Payday Loan Consumer Protection Page Comes to Delaware
Los Angeles, CA -- (ReleaseWire) -- 11/14/2011 --Cash advances are becoming a necessary way of life in the current economy. Consumers are finding that they need additional funds to cover an unexpected expense or to bridge a small obstacle in their cash flow. But with constantly changing laws and regulations, consumers can be unsure where to turn for reliable advice on short-term loans. The solution is being provided by CashAdvance.com. A trusted member of the loan industry for over fourteen years, CashAdvance.com has launched the Delaware Consumer Protection page to help residents understand the loan process and their rights as consumers.
“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Consumer Resource pages are a wealth of information arming consumers with the knowledge necessary to preserve their rights and providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”
Delaware residents will be relieved to learn that the payday loan business is governed by the Delaware Office of the State Bank Commissioner. The office location, phone number and web address are all located on the CashAdvance.com site for easy access when reporting a concern or complaint about a lender. It would also be wise to consider contacting this agency prior to doing business with a new lender or one that you are not familiar with.
As a result of the tight economy, many unethical individuals have chosen to take the opportunity to prey on uninformed consumers. They are misrepresenting themselves as legitimate lenders and are swindling consumers out of their hard earned money. The Delaware Consumer Protection page is a free resource provided by CashAdvance.com in an effort to educate the public and to decrease these predators ability to prey on residents that are simply attempting to financially better themselves.
According to leading CashAdvance.com financial news expert Adam Hilliard, "Our Delaware Consumer Protection page will dispel any misconceptions or uncertainty surrounding the cash advance process in Delaware, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future."