Dalton, MA -- (SBWIRE) -- 04/11/2014 -- Consumers can now expect to spend less on short term financing following the decision by loan providers to start issuing such at lower interest rates. Guaranteedcreditloans.com started the campaigns to put this offer on the table after noticing that there are people who were still dealing with high interest rates when seeking financing for their small financial needs. This is a mission that can now be termed as fully successful.
These new developments will stand to benefit a very huge percentage of borrowers since the lenders will be considering applications without collateral. The company’s spokesperson also made it clear that the small personal loans for people with bad credit can be used to tackle any difficulty whether paying for car repairs, clearing some unpaid home bills or carrying out some minor home improvements among others.
The other major factor that will be making the package easily available is the move to extend it as a poor credit offer. This means that one will be eligible for the cheaper solutions even with a history of late payments, defaulting, missing payments, foreclosures and CCJs among other things. The lenders will be deciding whether to approve or reject an application depending on the income details that one will be providing.
People who may be interested in this offer were assured of high transparency by the CEO of guaranteedcreditloans.com who said that, “Since we started operating in the lending market, we always leave it upon our customers to choose the quotes to go with. They will be enjoying a very transparent process when applying for these small personal loans for people with bad credit since they will be comparing all the features.”
He further confirmed that, “We have done all we can to find lenders with the best rates and repayment terms that will be working well for most consumers. There are times when some people may be requiring loan calculators to assist them in carrying our quotes comparison and we will be allowing them to use these tools for free. They can even talk to our loan officers in case of any enquiries.”
This company has been in the lending sector for over three years now and there are thousands of people who have accessed financing through it. There are various loan categories on offer today and borrowers are allowed to choose among them depending on the financial difficulties that they are facing. To apply for small personal loans for people with bad credit or learn about other programs, visit http://www.guaranteedcreditloans.com