New loan site makes applying for loans easy

March 8, 2011 - PRLog -- In today's tough economic climate many people may be finding it hard to make ends meet and may require a short term cash injection. These are commonly known as payday loans and many of the online websites that appear when you search online for these types of loans appear to make it very easy to get a loan.

But people may wonder if these are the right types of services they require and sometimes the application process may put them off trying to sort their finances out in the first place.

Today sees the launch of a new site at http://www.needmoneyfast.co.uk that hopes to overcome both of these problems.

James Deacon who manages the site says "sometimes it can be hard for people to know if this type of loan is right for them. The upfront APR figures that are quote can appear at first glance to be very high. And on top of that the application process may seem daunting so we have put together a site that has information on these types of loans and one application form that is sent to all the payday lender websites and the applicant receives a decision on their loan in seconds"

This new type of application is fairly new. So rather than a person going from site to site and perhaps getting rejections from the first, then second and so on, their loan application is sent to over 20 lenders at once and base on the information they enter they can expect a decision almost immediately.

James continues "this saves people valuable time by only having to complete the application process once. We don't undertake credit checks or require information to be faxed over in most cases so it takes less than a minute to complete"

The site is now online and available for uk applicants.

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Need money fast is a website that provides help and information on short term unsecured loans see more at http://www.needmoneyfast.co.uk where you can get an instant decision on loans.