Payday Loan Chain Now Offering Larger Loans to Clientele

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BHM Financial Group, a financing company specializing in secured bad credit loans, providing car title loans, mobile home and RV refinancing, is announcing their new affiliation with Payday Loan Chain The Money Stop, a Payday loan chain with locations in Alberta and British Columbia. As a result of this new relationship, The Money Stop is now able to offer larger, more flexible rates and terms, and loans to individuals with bad credit or even no credit in addition to their standard loans and services.

Molly Wider, Regional Loan Manager for BHM Financial explained the reason behind this new affiliation, “The Money Stop is a respected chain of Payday Loan Stores that until now were only able to finance smaller amounts with shorter lending terms. Because The Money Stop is offering financing through BHM, they are now able to offer their clients larger loans with more flexible rates and longer repayment terms regardless of the client’s credit history. This will permit The Money Stop to gain new business they might have otherwise lost due to not having the capability of offering these types of loans. BHM gains the added business brought in by individuals seeking loans from trusted local lenders.” She continues, “People don’t always feel comfortable applying for a loan online, and BHM has most of our application business on-line. Some clients might feel more comfortable applying in person, with a trusted local lender, and we are extremely pleased to be able to offer this service through The Money Stop. Through them, we can offer the more personalized, one on one service that we at BHM were previously unable to accommodate.”

In the past, payday lenders were only able to advance small sums, amounting to only a percentage of the client’s paycheque. In addition, repayment was due on the client’s payday with little flexibility in repayment terms. Now, due to its affiliation with BHM, The Money Stop will be able to offer car title loans from $1,000 to $10,000 with flexible repayment terms anywhere from 1 to 4 years in length. These new loans are called car-title loans and they are primarily given to individuals who cannot attain financing through standard financial institutions due to bad credit or no credit. The loans are secured based on the equity in the borrower’s vehicle and because of this security, the loans are awarded regardless of the borrower’s credit history.

The Money Stop will continue to offer all of the loans and services they previously offered and will simply add BHM’s car-title loans and mobile home and RV refinancing to their offerings. BHM assures that The Money Stop’s clients will observe the same fast and easy loan process as they have always experienced. Car-title loans can be approved in hours and funded in less than 24 hours and the process can all be completed at The Money Stop’s 2 Fort McMurray locations, as well as its Grand Prairie and Whitecourt locations in Alberta, and at their Fort St. John location in British Columbia.

BHM Financial Group is expanding throughout Canada and is currently accepting the registration of additional Payday Loan Affiliates. For more information about the affiliate program, or BHM Financial’s car-title loans, they can be found on the web at http://www.bhmfinancial.com.

January 11th, 2010


Low Interest Payday loans in Georgia

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If Georgian residents of USA need some timely monetary help because of an emergency situation, then, usually, getting the help from relatives or friends takes lots of time for different reasons. Hence, an option could be to take out payday loans, which are especially designed for them, if they are salaried people. Main feature of the loan is its instant availability to the borrower’s bank checking account within 24 hours, wired into it by the lender. At the same time, they should be aware of the ways of finding the loan in wiser way for avoiding any debt-trap.

Under these loans, you can get anywhere from $100 to$ 1500 for any urgent use like escaping from penalties on late payments, repairing your car the same day, paying off a bill on medical treatment etc. The loan requires no security offer to the lenders, who may, however, give the loan against a post-dated cheque of the borrowed amount plus interest charges. These loans are given for 14 days, until your next paycheque. But, you can stretch the loan for few weeks on interest payments.

Payday loans for Georgian residents involve no credit checks, enabling the instant access of the money to the bad credit borrowers as well. However, you need to furnish details of your salary, employment and residence address on an online application to the lender, irrespective of your credit history. To be eligible, you must be holding the existing job for past six months and drawing a fixed monthly salary of at least $1000, and a bank checking account of past three months should also be in your name.

A disadvantage is that the borrowed amount comes at high rate of interest for few weeks only. Once you rollover the loan, the rate is enhanced, making the repayment burdensome for the salaried people.

No credit checks are done in giving payday loans for Georgian residents, implying that bad credit borrowers also can find the help instantly. Make a good search on internet for finding out these loans at comparatively lower rates, and do not extend the loan as it may trap you in debts.

Summary :

These are instantly loans for Georgian people, given within 24 hours, without any credit checks. They can repay the loan in two weeks from next paycheque. For more info visit: http://www.easypaydayloansingeorgia.com/

July 13th, 2008
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