I took out a payday loan with Moneytree that came due 3 days before my payday. I will say it again: Moneytree will write you a payday loan that comes due 3 days before you get paid. Their underwriting is either apathetic or incompetent - either way what they are doing is undeniably unethical if not down right criminal. Charging between 430% - 573% isn't enough for them - they'd just as soon you default so they can sell the paper (your loan) to collection agencies. Even though Moneytree payday loans are a loan, they almost never help build your credit score. Moneytree doesn’t report to credit bureaus so you can’t build up the credit history you need to get an affordable loan. In order to move past payday lending you need to build up your credit and stay away from predatory lenders.