This new page should provide our customers and visitors with a clear overview of some of the biggest lenders in the short term loan industry and what they have to offer.
London (PRWEB UK) 26 July 2011
For borrowers looking to get the very best deal on a short term loan, working out who to trust and which companies offer the best value can be hugely challenging. To help customers to get the best possible value, payday loan broker Payday Plus has introduced a new comparison service on their website.
This feature will allow visitors to quickly identify the rates and other related information for a number of the leading lenders in the UK. Therefore, as well as the basic APR, visitors can quickly identify the actual cost per £100 borrowed, the parameters of the loan and the associated terms. This should help to provide borrowers with a clearer indication of what each company offers, without having to do the time-consuming legwork themselves.
With the marketplace becoming overcrowded with both new and established companies now offering loans, knowing which one is best is particularly difficult. Therefore, whilst not covering all current lenders by any means, the Payday Plus comparison service offers a decent cross section of the kind of offers available.
Speaking on behalf of Payday Plus, Director, Simon, said “This new page should provide our customers and visitors with a clear overview of some of the biggest lenders in the short term loan industry and what they have to offer. With so many companies now offering loans, we know that it can be difficult for borrowers to find one that matches their needs. Hopefully this service should allow them to do this with greater ease”
“We have extensive experience in the payday loan market, so it’s important that we pass on the benefits of this to our customers wherever possible. By providing unbiased and entirely transparent information on lenders that we know and trust, it should help more people to find one that can meet their needs. It can be daunting and confusing, which is why we’ve collected as much relevant data as possible and presented it in the clearest possible way.”
The new page allowing visitors to compare payday lenders is now live on the Payday Plus website and includes companies such as TXT Loan, Safe Loans LTD and 247 Money Box.
About Payday Plus
Payday Plus is a leading online payday loan broker. Working with some of the foremost lenders, they are able to offer customers short-terms loan with an average representative APR of 1,737%. Borrowers can apply for up to £1,000, which will usually be delivered to their account within an hour. Payday Plus is dedicated to ethical lending practices.