Personal Loans Q&A
Question: When I apply for personal loans online, how long does the process usually take?
Answer: As soon as you submit the loan application on our site, your application is immediately transferred to a qualified loan professional that will assist you in getting the best loan available to suit your needs. To make sure you get the fastest possible response, double check the information you give on the application. Inaccurate information leads to delays in processing your personal loan.
Question: Will I need a co-signer to be approved for personal loans?
Answer: This all depends on your personal financial circumstances. In the majority of cases, a co-signer will not be required, but those with bad credit may be asked to have a co-signer on the loan.
Question: Are there restrictions on what I can use the loan for?
Answer: Absolutely not, you may use the money how you wish. Many people get personal loans to pay for education, home improvements, and to pay off other debts. How you spend your money is totally up to you.
Question: Is it better to get a personal loan or a payday loan if you only want to borrow a small amount of money?
Answer: A payday loan is a good option for short-term personal loan needs, however, you are required to pay the entire amount of the loan off in a short amount of time (usually less than 30 days). If you want a loan that you can pay back over a longer period of time, most people usually prefer personal loans.