PaydayAdvance.us wants people to understand what a payday advance really is before they make a decision to get one.
(PRWEB) May 31, 2012
Visitors to PaydayAdvance.us will now benefit from the recently launched "Get Money When You Need It With Payday Advance Lenders" educational article. This new feature is aimed at consumers considering a payday advance, but who might feel overwhelmed during the decision-making process. The free article highlights the benefits of a payday advance, including the speed and convenience, the simplicity of the application process and the safety of applying online.
“PaydayAdvance.us wants people to understand what a payday advance really is before they make a decision to get one,” said company spokesperson Jonathan Rowe. “Customers who understand how our loans work are better equipped to deal with payments and to make the most of the loan they receive. We have updated the website with this in mind, so potential borrowers can find all the information they need in one place.”
PaydayAdvance.us specializes in helping cash-strapped consumers who need quick and easy access to a payday advance. Applicants don’t need to deal with lots of complicated forms or wait through a lengthy background check to get an answer to their loan request. In fact, they generally can get approved within just minutes of applying for a loan, after which they have the opportunity to choose a lender they feel is a good match.
PaydayAdvance.us is not a lender; rather, the company acts as a bridge to connect pre-screened lenders to consumers. Since prospective loan borrowers have a choice of lenders, they can decide what rates, conditions and fees are best suited for their particular situation and needs before they accept the loan.
To get started, consumers have to complete the brief online application. Loan amounts vary from $100 to $1,500. During the application, prospective borrowers are asked to enter basic details, including their name and phone number, income and checking account information. The response usually is much quicker than a bank or credit union can provide, so consumers can know immediately whether their loan has been approved. The money is then sent to the borrower’s bank account via direct deposit within one business day.
With a traditional bank loan, consumers have to disclose why they need the money and how they plan on using it. Payday advance loans give consumers the freedom to get just the amount they need and use it in any way they want to. Depending on the situation, this could mean fixing the car, paying off an outstanding utility bill, paying the security deposit for an apartment, buying a prescription that medical insurance doesn’t cover, or even just buying groceries. Loans are typically repaid via automatic withdrawal on the borrower’s next payday.