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online form and Credit Requirements
After a trusted lender contacts you, they will typically request several documents to verify your identity, address, and employment status. The most commonly requested documents during a personal loan application include:
- Proof of Identity
- Employer and Income Verification
- Proof of Address
- Othe documents they may find relevant
2
Loan Application Review and Approval Process
Each borrower’s financial situation is unique, so there is no one-size-fits-all approach to loan approval. Most personal loan lenders evaluate your credit score, credit history, income, and debt-to-income (DTI) ratio to determine your eligibility.
It’s highly recommended to prequalify when possible and consult with the lender about their minimum requirements. This helps ensure the loans you apply for align with your financial profile and increases your chances of approval.
3
Accepting the Loan Offer and Receiving Funds
Once your loan application is approved, the lender usually disburses the funds within a few business days. You can then use the money as planned. To protect your credit and avoid late fees, consider setting up payment reminders for your monthly installments.
Please note: Our platform connects you with lenders offering installment loans up to $5,000, with repayment terms from 3 to 24 months and APRs ranging from 6.99% to 35.99%. We are not a lender and do not guarantee loan approval. Loan offers depend on the lender and your credit profile. Always review all loan terms carefully before accepting any offer.
About our service
We will help you get in touch with a network of trusted lenders
Bad Credit Loans
Our lenders won’t determine your eligibility for receiving a loan solely by your credit score.
Available Repayment
The payment schedule can differ from one loan type to another and from one lender to another.
Borrow Exactly What You Need
The lenders offer loans to cover costs big and small and you can be specific about the amount you need.
