What is CFSA?

PaydaySpot is proud to be a member of the CFSA community of responsible lenders. The Community Financial Services Association of America (CFSA) was established in 1999 to ensure consumer confidence in, and long-term success of, the payday advance industry. CFSA promotes legislation and regulation that provides payday loan customers with consumer protections, while at the same time preserving their access to short-term credit options.

CFSA is a national and exclusive advocate for the payday advance loan industry and its customers. It is comprised of more than 150 member companies representing over half of the estimated 22,000 payday advance locations nationwide. CFSA members participate in self-governance by adhering to a mandatory set of Industry Best Practices, adopted in January 2000 and amended in 2007, to ensure that lending transactions are conducted in a safe and responsible manner and with appropriate consumer protections. Please visit our CFSA Best Practices for the Payday Advance Industry page to view a copy of the CFSA Best Practices.

What does CFSA membership mean for our customers?
At PaydaySpot we are resolved to award our customers the best service possible, and that is why we have aligned ourselves with the same principles that CFSA regards with the utmost importance. These principles not only set us apart from the rest, but also allow our customers to see that their safety, security, and well being is our highest priority.

When you apply for a worry-free payday loan with PaydaySpot, you can be assured that any transaction between you and PaydaySpot will be performed with the utmost safety in regard to your personal and financial information. Our account executives and representatives are set on providing our valued customers with the highest level of security, so you can relax knowing that your information is in good hands.

At PaydaySpot, the security of your personal information is handled with every precaution. Through physical, electronic, and procedural safeguards we aim to provide each and every customer with the highest standard of excellence in online lending security. Our membership with CFSA is just a small glimpse into the standards and practices you can expect from PaydaySpot. When you need a helping hand, let PaydaySpot be the friendly neighbor to lift you out of whatever financial struggle has come your way.