EXETER, UK / ACCESSWIRE / January 4, 2021 / The ongoing COVID pandemic has seen a considerable change in the borrowing patterns. It has been noticed that nowadays, most borrowers are looking for simple, accessible short term borrowing solutions. This is because securing enough credit and making financial decisions is not an easy task.
Cobra Payday Loans is a UK based financial company providing simple and accessible short term borrowing solutions. The company is the trading arm of a short term financial service platform, Ready Money Capital Limited. These two companies operate to assist people in getting secure financial loans easily and conveniently.
About the company
Cobra Payday loans aim to provide tools to potential borrowers coming from different financial circumstances and those who have been turned down at other places to get loans quickly. At the same time, the company ensures it is compliant under regulatory norms like ICO and FCA. For customers who are from the United Kingdom, Cobra Payday Loans does not charge them any fees.
It offers an advanced loan matching service to all its customers. They can easily secure short-term loans through one application without going through the hassle of a traditional loan application setup.
Getting loans has never been so easy
Customers looking for loans can apply for them by providing their necessary information like name, home address, contact details, source of their regular income, etc. Once the company receives the completed application, it sends it to its partner lenders. The company works with many partner lenders, and it sends the application to each one of them. This substantially increases the chances of loan sanction and also reduces the overall turnaround time. Once any lender accepts the application, customers must sign an agreement post which the amount is transferred to customers’ bank account is a day or less. Cobra Payday Loans sends the application to many lenders, and only one of them accepts it, so it ensures the credit scores of its customers are not impacted negatively.
Cobra Payday Loans helps thousands of people in the United Kingdom with its simple and effective financial service. Someone desperately in need of money finds the platform much better than a traditional loan setup where it takes months to process a request. Customers can use Payday loans for any type of financial emergencies like a burst water pipe at home, a broken-down vehicle, private medical bills, home improvements and decorating, and much more.
Cobra Payday Loans has been successful as a financial lending company. The primary reason for their success is their customer-centric approach. Since the company does not charge any fees to its customers and provides them seamless service, many of its customers return to them and refer the benefits to their friends and family.
A lot of business critics question their zero-fee model. Their revenue model is different; their revenue comes from the lenders and not from customers. Every time a lender makes a payment to the customer, Cobra Payday gets a fixed percentage commission from that lender. With its quick service and zero-fee model for customers, Cobra Payday loans continue to deliver exceptional lending service to the UK people.
Company: Cobra Payday Loans
Contact: Media Team
Address: Woodwater. House, Pynes Hill, Exeter, EX2 5WR
Phone Number: +44 0800 0519121
SOURCE: Cobra Payday Loans
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