Tuesday, December 25, 2007

Payday Loans Niche

As I was roaming around the web in search for new ideas, news ways to make money online, I've come across few articles about Payday Loans. Top paying list of adsense keywords include payday loans or loans. It makes me think about starting a new blog about this topic but I know I wouldn't be authoritative when it comes to this and it will all be useless for me and to the readers.

So what is payday loans actually?''

According to Wikipedia:
A payday loan (also called a paycheck advance or payday advance) is a small, short-term loan that is intended to cover a borrower's expenses until his or her next payday. Typical loans are between $100 and $500, on a two-week term and have interest rates in the range of 390 percent to 900 percent. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card.

Still don't fully get it? Never mind.. I wont dwell on this definition.

What am trying to point out is that there are bloggers who have reported higher pay per click for ads related to payday loans. Some reports showed as much as $5 to $8 a click. This idea interests me. But since I don't know about payday loans, I will try to mention it in my posts and track the ads and the corresponding pay I get. I can't figure out how to do it, perhaps Ill use stat counter.

On average I get 3 dollars a day now. The highest adsense earnings I made in a day was over $20. I aim to surpass that and make $50 a day. The payday loan thing will be one of my strategies. It's a trial and error process. There is no hard and fast rule with Adsense. You have to experiment and explore.

In my next post, I might discuss about how I increased my clickthrough rate.

So long for now. Happy Holidays.


loans said...

I would like to add a little more information:
A payday advance provides you with an unsecured, short-term cash advance until your payday. Customers choose payday advances to cover small, unexpected expenses while avoiding costly bounced-check fees and late payment penalties. With Payday Quote Advisor you can apply for a payday loan online and have your advance electronically deposited to your checking or savings account.
I was searching for info on payday loans and found a site that had some good stuff: http://zass.info

lady said...

thanks you for commenting and visiting this blog.. you seem to know a lot about payday loans. you must be associated with the loan business.

RollinMao said...

Just a side note, Adsense display ads according to your content. So, if the adsensebot finds content to make money online, it will display ads about making money online. But if your post is about loans, it will show loans ads.

lady said...

yes rollin.. there are already ads about loan displaying on my site along with make money online ads.. its going well now but I can't really conclude until the holiday is over where people are back facing the internet.

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