We truly believe in the many benefits of cash advances, which is why our site strives to let everyone know the real facts about these short-term loans.
(PRWEB) May 01, 2012
InternetPayday.com is proud to announce the addition to its site of an educational article that is designed to inform consumers about the many advantages of payday loans. The company has created the new content with the belief that there are various widespread misconceptions about cash advances, and that the beneficial qualities of these loans for most people need to be publicized more. The new article is just one of numerous free educational pieces about cash advances and the lending process that are accessible from the InternetPayday.com homepage.
“InternetPayday.com is eager to educate potential borrowers on the myriad of ways payday loans can help them,” says InternetPayday.com spokesperson John Bean. “We truly believe in the many benefits of cash advances, which is why our site strives to let everyone know the real facts about these short-term loans. We hope that having all the information will encourage consumers to look into payday loans a bit more.”
One of the most popular advantages covered in the new article, which is posted under the title “The Biggest Advantages of an Instant Payday Loan,” is that a high credit score is not necessary to get a cash advance. This means it is possible for a customer to get a loan even when they have poor credit or no credit at all. Most people with credit issues have few options when it comes to borrowing money, especially where banks and other traditional lenders are concerned. Payday loans are designed to be as accessible as possible to the greatest number of people possible, no matter what their credit scores may be, and this puts the loans in stark contrast with traditional loans.
As further evidence of their accessible nature, payday loans have few requirements for borrowers in general. To qualify for a loan, a borrowers just has to be 18 or older, a U.S. citizen or legal resident, and in possession of their own bank account. They also need to have a steady job where they make at least $1,000/month after taxes, a valid email address, and valid home and work phone numbers.
Once they qualify for a payday loan, most borrowers find that it is extremely easy to get the money. It is usually deposited directly into their bank account within one business day, so there are no trips to the bank or mailbox required. The application process only takes a few minutes, and approval usually takes just a few more minutes beyond that, putting borrowers quickly on the road to getting the money they need right away. InternetPayday.com believes that anyone with an unexpectedly high utility bill, immediate car repair needs, or any other type of urgent or emergency expense will appreciate the ease and speed involved in getting a payday loan, and it encourages consumers to thoroughly peruse its online materials so they can gain a solid understanding of how exactly the company can help them.