The new educational content is meant to empower borrowers with everything they need to know about short-term loans.
(PRWEB) March 01, 2012
CheapPaydayLoans.com announces the launch of its new informational resources, designed to explaining how payday loans work, walk borrowers through the process and give helpful tips on how best to take advantage of what payday lenders have to offer. The site’s online application and educational “How it Works” section are both available directly from the CheapPaydayLoans.com homepage. The site specializes in connecting potential borrowers with a network of trusted payday lenders.
“The new educational content is meant to empower borrowers with everything they need to know about short-term loans,” says company spokesperson Michael Vaughn. “Borrowers need the right information to make informed decisions. With the addition of the new educational resources, we have become a one-stop location both for information and a secure connection with reputable lenders.”
The CheapPaydayLoans.com site allows cash-strapped consumers to gain access to cheap payday loans from the comfort of their home or workplace, instead of having to make the trek to a storefront payday loan establishment. The information available on the site is free of charge, so the site is a valuable resource even for those who are not interested in applying for a loan at this time. The application also is available at no cost, and there is no obligation assumed when shopping for the right loan.
Loans available from the CheapPaydayLoans.com lender network are typically small — from $100 - $1,500 — unsecured short-term loans available within one business day. Customers only need to meet a few simple requirements and provide a small amount of personal information, including a phone number, email address and a checking account number. Borrowers must be at least 18 years old, a U.S. citizen or permanent resident and earn a minimum of $1,000/mo. after taxes.
The application process at CheapPaydayLoans.com does not require a credit check; this means that the lender network accessible through the site may be the best option for many borrowers with a poor credit history who are unable to get loans through traditional lenders.