(PRWEB) March 13, 2012
Check Depot announces the addition to its website of a new, free educational article about payday loans, entitled “Why Choose Us.” Many people use payday loans to pay for emergency expenses such as medical procedures, car repairs and household repairs when they cannot wait for their next paycheck. The goal of the new article is to educate prospective loan borrowers on the basic facts about payday loans, the ease with which they can be acquired, and the benefits of applying for these loans through the site.
“Check Depot is pleased that it is able to provide this new, helpful information as part of our continuing efforts to educate customers who are weighing the option of taking out payday loans,” says Check Depot spokesperson Elizabeth Sutton. “We want potential borrowers to be able to get answers to all of their questions about this type of financial assistance. Our articles allow us to keep these individuals well-informed so that they can improve their financial situation as quickly as possible. We make sure that our content is easy to comprehend, offering a free, simple resource to anyone who seeks some basic information about this kind of loan.”
The new article focuses on a few specific features of why customers should choose Check Depot. Among these are the fact that, through an extensive database search, customers are matched up with lenders that are determined to be perfect for them. Also, customers do not need to submit to a credit check and no particular credit score is required of them. Additionally, the whole loan process is exceedingly fast, and following approval, customers can usually expect to have their loan deposited into their account within 24 hours. The borrower simply needs repay the loan on their next payday. However, many lenders can take the repayment out of a customer’s account automatically so that they don’t forget about paying back the loan.
“Why Choose Us” is just one of several articles that visitors to the site can access from the homepage. Other articles discuss interest rates and fees associated with the loans, as well as the general rules associated with payday loans. Once potential borrowers are ready to jump in, they can apply online and get approved for a loan within minutes. In order to be approved, a customer must meet qualifications including having a checking account in their name, a job that pays at least $1,000 monthly and at which they have been for at least 90 days, being at least 18 years old and a U.S. citizen, and having valid home/work phone numbers and a valid email address. In general, as long as it is apparent to lenders that borrowers can pay back the money soon, they should be approved within a few minutes.
The Check Depot site offers its free articles to inform and educate potential loan borrowers so they have all the necessary information before beginning the payday loan process, as well as to improve its relationships with its customers in general.