If you find you are in a position to need a payday loan, it can be confusing to have to go to various websites to get various quotes and end up with so many figures that they all blur into one. This is where a new app called Payday loan comparison may be the ideal solution. Based on the same ideas as a comparison site, the app takes one set of data from you and provides a wide range of loans in just the flick of a finger.
What the app does:
• Real time comparison
• Currently compares 90 lenders from 6 countries: United States, United Kingdom, Canada, Poland, Lithuania and Latvia.
• Provides a wide range of loan amounts and periods of time
• Allows the easy alteration of these terms to see options
• Shows in real money what the loan will cost
• Gives a range of helpful advice about loans and other associated areas
• NO REGISTRATION
• NO ADS
Comparison sites are a growth area on the internet with everything from insurance to grocery shopping now having their version. Loan comparison sites are also very useful for the same reason; a wealth of information in one place having input just one set of details. This app is created by a company who also run one of these comparison sites so they know what their customers are looking for. The advice section of the app is also a crucial part of their service, allowing people to fully understand the payday loan, what it costs and what the terms involves area.
Not only that but the app contains ideas about whether a loan is the right option for you, what else might let you sort your problem as well as explain core elements such as APR and payment terms. It can even let you know what happens if you can pay off the loan on time and what you should expect from your lender if the worst-case scenario comes to pass.
Contrary to popular belief, there are also loans on the app for people with poor credit ratings. Most companies won’t consider those with problems on their financial records but there are companies who look more at what a customer can afford to pay, rather than what has happened in the past. These companies feature on the app and mean that even those who have had misadventures in the past can find the right payday loan. There is also information about how quickly you will receive your money if the timing is the most important factor in your choice, so you can select a loan that gets you the money in the time frame you need it.
The company operating the app is called Cred24. They are international payday loan experts who operate similar sites around the world and have now brought their knowledge and experience to the US market. Their aim is that no customer should ever take a loan unless they are confident it is the right choice for them and they fully understand what they are committing to.