Payday loans have had a bad rep in the past, but consumers are realizing now that they have their place. We offer instant cash to people who need it and credit history isn't an issue. That's really saying something during the current climate we're in.
Phoenix, AZ (Vocus) September 12, 2009
The current economic downturn has been marked by a drastic cutback in available credit. Instant Loan sees more and more consumers accessing the instant cash available through payday loans as traditional credit becomes more and more limited because of rising interest rates, reduced credit limits, and unprecedented account closures. Many consumers are turning to credit in order to "make it through" the downturn in the hopes that they'll be able to catch up once business starts to pick up again.
"I've been a solid credit card customer for over a decade... I use my card on a regular basis and then pay it off every month. But things are tighter than they've been in a while for us right now, and I've got several houses on the market, so I left a balance on the card for two months running. Next thing I know, I get a notification in the mail that my credit limit has been lowered to within $300 of the amount of my balance. That's a big thanks for all the years I've spent using the card responsibly," said James L. of Santa Fe, NM. James had never before used a payday loan, but the removal of the available credit on his card made getting instant cash necessary.
Consumers looking for cash through payday loans appreciate the online application process and access to the services that allow them to get what they're looking for quickly, in the comfort of their own home. Better still, the funds can be automatically transferred to their bank account so the entire process is handled without having to visit an outside vendor's office.
Tyson Bailey of Instant Loan (http://www.instantloan.net) suggested, "Payday loans have had a bad rep in the past, but consumers are realizing now that they have their place. We offer instant cash to people who need it and credit history isn't an issue. That's really saying something during the current climate we're in."
For more information on Instant Loan and the availability of payday loan applications online get in touch with Tyson Bailey at contact at instantloan.net. Or you can access further information by visiting the company's website at: http://www.InstantLoan.net.
Contact: Tyson Bailey
Company: Instant Loan
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