Released on: August 19, 2008, 5:50 am

Press Release Author: America Unsecured Funding

Industry: Financial

Press Release Summary: The demand for online bad credit personal loan products has
been steadily increasing over the last few years. Yet, if you go to your bank
looking for one, they may try to push a credit card application on you instead.

Press Release Body: This is because credit cards are a much more profitable product
for a bank to sell. But for the borrower, a personal loan is usually a much better
financial option. The fastest and easiest way to apply for a personal loan at great
rates today is to do it online. Online lenders have excellent personal loan programs
and the most hassle free application process.

A online bad credit personal loan is essentially an unsecured loan that can be used
for virtually any purpose. They are quick and easy to obtain. Personal loans are
generally associated with smaller amounts usually a few thousand dollars, but can
extend to over one hundred thousand dollars.

It is almost impulsive for American consumers today to use their credit cards when
they need credit. But this is the reason for the staggering credit card debt many
people are facing today. Credit cards have high interest rates couples with all
kinds of other fees plus annual charges that can quickly accumulate high debt.
Additionally, a swipe of the card can be difficult to account for and quickly
overturns a budget.

A personal loan will generally have a much lower interest rate and will allow you to
manage your finances more specifically. Plus you can have cash to use for anything.
See how easy it can be to get your personal loan online.

Web Site: http://www.venturecapital.20m.com/unsecured_loan_bad_credit.html

Contact Details: America Unsecured Funding
http://www.venturecapital.20m.com