BadCreditLoans.com knows that there are a lot of payday lending companies out there competing for customers.
(PRWEB) April 13, 2012
BadCreditLoans.com is pleased to announce the introduction of a new online educational article intended to help consumers seeking financial relief gain insight into the value of payday loans. The new resource, which goes by the title “Why Choose Us,” is accessible from the website’s homepage and is available free of charge to visitors. The article pinpoints the key features that help BadCreditLoans.com stand out among the field of payday loan sites and provides detailed information about how it processes and approves its loans for customers in need.
“BadCreditLoans.com knows that there are a lot of payday lending companies out there competing for customers,” says BadCreditLoans.com spokesperson Lilly White. “That’s why we go the extra mile by providing consumers with educational resources that provide all the information they should have regarding payday loans. Our goal is to educate consumers and equip them with the knowledge necessary to make responsible payday decisions now and in the future.”
Consumers with bad credit typically find it virtually impossible to gain approval for traditional bank loans. With payday loans, however, no credit score is required of borrowers. That’s why payday loans, also known as bad credit loans, are important to millions of hardworking Americans seeking to restore their credit. Acting as a financial lifeboat, these short-term loans provide financial assistance between paydays and cover unexpected bills that require immediate payment. The loans are generally intended for emergency use and do not require any collateral whatsoever.
Reading the “Why Choose Us” article, consumers learn that payday loans are available in amounts ranging from $100 to $1,500, with the amount someone qualifies for depending on income and state regulations. Loan amounts typically reflect the consumer’s average paycheck, and serve as an advance on future money. Payday loans are normally used to cover urgent expenses such as medical care, car repairs and credit card debt. The other articles on the site cover such topics as loan policies and procedures, rates and fees, loan repayment and security. Because the site is designed to be as pressure-free as possible, consumers can browse the educational resources on the site without ever having to initiate a loan contract. Likewise, visitors who decide to proceed with a loan application and are subsequently approved can review as many loan offers as they like without ever needing to accept one.
The new article added to BadCreditLoans.com helps the site continue the reputation it holds for offering solid customer service as well as further advance responsible habits by loan borrowers.