Frequently asked questions
about personal loans

A personal loan is a type of unsecured lending solution that allows an individual to borrow money directly for a lender with out putting up any collateral, typically with fewer restrictions on who may take out the loan or for what purposes the money from the loan may be used.

Installment loans are a type of personal loan where the borrower pays back a loan in installments. Each payment is generally the same amount throughout the repayment term. When you apply for a personal installment loan, the term will be set for a pre-defined amount of time.

Under the umbrella of personal loans is an installment loan. It is a type of personal loan that often attracts people in need of money for emergency expenses. They are typical loans with short-term unsecured loan conditions.

Personal loans tend to be processed very quickly. Once you complete your application and the loan is processed, it should take less than a day for you to get your money.

Applying for a loan is very easy. You can go online to get a quick personal installment loan estimate, or you can give us a call to complete your application over the phone.

The best way to find a local branch is to apply for a loan. Once you are done with your application, you'll be connected to one of the local lenders in your area. This ensures that you'll be able to work with someone local while still benefiting from the speedy online application process.

No! There is no fee for applying for a loan, nor are there fees for processing the application or loan itself.

Good personal loans are very transparent with their fee structure. As such, there are no hidden fees. As an example, there is no fee for prepayment so you have the ability to pay off your loan early if that fits your budget.

Yes, you can get a personal loan even if you have bad credit. Credit is generally not the primary factor for this type of loan, though your ability to pay will be examined. You can apply for a personal loan whether you have good credit, bad credit, or even if you have no credit at all.

Personal loans offer competitive interest rates that are very similar to those offered by traditional lenders.

The major requirements for a personal installment loan include, having an active checking account, being able to prove your income, having valid identification, and you must be at least 18 years old to apply.

How much you can borrow depends on a number of factors, including your ability to pay. Every personal loan is different, so it's important that you submit your application and make sure that all of your financial information is correct.

Personal loan repayment terms tend to be very flexible. Depending on your needs and what you borrow, you can repay your loan over the course of several weeks or a few months.

A personal loan tends to have a lower interest rate and longer repayment term than a payday loan. As such, personal loans offer you a chance to borrow more and pay less, with more time to pay back what you have borrowed.

It is possible to get a personal loan if you can prove that you have some sort of documented income. This can include spousal support, disability payments, unemployment compensation, or even child support.

There are no limits on how you spend the money from your loan. Typical uses range from repairing homes to paying for dream vacations, with loan uses as varied as the people who take them out.