Spotya.com is a PAYDAY LENDER!
April 8, 2008 · Filed Under Uncategorized · 5 Comments
Today I would like to talk about the difference between payday lender sites and what are known as “lead generators”. First, I’d like to define both terms.
A payday lender is a company who actually lends money to a customer. This is a website that recieves a potential borrower’s application and determines how much a customer will be loaned. then this company will directly deposit the money into the borrowers account, 100% by themselves. A payday lender has a licesnce to loan. A payday lender will have a contact phone number to address the customers questions and a staff that recieves all the loan applications to process them. These are not the aspects of a cash advance website that simply generates “leads”.
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