General Inquiries

 

Personal Loans Bad Credit FAQS


Top reasons why should I choose your service to apply for a loan over other lenders?

Here at personal loan bad credit, we work with a network of large direct lenders. Thus we make your job easy by enabling you to apply for each lender at one platform instead of applying individually. We ensure to offer you a better loan lender for your requirements!

How much does applying on bestpersonalloansbadcredit.com cost?

We offer services free of cost, devoid of any hidden fees.

How fast can I get a loan?

Usually, within one business day. This is otherwise known as same day loans. Once the loan is approved, the lender will transfer the money into your bank account.

What if I don’t have a bank account?

A bank account is a must-have thing when it comes to getting an online installment loan. If you don’t have one, you need to open as soon as possible.

Why do you need so much information from me? Is necessary?

An insight into customer background is necessary to induce the lender to make up their mind whether to offer you the loan or not. Don’t worry, the info you provide in the application form will be safe with us and prohibit any attempt of unauthorized use.

How to know if I am eligible for the loan?

In this matter, we try to give quick answers to your queries. That mean, you can get to know within seconds whether you are eligible or not. The answers will be flashed on the dashboard instantly.

Can I get a loan if I have a bad credit?

As we insist people having the good or bad credit score to apply for the loan, the norm for each of them will vary accordingly. But, we strive to get you the most convenient loan offers possible.

What loan do you offer?

At personalloanbadcredit.com, we offer quick personal loans, emergency loans for bad credit, cash advance loans and others.

Payday Loans FAQ

How much can get?

As you can apply for a sum up to 1,000$ for a payday loan, we insist you consider your financial situations and ask for the amount as much as you can afford to repay.

How do I get and repay payday loans?

This simple process begins with filling an application form on our website. Then you will be apprised about your loan approval queries and then you will have loan amount received in your bank account within one business day. And from the very next day, you will be informed about your loan repay timelines and you will have to abide that accordingly.

What if I can’t repay the payday loan?

It will be better to consult the lender if you are not in a situation to repay the payday loan on time. As an alternative, the lender could offer you an Extended Payment Plan (EPP) or a rollover.

What will the APR be? How is it determined?

Basically, the lender determines the APR while calculating the borrower’s background and the concerned state laws. If the state you reside in has capped payday loans, then the APR would not go beyond the cap.

What requirements do I have to meet to get a payday loan?

  • Be at least 18 years old
  • Be a citizen or resident of the USA
  • Must have an active bank account
  • Should have a regular income source

 

Instalment Loans FAQ

 

How much can I get in an installment loan?

As you can apply for a sum up to 1,000$ for a payday loan, we insist you consider your financial situations and ask for the amount as much as you can afford to repay.

Is there any possibility of getting my loan approved or getting a better loan by lying in the application?

Our lenders perform a strong credit check and do a thorough investigation of the borrower’s background before giving a loan. So strongly suggest you to not to opt for that. Once you get caught swindling, your chances of getting a loan will be diminished substantially.

How many installments do I have to pay?

This solely depends on the agreement that you the lender agree upon. Always choose the time period that suits you and your financial situations. Most of the time, the repayment period reaches 24months. With the completion of that period marks the culmination of the monthly payments.

Can I repay the loan earlier?

Yes, there is the possibility. This is one of the ways you can reduce the burden or even save money on interest.

Where can use the installment loans?

As installment loans are used for long-term purposes like home repairing, expenses for a family event and all, you can also use it for urgent cases also.

 

Personal Loans FAQ

 

What differentiates personal loans from Bad Credit Loans?

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Does it signify that I can repay the personal loan several installations?

Yes, you can repay in several installments as in the case with installment loans.

Where can I use the personal loans?

The personal loans are borrowed for personal needs like house renovations, covering wedding expenses and all.

How can I get a best personal loan with bad credit? Is it possible?

Yes. As you are running with the risk of bad credit score, the lenders might charge higher interest rates for customers having the history of a personal loan with bad credit.

 

Other Questions

What if I didn’t find the information I need?

For any other queries, please use the contact form. Thank you!

 

 

 

Contact us today, if you need any assistance!