How to Assess the Quality of an Online Financial Product
May 27, 2019
We often ask ourselves this question when looking at a new online financial product. We know nothing about it, and the one thing we are confronted with is its appearance. So, how to find out what is behind it and how to understand if the product is trustworthy?
Jonathan Savage, a Product Developer at Connected, has been engaged in the design and building of the product for over ten years. Jonathan is going to share two main tips on how to assess the quality of an online financial product from first sight.
First of all, it’s necessary to browse some website landing pages and check the structure and quality of the provided information. If the information is easy to understand, and it’s not questionable, then the product can be accepted with regards to the first paragraph.
After looking through the product website, you’re welcome to go deeper and check the quality of the company’s customer service. Perhaps, you may still have some questions regarding the provided details. Thus, you need to look for the company’s contact information and reach them out directly. Let it be a simple call, an email, or a request sent via the online contact form. This way, you’ll be able to assess the manner of dealing with clients and the quality of the service.
One of the best examples of a presentable finance-related website is PaydayAllDay online loans. The financial organization, based in Nevada, is designed to connect borrowers with the most reliable lenders. They are considered as one of the most trusted lending companies providing precise information.
PaydayAllDay created its website to make it easy to find all requirements and details about the online loan application process, as well as get acquainted with all cash advance options, such as same day payday loans, online line of credit, etc.
The principal CEO of PaydayAllDay, Theodore Jefferson, shares his advice and experience with new users and potential website owners:
Subscribe to Our Newsletter
Join the Thoughtworks newsletter list to receive curated content that exemplifies our Product thinking approach.
Related Posts

Fri Feb 3
Thoughtworker Spotlight: Justine Lachapelle
Justine Lachapelle is a world traveller, and we couldn't be happier her travels have taken her to us (likely her favourite product helped with that). But, whatever she is doing, there is one constant in Justine's life - people. When she's not earning more stamps in her passport, this health enthusiast constantly stays active, from hiking to snowboarding and everything in between. As Head of People in Canada, you can find her working with the People team, constantly ideating, implementing, and supporting new initiatives and programs like remote-first work and work abroad programs for Thoughtworkers across Canada. Did we give you enough information to guess her favourite product? We didn't think so either. But you can click below to find out in this week's Thoughtworker Spotlight.

Fri Jan 20
Thoughtworker Spotlight: Jason Zheng
Who better than Jason Zheng to jazz (or should we say, Jepsen, as in Carly Rae) us up this January? Whether he's delivering product impact to our clients or coaching and mentoring future generations of engineers, his skill, dedication and passion always shine. When he's not busy wearing iconic nature landmarks shirts (or looking for new ones to add to his collections), you'll find Jason cooking up new recipes, gaming with friends, or savouring in the runner's high. Now, can you guess what his favourite product is? Here's a hint: he can spend hours with it and has not parted with them even after discontinuation, buying multiple pairs as backup.