We at GetCashToday.com know the importance of being fully educated when it comes to trying to decide whether or not to pursue quick cash in the form of a payday loan.
(PRWEB) May 20, 2012
Keeping with its goal to educate consumers, GetCashToday.com has launched a new online educational article entitled “Responsible Lending,” which addresses the federal and state policies that govern the contracts offered by payday loan lenders to borrowers. These governmental policies are in place to aid consumers, and so it is generally recommended that individuals take the time to become acquainted with these governing laws and regulations before applying for a payday loan. Consumers who skip over this information may not realize the extent of their rights when dealing with quick cash advances.
“We at GetCashToday.com know the importance of being fully educated when it comes to trying to decide whether or not to pursue quick cash in the form of a payday loan,” says GetCashToday.com spokesperson Dan Baker. “Because we understand the importance of educating prospective loan borrowers, we have made a concerted effort to provide consumers with a comprehensive lending policy article that will explain the payday lending industry and its practices. With the information they glean from our new material, people can begin the process of acquiring a helpful cash advance from us with firm confidence.”
The “Responsible Lending” article addresses several major policies, including the Fair Debt Collection Practices Act, the Dodd-Frank Wall Street Reform Act and the Truth in Lending Act. Collectively, these acts restrict unfair collection tactics by loan lenders, entitle consumers to equal access to emergency funds, and ensure that loan lenders share all relevant details of their contracts, including potential rollover fees and other additional costs. With groups like the Federal Trade Commission and the Consumer Financial Protection Bureau enforcing these policies, consumers seeking quick cash today can always count on fair service.
While the lending policy piece is the newest addition to GetCashToday.com's online content, consumers are advised to also take the time to review the site’s numerous other informational resources, which can be easily accessed from the homepage. Consumers will find useful information, such as tips on spending and repaying quick cash loans, and detailed explorations of such topics as basic loan eligibility requirements, loan rates and fees, and the many benefits and advantages of fast payday loans.
When other efforts to obtain emergency funds fail, individuals in need of a monetary boost can turn to GetCashToday.com. The site leads consumers to a large network of quick cash lenders, who can provide the needed emergency funds in a matter of hours. With the funds in hand, consumers can address their dire financial needs and then repay the loan in the following weeks. Borrowing quick cash loans is a common practice; however, GetCashToday.com also caters heavily to first-time borrowers, which is a big part of why the site offers abundant informative content that covers payday loan basics.