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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.
"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.