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PersonalLoansForBadCredit.net, the leading site for finding bad credit loans, takes extra measures to screen lenders before including them within its database. The announcement comes as part of the site's commitment to consumer safety.
DALLAS, February 25, 2013 /PRNewswire/ --
PersonalLoansForBadCredit.net is one of the top U.S-based sites leading consumers to adverse credit loans. Due to its popularity and recently upgraded status to a McAfee Secure certified site, the comparison service has taken steps to implement a more rigorous pre-screening regimen before inviting lenders to join its consortium and review applications from consumers.
The announcement coincides with news reports of some store-front lenders releasing consumers' personal details and jeopardizing their sensitive data. One such report was featured on a Colorado-based local station, News First Five, and told of a couple that had received unsolicited telephone calls regarding a loan they had taken out with a brick-and-mortar lending shop.
"To safeguard consumers and ensure that security is paramount, we at PersonalLoansForBadCredit.net have made the decision to look upon lenders newly with extra scrutiny before they are newly inducted into our site. Our promise is to carry out extensive due-diligence to be certain of the reputation and lenders."
The statement continued to address the importance of acting as watchdog and carrying out exhaustive checks on the business practices of lenders offering loans for bad credit.
"Unfortunately, more so than with other consumers, people with bad credit may be exposed to unscrupulous companies wishing to exploit their urgency for bad credit loans. It is our pledge to only include lenders within our site that meet our high standards of professional integrity."
Consumers can complete a secure online application for a personal loan with a trusted and pre-screened lender. This application will be seen and considered by scores of reputable companies. Decisions will follow online within seconds and the individual can receive the money in their bank account within 24 hours of approval and acceptance.
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