Orlando, Florida (PRWEB) June 15, 2012
In a continuing effort to improve the user experience, Bridge Payday Loan launched their state of the art website this week. The newly redesigned site can be seen and utilized at: http://www.bridgepaydayloan.com
Overall, the new and improved website allows the customer to quickly complete the easy application, thus submitting their payday loan application to over 200 payday lenders that are ready to fund short term payday loans. The newly designed site uses all of the latest security and encryption methods, thus ensuring that 100% of all data is completely safe.
“Over the past year, we held many user acceptance sessions with our customers; which served as invaluable input that allowed us to maximize the overall experience for our users” states R. Courtney, SVP Operations. “The website redesign could not have gone better, the customers absolutely love the new easy application, and are thrilled about being about to submit their loan application safely and securely to one of the largest short term payday loan lending networks in the world.”
Payday loans are growing in popularity as individuals and families feel the squeeze of the tight economy. Lately the concept of a cash advance has gone a step further to catch up to the technological demands of the borrower by offering the service online and at minimal difficulty. The process is relatively simple and involves the gathering of essential documentation that the loan company requires. Generally all that is expected of the borrower is proof of employment, an active checking account in good standing, and be at least 18 years of age. The loan is automatically deposited into the borrower’s checking account within one day in most cases, sometimes sooner depending on the matched payday loan provider.
What is an online payday loan?
The online payday loan process consists of an individual applying to an online loan agency for an advance on their next paycheck. The company providing the loan will verify banking and employment information and make an offer according to income brackets. There are interest rates in effect if the borrower agrees to accept the loan, each company is unique and will present their rates in the terms and conditions of the agreement for the borrower to view before signing. Assuming the borrower accepts the terms of the loan, the funds are wired electronically to the bank account on file within a day. The repayment plan, as determined in the terms and conditions, will dictate the speed and rate at which the money must be returned with interest. The principles of an online payday loan are the same as those of any loan with the added bonus of not having to go to a physical brick & mortar payday loan store.
Simple and Easy to Use
The ease of use associated with online payday loans is one of many characteristics that make it such a popular short-term loan solution. Not everyone is protected with a security egg in case of emergencies, and sometimes unfortunate events compile on each other to cause financial hardship despite responsible planning. An online payday loan has been providing efficient and secure alternatives to large stores with costly overhead and strict repayment plans. The application process asks the basic get-to-know-you questions in regards to residence and employment, banking status, and contact information. After these fields are completed, the system will provide a loan offer within 120 seconds. If eligible, the money is automatically transferred into the bank account that was confirmed with the matched payday lender. Many payday loan matched companies can provide the money in as fast as one hour, but others will make it available within a 24 hour period.
The Benefits of an Online Payday Loan
Online payday loan participants save time by completing the process from the comfort of their homes and reduce fuel and driving costs by eliminating the need to visit an expensive retail store. Customers save money by applying online because they avoid the higher overhead needs of the large stores.
As prices for everyday items and gas rise on a daily basis, payday loans are becoming necessary and indispensable tools for families and individuals that are caught in a desperate situation. The simple-to-use online process is quickly becoming the go-to method for securing short-term loans, up to $1,500, in as short as an hour. The convenient repayment options, more generous loan amounts, and high approval rates of online payday loan service providers makes them useful to people of all income brackets and walks of life. With a job and a bank account, many individuals can receive immediate approval for a payday loan without ever leaving the house.
Bridge Payday Loan accepts applications 24 hours a day; and offers payday loans throughout the United States, Canada, & the United Kingdom, via their expansive payday loan network.