PR Log - Nov 12, 2012 - PaydayLoan-Lenders.com has a new search-and-apply tool that has gone live on the website. The site aggregates a number of reputable, licensed payday loans providers into an independently hosted platform and simultaneously applies to the best suited lenders at the click of a mouse.
Due to the swiftness of the online application process and the possibility for almost instant payment, the service is unique in that none of the payday loan lenders connected to the service employ credit scoring methodology. Consequently, each application is assessed only on the basis of its contents alone. This makes for a fair process, as many consumers looking for fast online short term money may have low credit scores, no credit scores or simply wish to keep their credit files out of the equation.
“PaydayLoan-Lenders.com is a unique site that hosts a network of highly respected cash advance lenders. We are happy to announce that our new search-and-apply tool means that consumers can literally search for and apply to lenders in the same motion, through the same short online application form.”
The spokesperson continued, “Customers will be able to receive real-time responses as to the success of their applications and make informed decisions about which short term loans they wish to take. There is no commitment to take any of the loans a consumer might be offered and there is also no limit to how many free searches a consumer may make. Additionally, all of the companies featured are bad credit lenders, so all are welcome to apply irrespective of defaults, bankruptcy or low credit scores.”
Payday loans are paid directly into bank accounts and repaid the same way on the customer’s next payday, as per the terms and conditions of each individual loan.