BSM interviews 247 Lending Group, Inc. to learn how they help individuals of all good and bad credit types get approved for unsecured loans.
WAKE FOREST, N.C., Sept. 27, 2012 /PRNewswire/ -- 247 Lending Group, Inc. helps individuals of all good and bad credit types (including no credit) achieve their financial goals by connecting them with non-traditional lenders that specialize in affordable unsecured loans for people with good credit, poor credit and a lack of.
BSM recently sat down with CEO, former loan officer and financial expert Mark Richardson to find out more about the services of 247 Lending Group and how they have become a major force in online lending.
"Nowadays, more people are facing financial duress than ever before. The economy is horrible; millions are out of work and/or struggling tremendously to pay their bills and put food on the table. In addition, credit card debt levels are through the roof. Consumers are finding themselves with their backs against the wall. And making it worse, traditional banks and lenders are only granting loans to those with pristine credit. As a result, when there is a need for extra cash for resolving any type of short or long-term situation, those with imperfect credit or a lack of, are having difficulties achieving the financing they need," says Richardson.
He continues, "I've been involved within the online lending industry for over 15 years and have developed relationships with non-traditional lenders that not only specialize in getting individuals with good credit lower rates than banks and credit unions can offer, but are also able to help people with bad credit and no credit achieve approval for unsecured loans. So, I decided to make it easier for the consumer and assemble a network of these lenders all at one site. Now, not only people with good credit can have lenders bidding for their business."
Here's how it works. Fill out the short, secure application for a personal loan. Borrowing amounts range from $100 - $35,000 with terms of 1 – 6 years. You can use your loan for whatever your needs are. As soon as you hit submit, your information is electronically transferred to the participating lenders in your area. They will review your information and determine whether or not they feel they can approve you for your loan without even running a hard credit check. If approval is possible, they will be in contact with you within minutes to a few hours to gather some additional information necessary for loan finalization.
The service is hassle-free and fast; getting consumers the cash they need sometimes in less than 24 hours. And in addition to being a reliable source for unsecured loans, participating lenders will report your account activity to all three of the major credit reporting bureaus every month. This will help you improve or create a positive credit rating in no time.
24x7 Lending Group, Inc.
14460 New Falls of Neuse Road, Suite 314
Raleigh, North Carolina 27614