CashUSA.net Debuts New Look and Improved Functionality
(PRWEB) January 18, 2012
CashUSA.net announces the re-launch of its flagship consumer-lending site, which features an easier online application and streamlined user-interface. For consumers who find themselves in a financial bind, the options today are more limited than ever before. Banks are tougher on loan applicants than they were just a few years ago; so, where can a cash-strapped consumer turn when the car’s clutch goes out or the roof starts to leak?
CashUSA.net provides working people with access to its extensive network of payday-loan providers, who offer short-term loans at higher interest rates in exchange for almost immediate approval and funding. The length of the loan usually only runs until the borrower’s next payday, at which point the loan and all interest and fees must be paid in full. Although not meant as a long-term financial strategy, payday loans are a useful short-term tool to alleviate a financial crisis.
“The new site makes it even easier for working people to get the money they need without having to jump through hoops,” said company spokesperson Todd McMillan. “Our site delivers a service that’s urgently needed in a time of shrinking household income — small loans with quick turnaround times, which fit the needs of today’s consumer.”
No credit check is required for payday loans made through the Cash Advance USA network of lenders. Requirements for a payday loan secured through CashUSA.net are kept to a minimum, making it possible for nearly anyone with a job to qualify: Recent paystub showing income of at least $1,000/mo. after taxes Employment at your current job for at least the last 90 days Over age 18 and a U.S.
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The market is so lucrative some traditional banks now offer their version of the payday loan, called a deposit advance. Some states limit the interest rate payday lenders can charge. A few states ban these loans. Payday lenders must also comply with
Many in the standing-room crowd of more than 400 were lending company customers or employees who wore "I Choose Payday Advance" stickers provided by the industry. Tanzy Bonner told a panel she got a payday loan to cover the cost of her 6-year-old's

Consumers may benefit from its reach whenever they take out a payday loan, negotiate a mortgage rate, borrow money for school or pay a credit card fee. For those who think they've been wronged, there will be a complaint system to help them fight back.

No credit check is required for payday loans made through the Cash Advance USA network of lenders. Requirements for a payday loan secured through CashUSA.net are kept to a minimum, making it possible for nearly anyone with a job to qualify: Recent
Following the announcement, several of the alternative financial services lenders saw stock prices drop including payday loan specialist Advance America. Founded in 1997 by George D. Johnson and William M. Webster IV, Advance America is the largest
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