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SOURCE: Internet Payday
Informational Piece Intended to Help Consumers Understand How Cash Advances Work
(PRWEB) July 28, 2012
InternetPayday.com has introduced a new article entitled “Get Money When You Need Cash Today” to the educational section of its website. People who are in need of a quick loan and cannot deal with the long waiting times and complicated application process that banks have in place can now use this article to get a wealth of information about the alternative option of short-term payday loans. The piece explains the company’s simple application process for loans that can be obtained within 24 hours and used to cover emergency bills or expenses.
“We at InternetPayday.com want to do everything we can to make sure that prospective borrowers have all the correct information about us and our services,” says company spokesperson Amy Stone. “Our new article should be a valuable tool in this effort. It explains how we do not provide loans but instead act as a link between lenders and borrowers, and take the guesswork out of the process by prescreening lenders to ensure we provide a safe and fair service. Also, it discusses how payday loans are accessible to individuals regardless of their credit rating, making them ideal for those who don’t have the right credit score for a bank loan.”
InternetPayday.com offers instant payday loans in amounts ranging from $100 to $1,000. They are available to anybody who can meet just a few basic prerequisites, such as having a monthly paycheck of at least $1,000 after taxes and a checking account in their own name. There is no credit score required at any point during the application process, but consumers will need to enter information such as their employer’s name and address and some financial data into the company’s brief online application form in order to show that they will be able to repay their loan without difficulty.
As part of the streamlined online lending process, InternetPayday.com can connect a prospective loan borrower to a number of lenders in their area. The lenders can present their various offers to the consumer, who can then go over the options and choose one. Among other criteria, offers are based on the consumer’s state of residence and the lender’s own rates and fees. Would-be borrowers are always advised to review all offers and compare them carefully before picking the right offer for their situation.
Loan repayment is conducted electronically for maximum customer convenience. On the due date, the lender will take the money automatically from the borrower’s bank account. Consumers who do not have the money available on that date can request a loan extension. Additional fees may apply, but the loan will not be considered in default.
Cash advances are considered by many financial experts to be an excellent way for consumers to deal with financial emergencies, especially in cases where an individual needs to get ahold of some cash quickly and without any hassle whatsoever.
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