Americans Seek Loans with Bad Credit as Corporate Profits Surge Leaving Workers Lagging Be

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New figures reveal a disparity between corporate earnings, profits and the average American income, leading to a greater need for bad credit loans and cash loans, reports LoansForBadCredit.net.

Recent statistics show that while corporate profits ascend to all-time highs, at the other end of the scale employee earnings remain at their lowest. Business Insider has released figures that depict the worsening personal financial situation of millions of American workers that will not benefit from corporate gains, being paid less than ever before as a share of GDP. In order to supplement their earnings, many turn to sites such as LoansForPoorCredit.net for free loan comparison services.

There remains an inextricable link between low earnings and poor credit. In a new report, CNN Money highlights the discrepancy between corporate executives with excellent credit scores and average workers with low or poor scores as the difference in pay between these two sectors has grown disproportionately over the last 33 years. In 1980, the pay of CEOs was 42 times higher than the average worker. By 2000, the gap had opened up to be 525 times higher.

As personal finances continue to cause difficulties for many, the lending criteria for cash loans from banks and other traditional borrowing sources become more restrictive. As an alternative solution, LoansForPoorCredit.net is an online loan comparison service that seeks to offer a lifeline to those consumers who may find it challenging to be considered for traditional finance products. The site has an application and matching platform that connects consumers to reputable online lenders that can offer unsecured loans to consumers with bad, poor or no credit rating.

LoansForPoorCredit.net commented on the Business Insider and CNN Money figures in the following statement, “LoanForPoorCredit.net is staggered to read statistics that demonstrate how corporations receive the benefit of their employees’ hard work without providing fair remuneration. Business Insider’s data also shows how the employment per capita ratio is at its lowest point since the 1980s, meaning that there are fewer employees now working twice as hard and for less. For those needing to find additional ways to feed their families and cover their expenses, our free, no obligation lender introduction service can make fast loans suggestions within minutes via our online application form.”

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Application for bad credit loans can be done so on the service’s McAfee Secure™ website: www.LoansForPoorCredit.net

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Website: http://www.loansforpoorcredit.net/

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Name: Sam Malka
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