a lender or loan provider, nor is it an agent, representative, or broker thereof.


This website does not constitute an offer or solicitation to lend. Not all third party lenders can provide up to $1,000. Participating third party lenders may perform credit checks with credit reporting bureaus or obtain consumer reports through alternative providers. The operator of this website does not charge you a fee for any service or product, and does not recommend or endorse any participating third party lender. Cash transfer times may vary between third party lenders, and may depend upon your financial institution. Some faxing may be necessary. A cash advance should be used for short-term financial needs only, not as a long-term financial solution. If you do not pay your loan according to its terms, your lender may charge you late fees, send your account to a collection agency, report your information to a consumer reporting agency (which may negatively affect your credit score), and/or offer to renew, extend, or refinance your loan (which may cause you to incur additional fees, charges, and interest). Only your lender can provide you information about your specific loan terms and the implications of non-payment of your loan. For details, questions, or concerns regarding your cash advance, contact your lender directly.


This service is not available in all states, and the states serviced by this website may change from time to time, without notice. Residents of some states may not be eligible for cash advances. You are responsible for complying with all statutory obligations regarding obtaining cash advances in your state of residence. This service and offer are void where prohibited.