LAFAYETTE, Louisiana, July 8, 2013 /PRNewswire/ --
LoansForPoorCredit.net, the leading U.S. consumer finance site, announces details of a new financing platform. The site has integrated a convenient method for American consumers to get connected to lenders offering cash loans.
The new platform is powered by an intelligent application form, programmed with an algorithm that scans the details input by an applicant. The consumer is then matched to a number of lenders that are deemed the most suitable according to their preferences, and the application form is considered by the lenders.
The entire process from start to finish has been built with speed in mind; the application form aspect of the platform can be completed within 2-3 minutes. Decisions follow on-screen from the selected lenders within another few moments, meaning that consumers can know where they stand regarding their unsecured loans applications in a much faster time period compared to the procedure employed by banks.
The new platform is free to use and has been created with the needs of the bad credit consumer at the forefront. Although the site works with a network of lenders from a diverse background, it has taken special interest in welcoming a number of lenders that specialize in offering bad credit loans. As such, consumers with bad credit will be particularly well catered for when using the application and comparison service.
Although LoansForPoorCredit is not a lender and cannot make credit decision, it hopes to offer a fast, efficient and user-friendly way for consumers to be considered fairly by lenders, without prohibitive red- tape and confusing procedures. Sam Malka, spokesperson for the website, made the announcement of the new financing platform's launch in the following statement that was released to the press.
"LoansForPoorCredit.net is delighted to announce the launch of a new fast loans financing platform available on our website. It is free to use and can connect American consumers with top online companies offering quick finance options. As we are not lenders, we are happy to offer a framework within which applicants can use a single form to be considered for many loans, which they can compare via our site without any obligation to accept. Fast payouts are possible for successful applicants who can enjoy their loans within 24 hours or less."
Apply at: http://www.LoansForPoorCredit.net