RANCHO CUCAMONGA, Calif., Jan. 17, 2012 /PRNewswire/ -- Months of development, research, and testing have been put into Loans Org, LLC's newest creation, http://loans.org - an information bank that strives to provide consumers with information on an otherwise ambiguous and confusing topic.
As the Consumer Financial Protection Bureau points out, "Fine print can make it impossible to make a direct comparison between two different loans because differences that could cost a lot of money are difficult to see and understand." Loans.org helps consumers sift through the details, allowing them to confidently gain information on various types of borrowing, and even compare loan quotes across multiple carriers for free.
Cesar Diaz, founder and developer said, "We're not only trying to make loans accessible to everybody, we're trying to create a more fiscally-informed society by providing both assistance in financial planning and general knowledge about lending and borrowing."
During a time when the public is wary of any financial entity, Diaz saw the need for a service to be created that is on the consumer's side. Five loan types—home mortgage, student, personal, payday and auto—are all covered in depth, as this information hub analyzes current events, produces informative articles, and answers the most important questions consumers have about each type.
Combining information with practical service, Loans.org is a trusted source that equips consumers with the means to determine the most affordable and beneficial method of borrowing for their own personal circumstances. The site's short online forms grant consumers the luxury of obtaining loan quotes from various sources in just minutes.
Loans.org is breaking into this industry as a borrower's guide, and will prove to be a firm resource standing against the disinformation propagated by other sources attempting to take advantage of the everyday consumer.