The instant loans for bad credit that we review and compare offer hassle free, easy access to money
Fort Lauderdale, FL (PRWEB) December 18, 2011
The online consumer financial resource ReallyBadCreditOffers.com is reporting an uptick in emergency money borrowing this Christmas season, with people borrowing money with less intent for holiday spending as years past. Featuring bad credit loan offer comparisons, the online financial site is reporting a rise in desperation borrowing.
Connecting borrowers with easy to approve loan offers and credit repair services, the financial website has serviced 10's of thousands of visitors since its founding in 2008 and has been tracking consumer behavior trends.
Ariel Pryor, financing expert at ReallyBadCreditOffers.com said, "The rise in popularity of consumers seeking hard to get loans paints a bleak picture of the overall financial health of this Christmas season."
"The instant loans for bad credit that we review and compare offer hassle free, easy access to money for borrowers that otherwise have few traditional options available because of their credit history," said Pryor. The Christmas holiday shopping season, considered to run from late November to early January, in the past has experienced a high volume of borrowing, typically to finance gift buying, but the site is reporting a change of intent this year as customers are faced with emergency, immediate bills.
The U.S. financing industry has been extremely volatile lately, due to the many legislative initiatives that federal and state governments are promoting in order to protect consumers from predatory lending practices. These new laws are constantly changing areas of the industry that affect interest rates, maximum loan amount caps, the procedures involving the borrower's income verification, loan repayment terms, and the number of outstanding loans that are allowed per borrower.
ReallyBadCreditOffers.com has been the leading industry source connecting consumers with bad credit loan services. The site has been helped hundreds of thousands find financing since its creation in 2008. The staff reviews the bad credit marketplace to reveal to its visitors the latest information on lenders, credit cards, credit repair, loan and bankruptcy resources for the hard to finance.
Ariel Pryor, Financial Expert
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