NEW ORLEANS, January 22, 2013 /PRNewswire/ --

PaydayLoansOnline.net, the leading online comparison service for short term lenders, has announced the availability of its online and confidential application process free of embarrassment or lengthy questioning. The new service has been initiated in order to remove the often intimidating aspect of face-to-face inquiries about bad credit loans which many consumers find uncomfortable and intrusive.

Watch the video: http://www.youtube.com/watch?v=m2jSz-LoMEs&feature=player_embedded

PaydayLoansOnline.net made the announcement.

"PaydayLoansOnline is pleased to announce our new confidential application service. It is no longer a cause of stigma to have low credit and our service means that it is possible to apply to multiple lenders from a home or office computer, without even needing to explain your circumstances in great detail."

As a double-edged benefit of the service being exclusively online, applicants can enjoy fast search results with potential instant approvals where their application criteria matches to featured lenders. For those applications where a lender reviews its contents and decides to make an offer, the consumer has the chance to decide whether or not to accept. If accepted, the funds can be made available via bank transfer the next day. Some of the featured lenders can make the online cash advance payment within one hour.

The announcement from PaydayLoansOnline.net comes at the same time as the results of new data from JZ Analytics reveals that 36% of Americans believe it is acceptable to have a poor credit score. This represents a significant progression in public opinion, given that 77 million individuals across the nation fall within the category of having a low score. According to FICO, the credit scoring agency, a figure below 600 is considered low.

However, although an ever-increasing segment of consumer financial needs are within this area, banks and other traditional lending institutions are behind the curve in offering a competitive range of products and services for these consumers. PaydayLoansOnline showcases a wide array of payday loan online lenders whose specialism lie in creating affordable, flexible and accessible bad credit cash advance. Such "bridge loans" are a handy way to maximize salary payments by borrowing up to $1,000 until the next payday.

Apply for pay day loans via the McAfee Secure™ site: https://www.paydayloansonline.net/apply-now/

Contact:
Sam Milo
Tel: +1-678-666-0100
admin@paydayloansonline.net

SOURCE PaydayLoansOnline.net