What Are Personal Loans Or Installment Loans?
Personal and/or installment loans typically range between $100 and $40,000. They can be used for almost any personal expense, from paying off credit cards and medical bills to financing home repairs or even a much-needed vacation. Personal loans are commonly called installment loans because they are typically paid back in monthly or bi-monthly installments over an extended period of time. They can be a convenient alternative to bank loans or high-interest credit cards, with online loan request forms and no-hassle automated repayment.
How Much Will The Loan Cost?
The lowest APR is 6% and the highest APR not greater than 35.99% with terms from from 6 to 36 months. The cost of the loan and Annual Percentage Rate (APR) depend on several factors including but not limited to, credit history, stable source of income, and state law. Your APR also depends on how much you want to borrow and how quickly you want to repay the loan.
The terms of your loan are disclosed during the loan request process when you are directed to the lender's and/or lending partner's loan agreement. This information is strictly between you and your lender and/or lending partner. Not all customers will be eligible for a loan or meet the criteria to receive the best terms or lowest interest rate.
How Much Can I Receive?
Qualified loan amounts can vary and are based on personal eligibility. Approved loan amounts can range between $100 to $40,000.
Will Personal Loan Lenders and/or Lending Partners Perform Credit Checks On Customers Looking For Cash Advances?
Companies that offer personal loans and cash advances typically do perform credit checks. Personal loan companies will check your credit through national databases that track consumer lending transactions (such as Teletrack, DP Bureau, or DataX) or through the three major credit reporting bureaus (Experian, Equifax, and Trans Union). However, loan review procedures do vary by company.
How Soon Can A Personal Loan Or Cash Advance Be Made Available?
The time it takes to process a loan and transfer or ACH funds into an individual's account varies with each loan company, and also depends on the financial institution where the customer has their bank account. However, approved individuals can often receive their loan as soon as the next business day after approval.
When Does The Personal Loan Or Cash Advance Need To Be Repaid? What Happens If A Customer Can't Repay The Loan On Time?
Repayment terms, including dates for repayment and any fees chargeable in the event of a rollover, etc., vary for each company that offers loans, and it is essential that you review all of these terms and conditions before entering into a loan agreement.
What Services Are Provided By The Operator Of This Website?
The operator of this website is NOT a lender or lending partner, and we do not make credit or loan decisions. We provide a cash advance and personal loan online referral service on our website. If a customer is looking for a cash advance or personal loan online, we help connect them with a marketplace of companies who offer personal loans and cash advances. Our website features a secure form requesting information that lenders and/or lending partners within our cash advance and personal loan referral marketplace will use to decide whether they want to offer a customer a cash advance or personal loan. The information that they need in order to make cash advance or personal loan decisions about each customer includes name, address, home and work phone numbers, and email address. They also need a customer's birth date and social security number to comply with the US Patriot Act. The operator of this website can be reached by mail at Lending For Bad Credit, 6709 W. 119th Street #338, Overland Park, Kansas 66209, or by email. Customers can contact us if they want to discontinue using our loan referral service, or to change their communication preferences. Any questions about cash advance or personal loan amounts should be directed to the company from which a customer obtained his or her cash advance or personal loan.
What To Expect When Submitting A Request For A Personal Loan Or Cash Advance Online:
The operator of this website provides a referral service for customers looking for online loans. We do not make decisions about whether to offer any given customer a personal or installment loan. Instead, we connect customers who have filled out our secure online loan request form with our marketplace of lenders and/or lending partners that offer personal and installment loans. Not all lenders and/or lending partners can provide up to $40,000 or the amount of money you request. After a user of this website submits his or her information onto the secure online loan request forms, the companies in our marketplace that offer online loans will review the user's information and decide whether or not to offer the user a loan. The secure online review process usually takes only a few seconds, and if one of the companies in our marketplace decides it wants to offer the user a loan, then that company will either contact the customer directly to offer him or her a loan, or the customer will be immediately redirected to the website of the loan company. If that happens, the customer should make sure to carefully review all of the terms about the loan before deciding whether or not to enter into a loan or credit agreement, especially since loan terms and conditions (including fees, APRs, and repayment) can vary significantly by company. A user of this website is under NO obligation to enter into a loan agreement with any lender and/or lending partner, and if a user of this website is contacted by a company and offered a loan, the user is free to accept or decline any such offered loan at that time.