PR Newswire: news distribution, targeting and monitoring
2013

Loans For People With Bad Credit: Loans-Payday.com Establishes New Division For The Credit-Challenged

Loans-Payday.com in an unprecedented move, the company announced a new division that will focus exclusively on loans for people with bad credit

Share with Twitter Share with LinkedIn

RALEIGH, N.C., March 14, 2013 /PRNewswire-iReach/ -- A new and highly energetic division, a brainchild of Loans-Payday.com, was launched this morning. The primary focus of this division would be loans for people with bad credit check. From options offering no credit checks to special bad credit loans, the division powers the requirements of those individuals who wouldn't qualify for a traditional loan.

(Photo: http://photos.prnewswire.com/prnh/20130314/CG77085)

When asked for the need to establish an exclusive division, Maurice Chandler , CEO of Loans-Payday.com made the following remarks to the press:

"Individuals with bad credit are often passed on as being "too risky" without accounting for the fact that over time financial habits and behaviors changes and individuals do improve their overall financial position. Our site offers a second chance to such individuals. Many of these hard-working men and women witnessed their credit scores nosedive as a result of medical illnesses and job losses.

It would be unfair to walk away from them. In order to offer loans for people with bad credit, we have created a robust network of hundreds of lenders who specialize in working with the credit-challenged. The newly-established division will cater to the needs of both individuals and lenders in an attempt to facilitate the overall process. Our trained staff will address questions, orchestrate the matching process, develop tools and technologies, and foster our overall goal of giving opportunities to this niche."

Loans-Payday.com has been working on bad credit loans since its inception, nearly nine years back. During the course of the past nine years, the company has helped thousands of individuals obtain loans and have created opportunities that never existed prior to their initiative.

The new division will make abundant use of technology and as a stepping-stone toward the process of facilitating loans for people with bad credit, a well-developed technology platform was integrated with its internal systems. A dedicated team of programmers, analysts, and loan experts were constantly working on business requirements and the overall development process. The system uses an extremely advanced programming masterpiece to match loans, perform the leg work, and match individual applications with lenders specializing in working with the niche.

"Thus far the response has been nothing but encouraging. We have witnessed very high success rates and a steady increase in referrals. The word-of-mouth referrals are a sure sign that our system works. Our customers have been overly enthusiastic and so is our team," adds Chandler, who is considered an industry veteran and a netpreneur par excellence.

Loans-Payday.com was developed with the single goal of making bad credit loans available to those individuals whose credit had been tarnished due to unavoidable circumstances. On the site, customers complete a simple application and receive quotes and terms from lenders who work exclusively with the niche of bad credit customers.


If you would like more information about this topic, or to schedule an interview with Maurice Chandler , please visit us at http://www.loans-payday.com/ 

Media Contact: Maurice Chandler I.D .S International inc, +1-646-257-4131, info@loans-payday.com 

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Loans-Payday.com



RELATED LINKS
http://www.loans-payday.com

Featured Video

Journalists and Bloggers

Visit PR Newswire for Journalists for releases, photos, ProfNet experts, and customized feeds just for Media.

View and download archived video content distributed by MultiVu on The Digital Center.

Share with Twitter Share with LinkedIn
 

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

 
 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

 
 

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.

 
Area to test
Advanced Search
Search
  
  1. Products & Services
  2. Knowledge Center
  3. Browse News Releases
  4. Contact PR Newswire