Monday, November 12, 2007

Traditional Bank Loans Vs Online Loan Companies

In recent years obtaining loans online has become a new and somewhat unknown reality. Years ago one would make appointments with their bank lenders and obtain loans the so-called old fashioned way. But in this fast paced world, people want instant gratification. Nobody wants to wait for approval, they want to know the outcome instantly. And for those who only want a small personal loan obtaining one has become even easier. Cash advance loan shops are popping up all over, reminding me of the Starbucks craze. Even online you can easily find payday loan sites that are eager to help folks whose payday check can't come quick enough.
So which is better, the traditional banks or online loan companies? It's hard to say, there is a place for both I think. When placing an View the rest of this article


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