Paydo.co.uk is signalling its intent to become the internet’s most popular destination for those seeking payday loans. It has recently launched a new, user-friendly website featuring a simple application process and optimised to be found easily through search engines. Beyond this, it is also planning a social network to enable payday borrowers to share advice on tackling financial issues and making the most of their money.
Payday loans are small, short-term loans allowing people to borrow money up to 30 days in advance of payday. The concept has a number of benefits, which Paydo.co.uk builds on with its easy-to-use website.
Firstly: simplicity. Payday loans typically require no paperwork to complete and often have little impact on long-term finances. They can also be an excellent solution for those lacking a good credit history. Whilst some providers require credit checks, Paydo.co.uk doesn’t: a bad credit rating won’t factor into an application.
Secondly: speed. Payday loans allow quick, easy access to funds, as and when needed. Many providers offer a responsive online process, so no posting or faxing is required. Paydo.co.uk’
Thirdly: security. UK payday loan advertising is regulated by the Consumer Credit (Advertisements)
Because of these benefits, payday loans are one of the fastest-growing lending options in the UK. According to a Consumer Focus study, between 2006 and 2009, the number of applicants quadrupled. To satisfy this burgeoning demand, many companies now offer payday loans. Paydo.co.uk’
# # #
Are you looking for Payday Lenders? Paydo is the one of the UK's leading Payday Loans websites giving you the best chance of getting Same Day Short Term Loans. Paydo Payday Loans are a great solution when you are short of cash and for things need to be paid for quickly and easily. If you need a loan direct to your bank then why not try a Payday Loan today?