Payday Loan Company Adds New Products
By J.J. CameronPayday Loan Writer
As student loan debt rises, it's good to know one payday loan company is doing something about it. LeadPoint Inc. recently announced the addition of three new categories to its growing roster of leads traded on its exchange.
The Student Loan Consolidation, Payday Loan and Consumer Credit Service verticals will enable both buyers and sellers to trade leads in real time on the LeadPoint platform.
LeadPoint’s Student Loan Consolidation category launches at an opportune time for lead buyers and sellers, given the amount of anticipated activity due to variable loan interest rates potentially rising as much as 40% on July 1st. There is also new legislation planned that will prevent current students from consolidating loans, meaning these instant payday loans could be the answer.
Payday loan leads is a large and growing category that funds over $40 billion in payday loans per year. The new LeadPoint platform enables payday advance lending companies and lead sellers to exchange leads for consumers who are interested in receiving cash advances using their paycheck as collateral.
