7 September 2018, London - The problem of unemployment is rising day by day in the UK. Most people are not able to meet the ends with the income and expenditure and the distinction between them. Credit Lenders is a well-known loan lender in the UK that promises to provide maximum approvals to the unemployed people through its quick loans for unemployed. To reduce the struggles of this section of unemployed people, it takes extra efforts to offer easy and fast approvals to the loans.

Earlier, when the lender usually took approximately, a week’s time to confirm the approval, now, the scenario has changed. The lender now takes just a few hours or maximum, a day to process the application. Additionally, it has also increased the number of applications accepted by it. The accepted application digits have increased from 67% to 74%, that is, an increase of 7% in the loan approvals. This resultantly has helped the people struggling to keep a balanced finance to gather the funds without much of hurdles and unnecessary hardships.

For the recent changes in the terms of the loans, a survey was held in order to know the positive and negative impacts of the same. Many people seemed happy enjoying the new benefits provided by the lender. They also expressed, that those who were not able to get the money earlier have access to it now. In addition, some of them stated, that the procedure to get the money has now become simpler as compared to the previous times. They do not have to spend hours making an application.

Alice Bridget, the marketing head at Credit Lenders, was recently invited to a conference where she was asked about the reason to such frequent changes in their loan policies. To the question, she said, “the demand for payday loans for unemployed was increasing and so were the struggles of the applicants. At Credit Lenders, we aim to take the best possible care for our borrowers. Their needs are urgent, to maximise the welfare, we thought to increase the number of our loan approvals. In addition, we tried to reduce the time taken for making a loan application. The changes have helped the unemployed people across UK to a great extent. We look forward to make similar changes in the future as well, to benefit the loan borrowers.”