Float Money Launches Zero Cost Loan Service in Connecticut
Innovative Online Shopping Club Offers Safer Borrowing for Consumers
Lexington, Kentucky (PRWEB) December 31, 2012
Float Money LLC today announced that its innovative shopping club providing cost-free loans is now available to residents of Connecticut.
Float is an innovative shopping network focused on improving members´ financial health. In place of offering cash incentives for additional spending, Float rewards shopping club members with a zero-cost line of credit that can be used for any purpose. Float´s online platform offers a safer borrowing alternative to high interest-rate credit cards and payday lenders. Its network of over 1,000 online and local merchants includes national brands such as Amazon, 7-Eleven, Sears and The Gap as well as New England retailers such as Stop & Shop. Members can purchase online through the Float Money website (http://www.floatmoney.com) or from its online gift card mall for in-store spending.
Float Money founder and CEO Shane Hadden noted that, “Float is excited to expand its services in New England to Connecticut, where members can enhance their financial health and borrow safely through a cost-free line of credit simply by directing everyday purchases through Float´s easy-to-use network.” Hadden also noted that, “Americans are cutting back on credit card use as they seek safer and less expensive ways to borrow. Float is a safe and easy way to build “rainy day” credit, protect your credit score and avoid high interest credit cards.” The Federal Reserve recently announced that credit card debt was down over 17% since the financial crisis began in 2008.
Founded in 2011, Float is an innovative shopping network focused on improving members´ financial health. In place of offering cash incentives for spending, Float rewards members with an interest-free line of credit that can be used for any purpose. Float´s new platform offers a safer borrowing alternative to high rate credit cards. Its network of over 1,000 online and local merchants include top national brands, boutiques, groceries, restaurants and gas stations. Float is based in Lexington, Kentucky and currently serves members in Kentucky, Ohio, North Carolina, Connecticut and Massachusetts. Float will be growing to other states soon. For more information, visit http://www.floatmoney.com
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/12/prweb10281405.htm