Get the truth about Instant Payday Network
I first heard about Instant Payday Network awhile back while researching legitimate ways to earn money on the internet. Everyone and their brother is out to tell you how amazing this system is. The internet is FULL of people promoting the Instant Payday Network. You have to look for quite awhile before you actually run into something with a single negative thing to say about it. I mean, any program you can use for 100% free and make money with has to be great, right?
If you’re looking for an honest Instant Payday Network review, please hear me out.
Let’s check out how IPDN stacks up to the competition:
How does Instant Payday Network work?
In order to join Instant Payday Network, you need to join Express MyCashFreebies and Double MyCashFreebies. These are websites where you can sign up for various CPA offers from fortune 500 companies.
Examples of CPA offers –
- Sign up to get approved for a credit card.
- Create a free trial at freecreditreport.com, (or various other credit score companies).
- Create a free trial at a place like Netflix or Gamefly.
- Sign up for a magazine subscription.
These aren’t static offers and can change daily, weekly or monthly. Some of these only require you complete the free trial offers, but you still need to enter you credit card information for 99.9% of the offers.
Upon joining each of these CPA offer sites, you will be given a referral code. You can use this within “Step 3” of the IPDN system to access it for free. He provides you with a capture page, free email marketing campaign and teaches you marketing strategies to send you capture page around the internet to attempt to have others sign up. He calls this a “turnkey” system that will create you a steady income online if you put in the work. However in order to get credited for referrals and start making money you’ll need to complete CPA offers, and you referrals much complete the offers in order for you to get credit for them.
Each one of these CPA offers within MyCashFreebies and Double MyCashFreebies is worth a certian amount of credit, anywhere for 1/10 to 1 full credit. You need to complete 2 full credits at each company to be approved for Instant Payday Network. This would be signing up for a minimum of 4 offers – assuming you did 1 credit offers – but those usually are ones that require paying more money, so if you wanted to attempt the free trials you may be looking at completing closer to around 10 offers (maybe even more).
But… how do you make money?
You need to first complete your CPA offers. Then you’ll get paid money each time someone you referred via your capture page completes their trial offers too – I believe it’s $20 for MyCashFreebies and $30 for Double MyCashFreebies.
THEN….You are then encourage to join the Empower Network, where you will be pressured into spending thousands upon thousands of dollars to be able to earn the “REAL” money.
My Immediate Concerns with Instant Payday Network
First of all, you need to be very careful completing these CPA offers. Diligently keep track of every single offer you sign up for – the date, when it expires, etc so you know when to cancel. Do some basic research on each of these companies and see if other people have had issues with their billing departments. A little research brings up some red flags for some of these companies…
Freecreditscore, Creditreports and eMusic – just a few of the CPA offers availabe within MyCashFreebies – have quite a few customer complaints. These complaints pretty much all involved the billing and people saying they were charged beyond their free trials even though they cancelled. This is very real and isn’t uncommon, it has actually happened to me before too.
Remember, you’re giving out your credit card info to SEVERAL companies and you need to be very careful because you could end up getting charged for “free” offers if you don’t cancel soon enough (or if you are unlucky).
This “turnkey” system is probably not going to earn you a steady income…
Sure, you can refer your friends to IPN via your capture page, maybe pick up a few stray leads here and there and earn each time they complete their CPA offers. However, this is a very empty marketing campaign that has no strong foundation. If you’re attempting to make money by spamming your link on Craigslist, blog comments, forums, YouTube… you’re going to find it really hard to actually get consistent traffic and conversions. There are thousands of other people attempting to do the exact same thing as you, and your campaign isn’t even unique.
Perhaps you can make some stray dollars with this, but it won’t lead you to the types of figures Jeff talks about, that is for sure.
Pros vs Cons
- The first 3 phases of the program are essentially free
- You can make some money without doing a whole lot of work
- The advertising for this program is very deceptive. It leads people to believe they can actually work 10 hours a week and earn upwards of $4,000 PER DAY? That is highly unlikely.
- The marketing campaign is too generic and way over-used. There is no solid foundation in place.
- You’re going to be giving out your PERSONAL information when signing up for these offers (Name, address, phone number, email, credit card number, and in some cases your social security number) That’s like giving an instant invite to be put on spam calling and mailing lists, plus you really should be careful when giving your social security number away.
- Many of these CPA offers require your credit card information! Once they have it, you have no control of whether they’ll charge it or not. In addition, unless you are very organized while signing up for these free offers — like writing down which companies you signed up for, the dates in which you need to cancel them, and all the information you used to sign up with — you may forget and these programs could charge your credit card!
- You also need to read the terms and conditions carefully, because some companies will charge your credit card during the free trial period and place a “hold” on your funds until you decide to cancel. Can you imagine what would happen if you were signing up for 20+ offers, all with different terms and conditions for what they are “allowed” to do on your credit card? I don’t see it ending well for most people.
- Sometimes, cancelling these free trials is a pain in the butt. Some companies will try to make the cancellation process as difficult as possible. When you finally figure out how to do it, they’ll put you on the phone with someone who will try and convince you not to cancel. This has happened to me in the past and it’s a PAIN IN THE BUTT to deal with those people.
- But perhaps the biggest negative about this entire program is that it’s just a stepping stone to join the EMPOWER NETWORK! (Basically a huge slimy pyramid scheme, and NOT free)
My Final Opinion
I would not recommend this program to my family or friends. Maybe it’s just that I’ve had one too many bad experiences dealing with companies trying to unlawfully charge my credit card, not allow me to cancel trial offers, or just essentially NOT co-operate with me in any way. Perhaps it’s just my bad luck–but I just wanted to forewarn you all about what you are actually entering into with this program.
If you sign up for this thinking you’ll instantly make hundreds or thousands every day with doing basically no work, you won’t. But hey, you can sign up and do it for free, so I guess you technically aren’t losing out on anything but your time (and your personal information).
If you DO decide to try this program out, try the free steps and see if they work for you. Don’t proceed to the 4th step and join Empower Network. You’re just going to end up losing a lot of money.
Anyone have any experience with Instant Payday Network they’d like to share?