OnlinePaydayAdvance.com strives continually to ensure consumer protection by providing the knowledge necessary for consumers to make informed financial decisions.
(PRWEB) May 17, 2012
OnlinePaydayAdvance.com is introducing an article entitled “Lending Policy” to its website in an effort to promote consumer education. While applying for a payday advance via the site is generally a quick and simple task, OnlinePaydayAdvance.com is offering the new information with the idea that consumers should first get to know the ins and outs of the company’s loan lending policies before filling out an application. The article contains information on several important governmental policies that influence the actions of, and services provided by, the payday advance lenders who work with the site. These policies are also in place to protect consumers during the lending and repayment processes.
“OnlinePaydayAdvance.com strives continually to ensure consumer protection by providing the knowledge necessary for consumers to make informed financial decisions,” says OnlinePaydayAdvance.com spokesperson Hanna Wellman. “Our new lending policy article, in conjunction with numerous posted articles detailing the benefits and requirements of payday loans and the security of our application process, ensures that each consumer’s cash remains as safe as their personal information.”
The new article covers several important payday advance lending policies that consumers should know by heart. For example, the Truth in Lending Act is a federal law that requires financial transparency on behalf of the lender, eliminating the chances of surprising consumers with hidden costs or fees. Meanwhile, the Fair Debt Collection Practices Act demands that cash advance lenders abide by specific practices during the repayment process, such as refraining from deceitful collection practices or calling consumers at inconvenient times throughout the night or early morning. These are just a few of the regulations that govern the actions of loan lenders. Consumers should peruse the “Lending Policy” article to stay updated on all the various policies and learn the appropriate steps to take if a lender happens to forgo established lending regulations.
Along with the “Lending Policy” article, OnlinePaydayAdvance.com provides a variety of other informational pieces aimed at educating consumers. For example, the “How It Works” article describes the loan application process step by step, while the “Why Choose Us?” page lists the specific benefits of getting a payday advance through the site. If a consumer needs a quick emergency loan of up to $1,500, they are advised to first consult the site’s educational resources, and then following that, proceed to the site’s application page to begin the process of regaining financial stability in their life.
OnlinePaydayAdvance.com is renowned as being one of the most reliable Internet resources for consumers looking to connect with dependable payday loan lenders. The site works with a network of reputable, skilled lenders who provide individuals with the funds they need to handle financial emergencies and stick to their monthly budgets. With the “Lending Policy” article, consumers will now be able to learn everything they need to know about how the lenders conduct business.