
No Teletrack Payday Loans - Adverse Credit Score Does Not Matter
Guaranteed Payday Loan
29/06/2012 12:14
There are two types of payday lenders those who operate their own lending institutions and those who act as negotiators for the owners of these institution and are known as brokers. Direct Payday lenders have huge resources and are authorized to provide loans to those who are eligible to receive them. They have been granted the license for their operation and whomsoever that applies to an accredited lender can be sure of a secure deal at the best interest rates possible. They have set up their own websites and anyone who wishes to apply for a payday loan can send their application through the website for a quick deal.
Brokers have no such resources or any money of their own. But they too have set up websites and deal with clients who need payday loans. The only difference is that they take your application and forward it to a direct lender for negotiation on your behalf. All they get out of it is the commission they charge you for the service provided. But why go to them when you can get your loan cheaper and faster through a direct payday lender? here
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