Manchester, England -- (SBWIRE) -- 09/09/2013 -- With so much controversy regarding Payday Loans in the U.K. at present, The Loan Crusader offers the best transparency in finding the most affordable short-term loan by comparing various lenders and showing the total payable amounts up front rather than comparative Annual Percentage Rates (APR)
At present they are able to offer access to a 0% loan up to £300 over a period of 15 days, this breakthrough in Payday Loans means that those that qualify are able to receive emergency funding without any interest charges or fees under the proviso that the payday loan is paid in full within the loan period.
Speaking with Ash Sethi, co-founder of The Loan Crusader, he commented; “The mission of The Loan Crusader is to give consumers the ability to view and compare the total costs of payday loans, we find that the comparative APR that Payday Loan companies are required to show by law in the U.K. can be misleading as this does not include processing nor administration fees that can actually make cheaper APR percentages more expensive, therefore ensuring that people can choose the cheapest loan suiting their needs.”
The current lender that The Loan Crusader offer via their site is Vivus, provides first time customers in the UK the opportunity to borrow £300 over 15 days with a representative APR of 0%, in other words new customers can take advantage of borrowing money at zero cost to themselves, when compared to Payday Loan giants Wonga who currently charge £51.33 for the exact same loan. This strategy of 0% loans for new customers is redefining the UK Payday Loan Market, allowing those that are in desperate need of emergency cash to borrow without any penalties.
For further information please contact:
MKT Hub PR
Alex Khan
Director
E: alex@mkthub.co.uk
T: +44 (0) 7973445830
About The Loan Crusader
Our Crusade... To instantly compare various payday loans, short-term loans, repayment and fees all from major trusted and approved U.K. payday lenders such as Wonga.com, Mr Lender, Payday UK, TXT Loan and Quick Quid.
The Loan Crusader will find the best deal to suit to circumstances and budget. We do all the hard work using our extensive database of trusted companies. Applying is straightforward and simple - our payday loan comparison system will search our extensive database of lenders and match you up with the best payday loan deal based on your needs and requirements.