Atlanta,GA (PRWEB) July 23, 2012
The global economic downturn has made it harder than ever for consumers to find loans that meet their needs. Whether it’s for a household appliance that’s fallen into disrepair, a broken down car or simply grocery bills that stretch the family budget to its limit, sometimes a little extra cash is needed to make the month.
Until recently, these loans were easy to come by. Banks, credit unions and other financial institutions were keen to lend money to most applicants. That’s changed and new applications are scrutinized closely. Most are turned down. Now, there’s a new array of online tools designed to help people find the extra cash they need until the next paycheck comes in.
Personal unsecured loans for bad credit are available today and many people are taking advantage of their ease and convenience to obtain funds – directly into their bank accounts. Borrowers must be over the age of 18, employed and have a bank account where their paycheck is regularly deposited.
A spokesperson for the service said “Would-be borrowers simply need to visit our site and fill out a simple easy-to-understand online application form that will take no more than 5 minutes. They’ll need to have their bank details, their employment details and social security number to hand. Once they’ve completed the form, one of our large network of approved lenders will contact them – usually in a matter of minutes, and make sure that they are approved for an unsecured personal loan. There’s no credit check, no long interview and absolutely no irritating wait for approval as the loan is considered. Once the approval is given, the lender then makes arrangements for the funds to be deposited to the borrower’s bank account – sometimes as fast as one hour. It’s an easy-to-use system that makes life manageable for many people every day.”
Unsecured personal loans for bad credit are short term lending solutions and are paid back by the borrower on receipt of the next paycheck. They are available online and obviate the need for would be borrowers to visit banks and endure lengthy phone interviews with credit card companies, during which the borrower is required to reveal highly sensitive information. With this new tool to obtain an unsecured personal loan for bad credit, the borrower is empowered to take care of their financial obligations in a fast and convenient way.
The company spokesperson went to comment further “We are happy to provide a new kind of lending solution for today’s consumers. We’ve all been stuck financially at one time or another and having a reliable and trusted source of funds is one thing that can’t be replaced. It’s not a good feeling to be short of cash, especially when you are hardworking and employed. Our lenders offer a way for people to borrow against their own money, and pay us back when that money comes in. We’re delighted to be able to offer this service and have seen many people come back to us again and again when they need a cash injection.”
Applicants are encouraged to visit the website at Personalloansforbadcredit.net for further information, tips and frequently asked questions.