CashAdvance.com Launches New Hampshire Loan-Process Resource

Updated Site Educates Consumers and Borrowers on the Payday Loan Industry
By: Erin Scobie
 
Jan. 13, 2012 - PRLog -- CashAdvance.com announces the addition of a new Loan Process page designed to help New Hampshire consumers navigate the payday loan industry. As an example, the new Loan Process page indicates that the New Hampshire Banking Department requires payday lenders to receive the following information prior to funding a loan:

•   Proof that the borrower is a U.S. citizen or permanent resident
•   Proof that the borrower is 18 years of age or older
•   The borrower’s home and business address/telephone numbers, and personal email address
•   Verification of employment for at least 90 days consecutively
•   Proof of income of at least $1,000/mo. after taxes
•   Borrower must have a valid U.S. checking account

According to leading CashAdvance.com financial news expert Adam Hilliard, "Our New Hampshire Consumer Resource page at http://www.cashadvance.com/new-hampshire will dispel any misconceptions or uncertainty surrounding the cash advance process in New Hampshire, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future."

The new Loan Process page contains information on credit checks (none required), as well as the process for direct-deposit of loan funds and automatic-debit repayment. Visitors to CashAdvance.com can access the New Hampshire Loan Process page at http://www.cashadvance.com/new-hampshire/loan-process to find myriad resources their state provides in one place.

When consumers visit the New Hampshire Loan Process page, they can confirm that their payday lender is licensed in their state. Prospective borrowers can also learn about any consumer alerts that have been issued and how to contact state agencies with further questions. According to the new page: “By providing its residents with many protections, New Hampshire has ensured that residents can obtain emergency cash when they need it, while also protecting them from predatory lenders.”

“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Loan Process pages are a wealth of information arming consumers with the resources to actively preserve their rights, while providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”

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CashAdvance.com was established in 1997 to offer people a quick, convenient, and secure method to get a cash advance online.
End
Source:Erin Scobie
Email:***@cashadvance.com
Zip:90211
Tags:cash advance in New Hampshire, New Hampshire cash advance
Industry:Financial
Location:Los Angeles - California - United States
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