Category Archives: Loans

Loans

Brand New Media Launch For UK’s Quick Term Loan Website

Currently one of the main UK’s short term loan obtaining web sites is very happy to declare the release of its completely new website design to the general public.

Payday Loans UK are actually stoked by the news. Having worked with a leading Midlands based development team in Forme Creative to design a fresh appearance for their site which will render the process of applying for a payday loan easier still and will make the charges involved less complicated for consumers to comprehend whilst, at the same time offering the website an effective new personality and branding.

The web sites manager Russ Beech stated “ We certainly have worked hard to develop the new internet site to be as user friendly as it can be. Our company want to slowly but surely develop into one of the UK’s top information and facts websites intended to help consumers looking to make an application for online payday loans.”

“Working together with Forme has been exceptional. Our previous website ended up being very fatigued and wasn’t so simple for people to work with so we offered the creative artwork team a brief to generally chop all the fuss and hassle out of obtaining a cash advance and now we are delighted with the final outcome.”

The brand new Paydayloansuk.org.uk website is presently exiting development. The soft launch is predicted to go live on the Fifteenth March 2012 together with the final launch which you can follow on the Nineteenth following the short bug repairing stage we will need to undertake.

Pay Day Loans UK provide a no cost financial loan acquiring service. They have access to more than 30 United Kingdom financial lending institutions. Their website engineering compares an candidates requirements to the different considerations of lenders to help enhance a prospects potential for being approved for the money that they require.

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Payday Express Sponsor Employee To Do NSPCC Gherkin Challenge

UK payday loan lender Payday Express has sponsored a staff member to take part in the NSPCC Step Change 2012: The Gherkin Challenge.

Marketing assistant at Payday Express, Cigdem Husseyin, took part in the challenge on Sunday March 4 to raise money for ChildLine, where last year counsellors at NSPCC responded to about 670,000 calls and online communications from children in distress.

All participants raced up 1,037 steps over 38 floors in the iconic London building that has been nicknamed The Gherkin.

Cigdem wanted to take part in the NSPCC Step Change challenge as she felt it is an incredible charity, and one that she has always supported.

“I admire the work that the NSPCC does to support children that are in danger.

“I have always supported the NSPCC and I wanted to support the charity further by taking part in this great event to help raise money,” said Cigdem.

She trained hard for the event, and ensured that her training programme was integrated into her working day, by taking the stairs up to the Payday Express office on the fourth floor every day, rather than the lift.

Individuals who took part in The Gherkin Challenge were asked to raise a minimum of£250 each, but Payday Express, provider of payday loans online, decided to support Cigdem by giving a generous donation of £500.

In addition to this £500, individual staff members made donations and offered her lots of encouragement in the build up and on the day of the event.

Sarah Carroll, operations manager at Payday Express, said: “We are always happy and proud to support our employees who undertake challenges to raise money for great causes.”

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Confused.com Reveals UK Households Wasting £1.7 Billion By Not Switching Home Insurance Providers

Confused.com has revealed that UK households are wasting on average £1.7 billion* a year because they “can’t be bothered”** to switch home insurance providers.

According to the latest Confused.com research, which surveyed homeowner’s attitudes to switching insurance providers, 73 per cent stated that they have home insurance, but a surprising 34 per cent said they had never switched home insurance provider.

In fact, 70 per cent said they had been with the same provider for two years or more, potentially missing out on an average saving of £95.26*** per year just by switching home insurance providers. Collectively, UK households could be wasting£1.7 billion by not shopping around to get the best deal.

32 per cent of those surveyed say they haven’t switched providers because they can’t be bothered while 29 per cent say their current deal is so good there is no point switching.

22 per cent of homeowners are under the illusion that switching home insurance is too complicated. However, with 66 per cent of people saying they would be willing to switch home insurance if they could save money, it’s not really affordability that should be questioned but inertia and people’s attitudes towards switching.

Gareth Kloet, Head of Home Insurance at Confused.com, said: “We are a money saving nation, however most of us still aren’t making the effort when it comes to getting insurance for our homes. At Confused.com home insurance customers could save money on their insurance premium.

“Shopping around can not only ensure the best value for money, but can also prompt homeowners to ensure they have the right level of cover. Levels of cover can vary between providers so check everything you want is covered and then select a policy that meets your needs. It’s worth doing this on an annual basis or after a big purchase to make sure you’ve got the right cover at the right price – loyalty doesn’t pay and you may be able to find better cover at a lower price.”

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Confused Announce £1000 Giveaway When Purchasing Home Insurance

Confused.com is offering £1,000 to spend on household bills to four lucky people who get a home insurance quote through the price comparison site during March.

The giveaway comes on the back of recent Confused.com research which found that 34 per cent of homeowners admitted that they have never switched home insurance provider*. This is despite the fact 70 per cent of Confused.com home insurance customers could save money on their home insurance premium**.

To motivate people to shop around for a better deal, four lucky customers who get a quote on home insurance in March through Confused.com will be randomly selected to win £1,000 to spend on household bills.

Gareth Kloet, Confused.com Head of Home insurance said: “We wanted to say thank you to those people who are looking to get home insurance through Confused.com, by giving them a chance to win £1,000.

“As we all know, money is a topic of much discussion and many people can’t afford to buy those essentials for the home, or even pay some bills. Therefore at Confused.com we wanted to give our customers a helping hand. Not only by saving them money by using our comparison site but by also giving them the chance to win £1,000 to spend on things they need.

“We want people to be aware that they could save hundreds of pounds on their home insurance just by shopping around for a lower quote. 22 per cent of homeowners are under the illusion that switching home insurance is too complicated*** but by using a comparison site like Confused.com it means that we do the hard work for them.”

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Payday Express supports staff volunteer work

Lauren Johnson discovered senior staff at Payday Express were more than happy to help support her after she said she wanted to volunteer as a Metropolitan special constable.

The UK payday loan company places great importance on staff development and wellbeing and didn’t hesitate when it became clear that Lauren would need greater flexibility to combine her job as a contact centre agent with her voluntary position as a special constable with the Metropolitan Police.

After extensive training to become a special constable, volunteers are required to carry out at least 16 hours of work per month. Cash advance loans provider Payday Express offered to support Lauren’s volunteer work by giving her flexibility around her hours of work in order for her to carry out the voluntary hours required within a month.

Lauren wanted to train as a special constable so that she could give back to her local community in Bromley.

“I wouldn’t have been able to honour my volunteering hours without the support I’ve been given by the company, for which I’m really grateful,” said Lauren.

Operations manager Sarah Carroll said: “We are very supportive of staff members who take on volunteer work in the community and are really pleased that Lauren is feeling fulfilled by the post.”

In addition to the support offered to those staff wanting to volunteer in their local community, Payday Express, provides internal training programmes to ensure all those within the organisation achieve their full potential.

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Payday Express makes British Heart Foundation charity of the month

Payday loans company Payday Express has made British Heart Foundation its charity of the month for February – a choice inspired by St Valentine’s Day.

In addition to the company’s regular Friday dress down days –when staff are asked to donate £1 each for coming to work in casual clothing – Payday Express held an additional dress down day on St Valentine’s Day, specifically to raise money for the British Heart Foundation.

All staff were asked to wear red clothing and donate the usual £1 each. Those who chose not to wear red were asked to donate £2. For St Valentine’s Day, the office was adorned with red balloons and decorations. This and the workforce’s red outfits made the office look very romantic. In addition to red clothing and decorations, team leaders across the business organised themed incentives. High achieving team members were given the chance to play a version of the TV game show Red or Black, with the winner of the red card receiving a prize. These rewards included a meal for two at London restaurant Marco Pierre White.

Marketing assistant at Payday Express, Cigdem Husseyn, said: “Whether people had partners to celebrate Valentine’s Day with or not, they all had fun at work!”

Carl Mountain, contact centre manager at the cash advance loans company, said: “Payday Express staff are always great at getting into the spirit of occasions and Valentine’s Day was no exception.

“The team leaders did well to link their incentives into the theme, and we were all pleased to extend the theme to our chosen charity of the month, the British Heart Foundation.”

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Payday Express holds internal Trainee Team Leader Program for 2012

UK provider of payday loans online, Payday Express, has once again demonstrated its commitment to staff development with the hosting of the first Trainee Team Leader Programme for 2012.

Emma Furlong, group trainer at Payday Express, and the company’s operations manager Sarah Carroll, began the first programme for 2012 on February 10, with the aim of developing budding team leaders in different areas of the business. Six staff, from the company’s contact centre, collections, marketing and business development teams, will participate.

The programme involves weekly catch-up sessions in which participants receive coaching on management skills, as well as the chance to discuss exactly what the team leader role entails. They also get to share ideas and experiences and impart knowledge they have learned. They will work as acting team leaders while on the course in order to put their learning into action and will also get the chance to swap roles and run different teams as part of their on-the-job experience.

Operations manager, Sarah Carroll said: “Staff development is extremely important to us at Payday Express. This course gives high-achieving agents the chance to take the next step in their careers.

“Its success comes from giving them the chance to take what they learn in the training room each week and immediately practise it on the job. It’s also valuable for them to get the chance to discuss mistakes and difficulties with people in the same position as them,” she added.

Marketing executive, Therese Rydberg, said: “I am excited to get the opportunity to take part in this programme as it will help me to grow and take the next step in my career.”

The programme is designed to be suitable for employees from all departments within the payday loan company and is geared towards developing broad skills that can then be applied to their own jobs and teams.

To kick-start the programme, each participant is required to produce a SWOT (strengths, weaknesses, opportunities and threats) analysis on his/her own team, along with a personal development plan, which is then re-visited at the end of the course.

The programme also includes the following sections:
– Conducting monthly staff reviews
– Handling and steering conversations – this is a vital section in the programme and is revisited throughout, as it covers conversation and communication with peers, staff, management and customers
– Effective reporting
– Carrying out effective team incentives
– Interview techniques
– Coaching and development
– Absence management and operational overview
– Dealing with expressions of dissatisfaction
– Reporting upwards (to management)
– Process suggestions and implementation.

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Barclays Bankers May Lose £1bn Bonus To PPI Claims Says PPI Claims Company Simple Financial Solutions

Barclays bank is considering a move that will see the bonuses planned for its staff cut to pay the fines and compensation claims for PPI mis-selling, and may even institute a claw back of bonuses already paid, says PPI Claims Company Simple Financial Solutions.

In the wake of Sir John Vickers banking reform report, Barclays Chief Executive Bob Diamond has put forward the idea that some of the large fines for PPI mis-selling could be met by withholding the bonuses of its staff as a type of penance and using the money to meet its PPI mis-selling commitments instead.

In a meeting with the MPs of the Treasury Select Committee, Mr Diamond was taken to task by Committee Chair Andrew Tyrie about PPI mis-selling. In explaining that the staff responsible for the mis-selling had now gone, Mr Diamond added in reference to the PPI fines: “We are taking into account in our businesses that impact in our remuneration.”

Some believe his comments have come following the decision of Lloyds bank to claw back some of the bonus its chief executive, Eric Daniels, received because of the heavy financial toll of £3.2bn the PPI mis-selling scandal  is predicted to have on the lender.

However, Mr Diamond appeared to be losing patience with proceedings when later asked about bankers’ level of pay and remarked that it was ‘disappointing’ to be asked about it again. ‘I was looking forward to a discussion on the Independent Commission on Banking and its report and we’re right on to the same issues as last time, which I do find disappointing,’ he said.

A spokesperson for PPI Claims Company Simple Financial Solutions, said: “It seems that the bankers wish everyone would just shut up and forget about the PPI mis-selling scandal, as if it is water under the bridge, old history, best forgotten. Nobody has forgotten Mr Diamond’s comments earlier this year when he proclaimed the time for‘remorse and apology’ was over. The trouble is, it isn’t and it won’t be. Barclays has been identified as being one of the worst offenders for dragging its heels over settlingPPI claims and until the matter is fully concluded and Barclay’s customers are properly and fairly treated, Mr Diamond will hear a great deal more on the subject.”

“Cutting staff bonuses for poor performance is just the start of the steps Barclays should be taking to get its house in order. A bonus claw back from those senior manager who time and again failed at their jobs and caused this mess would be a good idea and might see Barclays earn a little lost respect back from customers.”

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Confused.com Launches New Partnership With Quotemehappy.com

Confused.com has launched a new partnership with Quotemehappy to offer insurance to careful drivers. Quotemehappy.com is an insurer that is specifically set up for careful drivers who want reliable, low-cost policies.

Confused.com’s comparison service makes it easy for customers to compare car insurance and with the new relationship with Quotemehappy.com, customers have even more choice.

Quotemehappy.com offers a comprehensive policy to careful drivers. The insurance brand keeps its costs as low as possible by operating online and premiums are also kept down as Quotemehappy.com is very clear about who it will and won’t insure. For example, it will not insure new drivers, those with older or more expensive cars or drivers who have had more than one at-fault claim in the last four years.

Marco Distefano, Managing Director of Quotemehappy.com, said: “Quotemehappy was created to give careful drivers a fair pricing and personal service when getting car insurance.

“At Quotemehappy.com we have negotiated some fantastic premiums with our specialist panel of insurers and see Confused.com as the ideal partner to ensure that this brand continues to reach the maximum number of potential customers as possible, whilst further enhancing Confused.com’s commitment to provide a specialist quote for every client, from every background with any specific needs.”

Gareth Kloet, Head of Car Insurance at Confused.com, continued: “At Confused.com we want to offer our customers the right cover at the right price by offering genuine value for money, a quality product and competitive prices for careful drivers. Adding Quotemehappy.com to the ever increasing number of insurers that we compare prices for is a great result.”

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Confused.com Reveals £203m Worth Of Car Damage Caused By Misleading Sat Navs

New research from Confused.com has revealed that Sat Navs have caused over £203m worth of damage to drivers on UK roads, through accidents caused by misleading directions. With the Department for Transport holding its first ever Sat Nav Summit in March, the issue of misleading Sat Navs has become an ever-increasing problem across the nation.

A staggering 83% of British drivers have admitted to being misled by their Sat Navs, resulting in over half the country (52%) screaming at their devices. 68% of the drivers end up with longer journeys and clock up unnecessary miles while 45% of British drivers have confessed to feeling angry and frustrated while behind the wheel, which in turn has led to 31% of British motorists red faced, spending between£100 – £500 on Sat Nav related car damage.

Whilst it’s mainly men who blame their car damage on their Sat Nav, women are more likely to admit that it leads them astray. Women also get more frustrated than men, with 57% of female drivers freely admitting that they scream at their Sat Navs, a shocking 12% higher than male drivers.

On a national scale, drivers in the East Midlands fared the worst with their Sat Nav relationship, with 57% shouting at their Sat Navs and 50% feeling frustrated behind the wheel. Northern Ireland has proved the most docile with only 31% getting angry at misleading Sat Nav directions. 80% of Scots claimed to be given misleading directions constantly by their Sat Navs leading to over half (51%) of Scottish drivers screaming at their devices. The research did however pinpoint the Welsh city of Aberystwyth as the worst for Sat Nav anger management with an alarming 75% admitting to regularly losing their temper.

With the amount of Sat Nav accidents occurring across the country, and the pending Sat Nav legislation, Confused.com is calling for British motorists to register their Sat Nav blackspots from around the UK on Confused.com.

Gareth Kloet, Head of Car Insurance at Confused.com, said: “As car insurance costs continue to rise, it’s never been more important to keep your motoring costs as low as possible. Our research has shown that the Sat Nav is not always the blessing it was once hailed to be and increasingly, motorists appear to be sighting the device as a source of frustration and danger. We hope that our Sat Nav blackspot map will not only help reduce risk, but we also hope that frustrated drivers get back behind the wheel a little happier.”

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Confused.com Reveals Young Male Drivers Pay Almost Double For Insurance Compared To Women

Confused.com/Towers Watson have revealed that the cost of car insurance for young men continues to go through the roof, with 17-20 year olds paying almost double what women drivers of the same age are paying.

Male drivers in the 17-20 year old age group are suffering as female drivers pay£1,771 less than the men UK-wide: it currently costs an average of £1,959 for women aged 17-20 to insure a car compared to £3,730 for men. These are the findings of the Confused.com/Towers Watson Car Insurance Price Index (Q4 2011), which is based on more than 4 million quotes.

Young people are feeling the impact most, with car insurance for young drivers seeing huge rises from the previous year. Regionally the picture is even more surprising: young men passing their driving tests in inner London can expect to be quoted an average of £5,523 to insure their car if they are aged 20yrs or younger which is more than 48% higher than the average for this group and 5.7% more than they paid in Q4 of 2010 meaning taking the time hunting around for the cheapest car insurance even more worthwhile. Their counterparts in Manchester and Merseyside fare even worse, with average costs of £5,724 facing them to insure their cars when they throw away the ‘L’ plates, a shocking rise of 10.6% year-on-year (Q4 2011 compared to Q4 2010). A 17-20 year old female in inner London can expect to pay £3,261 on average: a rise of 4.4% year-on-year, and they are paying an average of £3,307 in Manchester/Merseyside – a 9.9% rise year-on year. A high cost, but this is still more than £2,000 less than men of the same age.

When a driver adds another person to their comprehensive policy, average costs come down, so a 17-20 year old man pays £3,907 (UK average) as the only driver, but when they add on another driver the costs fall to an average of £3,345, a saving of more than £500. For 17-20 year-old women the UK average is £2,046 if they are the only driver and this falls to £1,819 for 17-20 year olds with another driver on their policy.

Comprehensive car insurance for women across all ages and regions fell marginally in quarter 4 of 2011 (-1.3%), but prices continued to rise for men, although by just 1% in quarter 4. Year-on-year, it was 61-65 year old men who saw the biggest jump in costs, with a 7.4% increase, bringing the average premium for men of that age group to £504. For women drivers it was the 26-30 year olds who saw the steepest jump in prices with 7.2% hikes, giving an average of £789.

Gareth Kloet, Head of Car Insurance for Confused.com commented: “From December, EU legislation will mean that insurers can’t use gender as a factor in setting prices. The differences highlighted in our report show that there is still a huge disparity between what men and women are being charged for their car insurance. Insurers clearly still have a long way to go to comply with the new legislation. It’s more important than ever to shop around and we’re committed to making it easier for people to save money on their car insurance.”

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BMAC Finance Releases Their List of the Top 5 Most Dependable Cars on the Road Today

BMAC Finance, known world-wide for financing quality vehicles for drivers with bad credit, also gives valuable advice in an ongoing blog. In their latest blog post, the customer service team gives their opinion for the top 5 most dependable car brands on the road today.

“Even with a new car, you can’t be 100 percent certain that you won’t have trouble as soon as you drive it off the lot”, said Jose Felix, Finance Manager for BMAC Financing. Felix also added, “With more people feeling the pinch of government cutbacks, finding the funds to afford auto finance is tougher than ever. So when making the purchase of a car, you need to make sure it will turn out to be a dependable vehicle that won’t cause you any unnecessary future expense”.

According to a recent survey by J. D. Power and Associates, the Ford – Lincoln brand drives in at the top of the list. This manufacturer has now been crowned the winner for four years in a row. The four remaining places in the top 5 rankings were won by Lexus, Jaguar, Porsche and Toyota .

However, many cars failed to make the grade and found themselves at the bottom of the list of dependency. Mini, Jeep, Land Rover, Dodge and Chrysler were named as the five least most dependable vehicle brands in the survey.

According to the blog post, “One of the main reasons vehicles are more dependable now is because manufacturers have began engineering vehicles and parts to last longer. Fuel, water pumps and engines are now developed to last well over 100,000 miles”. Some of the top brands in this survey have made vehicles that have been known to keep running after 200,000 miles or more.

BMAC Finance leads the way in auto loans for bad credit as well as car loans for bad credit. To read their blog for more great tips and to find out more about their services, please visit: http://www.bmacfinance.com/.

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Payday Express Hold Graduate Recruitment Day To Grow Analytics Department

UK provider of cash advance loans, Payday Express, has held its first graduate recruitment day to attract young analytical talent to its rapidly expanding company.

The payday loan company invited 15 university graduates to attend the day and to undergo an intensive assessment process, consisting of a group task, presentation, interview and case study discussion. The objective of the recruitment day was to find promising analysts to join Payday Express’s analytics team, to help support and shape important business decisions.

After the gruelling process, one candidate was successful and has been offered the position.

Tim Trailer, managing director of risk and analytics, said: “It’s important to put a lot of effort into making sure we recruit the right talent, as the risk and analytics team plays a crucial role in giving management the information it needs to make business decisions, and in ensuring our processes are optimised.”

Analytics has been identified as a key focus area for the payday loans lender in 2012, with the aim of optimising operations and business strategy based on in-depth reporting and analysis.

The business plans to hold regular recruitment days, to offer high-achieving graduates entry level positions within the analytics team.

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Leading Payday Loan Company Implements New And Improved Induction Plan

Payday Express, a UK provider of payday loans online, has announced the implementation of a new and improved staff induction plan.

The move was made to ensure that staff training and development remains high on the agenda for Payday Express, a business that prides itself on understanding the value of ensuring all staff are equipped with the knowledge and skills they need to effectively and efficiently carry out their roles.

Richard Turner, HR adviser at Payday Express, said: “Payday Express is passionate about learning and development and makes every effort to ensure that this starts from the moment a new recruit joins the organisation.”

The induction, which marks the start of a training programme, involves being introduced to the company, its mission statement and its principles, before being given extensive training on anti-money laundering, data protection, customer service, learning styles and other key skills and knowledge areas.

After a revamp of the process by operations manager Sarah Carroll and group trainer Emma Furlong, the induction is now much more interactive and people-focussed – a change that has been introduced to ensure all new starters feel part of the team straight away. While the old induction programme involved open discussions, the new one takes interaction to a new level by incorporating group break-out tasks and quizzes designed to ensure that information has been taken in and understood.

The process also involves interaction between experienced team leaders and new starters, after which each group of new employees must deliver a presentation on what they understand about the different roles and teams within the company to be.

Sarah Carroll of Payday Express said: “Getting the new starters to engage with tenured staff is very effective as it means they’re not passively absorbing information and instead are actively participating in their own learning.

“So far this has proved to be a successful addition to our induction programme,” she added.

Group trainer at the payday loan company, Emma Furlong, said: “The induction is beneficial as it provides a great platform for new starters to integrate into the company, and gives them knowledge and insight into company values and functions to foster the right mindset for their role and future career.”

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Exciting office expansion planned for Payday Express

Provider of payday loans online, Payday Express, has announced plans to expand its current office space, in line with plans to grow the business with the arrival of 17 new starters in February.

The payday loan company moved to its current location from smaller premises in April 2011, choosing offices that had the potential for expansion in 2012. With all teams within the business now at full capacity – due to significant and rapid business growth – work has begun on preparing the additional office space for the relocation of the collections department by the middle of this month (February).

The relocation of this department will mean not only that it has room for further expansion, but also that the contact centre and business development teams have room to grow into previously shared office space.

Another team set to expand in 2012 is the analytics team, which recently held a graduate recruitment day and has plans to hold future events to find even more talented individuals.

Operations manager at Payday Express, Sarah Carroll, said: “Increasing office space is a positive sign that the company is growing, and that more opportunities will open up for new staff to join us and for existing staff to continue developing their careers.”

Payday Express has also announced that there is scope to take on more space in the building they currently occupy, which will enable further expansion later on in the year.

Marcus Tibbals, contact centre team leader, said: “It’s very exciting to work for such a fast paced and high growth business.”

The company, which offers payday loan applications online, plans to hold regular recruitment days as soon as the new office space is ready.

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Payday Express sets up contact centre support team to improve customer service

Payday Express, UK provider of cash advance loans, has restructured its workforce with the aim of dedicating further resources to customer care and support services.

This week, the payday loan company set up a new contact centre support department to take on administration duties previously performed by the customer services team, with a view to freeing up valuable time for advisers to be on hand to answer customer calls with increased efficiency.

Administrator positions within the newly formed team were offered internally and five experienced contact centre agents moved into the new department, with one external recruit completing the new team. Experienced contact centre team leader, Alison Eller, moved across to become a support team leader.

“I’m looking forward to heading up the support team. They are people with very strong administration skills, who will help make the various contact centre functions more efficient,” said Alison.

The contact centre support team will be focusing on answering customer emails as quickly as possible, as well as carrying out all administration functions within the contact centre department. Agents in the contact centre can now focus on their core competencies and offer the best possible service in response to information and queries on payday loans.

“Payday Express is continually focused on having the right people in the right roles to optimise the service offered to our customers,” said contact centre manager Carl Mountain.

“Setting up a new administration department enables employees whose strengths lie in this area to specialise in this, and for us to bring in new talent, while also building up the contact centre teams with employees that have strong customer service skills,” he added.

The latest re-organisation of the business follows the decision made in October 2011 to create a business development department to improve the customer journey through the applications process.

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Monthly donations from Payday Express support Build Africa projects

Monthly donations from payday loan company Payday Express to development charity Build Africa have helped to set up two Village Saving and Loan Association (VSLA) groups and will help set up six more over the next 12 months.

The partnership began in September 2011, with Payday Express committing to support the charity in the regular set up of new VSLAs.

Build Africa describes VSLAs as self-managed groups that do not receive external capital and provide people with a safe place to save their money, access small loans and contribute to a welfare fund that members can draw on in emergencies.

VSLAs are currently being set up across Uganda and Kenya , with the help of volunteers from Build Africa as well as funds from Payday Express, as part of an ongoing project to give families the opportunity to save and invest their way out of poverty.

The Umoja B Savings Group and Upendo Savings Groups have already been formed with financial help from the emergency payday loans provider and each already has more than 30 active members. Both savings groups meet once a week to discuss the savings accumulated and to agree on how the money can be most wisely invested. For example, a business that is selling soft drinks in a local village can be extremely lucrative when the nearest town or trading centre is more than 3km away, and such a business can be supported and grown with help from a VSLA.

Sarah Carroll, operations manager at no fax payday loan lenders Payday Express, said: “The donations the company regularly provides to Build Africa are helping communities in Africa transform their futures.

“We look forward to receiving regular updates from Build Africa about the savings and loans groups that have been set up as a result of Payday Express donations. It feels really good to work for a company that is determined to help those less fortunate to save and borrow money to improve their lives.”

The Build Africa VSLA projects have already helped more than 30,000 people in more than 1,000 VSLA groups.

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Payday Express launches daily industry news portal

Payday loan company Payday Express has launched an industry news portal to give customers the latest daily news on everything from general credit and savings stories, to energy prices and consumer behaviour, spending and saving.

Each day experienced in-house journalists will write and publish interesting and pertinent articles to the Payday Express website, covering topics the company believes are relevant and interesting to customers.

News stories already featured on the Payday Express feed include: “Families urged to place children’s cash gifts into junior ISAs” and “Boost for overseas travellers as banks axe currency fees”.

Of the daily news feed, Liam Hills, an account manager at Payday Express, said: “I really enjoy reading the daily news articles and am sure that customers will find them informative too.”

Payday Express is hoping the daily news will inform customers and provide them with a one-stop-shop for all finance and consumer behaviour news and views, complementing the general information already available on the website.

Sarah Carroll, operations manager at the no fax payday loan lenders said: “We are always aiming to make improvements to the overall service we offer our customers, from the website through to our contact centre.

“This news service gives customers visiting our site the chance to keep up to date with current and pertinent news.”

The emergency payday loans provider is also planning to launch a blog in the New Year, with a view to offering quick and easy money-saving tips and more.

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Mortgage Network of Ohio Plan to Assist Ohioans Everywhere Find That Perfect Mortage

Unlike banks, the Mortgage Network of Ohio believes that when it comes to finding the perfect mortgage, there is always more than one option. They’d now like to pass this message onto Ohioans everywhere.

The company, one of the State’s leading Mortgage Lenders and mortgage Cincinnati, are currently doing business across the area. So much so that they’ve recently worked hard to improve on what they specialize in, in order to offer an even better service to buyers.

“At The Mortgage Network of Ohio, we believe that our clients should have more than one option on a Mortgage. We will take their application, work every possible scenario, then offer them options of loan programs available to meet their needs. Our objective is to maximize the profitability of the homeowner’s experience by eliminating the hassle of shopping.” – says Jeff Steinacker, president of the Mortgage Network of Ohio.

The company has a long history of helping thousands of families in the Ohio, Kentucky and Indiana region find their perfect home financing option – and have a strict process they adhere to with each application. This expansive service and investment in time ensures that each client finds a financing option that suits their needs, timeline and budget.

“Essentially, our ultimate goal is to help everyone get the keys to their dream home as quickly as possible. We can also assist them with refinancing, debt consolidation, home improvement, home loan Cincinnati, FHA and reverse mortgages” they say.

To find out more about the services that the Mortgage Network of Ohio offer, to speak with one of their experiences and skilled staff and to get yourself on the road to that set of shiny new house keys, please visit them online at:themortgagenet.net/

Via EPR Network
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Payday Loans Company Makes Strides With Recycling Programme

Payday Express has long since recycled paper and toner cartridges and made steps towards having a paperless office, but has now expanded its recycling efforts further with a new general waste recycling program.

Disposing responsibly of waste paper was only the start of Payday Express’s efforts to minimise its carbon footprint, and it has now teamed up with Revolution Recycling, a London-based provider of recycling services for businesses.

This now means that Payday Express and their staff can further reduce the negative impact on the environment by recycling their thin card, plastic, metal cans, and glass, and staff are impressed by how easy it is to be more environmentally responsible.

Administrator Kristina Winch said that the company-wide approach to improving awareness of what could be done was paying dividends.

“We have gone from strength to strength as a company in the way we have changed how our staff are encouraged to think about the environment”, she said.

“This new set-up will help us all play a bigger part in our ongoing efforts to protect the environment.”
And Payday Express, operations manager Sarah Carroll added: “Expanding our recycling policy is part of the company’s ongoing commitment to environmental responsibility.

“Hopefully, now that they can see how easy it is to play their part, staff will take the recycling message home with them and put it into practice there too.”

Via EPR Network
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