1. Competition starts today

    Say what you’d spend £250 on right now – and stand two chances to win it!

    To celebrate having 10,000 applications since their launch, payday loans company Speed-e-loans.com are offering visitors to their website two chances to win £250 – and all they need to do is to send in a short video describing what they’d do if they had £250 to spend right now!

    The competition starts today and there are two ways in which submissions can win. The first is by being voted the Best Video as judged by Speed-e-Loans themselves.

    The second £250 winner will be the video with the most views by the closing date (all videos will be uploaded to the Speed-e-loans YouTube Channel).

    Gary Miller-Cheevers, CEO, from the company says: “To celebrate having 10,000 payday loan applications since our launch in February and because £250 is the highest amount first time visitors to our site can borrow as a payday loan, we thought we’d celebrate by running our video competition.

    “We also really like the idea of using web video as a way for our visitors to interact with us. Finding out in a fun way what kinds of things they would spend their money on is a great way to carry out some customer research. The competition idea is not only as a way to celebrate our success, but to incentivise responses and to make more people aware of our business in a fairly novel way.

    “We hope this will become more than a one off event and become an integral part of our reaching out to the online community.”

    The competition starts today and closes at midnight on May 28th – UPDATE -  a new competition is running now until Friday 31st December 2010. For more information, full competition terms and conditions and to see two example videos, please visit: http://www.speed-e-loans-blog.com/competition/.

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