In affiliate business you need to take care of two things while choosing merchants to promote. First one is how hot the product is in market. And another how much competition are there in the product. Definitely those which have more competitions are quite hard to work with but once you get an idea they are way more profitable that those with less competition. Payday loan or cash advance is one of such highly competitive but very profitable niche. Payday loan is the easiest and fastest way to get small loans. That’s why its hot among the customers. Payday Loan is simply a small loan which is given online for short term. It is easiest because the process is all online. You don’t need to have anything to get a loan. You don’t even need to submit any documents or certificates for it. You apply for loan and you’ll get instant reply with approval. The approval process is generally very quick and when a lender approves the application they will deposit it electronically to the borrowers account. Because of its easy process a lot of people take Payday loans. Hence, a lot of affiliates promote pay day loan.
Recently while I was looking for new merchants to promote I came across Payday One. Payday One is a state licensed pay day loan provider in United State. They are providing pay day loan since 6 years and are a subsidiary of ThinkCash, Inc which is a company that provides short-term and longer-tern loans online to pay bills, avoid bounce checks and for expenses. They have a payday loan affiliate program which pays pretty good. Why I’m considering this company is because they are quite a big company and are in business since long time, so I can trust them so the customer do. Borrowers do not need to fax anything. The website is fully functional, they can do a to z process from the website. Thats why its easy to sell.
They are paying 25$ for each new lead. The amount of commission is another reason why you should promote Payday One. You’ll not be paid for the previous or existing leads however. If you send someone to their site and complete the process and their application is approved, you’ll earn 25$. They pay via checks monthly on accounts earning a minimum of $100.00 commission. They have 60 day cookie life so that you’ll be rewarded for the purchase with in 2 months from the visitors you sent. They provide text links and banners for promotion. Kolimbo provides centralized and real time reporting for Payday One affiliates.
Like it? Click here to create an affiliate account with Payday One and start earning.
