CashCall Now Offers Consumer Loans of Up to $25,000.
ANAHEIM, Calif., Dec. 22, 2011 /PRNewswire/ -- CashCall is pleased to introduce a new $25,000 unsecured personal loan — more than twice as large a loan as the company's previous maximum loan amount.
CashCall has long been the best option for people in need of quick cash, especially for those with less than perfect credit. However, with the new $25,000 loan, CashCall provides a HUGE solution for people with good credit, when they want fast cash for any reason. The $25,000 loan is available at a 36% APR for a term of 10 years.
"We don't think personal loans are a one-size-fits-all product," said J. Paul Reddam, CEO and President of CashCall, Inc. "We've always had a range of different loan amounts, offered at various interest rates – all depending on the needs and credit score of our customers. We're excited to add the $25,000 loan to the top of this list."
CashCall's personal loans have mistakenly been compared to payday advance loans in the past, but in reality, they are completely different. Payday advances are limited to a maximum amount of $300 in California, and must be repaid over a period of 2-4 weeks. In contrast, CashCall's unsecured personal loans vary from $2600-$25,000, and because they are installment loans, they can be paid back through monthly payments over a period of time. Of course, consumers can always fully repay the loan at any time without any fee or penalty.
CashCall loans are processed entirely over the Internet, phone or fax, and funds are typically deposited directly into a borrower's checking account in 24 hours or less.
For more information, prospective borrowers are encouraged to visit CashCall's new website at www.cashcall.com
Contact:
Marc Dooley
CashCall, Inc.
949-752-4600
[email protected]
www.CashCall.com
CashCall Personal Loans offers high-interest-bearing, unsecured term loans to qualified borrowers who typically use the loans for one-time purchases and debt consolidation. These loans of up to $25,000 are processed entirely over the Internet, phone and fax, and funds are wired into the borrower's checking account typically within 24 hours. CashCall Personal Loans are a good alternative to Payday Loans for borrowers. While interest rates can be high, they are typically much lower than those of payday lenders, and CashCall Personal Loans have the potential to help customers rebuild their credit score by making payments on time.
SOURCE CashCall
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