(EMAILWIRE.COM, July 26, 2012 ) Norwich,England -- Guarantor Loans Online (GLO), a UK-based lender that provides online guarantor loans to people that may have less than stellar credit or no credit at all, has released an all-new and streamlined version of itself, speeding up the experience considerably for its customers. More importantly, they rolled out a new application
process that allows their customers to complete a full loan application online without the need for paper documents; a process allowing them to turn around a loan application and pay it out in as little as a day.
"Our new online application process is revolutionising our customers journey with us, said Robbie Fowle, the Marketing Manager for Guarantor Loans Online. Not only can they apply with us quickly and easily without the need for paper forms, we can also get the loan into the guarantor's bank account on the same day!
GLO has also moved away from cheques and is now paying out all of their new guarantor loans using bank account transfers. This considerably reduces the delay between the loan being approved and the customer receiving their funds. This, along with other improvements re-enforces their goal to get your loan paid out within 24 hours.
GLO offers loans between 1,000 and 5,000 to first time customers, taking each application on a case by case basis. They prefer this rather than allowing a computer system to deny loans due to a fixed credit scoring system.
GLOs recent improvements allow them, a relatively small Company, to compete on a level playing field with its larger competitors; making them a great option for customers looking for a quick loan with outstanding customer service. Being a guarantor lender also provides an advantage over some more traditional lenders who may turn down prospective borrowers because of their finances. GLO will attempt to find a solution as long as the guarantor backing the applicant is suitable.
The guarantor loan company, which has been around since early 2010, is confident that these new services will go a long way to promote an improved relationship with the customers it already has, as well as allowing easier access to their services for new customers. It is yet another step towards giving our customers the streamlined experience they expect in 2012," said Fowle.
About Guarantor Loans Online:
Guarantor Loans Online was founded in February 2010 as a private lender working within England, Wales, and Scotland. It provides loans to people who have been turned down by banks or other more traditional methods of obtaining credit.
Guarantor Loans Online
St Crispins House, Duke Street
Norwich, Norfolk NR1 3RD
Phone Number 01603 828 828