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Personal Cash Advance Reacts to Positive Summer Spending

Online short-term lender Personal Cash Advance has responded to industry reports that indicate consumer spending has risen mildly over the summer months.

Personal Cash Advance | Your Payday Loan Center
Personal Cash Advance | Your Payday Loan Center
July 15, 2011 - PRLog -- The summer months are typically associated with vacations and increased spending. Over the last couple years, economic uncertainty has led to decreases in consumer confidence and spending. Personal Cash Advance spokesperson Neil Cutting recently responded to the reports that consumer spending has risen mildly in the last couple months.

"It is encouraging to see the numbers that are coming out as of late," Cutting said. "We have also witnessed a sizable increase in traffic and inquires at Personal Cash Advance."

When consumer confidence rises, there is usually a higher demand for loans and credit. Although the data suggests Americans are more willing to spend money this summer, the job growth numbers have remained stagnant, a discouraging indicator. Cutting outlined the need people have for fast cash advances in a wavering market.

"Let's face it, people still need access to cash for a variety of needs," Cutting said. "Many of these consumers will be turned away by the banks due to lackluster credit, which is where bad credit loans and other short-term loan options become more desirable."

For more information, please call 1-800-920-7430 or visit http://www.personalcashadvance.com.

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Source:Melissa Waters
Location:Wilmington - Delaware - United States
Tags:Cash Advance, Payday Loan, Cash Advances, Payday Loans, Personal Loans, Loans
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