First I will start off by saying I am not a member of Project Payday nor do I plan to be.  This is a truly unbiased review of this scheme.  This is a very unique program among the ones reviewed on this site.  The basic idea behind it is you complete trial offers of various products and cancel them before the actual fee or subscription actually begins.

There is no fees that I no of to actually join this program but of course it is not without it’s costs.  Some of the offers you have to complete cost a few dollars, but you always earn more than what you pay out.

A restriction to this work from home opportunity is that you must live in the US (maybe Canada is ok but you have a lot less offers and opportunities open to you).  I believe a UK version is available under a different name, might even be an entirely different company but the concepts are the same.  The reason for this restriction is the offers may require a product to be sent to your house.  The companies doing these offers are looking for real actual customers and obviously aren’t interested in people outside of their market who can’t become their customers.

These offers are from all kinds of companies, many of which you know and are household names.  Actually, the ironic thing about this program is instead of you being scammed, YOU are the one doing the scamming (kind of).  I say this because the way you make money is by signing up to trial offers which you have absolutely NO intention of completing.  You have already decided to cancel or not buy the product before you even begin.  This of course is not what the company was intending when they created the trial offer.  From the company’s point of view you are abusing the system, but of course there is nothing they can do about it.  They have no way to distinguish between the genuine customers who were actually considering the offer and those who are part of Project Payday that already have their cancellation date planned.

If you are wondering why the companies do these offers it’s simple really.  Companies spend billions of dollars on advertising.  Many companies have decided to diversify their advertising budget and use some of it to get the product into the hands of potential customers.  Companies realize the power of desire and there is nothing more effective than trying the product or service out and falling in love with it.  Companies know that a certain % of people who try out the product or service will end up keeping it and that’s where the company makes it’s money.

So of course Project Payday is very likely a pain in the neck for these companies as Project Payday members are only causing losses to the companies providing these offers.  However, it’s obviously not a big enough pain otherwise the companies would stop the offers all together.  Despite the Project Payday members “abusing” the system the companies still come out on top profit wise and therefore continue to provide these offers.

In reality, many Project Payday members do actually fall in love with the product or service and end up keeping it.  So, if you are the type of person who easily falls in love with products or services you may find that this work from home program is the biggest mistake of your life because instead of canceling everything and making your money you end up impulsively keeping everything and LOSING money !

The hard part about this “job” is that you must keep meticulous track of all the offers you are doing and when to cancel.  If you forget to cancel you end up losing money, so you need to be very organized.  You will use your credit card often too so you need to be comfortable with that idea.  The offers are also designed in such a way that it isn’t very easy to cancel.   So be prepared to jump through hoops and wait on the phone for long periods of time in order to cancel.

Just to give you an idea of the cancellation process of one type of offer, I was a victim of a scam known as the Google Cash Kit. I found it myself one day online.  The site made it out to look like you were getting something shipped to your door for a simple $2.95 shipping fee.  But the fine print at the bottom of the site explained you were actually signing up to one or more services costing nearly $100 per month.  Almost all people who ordered this “kit” were completely unaware of the monthly fee and you cannot just call your credit card company to cancel, you must call the Google Cash Kit company themselves in order to cancel, and of course when you do that you are on hold for a long time.  I even read of experiences of people who called and canceled over the phone but the fees just keep coming.  A total nightmare.

I am telling you about this because this is one of the offers that Project Payday have people do.  But the difference is that when you sign up you KNOW what this is all about and know to cancel within the 7 days or whatever.  I came across this by myself on the internet as I was a genuinely interested customer so I ignorantly signed up without noticing the tiny print at the bottom of the screen but I was fortunate enough not to lose any money unlike many others who’s stories I read online.

Being a part of Project Payday doesn’t mean you will be scammed like I was, nor do you take advantage of anyone else (except for the companies themselves perhaps).  Project Payday make sure you know exactly what you are getting yourself into and they also tell you exactly how to get yourself out of it.

If you are wondering how much money you can make well it all depends on how much time you have.  It’s fairly tedious work filling out forms and keeping track of all your offers, then making sure you cancel them on time.  You will read of people who say they are making $1000s and they probably are.  This is because they spend a lot of time doing this.  I’m sure you could easily average $20+ per hour if you were serious about this and an efficient worker.

Project Payday  also has the opportunity to advance to a higher level where you become the mentor to other newbies.  Bascially this whole arrangement is about sharing the referral commissions that companies give to the affiliates.  For example the Google Cash Kit that I was tricked into buying pays a referral commission of around $50 if I remember correctly.  So if you were to sign up to that and then cancel within the 7 day trial period the person who received the $50 commission (your mentor) would split that with you maybe 50/50 or whatever.

Before trying out any offer the details are all spelled out for you.  It’s very clear so you don’t need to worry about getting tricked into anything.  The offers are all listed on the Project Payday site, the cost of trying the offer and the amount you earn by doing so etc.  So you get to pick and choose what you do.  You normally have to kind of work your way up the ladder so to speak as you can’t just do any offer you want.  Each offer has criteria that must be met i.e. you must have a minimum experience of completing so many offers or something like that.

There is certainly a learning curve to this somewhat, but anyone can do it.

Hopefully this has shed some light on the Project Payday scheme.  I was considering doing it myself at one point, but I live outside the geographical requirement so I couldn’t.  In hindsight I think I would have found it annoying so I’m glad I have found the job that’s perfect for me which is making websites and earning money from Google Adsense.  It’s a legit no fee work from home business.  I don’t need to work with anyone which I like and it pays very well.

If you have any experience with Project Payday good or bad please mention it below for the readers to benefit from.