Most payday loans don’t go toward extravagant expenses or a new TV—they go toward monthly payments of credit cards, groceries and utility bills. Last week, the New York State Public Service Commission and the New York State Energy Research and Development Authority met to discuss strategies that most effect low-income residents. The cornerstone of these talks regarded affordable energy efficiency programs and bill payment assistance for low-income consumers. As a site offering comparisons between payday loan companies, one of the largest reasons for a loan request from CashFastLoans.Org comes from customers who wish to cover monthly utility bills.
The forum was held over two days last week, and it is the longest-running of its kind. Their goal was to increase assistance to eligible households through the Low-Income Home Energy Assistance Program (HEAP), especially during these difficult economic times.
If consumers do need to seek other assistance, CashFastLoans.Org offers personal loan rate comparisons and connections to companies offering payday advances using a fast and easy approval process. These loans can be used to handle emergency expenses, last minute bills or any other unforeseen event.
Gale, of CashFastLoans.Org added, “Low-income consumers often face struggles just handling monthly expenses like electric, heating and gas. Our customers often cite these as their primary reason for seeking a loan and we’re glad that state agencies are actively trying to protect these consumers.”
For more information, visit www.CashFastLoans.Org
About the Company
CashFastLoans.Org is a loan comparison website not a loan service company. Since launching last year, CashFastLoans.Org has offered a simple three step form online to get payday and personal loan comparisons quickly and easily. CashFastLoans.Org offers low interest loan comparisons from the largest selection of loans online. From short term payday loan and cash advances to hedge against unexpected emergencies to long term auto and home mortgage designed to finance prized asset purchases, lenders on CashFastLoans.Org offer highly customizable financial aid for almost any financial situation.
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