John Emmons is a promoter of fair lending practices, a supporter of fair payday loans. The politician and his team are in the middle of a campaign that aims at informing potential borrowers about the pros and cons of loans. The ultimate goal is for customers to be aware of the benefits online loans may offer and make an informed decision in case they ever need to borrow money from payday lenders.
Mr. Emmons is a strong advocate of freedom in all its forms. Financial independence, in particular, is one of the priorities on his political agenda. He is concerned about the customers who do not get approval for personal loans because of previous debt. Having a poor credit score often denies the customers' access to a loan product from traditional financial institutions. Without other alternatives, consumers sell their goods at lower prices to get by, which is a serious setback in terms of financial independence.
The politician stated that online loans from direct lenders are often a last-resort option for most borrowers. Without in-depth credit history checks and complicated application requirements, online payday loans are some of the most accessible means of getting cash fast. To many Americans, a few hundred dollars make a tremendous difference in times of economic hardship.
John Emmons' efforts toward reducing poverty include supporting alternative financing options to the benefit of average and low-income Americans. Some of the reasons customers are at an advantage for using online cash advances include: