HOUSTON, Texas, January 2, 2013 /PRNewswire/ --
PersonalLoansForBadCredit.org is an independent loan matching specialist organization with a timesaving new approach to researching and comparing deals from personal lenders. The novel method aggregates information on personal loans from a consortium of top lenders by scanning its database for matches according to applicants' details. The service is underpinned by an intelligent application form that is quick to complete and powerful in its matching capacity.
The site announces a new service that allows applicants to use a live application form to apply to a number of lenders in one fell swoop, and receive instant decisions as to whether an application for a loan has been approved by a lender connected to the PersonalLoansForBadCredit.org platform.
The application form is powered by a specially calibrated algorithm that assesses applicants' personal details securely in order to cross-reference with the PersonalLoansForBadCredit.org database of lenders. Depending on the amount sought and other incidentals, the system can return a comprehensive shortlist of loan companies carrying suitable products.
In the instances where an application returns multiple potential approvals, the onus is on the applicant to carefully review their possibilities and decide if there is an unsecured personal loan that they wish to accept. Once a loan has been approved and accepted, funds are usually available the next day. Some lenders have the infrastructure in place to release loan monies as quickly as one hour following acceptance, although this is not possible in all cases.
PersonalLoansForBadCredit.org made the announcement.
"Searching without assistance or guidance for a personal loan online can be a confusing mission of potential pitfalls. How can consumers be sure about the legitimacy of certain unsecured loans companies? And how can borrowers be certain of market rates for interest and competitiveness of the products available? PersonalLoansForBadCredit.org has created a new service to remove the uncertainly from these questions and help consumers search for loans quickly and with confidence. We invite consumers to complete our free bad credit loan application form in less than 2 minutes to see what some of the nation's top online lenders can do for them."
To learn more or apply to the comparison service, visit: PersonalLoansForBadCredit.org