GLENDALE, Calif., Aug. 05, 2022 (GLOBE NEWSWIRE) — RadCred, a loan broker, is launching its contactless lending platform for bad credit loans. Since its inception, RadCred has become one of the top choices for people applying for short-term loans due to its fast and hassle-free services.
RadCred acts as a channel or link between potential borrowers and the industry’s leading lenders. Individuals with credit scores below 575 or with a limited credit history are also eligible to avail Bad Credit Payday Loans from RadCred.
Choosing a lender is a difficult business. It is very convoluted with numerous formalities and checkpoints making it cumbersome. With RadCred, borrowers can use their bad credit loans to cover various expenses like debt consolidation, auto loans, medical expenses, and home repairs. In addition, they offer the cheapest mortgage rates in the area, allowing them to meet short-term financial needs while boosting creditworthiness.
RadCred was founded with the idea of bridging the gap between potential lenders and borrowers to facilitate loan processing. The team’s financial experts have developed a simple and easy process to connect both parties and provide a secure transaction. RadCred is a top choice among Americans because there are lenders that offer lower interest rates than traditional lenders. Choosing to be matched with the local lender makes it less of a burden for the customer to pay the borrowed amount.
RadCred has built a strong reputation locally and globally and is used by millions of Americans to pay for emergency funds, medical bills, educational loans, etc. The company’s clientele is growing rapidly due to fast services that ensure money transfer within 24 hours. The loan application process is straightforward. A small form confirming some essential details needs to be filled out and within seconds the potential lenders can be selected at will.
Cybercrime, including data breaches, is the most common financial crime today. Increasing reliance on digitization, nearly 55% of the population rely on online tools for their borrowing needs. Therefore, security plays an important role on online platforms as data breaches are possible, but RadCred makes sure its users stay safe from potential threats. In addition, RadCred recently announced its security update by integrating 2048-bit RSA protection on the website. This ensures the protection of valuable data of users applying for personal loans.
Referring to the company’s recent development, the CXO added: “Our customers have trusted us with all their data and personal credentials and we try to meet their expectations. improved contactless lending platform for bad credit. The company looks forward to supporting its customers with our 24×7 customer service. We are here to help our customers at any time.”
RadCred is an online platform trusted by millions of Americans that connects lenders and borrowers under one roof for a hassle-free transaction. However, RadCred is not directly involved in the credit process.
Since every four out of 10 Americans need more than $400 In the event of an emergency, it becomes all the more difficult for people to take advantage of traditional loan-seeking avenues, as this does not guarantee instant money transfer to their account. RadCred ensures you can pay for emergency services, vacations, medical bills, educational loans, etc. by facilitating the transfer of borrowed money in less than 24 hours.
With the possibility of local lenders on RadCred, it becomes all the easier to apply for the loan and pay a lower interest rate compared to other lending platforms in the market. However, matching with a local lender is not always guaranteed. However, there are certain requirements that are required to be matched to a local lender, but one can apply for the same through the company recommended method.