We believe consumers should receive the most comprehensive information available to ensure they get the best loan possible.
(PRWEB) March 04, 2012
Popular consumer lending site BadCredit.com announces the rollout of its new educational section designed to arm consumers with complete information on the payday loan process. The content details how consumers with bad credit are welcome to apply for a cash advance of up to $1,500 and receive approval in just a few minutes. Because the company’s network of affiliated lenders doesn’t require any set credit score, most borrowers with a valid checking account and current employment will be approved. Visitors to the updated site will find an array of educational materials and related to the payday lending industry, as well as helpful tips on how to start building safe and effective borrowing habits.
“We believe consumers should receive the most comprehensive information available to ensure they get the best loan possible,” said spokesperson Norma Blair. “If this means providing updates on payday lending laws, explaining how to shop for the best loan terms, or offering tips for instant approval; we’re more than happy to do it.”
In keeping with the site’s mission to provide equal access to short-term loans regardless of a person’s bad credit history, BadCredit.com has a hassle-free online application designed to be completed in minutes. The site’s new educational content backs up the loan applicant with helpful tips for loan approval. Basic requirements include employment at a current job for 90 days or more, earning at least $1,000/mo. after taxes and having a valid checking account and email address.
Visitors to the site will find free educational materials and other electronic resources, including articles on consumer protection, interest rates and loan fees, as well as common misconceptions about payday loans. It is not necessary to apply for a payday loan in order to gain access to BadCredit.com’s assortment of online educational materials, nor is it necessary to set up an account or provide confidential information.
BadCredit.com encourages consumers to utilize all available resources, including those offered their site, when deciding whether to accept any loan offer.
“Consumers shouldn’t be punished for experiencing a financial setback,” Blair stated. “They should be advised on how to ensure another one doesn’t occur.”