“We know that people have seen very tough time,’ said the CEO of EasyLoansUK, “and that is why we have decided to offer an additional discount on interest rates. This recent announcement has brought in a barrage of applications.”

Online lenders generally lower their interest rates on their financial products during the festive season, but this trend was visible until the pandemic broke out. This is the first time after the pandemic outbreak when an online lender has thought of offering an additional rebate on the interest rate.

This is the best news for both types of borrowers: good credit borrowers and bad credit borrowers. “We have seen a rise in the applications of bad credit borrowers after the announcement was made. Bad credit borrowers often struggle to get money at competitive interest rates and this is why we decided to lower down our interest rates during the festive season,” said the CEO of EasyLoansUK.

“We understand that everyone should enjoy the spirit of the festival and no income barrier should come in the way. This is why we welcomes applications from all types of borrowers including those who applied for loans for unemployed people,” he further added.

EasyLoansUK has become one of the leading online lenders, and it is expected that the lender will come up with innovative financial products. EasyLoansUk offers all financial products without charging upfront fees and hidden fees.

This is also one of the reasons why this lender is able to lend money at lower interest rates than the market rates. All of the loans that the online lender offers to all types of borrowers fall in the category of loans with no fees.

Another advantage that people can leverage by borrowing money from this lender is that they can avoid paying broker fees.

No additional fees are charged, even in the case of a bad credit rating. This is why these loans are known as no broker loans for poor credit. Borrowers can find all types of small loans available at better interest rates than the market rates if they approach EasyLoansUK.

About EasyLoansUK

EasyLoansUk is an online lender that lends money at affordable interest rates. As the name suggests, this lender is based in the UK and lends all of its financial products across the UK. Compared to other online lenders, this lender offers loans at affordable interest rates.

Whether borrowers have good credit rating or bad credit rating, they can take out money at affordable interest rates. Though bad credit borrowers will get money at slightly higher interest rate than good credit borrowers, people can still get money at lower interest rate.

EasyLoansUK is one of the most prominent direct lenders in the UK. It is expected that this lender will use its innovative approach to make its financial products more innovative. It is expected that the lender will make it to a notch higher in coming years.