Popular online loan company now licensed to operate in 15 U.S. States
April 14, 2011 (Newswire.com) - This week Loan Shack, a premier provider of payday loans online, expanded its nationwide presence to include Kansas and New Mexico. Loan Shack is now licensed to lend in 15 states including Colorado, Idaho, Kansas, Louisiana, Missouri, Nevada, New Mexico, North Dakota, Oklahoma, Rhode Island, South Dakota, Utah, Washington, Wisconsin, and Wyoming.
"Since opening in 2008, Loan Shack has become the model for online payday loans," said Loan Shack CEO Chuck Brennan. "We make it easy to apply for and receive a loan and you never have to go to a physical store to do it." Loan Shack's licensing in Kansas and New Mexico bring its lending states to 15 with continual expansion planned in the next two years. "We plan to continue our growth and operate in every state possible within the next two years," said Brennan.
Loan Shack is a direct lender that is individually licensed and registered in each state of operation and complies with the regulations specified by that state. Loan Shack provides loans to people with good credit, poor credit, or no credit history at all.
Loan Shack offers secure and confidential, hassle-free payday loans. Applicants simply fill out an online application and receive an approval confirmation via email within a few minutes. The secure and confidential loans are direct-deposited into the applicants' checking accounts as soon as the next business day. Loan Shack payday loans provide customers with a short-term cash advance until their next payday.
Loan Shack is a division of DLC Empire, which includes Dollar Loan Center, a brick & mortar company providing signature loans in Nevada, South Dakota and Utah.