NASHVILLE, Tenn., June 17, 2013 /PRNewswire-iReach/ -- You can kiss goodbye to the standard, boilerplate decision message "Your application is being reviewed. You will receive a decision within eight to ten business days." An online entrepreneur was so frustrated with this cumbersome and extremely lengthy process, he decided to launch a new "Quick-Approve" process that strives to provide an instant decision upon submission of a personal loan application online.
Mark, a customer who obtained a personal loan online approval expressed his satisfaction with the "Quick-Approve" process:
"What a relief. I applied for a personal loan online and received an instant decision within almost sixty seconds. Furthermore, the funds were deposited into my bank account within twenty-four hours. I am extremely satisfied and would not have it any other way. Why would I wait for a bank to take ages to review my paperwork and arrive at a decision? Add to that the time taken to mail the decision via 'snail mail'. I apply for a personal loan when I need funds immediately. I don't have time to wait for the bank's red tape or discretionary review. Sites like Loans.net work much better for individuals like me."
Loans.net launched its version of the "Quick-Approve" process after extensive research and redevelopment. The company issued the following official press statement to support the introduction of this new process that guarantees personal loans online approval:
"We revamped our entire technology infrastructure and integrated our systems with the technology infrastructure offered by lenders. After several rounds of negotiations and technology exchanges, we were able to align our systems with the lenders and the end result is a new process that guarantees an online decision. As soon as a borrower submits a personal loan application via our website, the system generates an online decision based on the applicant's credit score and background. It is an extremely efficient and sophisticated system that truly helps borrowers with the personal loan application process."
Loans.net has been in existence for over fifteen years. During the past decade, the company has assisted tens of thousands of borrowers with the personal loan application process. The customer needs to submit a short application form that obtains basic background, income, and credit-related information. On receiving the application, the system processes the information and matches the results to ensure a decision is obtained from lenders within sixty seconds. It is a virtual guarantee for those borrowers who need a faster decision and turnaround.
"We are at the cutting-edge of technology and operational excellence. With our new process, we will be eliminating several rounds of red tape that discouraged borrowers from applying for personal loans. Furthermore, due to our extremely large lender network, we are able to assist customers with a variety of credit profiles."
For more information and to request a quote, visit http://www.loans.net/personal.html.
Media Contact: Yonni Rossa, Loans Network Ltd, (646) 257-4131, Yonni@loans.net
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