London, England -- (SBWIRE) -- 07/13/2012 -- UK payday lending website, payday-loansuk.org.uk, has announced that it will be adding a number of new lenders to its panel next month.
Payday-Loans UK, which matches borrowers to loans through their online portal, will be adding 5 new lenders to their database of trusted professionals in August.
Payday-Loans UK says that the addition of new lenders was a necessary step as demand for its services has more than doubled in the past year.
“We have seen demand for our payday loans rise significantly in the past year as more and more people look to pay day loans as a way to plug the cash gap between the last part of the month and payday,” says Payday-Loans UK spokesperson James Lewis.
He adds, “as a result, we began looking for new lenders six months ago and have found five top calibre professionals that we very much look forward to working with in the future.”
Payday-Loans UK says that all of its lenders are financial professionals with at least ten years of lending experience each. Their vetting procedure includes thorough background checks as well as trial periods in which the payday loans UK borrower is protected.
Lewis comments, “Not only have our new lenders passed our checks with flying colours, but the feedback we have received from borrowers that have used them has been excellent.”
By using a number of different lenders Payday-Loans UK is able to provide a faster than average service to its customers who receive decisions about their loans almost instantly. Payday-Loans UK claims that most applicants receive their loans within 15minutes of applying.
“Payday-Loans UK’s fast, efficient service is thanks not only to our top of the range software and well-regulated network of trusted lenders, but also to our dedicated customer services team who are available 24 hours a day,” says Lewis.
Payday-Loans UK claims to be completely transparent about all fees and charges and states that responsible lending of payday loans is at the core of its business.
Lewis adds, “Despite the smear campaign currently underway in the national media, Payday-Loans UK Payday, along with the large majority of payday lenders on the market, takes responsible lending very seriously.”
“We only lend to employed people and take measures to ensure that people do not take a loan that they cannot afford to pay back. We provide our borrowers with all the information about their loans before they agree to it and we are more than happy to answer any and every question an applicant may have.”
About Payday-Loans UK
Payday-Loans UK Payday was established with the intention of delivering a fast and simple solution for peoples’ everyday financial needs.
The team which comprises Payday-Loans UK Payday constitutes individuals who have worked in finance for their entire professional careers. These individuals have a combined experience of more than 50 years in the sector.
The service Payday-Loans UK provides gives their customers the opportunity of applying online and having their loan approved within a matter of minutes. Payday-Loans UK’s website is operated using one of the most advanced loan sourcing and application systems available in the UK.
For more information visit www.payday-loansuk.org.uk
Payday-Loans UK Payday
90 De Beauvoir Road
Tel: 0871 919 0140
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