MILWAUKEE, March 13, 2013 /PRNewswire/ -- PaydayLoan-Lenders.com announces the availability of an original joint application form on its site. Rather than complete several application and inquiry forms with lenders, users of the site can submit one form only that does the job of many.
In addition, the service is effective at introducing borrowers to lenders whom they may not be able to find offline. As such, PaydayLoan-Lenders.com hopes that it will be successful in introducing future borrowers to competitive lenders and deals unavailable offline, saving them money through potentially lower interest rates as well as saving them time.
PaydayLoan-Lenders.com's independent payday loan matching service is characterized by its database of "network" lenders that have been researched and deemed reputable for inclusion within the site's matching system. While the network includes many household-name companies, it also features many online-only companies that have the benefit of offering more finance products and sometimes much better deals to consumers.
PaydayLoan-Lenders.com made the announcement about the joint application form in the following statement:
"PaydayLoan-Lenders.com is very pleased to announce the availability of a new joint application form to many lenders through our site. Through careful sorting and screening of consumer details provided through the singular online application form, scores of appropriately matched lenders are now in a position to review a consumer's inquiry form and potentially grant a loan amount immediately. Most importantly for consumers is that there is no obligation to accept any offer that may be made. The choice is up to the applicant."
A payday loan is typically a loan of up to $1,000 that is made available for a few weeks at a time, usually until the borrower's next pay day. The notion is that the borrower can repay the borrowed sum on the date of their next wage payment. Cash loans are a convenient emergency form of borrowing that helps millions of U.S. consumers make the month when their borrowing options are limited. This can be due to having bad credit, no credit or simply not wishing to undergo intrusive and longwinded bank applications for credit or overdrafts.
The monies are usually paid into a bank checking account and repaid via the same direct method. PaydayLoan-Lenders.com features a number of lenders that are able to pay out emergency short term loans in a fast time frame - sometimes as fast as one hour after approval. In most cases, it is the next working day although each lender has their own process.
PaydayLoan-Lenders.com is not a lender. It is an independent loan matcher and aggregator that helps introduce consumers to lenders and submits one application form to many for their consideration. It cannot guarantee the approval of any application made.
To learn more about payday loans or to complete a free application form online, go to:
This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.