San Fransisco, CA -- (SBWIRE) -- 08/28/2012 -- Loan sharks are dangerous. Just like real sharks prowl the oceans looking for victims, loan sharks prowl looking for borrowers who need cash as quickly as possible. Loan sharks use the internet, door to door lending and a number of other techniques to lure in new victims.
PaydayLoanSharks.net has been getting a lot of attention lately for helping consumers avoid illegal loan practices. The website discusses the different types of loan sharks and the quality editorial content focuses on educating consumers on how to identify a loan shark and how to act if they inadvertently lend from one.
A spokesperson for PaydayLoanSharks.net described what the website hopes to accomplish:
“The goal of PaydayLoanSharks.net is to educate users on an online trend that is growing at a frighteningly fast pace: predatory lending. We show users exactly how to spot online loan sharks, making it easy for anybody to find fair and affordable payday loans online. There are many scare stories in the press but very few actionable guides and that is what we provide.”
One highlight of the PaydayLoanSharks.net website is its information about choosing the best direct payday lenders. This article discusses exactly what users should watch out for when choosing a payday lender. Advice includes checking with the Better Business Bureau and researching payday loan reviews online.
PaydayLoanSharks.net is has a plethora of editorial content regarding online payday loans including how to select the best loan, where to find them and best practices. The information is catered to those who live in the United States, the United Kingdom, and Canada.
The PaydayLoanSharks.net website makes the point that not all loan sharks are bad. In fact, many people label all payday lenders as loan sharks because they charge higher interest rates than most other types of lenders. While this is true it does not mean all payday loan lenders are payday loan sharks. The site believes no matter who the lender is borrowers have to be extra careful when researching which lender to work with. This goes for little known lenders and large institutions.
Once visitors are ready to explore their payday loan options even further, PaydayLoanSharks.net provides direct links to trusted payday lenders in the US, the UK, and Canada. After filling out a form with their information, visitors can click the ‘Get Cash’ button to automatically connect with lenders in their area.
Whether applying for a payday loan or interested in learning about the financing options available to those with bad credit, PaydayLoanSharks.net seeks to educate its visitors on choosing the best payday loan lenders online.
PaydayLoanSharks.net offers information about choosing the best payday loan sites on the internet. Loan sharks are a persistent problem for the financing industry, and the website seeks to educate visitors on avoiding predatory lenders. For more information, please visit http://www.paydayloansharks.net