Thursday, March 14, 2019

4 Signs You’re Getting a Great Personal Loan

4 Signs You’re Getting a Great Personal Loan


Not all loans are the same. Some are better than others, and some are truly great and will change your life. So how do you know you’re applying for one of the better personal loans? There are lots of signs, and it helps to do your research before you sign on the dotted line, or e-sign virtually as the case may be. Check out these four important signs that you are getting a great deal, the best loan for you, and the cash solution that really works.

1. You can apply for the personal loan at your convenience.


The first important sign that you are applying for a great loan, one that is going to work for your money needs is that you can apply whenever and wherever you want. Gone are the days when you have to go to a bank or storefront to get a loan. You no longer have to apply for loans during restrictive business hours when you need to be at work or with your kids. A great personal loan is one you can get online or through a mobile app so that you can apply when and where it works best for you and your personal schedule.

2. Personal loans that let you choose the amount are the best.


Traditional bank loans never give you many options for the amount you’ll borrow. And most of them are large loans, potentially much more than you need. When you need cash to deal with a couple of weekly bills, to cover rent for the month, or to buy the groceries and put gas in your car, you don’t need a big loan. A big loan can get you into more debt than you can reasonably handle. You’ll know you have a great personal loan when the amounts actually match your needs, when you can borrow just $500 or $1,000.

3. The best personal loan doesn’t require a perfect credit score.


Many, many lenders require that you have a minimum credit score just to be considered for approval. For a lot of working Americans this bars access to those loans. The best personal loans are those that focus on more important factors that indicate whether or not you can afford the amount you’re borrowing, like how much you earn and your job history. Don’t settle for a lender that gives you a hard time about credit score. Choose a better personal loan and actually get approved.

4. A great personal loan supplies cash fast.


The best lenders know you’re in a hurry to get money. They provide loans that are fast and easy to apply for, get approved for, and get funded. With a good, online personal loan expect to get the cash you need by the very next morning after you apply, as long as it is a business day. Other lenders can’t offer such a quick turnaround. This and the other factors are what you need to know that you are getting the best loan possible.

Thursday, March 7, 2019

Why You Need to Ditch the Loan Office and Get a Personal Loan Online

Why You Need to Ditch the Loan Office and Get a Personal Loan Online


A lot of people ask, “Where is the closest loan office near me?” when they need cash. When you need extra money, try asking a different question. Ask, “How can I get a loan faster and more easily?” The answer is that you can get a personal loan online instead of in a loan office and get faster cash, easier approval requirements, and a loan that works on your schedule, not that of an office or a bank.

Online Personal Loans Are Available at Your Convenience


When you get a loan through a bank or local loan office, you have to work on their schedule. You can only go in and apply during normal business hours. This limits the availability of a personal loan. Many people work during those hours, and some people even work multiple jobs with very little time in between to spend at a loan office. What you get with a personal loan online is a loan that is much more accessible. You can access the application whenever it is more convenient and possible for you: between jobs, on your lunch break, at home in the evening, or even on the weekend.

Is There Even a Loan Office Near Me?


Another way that online personal loans make borrowing more accessible for everyone is that you may not even have a loan office anywhere near where you live or work. But an online loan is available everywhere. As long as you have access to a computer or mobile device, you have access to this loan. It opens up the door to borrowing to so many more people.

An Online Personal Loan Gets Cash to You Fast


A great reason to use an online personal loan instead of a traditional loan from an office or bank is speed. Convenience and accessibility are important, but so is timing. If you can’t get the cash from a standard loan for a week, what’s the point? You need cash now, to pay bills tomorrow and the next day. With an online loan the entire process is fast, and that means you get money faster. Lenders make virtual transfers to get cash in your bank account by the next business morning. Most people see the money within 24 hours or less.

Getting a Personal Loan Online is Easier


Accessibility, convenience, and speed mean nothing if you have no chance of being approved for a loan. But that’s not a problem with an online personal loan. With a standard loan from a bank or loan office, you’ll have to jump some pretty high hurdles to get approved, especially the one that says your credit score needs to be a certain number. With this loan, though, credit score is rarely even considered. Requirements are simple for getting approved: have a job, have a regular income and payday, and have a bank account. With these things you can get approved and get your cash online, fast and without ever setting foot in a loan office.