Their newly introduced Instant payday loan service will make loan application and acquisition a lot faster than ever before. Borrowers can apply for loans and have the funds deposited into their bank accounts on the same day if their application is approved.
Swiftloans is an online loan service institution known for providing borrowers with various forms of loans via the internet. The company operates on the internet and not through interpersonal interactions at corporate offices like conventional financial institutions. Through the internet they have helped potential borrowers to access instant payday loans online from different sources. This is made possible through the large network of online loan companies they work with chief among them being OZ cash loan company (a sister company).
In their bid to gradually evolve into a world class online financial institution, they have introduced to members of the public their new instant payday loan service. This service is one that seeks to reduce the time taken to apply and receive loan funds. The new elements introduced into this service offering will also benefit not only the borrowers but the lending companies as well.
The first service element of their instant payday loan service is the element of loan application speed. The application process applicants have to put up with a fast and easy. All they have to do is to fill a loan application form with their personal details. After completing the form, they are expected to submit the form via Swiftloans’ portal www.swiftloans.com.au . Application forms are not downloadable. They are available on the website and applicants can only fill and submit it through the website.
When it comes to providing documentation, they only demand for the applicant’s bank statement. The statement of account should be one that shows the entries of the last 90 days. With just this document, Swiftloans processes applications and gets back to applicants to let them know whether they qualify for their instant payday loan or not. Successful applicants are then requested to study the company’s terms and conditions and to sign loan contracts. Their bank account details are also requested for.
Once contracts have been signed and a valid bank account has been provided, the successful applicant can expect to receive the funds within the next 60 minutes or more. Slight delays may occur as transfers are subject to the customer’ financial institution.
To further improve the quality of service, repeat borrowers do not have to re-start a loan application process all over again when they come back for another loan. Swiftloans already have their data so completing the process and receiving the funds they need, can be done in less than half the time.
Interested borrowers who desire to take advantage of Swiftloan’s instant payday loan service can visit the company’s website to complete their application form. Through their website they can also submit their statements of account. All enquiries should be directed to the Contact US page on their website. www.swiftloans.com.au,
Suite 14, 50-58 Ross Street, Toorak, Victoria, Australia , 3142