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Personal Loans with Low Credit Score: New Site Launched

NationalLoans.com embarked on a new initiative through the launch of a site that specializes in providing personal loans with low credit score.

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LAS VEGAS, June 19, 2013 /PRNewswire-iReach/ -- Credit woes are not uncommon. Unfortunately, a low credit score often translates into serious long-term implications ranging from constant credit line denials to issues while purchasing a new home, car, or even a personal loan. Until recently, the plight of millions of Americans in the low credit score range was virtually ignored. Fortunately, an enterprising company launched a new site this week. The venture focuses exclusively on helping individuals obtain personal loans despite low credit scores.

The launch comes as a welcome surprise for the "credit-challenged" and could pave a new way of entrepreneurial ventures that would focus on assisting this unique niche. Not all individuals with a low credit score are to blame though. David, a twenty-seven year old consultant, shares his story:

"I was laid off last year. During the past few months, events have spiraled beyond my control. From a serious medical emergency to expensive dental treatments, expenses just found their way into my bank account. I was faced with a serious choice. Health or credit. I chose the former and decided to take care of my health first. Now, I am re-employed and have managed to regain a foothold on my financial situation. Despite my 'comeback', I am still dealing with credit problems that occurred during my unemployment."

Internal analysts at NationalLoans.com predict that nearly a third of the US population is facing some form of credit issue. That is tens of millions of Americans who have seen their credit scores tank within a very short period of time.

"We can't ignore this niche. Despite having a low credit score, these individuals are hard-working, honest Americans who deserve a real second chance. Our site is an attempt to help them not just with their financial issues, but also with their effort to rebuild credit. We have teamed with a special group of hundreds of lenders that focus on providing personal loans with low credit score," explains James Shank, CEO and founder of NationalLoans.com, a site that was launched this week.

NationalLoans.com is a unique site that focuses on a very narrow niche: individuals with a low credit score. In order to apply for a personal loan, the potential borrower would need to complete a quick personal loan application and initiate the process. Within a short period of time, the site's cutting-edge technology infrastructure would match borrowers with lenders who specialize in catering to this niche.

The process is seamless and is often executed within seconds. Customers receive a loan decision online and the funds are electronically deposited into their bank account within as little as one business day.

For more information and to request a quote, visit NationalLoans.com.

Media Contact: James Shank First National Loans inc, (512)571-3828, info@nationalloans.com

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

SOURCE First National Loans inc



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