Float Money Launches Interest-Free Loan Service in North Carolina

Innovative Shopping Club Rewards With Safer Borrowing Option for Consumers

  • Share on TwitterShare on FacebookShare on Google+Share on LinkedInEmail a friend
Float is a natural and easy way to build “rainy day” credit, protect your credit score and avoid high interest credit cards

Lexington, Kentucky (PRWEB) November 19, 2012

Float Money LLC today announced that its innovative shopping club offering interest-free loans is now available to residents of North Carolina.

Float is an innovative shopping network focused on improving members’ financial health. In place of offering cash incentives for spending, Float rewards members with an interest-free line of credit that can be used for any purpose. Float’s new platform offers a safer borrowing alternative to high rate credit cards and payday lenders. Its network of over 1,000 online and local merchants include top national brands, boutiques, groceries, restaurants and gas stations.    

“We are excited to add North Carolina to the list of states where Float members can borrow more safely based on their everyday purchases,” said Shane Hadden, CEO of Float. “Float’s network of over 1000 merchants continues to expand, and North Carolinians can earn interest and fee-free credit by shopping at their favorite stores in person and online.” Float’s network includes national brands such as Amazon, Sears and The Gap as well as North Carolina-based merchants including Lowe’s and Belk’s.

Hadden also noted that, “Americans are beginning to realize that there’s no reason to pay an average of 15% on credit cards and risk additional penalties and fees when unexpected costs arise. They’re cutting back on credit card use as they seek safer and less expensive ways to borrow. Float is a natural and easy way to build “rainy day” credit, protect your credit score and avoid high interest credit cards.” The Federal Reserve recently announced that credit card debt was down over 17% since the financial crisis began in 2008.

About Float:

Founded in 2011, Float is an innovative shopping network focused on improving members’ financial health. In place of offering cash incentives for spending, Float rewards members with an interest-free line of credit that can be used for any purpose. Float’s new platform offers a safer borrowing alternative to high rate credit cards. Its network of over 1,000 online and local merchants include top national brands, boutiques, groceries, restaurants and gas stations.    Float is based in Lexington, Kentucky and currently serves members in Kentucky, Ohio, North Carolina and Massachusetts. Float will be growing to other states soon. For more information, visit http://www.floatmoney.com

#######


Contact

  • Gregory Pettit
    gpettit@floatmoney.com
    9174506267
    Email