(PRWEB) July 27, 2012
Individuals who visit 24HourPaydayLoan.com will now have access to a free “Why Choose Us” article that explains the loan borrowing process. This article informs readers on how payday loans work, so that there is no confusion when taking out one. The company has introduced the new resource knowing that with so many loan options available to consumers in need, it helps people greatly to have this information readily available online. The article also explains why 24HourPaydayLoan.com is different from the competition, due in large part to the ease with which customers can borrow the cash they need through the company’s website.
“We have structured our site so that people who visit it can easily and quickly find all of the information they need,” says 24HourPaydayLoan spokesperson Robert Ellis. “Customers should not have to search aimlessly to figure out how our service works or how we are different from the other payday loan sites in this industry, so we give them all the necessary information upfront.”
Consumers looking for a quick way to come up with enough money to get them through until their next paycheck can get a 24 hour payday loan from the company with minimum hassle. While these individuals could possibly borrow money from family or friends to help them with their situation, this is often an unattractive option. Banks and credit unions also are usually not the answer for many people, since these institutions not only take a much longer time to come through with financial assistance than 24HourPaydayLoan.com does, but also demand that potential borrowers meet much more stringent eligibility requirements.
24HourPaydayLoan.com is not a direct lender, but rather a broker that supplies individuals with the best possible loan offers from a number of different lenders. These lenders are prescreened to ensure that they are trustworthy and able to offer customers exactly what they need. To qualify for a payday loan, an individual must be a U.S. citizen or permanent resident, at least 18 years old and have a monthly income of at least $1,000 after taxes. Credit history is not taken into account, although lenders might look at a borrower’s credit score to ensure that they do not have any outstanding loans.
The new informational article is one of many that have been posted by 24HourPaydayLoan.com in effort to educate the site’s numerous visitors on how payday loans work. The articles cover a variety of different subjects pertaining to these loans so as to make sure that people have a comprehensive understanding of them before they apply for one. By doing everything possible to help those who are considering payday loans make informed decisions, 24HourPaydayLoan.com is endeavoring to ensure that these individuals ultimately are successful borrowers and get the best possible loans for their particular financial situations.