Chicago, IL (PRWEB) April 30, 2012
The popular online authority in the lending sector, Reallybadcreditoffers.com has announced the release of new short term bad credit loans that allow qualified borrowers access to as much as $1000 in under an hour.
According to the site, people with a really bad credit rating can qualify, and the lending programs offer borrowers quick access to money for emergencies, short term bills and to help meet immediate financial needs.
Borrowers can opt for a short term for repayment or are allowed to extend the repayment period by as much as 100 days if necessary if more time is needed.
"There's no such thing as free money, we all know that. But... these offers provide borrowers money fast, to pay bills, avoid penalties, and to get money matters in order," said Ariel Pryor, loan expert with the site.
The site proposes people with bad credit work with lenders who are ready to take the extra risk of lending to bad credit people rather than fighting with banks and direct lenders that have stringent credit requirements for approval.
Both long term loans for bad credit and short term are possible to get approved, according to the site. The borrower typically will be charged a higher interest rate because of an imperfect credit score, but they can still be much cheaper than late fees, penalties or other emergencies they are used to avoid.
Visitors are provided a simple and easy to navigate website, and can access financial calculators for determining repayment before borrowing, credit advice, suggestions, recommendations,as well as a variety of bad credit loan offers and recommended financial products.
Ariel Pryor, Loan Analyst