LenderSeekers: An Expert Loan Comparison Tool - PowerPoint PPT Presentation

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LenderSeekers: An Expert Loan Comparison Tool

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Title: LenderSeekers: An Expert Loan Comparison Tool


1
Welcome to LenderSeekers An Expert Loan
Comparison Website!!!
2
What is payday loans???
  • Pay day loan is a money borrowed by an individual
    for a short period of time until their next pay
    day or salary arrives. This loan is basically
    taken to suffice the borrower's financial
    expenses till they get their salary.

3
Benefits of Payday Loans
  • Payday Loans has many benefits especially when
    you are in urgent need of instant cash.
  • Following are the 6 benefits of Payday loans
  • Instant Cash - Being considered as the most
    important advantages of the same day payday
    loans. The borrower has instant access to cash,
    which can be used for taking care of any
    financial contingency.

4
Benefits of Payday Loans(Cont.)
  • Payday Loan Vs Credit Card - Payday loan
    companies dont expect the borrower to have a
    excellent credit history. In fact, payday loans
    are preferred by people who arent able to pay
    their expenses through their credit card, either
    because they have exceeded their credit limit, or
    because their bad credit history prevents them
    from obtaining a credit card.

5
Benefits of Payday Loans(Cont.)
  • No Extra Collateral - In comparison to bank and
    other lending institution, which require extra
    collateral such as a house or car, payday loans
    are sanctioned against a postdated check in favor
    of the payday loan companies. These loans are for
    the people who are unable to provide the
    additional collateral demanded by banks.

6
Benefits of Payday Loans(Cont.)
  • Small Amounts - The payday loan companies
    provide borrowers with loans as low as 200. On
    the contrary banks, may be unwilling to provide
    loans for less than 1,000 which is a turn off.
    Despite the fact that banks provide an overdraft
    facility, their overdraft fee is very high, and
    is generally meant for business purposes.

7
Benefits of Payday Loans(Cont.)
  • Quick Application Process - The application
    processes in payday loans are very quick. The
    online application form process is fast and only
    takes a few minutes to completely fill out. The
    additional documentation may or may not be
    needed, depending on the payday loan lender you
    are working with.

8
Benefits of Payday Loans(Cont.)
  • Available 247- The payday loans can be availed
    247 without any hassles, all you need to do is
    be associated with a good lender and he can give
    you the loan amount in a jiffy.

9
Conclusion
  • LenderSeekers.co.uk is your FREE Short Term
    Lender research website where you can make an
    informed decision as to which Lender you want to
    apply to using our truly comprehensive selection
    of filters.
  • Please Visit http//www.lenderseekers.co.uk/ or
    email us _at_ Admin_at_lenderseekers.co.uk

10
Thank You
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