USA PayDayLoans is a known scam.
Generally, someone calls you at home and tells you that you have been approved for a loan for $1,000 to $3,000. This person then tells you that before your funds can be deposited in your bank account you must pay a processing fee, application fee, insurance, or taxes.
If you are ever asked to pay money to receive a loan, then it is probably a scam.
These scams work by having the victim send money through Western Union or Moneygram or putting money on a prepaid credit card such as Green Dot MoneyPak and sending the card to the scammer or giving them the access code from the back of the card. In either case, the scammer receives money and never gives out the loan.
USA PayDayLoans has an alert from the Better Business Bureau along with an F rating. USA PayDayLoans has hundreds of reports as a scam. USA PayDayLoans has deactivated its website and has no contact information available.
Advance fee loans are illegal and should be reported.
