Our site allows borrowers to get the quick cash loans they need from reputable lenders in their area, and now they can also learn what to expect from the lending process.
(PRWEB) February 28, 2012
CashNow.org announces the rollout of a new educational section designed as a one-stop resource for borrowers with questions and concerns about the payday loan process. The new content, in addition to the site’s easy online application, is sure to keep CashNow.org at the forefront of the payday lending industry.
“Our site allows borrowers to get the quick cash loans they need from reputable lenders in their area, and now they can also learn what to expect from the lending process,” said company spokesperson Michael Vaughn. “Informed borrowers are better able to make the right decisions to get their finances back on track, and CashNow.org is here to help.”
Payday loans, sometimes known as cash advances, allow borrowers to get cash now regardless of their credit score. To gain access to the company’s network of trusted lenders, visitors to the site enter their contact information and a few simple financial details, including their checking account number and proof of employment. Prospective borrowers must be over the age of 18, a citizen or permanent resident of the United States, and be employed or receiving regular income for at least ninety days. Having a regular paycheck is what secures the loan, which means even people with poor credit can access the emergency cash they need.
Payday loans or cash advances are meant for emergency spending. Because the loans are quick and secured by a regular paycheck, the interest rates tend to be higher than with traditional loans. Repaying the loans on time, covered in the resources available on the website, is essential for properly taking advantage of cash advances in helping borrowers get their personal finances back on track.
New content on the site includes a “How It Works” article, which covers the loan process in detail, from application through funding and repayment. The updated content, combined with an online application that can be completed and approved in minutes, assures that CashNow.org will remain a popular resource for working people of all backgrounds.