(PRWEB) June 19, 2012
Australian innovative online lender, Cash Doctors, is excited to announce a new and sophisticated online tool to better assist their tech-savvy clientele in choosing the right cash advance for their specific needs. The new interactive calculator allows consumers to experiment with varying advance amounts, giving them an instant breakdown of the costs – a better way for users to research different advance amounts to suit their needs and their lifestyle.
Launched today, the calculator can be accessed via the “Costs” tab on the Cash Doctors home page. Cash Doctors understands how important it is to provide an easily accessible online location where everything is laid out in plain English.
The new calculator uses two horizontal bars with movable sliders, allowing users to experiment with the amount they may wish to borrow and for how long. The features are then presented in a table with fees clearly set out below*.
Cash Doctors co-founder, Greg Ellis, said that clear communication and putting the customer first is the key to responsible lending.
“We believe in clear communication and easy-to-find, web based information. This helps our customers to gain a good understanding of our prices – so they can explore solutions that best fit their individual situation. We maintain our position as responsible lenders by investing in tools like these that provide clarity throughout the advance process,” said Ellis.
Co-founder, Sean Teahan, said he is constantly looking for ways to make the repayment process easier for customers and helping them to make informed decisions.
“We’re confident that the new features of the calculator will help customers meet their repayment goals by creating greater awareness around our prices.” said Teahan.
“Its interactive nature makes it fun to use, which will encourage applicants to spend more time experimenting with advance amounts and prices - and really getting to know the product.”
The new calculator exemplifies Cash Doctors’ approach to the new Australian market and builds on its existing sophisticated credit risk methods of thoroughly assessing applicants’ advance selections and capacity to repay.
Cash Doctors was established in 2005, and continues to grow as one of Australia’s leading online credit providers. For more information, visit http://www.cashdoctors.com.au.