Applicants interested in payday loans need to spend just a few minutes online completing the company’s application.
(PRWEB) July 23, 2012
According to CBSNews online, nearly $11 billion was lent via payday loans during the 2010-2011 fiscal year alone. Why is the demand for payday loans sharply rising?
Millions of Americans have been forced to live paycheck to paycheck in recent years as the economy has grown sluggish, job opportunities have become scarce and real estate values have plummeted. For some, this reality has created significant financial challenges, particularly when the need for short term capital arises and the response from traditional lenders as a potential solution has been a resounding NO. As a viable alternative to these consumers seeking short term capital, the concept of payday loans has become widely popular.
Applicants interested in payday loans need to spend just a few minutes online completing the application. In addition to entering basic information, verification documentation will be requested (i.e. proof of U.S. Citizenship, proof of age, proof of employment income, proof of employment, verifiable contact information and an active checking account number). Within 24 hours of submitting a completed application, loan offers will be presented to the borrower for consideration.
Paydayloansonline.net’s services work to play matchmaker, pairing borrowers with lenders. And, once the loan has been approved and accepted, funds will transfer into the borrower’s account within a few short hours.
During these challenging economic times, paydayloansonline.net is providing the capital individuals and families need quickly and with no hassle.
“Regardless of the situation or circumstance, some Americans simply need access to short term cash to bridge the gap between paychecks. We strive to match reputable lenders willing to offer funds with borrowers in need of capital,” said one of paydayloansonline.net’s service representatives.
To apply for payday loans online, visit http://www.paydayloansonline.net.