CLEVELAND, Feb. 14, 2013 /PRNewswire-iReach/ -- Instant payday loan approvals are an innovative concept in today's crowded loans marketplace. Until a few years back, borrowers would apply for loans online and often wait days or even weeks or months to receive a decision. Considering the high rate of rejections, the process would start all over again for individual borrowers.
Fortunately, that has changed. Richard Burden, CEO and netpreneur, launched PayDayLoansOnline.org, a site that uses the Swift Approval platform to help borrowers obtain an instant decision from lenders. In less than sixty seconds, most applicants will be able to obtain a decision.
The company released the following official statement to the press:
"The Swift Approval platform is our latest contribution to the payday loans online marketplace. Unlike the earlier systems used on our site, Swift Approval boosts approval time significantly. In addition to expedited processing, PayDayLoansOnline.org is one of the largest networks of cash advance lenders in the entire country. Along with traditional lenders, our network features companies who cater to individuals with credit issues as well. The combination of technological innovation and one of the largest network of lenders makes PayDayLoansOnline.org a formidable force in the online payday loans market."
Richard Burden, CEO of PayDayLoansOnline.org, said, "PayDayLoansOnline.org is the culmination of a powerful, life-changing vision. We wanted to create a site where borrowers could apply for a quick payday loan in less than sixty seconds. When consumers apply for a cash advance, they are generally facing an emergency. The last thing we would want them to do is wait. To achieve this goal we have leveraged cutting-edge technology and enhanced it with strong relationships with the best payday loan lenders in the nation. This combination is not only our USP, it is a solid synergy that will benefit customers significantly. Faster processing, higher approval rates, and unparalleled service form a potent triad that we offer for the benefit of our customers."
"Where else can you access up to $7,500 as an emergency loan? That too in sixty seconds," adds Burden.
Apparently, customers are in agreement with Richard's claims. Amanda, who recently applied for an online payday loan with Burden's company describes her experience as being "super-smooth and seamless." She was able to quickly get the loan she needed for an emergency root canal. "At first, I was reluctant to go through the process online but after seeing PayDayLoansOnline.org's security infrastructure, I was convinced that my personal information was safe. I am glad I went with them," adds Amanda.
PayDayLoansOnline.org is a website where consumers can submit a simple online payday loan application and receive free quotes from multiple lenders. The company works with hundreds of lenders to ensure customers with different credit histories can get approved, and approved faster.
Due to its relationships with lenders catering to individuals with poor credit, overall the approval rates tend to be higher than traditional approaches. PayDayLoansOnline.org provides 24/7 customer support and a dedicated helpline focused on addressing client issues.
SOURCE PayDay Loans Online Services Ltd