|By PR Newswire||
|January 22, 2014 06:20 AM EST||
SAN JOSE, Calif., Jan. 22, 2014 /PRNewswire-iReach/ -- Interest rate shifts are a product of Federal Reserve's policies and strategies. The Federal Reserve deploys an arsenal of powerful strategies to ensure interest rates are conducive to economic growth and business investment, while also keeping inflation rates in check.
In a recent announcement the Federal Reserve has assured that it won't be changing interest rates any time soon and also that it would continue its bond buying spree. During a press conference, however, Bernanke said that the Federal Reserve may end its bond purchases ($85 billion a month) if its economic forecasts are correct.
"Based on this announcement, we can expect interest rates to remain steady during the course of the next five to six months. Furthermore, companies like NationalLoans.com are taking proactive measures to ensure borrowers will be able to borrow at lower interest rates, irrespective of the Fed's shift in strategies. It remains to be seen whether the market will move toward higher interest rates after mid-2014, but we have instituted measures in place to ensure our company will continue delivering the lowest loan interest rates in the market," explains an excited James Shank, CEO and founder of NationalLoans.com.
The company shared three key strategies it has undertaken to ensure that after mid-2014, it will continue to offer extremely low interest rates on loans:
Diverse lenders serve borrowers. Diversification is the key at NationalLoans.com and it is probably the only site where you can find lenders serving various loan niches -- payday, cash advances, short term personal loans, bad credit, business, and car loans. National Loans appears to be assuming a mini marketplace in itself due to the wide number of options and a portfolio that mimics the national market, much like S&P.
Aggressive negotiation with lenders. In addition to its qualified pool of lenders, Shank's company actively negotiates interest rates with lenders. This ensures an extra layer of protection for borrowers, who are only too happy to take advantage of lower interest rates.
Possibility of locking-in interest rates. Some lenders within National Loans' marketplace have agreed to offer lock-in interest rates. Customers will be able to sign-up at the advertised interest rates thereby -- irrespective of how the market reacts to the Fed's financial strategies.
http://www.nationalloans.com/ is a large conglomerate of low-cost, low interest rate loan providers. The site is a one-stop destination for borrowers who need to borrow for emergency personal, financial, and medical needs but don't have a stellar credit history. Apart from its diverse pool of lenders, the site connects a dedicated team of customer service representatives who monitor the marketplace and provide world class service to borrowers.
For more information and to apply for a short term loan, visit http://www.nationalloans.com.
Media Contact: James Shank, National Loans Inc, (512) 571-3828, [email protected]
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SOURCE National Loans Inc