Western Circle Ltd, a respected pay day loan business in the UK, Introduces New App to Tackle Payday Loan Dependency
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The brand new Credit on need software allows clients to borrow between ?1,000 and ?25,000 utilizing their cellular phone (picture: company Wire)
The Credit that is new on software allows clients to borrow between ?1,000 and ?25,000 employing their cell phone (picture: company Wire)
LONDON–( BUSINESS WIRE )–Western Circle Limited, the business behind popular British lending sites Cashfloat.co.uk and PersonalLoansNow.co.uk, has released a brand new app called ‘Credit on Demand’, designed to assist consumers in britain migrate from costly pay day loans to less expensive signature loans.
Jeremy Lloyd, CEO of Western Circle explained:
“We’ve found that two key features draw customers towards pay day loans. Firstly, higher acceptance prices that allow also individuals with extremely woeful credit to use. Next, fast funding times that allow cash to attain customers’ accounts, often within seconds of using. But, we’ve noticed a growing dependency on payday advances as users learn how to count in it every month, making them nearly addicting.