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Follow on Google News | Online pounds till payday advantages VS Offline credit paper work and reimbursementOur need of money has grown exponentially in the last 3 years, due to technology evolution, financial crisis and food market. The online consumer these days is the brand manager from yesterday
By: greg hanss There is no better example than the loans or credit market, offline and online. In simple terms, until recently, the offline loans market had it’s glory days, with customers accepting the enormous paper work and the hilarious interest rates, with a smile and a shaking hand. No, there was no mass manipulation, simply the personal loans where attracting consumers, the crisis was just at the stage of a rumor and the repayment options where multiple. When the real financial crisis came, instead of reinforcing the bank systems, respecting the customers and offering better loans conditions, the bank simply made the biggest errors by: - blocking the interest rates at a high level - blocking the repayment options - increasing the already “to muck” paper work That was the birth of the phenomenon called payday loans or the “pounds till payday” rush. The consumers migrated to the online environment simply because the online alternative was better, improved and most important very fast. The online payday loans companies offered the so wanted advantages: - Absolutely NO paper work, simply if you can qualify for a loan, you will have it in 1h - No credit checks or bad credit reports - All it is needed is a valid bank account, 18 years of age or more and a stable working place Companies like Pounds-Till Payday.co.uk ( http://www.pounds- That is why more than 70% personal loans customers applied for a payday loan online. For more information please visit: http://www.pounds- End
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