Johnstown, NY (PRWEB) June 15, 2012
PayAdvances.info has introduced onto its site a new informational article for prospective loan borrowers about the many benefits of payday loans. The company has determined that the best way to make sure consumers are informed about payday loans is to put free educational materials on its site. The content answers many commonly asked questions about cash advances and is designed to help lead people to look into the loans as a viable option whenever they need quick emergency financial assistance.
The new article is called “Get an Online Payday Advance,” and it describes all the advantages for people in using cash advances. One example of a benefit is that the cash can quickly show up in the borrower’s bank account in as little as a few minutes after a customer accepts a loan, and in all cases it will show up within one business day. Traditional bank loans tend to take weeks or possibly months, and even borrowing money from a friend may take days. In addition, the amount that is available through some of the best payday loans is ideal for most emergencies when quick cash is needed, as loans are given out in amounts between $100 and $1,500 and generally sufficient to cover most situations but not so exorbitant that customers can potentially get in over their heads.
Reading the newly posted piece, consumers can also learn that PayAdvances.info allows them to compare the fees of several lenders before accepting a loan. This means that the loan with the most optimal terms can always be chosen. And the loan is not taken out until the borrower signs an agreement, so there are no surprises. The same goes when it comes time to pay back the loan, since many lenders automatically take the money out of the borrower’s bank account on payday so they do not forget about repayment and end up incurring possible unexpected fees later on. If the borrower is having trouble paying back the loan, it is often possible to work out a payment arrangement with the lender, which is advantageous for borrowers with some short-term money problems.
For more information or to get tips of payday advance, visit http://www.payadvances.info.