CashAdvance.com Launches New West Virginia Loan Process Page

Jan. 25, 2012 - PRLog -- CashAdvance.com announces the launch of its new West Virginal Loan Process page, designed to better inform residents who may be considering joining millions of other Americans who’ve chosen payday loans to supplement their incomes during lean times. An anemic economy means that many West Virginia residents are struggling to keep their household budgets balanced. There are times when an unexpected bill or medical emergency will deplete even the most well stocked savings account.

Unfortunately for the residents of West Virginia, the state does not authorize payday loans. Therefore any short-term loan obtained in the state is not covered under the state’s consumer-protection policies.

“CashAdvance.com strives continually to ensure consumer protection by providing the knowledge and resources necessary for consumers to make informed financial decisions,” says CashAdvance.com spokesperson Hanna Wellman. “The Loan Process pages at http://www.cashadvance.com/west-virginia/loan-process are a wealth of information arming consumers with the knowledge necessary to preserve their rights while providing recourse to regulatory agencies capable of remedying fraudulent lending practices.”

The new West Virginia Loan Process page makes it clear that there are no licensed short-term lenders in the state; therefore, any loan offered as a payday or short-term loan is not coming from a legitimate lender. In most cases, these unlicensed lenders are actually predators attempting to take advantage of people who are in a financial crisis.

As long as payday loans remain unavailable in their state, West Virginia residents can refer to CashAdvance.com for other legitimate sources of cash. Credit cards, bank loans, pawnshops, vehicle title loans and employer paycheck advances are all legal means of acquiring needed funds. All of these options, though not optimal, are nonetheless legal in West Virginia.

According to leading CashAdvance.com financial news expert Adam Hilliard, "Our West Virginia Consumer Resource Process page at http://www.cashadvance.com/west-virginia will dispel any misconceptions or uncertainty surrounding the cash advance process in West Virginia, equip you with practical advice for averting financial crisis, answer your myriad loan questions, and ultimately guide you on the road to taking control of your financial future."

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CashAdvance.com was established in 1997 to offer people a quick, convenient, and secure method to get a cash advance online.