New York, NY (PRWEB) February 29, 2012
Consumers looking for loans with no credit check necessary for qualification can rejoice as the popular loan comparison site, ReallyBadCreditOffers.com has announced the release of two new financial product recommendations. The new personal loans with no credit check being offered use an application process that can be completed in 60 seconds or less and qualified people with bad credit scores can get approved and funded in under 60 minutes.
Consumers with bad credit ratings are often turned down by traditional lenders because of the ‘perceived risk’ associated with lending to lower scores. A person’s credit score is determined as a result of financial statistics including the number of credit inquiries, payment history, types of credit, debt levels and number of accounts in an individual’s financial history. According to the site, having bad credit ratings can skyrocket the interest rate people are charged for financial products such as insurance, mortgage rates, auto loans and credit cards.
People can now sidestep the credit process altogether using the no credit installment loan offers that qualify applicants on other factors. Applicants looking to borrow money are required to be over 18 years of age, and have a provable income to qualify for the loan money.
“These offers provide easy, fast access to money for people that have no credit, bad credit or simply wish to sidestep the hassle of qualifying by traditional methods,” said Ariel Pryor, financial expert.
“Times are tough, people can see which offers we recommend on our site and clearly and quickly get personalized help that fits their need. We hope to help people first with immediate needs then help folks eliminate debt and bad credit from their lives forever,” added Pryor.
In addition to no credit loans visitors to the website can access a number of different services organized by need to help people with a troubled financial history fix their reputation and get the help they need.