Click here to close now.

SYS-CON MEDIA Authors: Eva Belanyiova, tru welu, Blue Box Blog, Kevin Jackson, Peter Silva

News Feed Item

Payday-Loans.org Extends Deadline for Low Interest Loans to May 30

In an unprecedented move, Payday-Loans.org announced its decision to extend the deadline for low interest rate loans to the second quarter.

 

 

 

 

 

 

 

HOUSTON, Jan. 16, 2014 /PRNewswire-iReach/ -- Pragmatism dictates that sometimes a disease state may serve as its own antidote, and that apparently happens to be case this year for low interest loans. In a widespread move, millions of consumers are resorting to low interest loans as a potent weapon to reduce or eliminate longstanding debt. Many have successfully repaid the higher end counterparts and have started mobilizing the savings toward principal repayments, a move which many could not conceive of just until last year.

Apart from the practicalities of the strategy, consumers are increasingly adopting the opportunity to take advantage of low interest loans that may not remain that way for very long. Yahoo Finance recently reported that the federal government has been making monthly bond purchases to maintain interest rates at relatively lower levels. The government is apparently scaling back from the "financial honeymoon". While this trend may soon run out of steam for long term loans, short term loans apparently remain untouched.

Not surprisingly, financial markets appear to be eager to raise market rates in response to these changes. 2014, though, appears to be the final frontier when it comes to crossing the threshold for higher interest rates and that happens to be the primary reason why borrowers are eager to take advantage of prevailing interest rates, especially for long term loans such as mortgages.

"With short term loans, the scenario is completely different. In fact, we have extended our deadline for applications related to low interest short term personal loans to May 30, 2014. This was a necessary measure considering the qualified pool of applicants interested in applying for low interest rate loans in Q1 and Q2. Our initial deadline was January 31, but we have extended it so that qualified borrowers can take advantage of substantial savings," says Johnny Gordon, CEO and loans specialist with http://www.payday-loans.org.

http://www.payday-loans.org/ has been a super-specialist of sorts in the loans marketplace. The company has developed a strong reputation for offering rock-bottom, low interest rates to credit-challenged customers. In fact, their competitive pool of lenders have been catering to both the prime and sub-prime segments with equal dexterity.

Currently, nearly a third of the nation is plagued with credit-related problems and extending the deadline for these individuals is being hailed as a historic (but sound) strategy by many industry pundits.

"The markets are returning to normalcy and order and I don't see any reason why interest rates for short-term loans should be raised by any measure. It would be counter-productive to the direction the economy is headed toward," explains Gupta a number-cruncher and financial analyst with Gordon's company.

In addition to payday loans, Johnny's team offers a wide range of loan options, such as cash advance loans, auto loans, business loans, personal loans, mortgages, and several hybrids that cater to the specific needs of borrowers.

"Innovation is more than a culture with us. It is our fundamental philosophy," wits Gordon in his widely-recognized tone.

Media Contact: Johnny Gordon, Payday Loans Organization Ltd, (818) 533-1996, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE Payday Loans Organization Ltd

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
There is little doubt that Big Data solutions will have an increasing role in the Enterprise IT mainstream over time. 8th International Big Data Expo, co-located with 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - has announced its Call for Papers is open. As advanced data storage, access and analytics technologies aimed at handling high-volume and/or fast moving data all move center stage, aided by the cloud computing bo...
SYS-CON Events announced today that the "First Containers & Microservices Conference" will take place June 9-11, 2015, at the Javits Center in New York City. The “Second Containers & Microservices Conference” will take place November 3-5, 2015, at Santa Clara Convention Center, Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
“Will Jaya is a direct source for server integration and storage solutions. If you are looking for any specific configurations for a project we can help you configure based on your needs and requirements," explained Netty Goya, CEO of Will Jaya, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
"SendGrid sends about 15 billion emails a month and process all the events associated with that, about a trillion events a year," explained Aaron Beach, Senior Data Scientist at SendGrid, in this SYS-CON.tv interview at Cloud Expo, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Growth hacking is common for startups to make unheard-of progress in building their business. Career Hacks can help Geek Girls and those who support them (yes, that's you too, Dad!) to excel in this typically male-dominated world. Get ready to learn the facts: Is there a bias against women in the tech / developer communities? Why are women 50% of the workforce, but hold only 24% of the STEM or IT positions? Some beginnings of what to do about it!
SYS-CON Events announced today that SUSE, a pioneer in open source software, will exhibit at SYS-CON's DevOps Summit 2015 New York, which will take place June 9-11, 2015, at the Javits Center in New York City, NY. SUSE provides reliable, interoperable Linux, cloud infrastructure and storage solutions that give enterprises greater control and flexibility. More than 20 years of engineering excellence, exceptional service and an unrivaled partner ecosystem power the products and support that help ...
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that BMC will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. BMC delivers software solutions that help IT transform digital enterprises for the ultimate competitive business advantage. BMC has worked with thousands of leading companies to create and deliver powerful IT management services. From mainframe to cloud to mobile, BMC pairs high-speed digital innovation with robust...
ThingsExpo New York is offering a limited time FREE "Expo Plus" registration option in New York. On site registration price of $1,95 will be set to 'free' for delegates who register during special offer. To take advantage of this opportunity, attendees can use the coupon code, and secure their registration to attend all keynotes, ThingsExpo sessions, expo floor, and SYS-CON.tv power panels. Special FREE registration givess access to all DevOps, Containers and Microservices sessions as well. Regi...
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
The only place to be Nov 3-5 is Cloud Expo | @ThingsExpo | DevOps Summit 2015 West at the Santa Clara Convention Center in Santa Clara, CA. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT, Big Data and DevOps companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterprise. Speakers from all over the world will be hand-picked...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...
The 4th International Internet of @ThingsExpo, co-located with the 17th International Cloud Expo - to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA - announces that its Call for Papers is open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
"At Harbinger we do products as well as services. Our services are with helping companies move their products to the cloud operating systems. Some of the challenges we have seen as far as cloud adoption goes are in the cloud security space," noted Shrikant Pattathil, Executive Vice President at Harbinger Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.