Borrowers are advised to steer clear of the usual ‘payday’ loan offers. While they mean seem fast and appealing, Asteria Lending can offer a wide range of tailor-made personal loans with competitive interest rates at far better deals than any Pay Day can offer.
Higher interest loans have been shown to keep people trapped in a cycle of debt which can be difficult to get out of. According to a study by the CFPB (Customer Financial Protection Bureau), Pay Day loan customers can often end up paying interest in excess of their original loan amount. Don’t fall into this trap! A vast amount of these smaller loans can often escalate into a much bigger problem.
Many people are stuck in a situation with multiple credit card loans and a payday loan. This is a bad idea for two reasons. Firstly, you may find it difficult to keep track of multiple payments – causing you to miss a payment date and take on the dreaded late fees which are nothing short of extortionate with a lot of lenders. Secondly, you will no doubt be paying a higher than necessary interest rate on these types of loans. By taking out a personal loan with Asteria Lending and using this loan to consolidate any existing loans not only will you be saving money each month with more appealing interest rates – but this will also do the job of keeping your finances in a cleaner, more efficient system where you are focusing on making the single payment each month as opposed to multiple, all from the comfort of your own home.
Here at Asteria lending, we value all customers equally. New or not, we hope to meet your individual needs with optimal services and get the job that you need doing done, quickly, easily, safely and privately. Thank you for choosing Asteria, we will hope to see you using our online lending services in the future and look forward to providing you with excellent and satisfactory service soon.