The improved online loan application can be completed in as little as five minutes, letting borrowers of all backgrounds get the cash they need within 24 hours.
Glendale, CA (PRWEB) December 10, 2011
PaydayCentral.com, an online resource for linking consumers with payday loans, announces the launch of its redesigned website featuring a sleek new interface and an easier online loan application. The site remains free to use and allows borrowers to be pre-approved for a short-term loan in just minutes.
“The new PaydayCentral.com makes getting access to a quick cash loan even easier,” stated company spokesperson Roland Green. “The improved online loan application can be completed in as little as five minutes, letting borrowers of all backgrounds get the cash they need within 24 hours.”
There’s no credit check required for loan approval; instead, the online application requires only the borrower’s basic contact information, a checking account number, proof of legal residency and employment for at least 90 days. The minimal borrower requirements level the playing field by allowing even consumers with poor credit, or no credit, to get the money they need to cover emergency expenses, utility bills, or late payments on a car loan or credit card.
Applicants are pre-approved for a payday loan and linked with lenders that are vying for their business. All of the lenders in PaydayCentral.com’s network abide by the Truth in Lending Act; therefore, all loan fees and interest rates must be disclosed upfront, before the borrower signs anything. Any fees are paid directly to the lender, so consumers pay nothing to use the site.
PaydayCentral.com uses up-to-date encryption technology to secure the personal data of applicants, so site visitors won’t have to worry about their information being stolen and misused.
People in need of immediate funds can visit PaydayCentral.com anytime day or night to apply for quick cash loan — right from the comfort of home. The updated site presents borrowers with multiple loan offers, eliminating the need to drive around to different storefront lenders hoping to get the best rate.
Unlike with conventional bank loans, borrowers don’t have to wait weeks to get approval and funding. Approval takes just minutes and the loan funds are direct-deposited directly into the borrower’s checking account within 24 hours. Repayment is just as easy — the loan amount and any applicable fees are automatically withdrawn from the borrower’s checking account on the pre-arranged due date. Payday loans typically have duration of two weeks to one month for repayment.
# # #