MIAMI, February 27, 2013 /PRNewswire/ --
LoansForPoorCredit.net announces that people with bad credit can have access to a wider than ever selection of affordable lending through its catalogue of lenders. The United States-based site is a leading specialist in comparing bad credit loans and has upped the ante with its most recent version of its comparison software. It now delivers instant application review capabilities from the featured lenders and the possibility for express payouts, sometimes as fast as one hour after approval.
Based on complex algorithms, the LoansForPoorCredit.net method of matching consumers to lenders has a consistently high rate of approval. This is attributable to both the precise methodology utilized by the site and the quality of the lenders within its network, the majority of which are bad credit experts. Statistical probability renders excellent chances for success, although the site cannot guarantee than any application will result in a loan being awarded.
LoansForPoorCredit.net made the announcement in the following official statement released to the press:
"LoansForPoorCredit.net is proud to herald the dawn of a new era for loans for bad credit. For all too long, the individual with adverse credit has been made to feel unwanted by banks and other traditional lenders. Thankfully, those days are fading fast into distant memory. LoansForPoorCredit.net announces the availability of our larger-than-ever before catalogue of lenders. We hope that our part in restoring equality to the world of loans will help many consumers find great lenders willing to award quick loans at good rates despite their past credit difficulties. We invite consumers in eligible U.S states to use our free comparison platform without commitment to accept."
The statement continued to address the practical aspects of the service:
"By spending two minutes completing the easy online application, consumers can submit the form to be instantly considered by hundreds of lenders. The decisions are made known online immediately. We hope this is a source of relief to many consumers whose need for fast cash is urgent."
In order to support the demand for fast payouts, the site has implemented a "24 hours or less" policy to encourage lenders to increase the speed with which they release funds to borrowers' checking accounts.