Tag Archives: Mortgage

Mortgage

Cash advances or pay day loans have become increasingly popular in these times of financial turmoil

Payday Power launched recently out of a growing demand for a safe and easy instant cash advance service that is regulated by government bodies that people in the UK can trust.

There is no arguing with the facts, the credit crunch and rising levels of inflation are hitting the British public’s pockets hard with banks becoming stricter making the availability of loans for people with bad credit ratings lower.

Many things such as an unexpected outgoing from a school fee to a car repair bill to even replacing a broken down washing machine can throw a household’s finances off course leaving people seriously struggling financially to cover mortgage and bill payments until their next pay cheque arrives.

It doesn’t have to be this way though, with Payday Power’s pay day loans, people can receive an instant cash advance boost the very same day they apply for it. A pay day (or cash advance) loan is a short-term financial fix designed to tide over the borrower until their next pay packet, whereupon they can clear the debt.

Payday Power’s easy-to-use and hassle-free service is completely online so there is no need to worry about faxing documents over and a decision is made to your application instantly online.

In addition, Payday Power is a completely ‘transparent’ service so that unlike many of their competitors, their pay day loans come complete with advice on the risks involved in taking out a loan so that effectively these risks are minimised compared to their competitors.

Emily Davidson of credit.com observes, “Pay day loans can be a good tool for quickly and easily borrowing cash during an emergency if you don’t have other financial options.”

For more information or to apply online for an instant cash advance payday loan please go to paydaypower.co.uk.

Via EPR Network
More Financial press releases

Mortgage Application Xpress by Woolwich

Woolwich has announced the launch of a new mortgage sales tool ‘Mortgage Application Xpress’ (MAX) which gives a faster, simpler and more efficient way to do business online. The new tool allows brokers to be able to confirm mortgage decisions at point of sale, certify ID and proof of address online, leading to speedier mortgage offers.

The new MAX tool from Woolwich will save mortgage brokers time as it’s a one stop mortgage application process, it is also intuitive so helps removes duplication and the potential for errors as well as telling the broker exactly which documents are needed to submitted with the application.

David Finlay, Woolwich intermediary business director said: “This strengthens our promise to the intermediary market to build on our service. The latest online sales tool is a result of feedback from intermediaries to provide them with a single platform for all mortgage sales related activities.”

Key features of MAX:

  • Mortgage decision at point of sale – an instant decision to give brokers confidence we can meet their clients mortgage requirements
  • ID and proof of address can be certified online
  • Application Credit Check (ACC)
  • Intelligent fields (so you can look up things like post and sort codes)
  • Notification of all documentation requirements at ACC stage meaning you save time
  • Intelligent, pre-population of data across multiple forms such as declarations, direct debits, cover sheet etc.
  • Intuitive, simple to use application forms
  • Slicker documentation and tools for example documentation that can be e-mailed to the customer, ability to save and file online, new quick calculations
  • Quick quote, Offset Calculator, BTL Illustrator

MAX is available on woolwichintermediaries.co.uk, brokers can find out more by contacting their IBM, calling 0845 070 1567 or visiting the Woolwich website to try the online demo. Brokers who are already registered for Woolwich’s online application systems will automatically have access to MAX.

The new site has recently been piloted by Contractor Financials, Mortgage Find and Concordia.

Via EPR Network

More Financial press releases