Houston, TX -- (SBWire) -- 11/05/2012 --Whether unexpectedly short on cash or a victim of the global economic downturn, the simple fact is that more and more Americans are finding it harder and harder to make ends meet. Payday loans companies have sprung up as a result of this demand, but many of them come with huge rates that can worsen an individual’s financial situation when they were desperate to improve it. Easy Online Payday Loan is a new website that has been getting a lot of attention lately for driving down the cost of payday loans. The site offers to broker payday loans across several companies to maximize competition and drive down rates, protecting individuals from loan sharks and other unscrupulous lenders.

The website is simple and easy to use, and the service can match a borrower to a lender in minutes. Individuals simply have to state how much money they would like to borrow, over what period and whether they would like the money deposited into a checking or savings account. From there, clicking “Get Cash” will inform payday lenders of the relevant information and encourage them to bid for the loan, with the best rate winning .

A spokesperson explained the many advantages a broker service can give to potential borrowers,

“We are completely independent from any banks or even other payday loan companies, because we are a broker service whose business is getting the best deal from banks and loan companies for our customers. We contact multiple lenders on our borrowers’ behalf, who then compete for their business, which allows us to find them the best possible rates. Since we opened for business, we’ve matched thousands of people to payday loan companies with the best rates in the industry. By using our online service, borrowers can save time and hassle, getting a loan discretely from the comfort of their own home at any time, day or night. They can even like us for our money on Facebook to receive preferential rates.”

About Easy Online Payday Loan
Easy Online Payday Loan makes its customers’ financial needs their only concern. They strive to provide the highest quality of service to ensure borrowers get the cash they need quickly and easily. They are there to provide solutions to everyday financial needs, and offer the most competitive rates on the internet as a broker service that drives prices down. For more information, please visit: http://www.easyonlinepaydayloan.com