SonicPayday wants to educate consumers on how to effectively protect themselves when applying for payday loan services. SonicPayday is a large loan services company offering many different options for payday advance loans. SonicPayday may or may not be able to fill customers' specific needs, so it is important that customers know all of their available options and their current financial demands.

To qualify for a loan from SonicPayday customers will need to fulfill five requirements:

• Customers must have a steady income. Customers must have been employed for at least three months in order to qualify for a SonicPayday loan.
• Customers must have at least $1,200 a month in take home pay, or approximately $20,000 in annual salary.
• Customers must have a checking or savings account with direct deposit and have held such for at least three months.
• Customers must not have any outstanding payday advance debts. must be at least 18 years old.

SonicPayday charges $20 per $100 withdrawn. For every pay period customers hold off repayment, they will be charged an additional $20 per $100 of their initial withdrawal.

SonicPayday offers very competitive rates and their loan repayment procedure is completely reliable. SonicPayday does not advocate using its services, or any company's services for that matter; SonicPayday is only providing information to help customers decide which financial lending services company to use.