Prospective Borrowers Can Now Learn the Facts About Cash Advances Before Applying
Los Angeles, CA -- (SBWIRE) -- 09/05/2012 -- With cash advances becoming increasingly popular, Emergency Payday Loan has decided to help the many prospective loan borrowers that regularly visit its website by introducing a new, informative educational article onto the site. Through this article, which is entitled “About Us,” the company intends to provide consumers with comprehensive information on cash advances and the cash advance industry. The piece also compares Emergency Payday Loan to other companies in the industry. The firm believes that if potential borrowers have the real, true facts on what cash advances can offer them, it will be easier for them to decide to take out one of these quick loans.
“Our company's goal is to provide potential borrowers with as much information as possible on the benefits offered by cash advances,” says Emergency Payday Loan spokesperson Michelle Gonzalez. “These loans help millions of Americans every year, but unfortunately there is quite a bit of misinformation out there about them. By educating consumers thoroughly about what we can do for them, we believe that we can help them make the right decision for their particular financial situation.”
Generally, consumers who visit Emergency Payday Loan’s website are looking for some cash in a hurry, as the company specializes in providing near-instant monetary assistance to people in need. And although the reasons why these people seek quick cash are varied, most often they require the money as an emergency loan to deal with expenses such as unexpected car repairs and medical treatment.
The company is not a lender; rather, it functions as a sort of deal-seeker, attempting to connect potential borrowers with lenders who can give them the best possible loan offers. Once a consumer fills out an application on Emergency Payday Loan’s site and gets preapproved, the company acquires quotes from multiple lenders, all of whom are fully aware that they are in direct competition with the other lenders in the company’s network. This way, the prospective borrower is conveniently provided with a number of different offers at once and can choose the option that works best for them.
While many individuals in financial need choose to borrow money from family or friends, this is not always a viable option for people. With Emergency Payday Loan, however, the entire loan process has been designed so that virtually anyone who wants to borrow money can do so with ease. Consumers who want to avail themselves of a quick cash advance only need to meet a few simple requirements to qualify for assistance, including being at least 18 years old, being a U.S. citizen or legal resident, and having a steady monthly income of at least $1,000 after taxes.
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