A personal loan may come in handy when you need financial help to perform home improvements, auto repairs, or even to refinance a loan. If you need a personal loan, you will always want to find a lender who will offer you the best option. We link our clientele to the most reputable moneylenders who will grant your personal loans under good conditions. When you complete the loan request form on our website, our lenders will review your request and send in their quotes. You do not need to spend time finding a money lender. We will help you get a moneylender of your choice. It is advisable to select a lender based on the loan amount that the moneylender is willing to give as well as the interest rate. Some lenders offer you an amount that is lower than the loan amount you mentioned in your loan request. You should choose a lender who is offering the amount you are requesting or an amount closer to the one you are requesting. However, we always advise that you should only apply for the amount you need even if you qualify for a higher amount. You should also compare the interest rate of the lenders before choosing a lender. Once you are confident of your choice, you can proceed with the lender.
Our lenders try as much as possible to make the application process simple. The entire process is online, and you can complete the application form within the shortest possible time. Even though lender’s requirements may vary, all our lenders have requirements they always expect from their borrowers. The borrower should be an American citizen. He or she must also be at least 18 years old and above and must have a valid government-issued ID card. The borrower must also have an active bank and/or checking account. The lender will also request for the borrower’s contact details and social security number. You must also prove to have a stable source of income if you want to request for a loan. Once you can provide all these, you can apply for a personal loan from our lenders.
Our lenders do not request for collateral. Some lenders only grant loans to people with good credit scores, but there are others who do not look at credit scores. Lenders who give loans to people with bad credit look at the borrower’s ability to repay the loan. Lenders can check this by verifying your source of income. You should provide accurate information when applying for the loan. Our website is safe, and we guarantee that the information you provide on our site is secure. When the lender approves the loan, the borrower may sign the loan request form to complete the process. The lender will pay the money into the borrower’s bank/checking account in as fast as the next working day.
Our moneylenders do not add any hefty interest rates and hidden fees to the total amount of the loan. They are transparent about the interest rates and fees that come with it. As a borrower, do not be shy to compute the loan fees and rates to be able to determine that you have the capacity to pay the loan on or before its maturity date.
If a moneylender asks you to pay for the processing fee and an interest rate before he grants and approves a loan, you must not proceed and never accept the loan offer. We are here to connect you to the most reputable moneylenders so will not pay cold and hard cash to any middlemen and fixers. The moneylender will also discuss the loan amount that you need to pay every month. Since the loan will be done in an installment system, the moneylender will help you decide the loan repayment interval schedule. Most of the loans are repaid monthly; some weekly, bi-weekly, quarterly, and yearly.
About the loan repayment terms, moneylenders are not flexible with the loan maturity dates. This is why our network of moneylenders will discuss the repayment method and interval schedule with the borrowers. Once the moneylender finalized the repayment terms, you must make sure to repay on or before the maturity date. Since the loan application is processed purely online, our network of moneylenders has the most convenient repayment options just for you. In fact, the loan applicant can repay the money straight into the moneylender’s personal account.
Take note that we do not assure you that our network of moneylenders will approve all the loan request applications. We highly advise all the borrowers to read the loan terms and conditions carefully before applying for the loan. Some moneylenders put limits and restrictions on where you can utilize the loan funds that you are about to receive. They also decide the max period of the life of the loan. Some lenders offer discounts if a borrower sets up automatic repayments. All of these are included in the moneylender’s terms and conditions.