SALT LAKE CITY, January 14, 2013 /PRNewswire/ --
PaydayLoan-Lenders.com, the leading free comparison source for consumers seeking short term injections of quick cash, announces its new loan checker database for the New Year. The site has redoubled its capacity and increased the number of payday loan companies within its network in order to accommodate the anticipated demand for its comparison services.
Traditionally, January is a tough month for many American consumers, with the bills from the previous month's festivities quickly piling up. For a number of individuals, their December or January wage slip needs a little extra boost to help meet their household expenses. Payday loans can be a necessary and convenient way of getting the most dollars out of the salary check.
PaydayLoan-Lenders.com is an independent matching service that is powered by a live application form. Taking less than 3 minutes to complete, the form is confidential, safe and secure and immediately scans a database of hundreds of potential lenders.
PaydayLoan-Lenders.com explained how the service operates.
"It is possible to apply for up to $1,000 until next pay day. For successful applicants, funds are available the next day. The service hosts a wide variety of payday loan lenders, many of whom specialize in creating finance options for individuals with bad, low or no credit. All consumers are invited to use the checker for free to compare no obligation cash advance online possibilities."
If a consumer is successful in receiving an "approval" from one of the lenders, they have the chance to review all of the terms and conditions of the loan, its interest rates and repayment terms in full before making a decision. There is no commitment to accepting any of the loans that may be offered by a lender and it is free to make an unlimited number of speculative applications.
In the instances where consumers find a loan and lender which they wish to take, "acceptance" can be completed online. Bank details can be securely transmitted in order to facilitate fast and direct payment of the loan to the borrower. In some cases, some lenders may be able to pay out within 1 hour. Repayments are made via direct debit on the next payday.