London, England United Kingdom (PressExposure) May 16, 2011 -- Payday loans have become a popular short-term financial solution. Online payday loans can be procured in hours and a borrower need not waste time in completing tedious paperwork or standing in queues.
Choosing the right lender from a sea of credible and fraudulent lenders is vital. A borrower may get confused when deciding which lender to choose when applying for an instant loan online. Additionally, an individual who needs a loan has to also make a decision about the most suitable type of loan. Compare the Lenders is an online payday loan comparison website that features the most popular payday loan lenders in the UK. There are hundreds of new payday loan companies on the market and Compare the Lenders enables you to choose the best lender who offers the most competitive deal.
An individual looking for a loan can view the list of lenders featured on Compare the Lenders along with the ratings and the APR% rates charged by each lender. Additional details such as repayments, fax requirements and credit checks are also provided here. After selecting the type of loan, the borrower only needs to apply for the loan directly from this site and fill out the application form. Compare the Lenders provides a list of direct lenders only and brokers are not featured here.
Compare The Lenders also categorizes lenders by Sameday Service, No Credit Check and Fax Free to help a borrower make a quick decision. An individual who needs a loan and has a bad credit rating can also choose from the "No Credit Check" lenders displayed on Compare the Lenders. For those who wish to avoid the hassle of faxing documents, the lenders displayed under "Fax Free" could serve the purpose. For more information, please visit http://www.comparethelenders.com/.