Eleven Eleven Media

Payday Loans in the United Kingdom Are Estimated to Total over £1.2 Billion Annually


London, UK -- (SBWIRE) -- 06/25/2012 -- According to recent studies, the payday loan industry is growing rapidly throughout the United Kingdom.

Between 2006 and 2009, the number of people who used the service quadrupled. Each payday loan averages around £300, and every year they total an amazing £1.2 Billion.

Clearly, there is a need for a cash advance service. Even though many people throughout the UK try hard to budget their money, emergencies can and do happen. From the car needing new tires and medical emergencies to higher than usual fees for heat and gas, it doesn’t take much to cause an already-stretched budget to break.

A company has been getting a lot of attention lately for its ability to help UK residents get the emergency cash they need in order to tide them over until their next payday.

iiLoans.com is a payday loan provider also that prides itself on its outstanding customer service. The friendly and knowledgeable staff understands how stressful it can be to be low on money, so they take extra care to treat each client exceptionally well and provide top-notch service. For cash-strapped people looking for payday loans UK based iiLoans.com is there to help.

“Many payday loan lenders are now offering instant or fast payday loans as standard to anyone who applies and qualifies,” an article on the company’s website, http://www.iiloans.com/payday-loans/fast-instant-payday-loans, explained, adding that a payday loan is the quickest way to acquire any kind of loan anywhere in the finance market, not just the payday loans sector.

“Therefore if you are seeking a fast loan of anything from £100-£3000 then you have come to the right page.”

Using the iiLoans.com website is easy; interested applicants are welcome to take their time reading through the many educational articles that explain everything there is to know about payday loans.

For example, one section of the website, http://www.iiloans.com/cash-advance, notes that even people with poor credit typically qualify for this type of loan. And the section on same day loans, http://www.iiloans.com/payday-loans/same-day-loans, offers instructions on what criteria applicants must meet in order to apply. This includes being a UK citizen who is at least 18 years old, a personal bank account and a permanent job with a regular income.

People who are interested in getting a payday loan may fill out a simple and quick application right at the top of the website. Within a short period of time, most applicants receive their much-needed funds.

About iiLoans.com
iiLoans.com is a payday loans website that is dedicated to placing as many clients as possible with the payday loans that they are looking for to suit their personal circumstances. Visit them online now to apply for a payday loan today. For more information, please visit http://www.iiloans.com