(PRWEB) August 18, 2012
PaydayMoney.com announces the publication of a brand new informational article on its website. The article, which is entitled “The 5 Best Benefits of One Hour Payday Loans,” discusses the main advantages of quick cash loans. Site visitors who read the material can learn why they should consider getting one of these loans and what to expect when applying. The article discusses the eligibility requirements for a loan and provides details about the different phases of the loan process.
“PaydayMoney.com understands that people who need fast emergency money often feel like they really don’t have too many options,” says PaydayMoney.com spokesperson Andrea Gordon. “They shouldn’t feel hopeless, though. We want them to know that there’s an easy way to get the money they need, and that they don’t have to waste another minute trying to figure out how they’re going to pay their bills. A quick cash loan from one of our affiliated lenders allows a consumer to get emergency funds quickly, conveniently and without hassle.”
People who need fast money loans often find that traditional lenders cannot help them. Banks can take up to several weeks to make a decision on whether or not to approve a loan. They also typically deny loans to those who do not have a good enough credit score. In contrast, PaydayMoney.com approves qualified applicants almost instantly and does not look at consumers’ credit scores. Its application process is also much simpler than a bank’s and does not require as much documentation from a prospective borrower.
To qualify for a cash advance, consumers are required to meet just a few standard eligibility requirements. Among these are that they be U.S. citizens or legal residents, be at least 18 years of age, have a valid checking account in their name, and have a steady monthly income of at least $1,000 after taxes.
PaydayMoney.com does not serve as a lender. Instead, it connects potential borrowers to reliable, reputable lenders in their area. After a consumer completes a short application form on the site and is approved for help, PaydayMoney.com redirects them to a lender’s website. This helps speed up the loan process for individuals, since it means that they do not have to waste time and energy scouring the Internet in an attempt to find and compare loan offers on their own. All they have to do is look at the lender’s offer and decide if it is right for them. If they accept the offer, they will see the money in their checking account by the next business day at the latest.
Cash advance borrowers are generally required to repay their lender when they get their next paycheck. To make repayment more convenient, lenders usually offer an option that lets borrowers have the money they owe taken out of their bank account automatically on the due date.