Probably it is the urgency involved in the matter that makes you borrow money from any kind of a lender and more so from an indirect lender. But, borrowing money from direct payday loan lenders has its own share of advantages than borrowing from indirect lenders.
First and foremost it is the simplicity and the quickness that is involved in getting the money from the bad payday loan lenders that makes them the ideal option when you borrow money. This is not the case with their counterparts as these indirect loan lenders need to borrow money from another lender and then pass it on to you. In many cases you may not have the time to wait for so long.
And when the indirect lender acts as a middleman and gets you the much required amount, he will charge his share of fees; take his commission and perhaps extra charges too in addition to what the direct lender is charging him. Opting for the services of online payday lenders will mitigate your cost to a great extent.
When you deal with the direct payday cash lenders there are only two parties involved, you and the lender. But there is a third party involved when you go in for the services of a third party lender. And there is every chance that your information will not be kept discreet.
As the lending rates of no fax payday loans itself are exorbitant, when you use the services of another middleman you will end up burning a hole in your pocket, forget about meeting the financial exigencies you are in. And as you have to clear the loan amount by the next paycheck, a major chunk of your pay will have to be diverted in the direction of the indirect lender. And probably you will end up borrowing again next month too. So, keep your options open only for payday advance lenders.
