Having a hard time finding a lending company that will accept applicants with poor credit? Worry not because PersonalLoans.com can help you. This institution is dedicated to helping people in need even when you have bad credit. Interested to find out what this company has to offer? Read on to know more.
PersonalLoans.com Online Bad Credit Loan Features and Benefits
With their commitment to helping improve the lives of people with bad credit, this company will be able to assist you in getting in touch with lending institutions despite low credit scores.
The personal loan plans they offer are designed to suit your lifestyle, income and payment history. This is favourable to every individual as you will be getting an amount which you can manage. Moreover, you have the power to choose the loan amount, term and payment frequency.
Getting a PersonalLoans.com Online Bad Credit Loan
This company connects you to various lenders who would be willing to lend money given your qualifications. This process is pretty straightforward.
You just need to visit the website and fill out the online form which asks the amount of money you need to borrow, your credit score type and your reason for loaning.
You also need to provide income and banking information, as well as other personal data, for the company to know which loan product is perfect for you.
In order to be eligible, you need to present proof of age, identification and residency. Qualified applicants must be 18 years old and above, and a legal citizen or permanent resident of the US.
More importantly, you must provide a valid Social Security number. The company would also require you to submit proof of income in the form of full-time employment, self-employment, or regular disability / social security benefits.
Once your loan is approved, you will receive the amount through an active bank account, so you will need to give your baking details as well.
PersonalLoans.com Online Bad Credit Loan Fees and Charges
Because this institution strives to provide financial assistance to those with bad credit, you can expect to pay competitive fees and charges. You can get a loan amount ranging from $1,000 to $35,000, which you can pay within 90 days or up to 27 months.
Keep in mind that our annual percentage rate (APR) will depend on your credit score, repayment history and other related factors. The APR can range from 6.99% to 35.99%.
You can pay your loan one or twice a month, depending on your preferences. With this loan, you do not have to worry about prepayment penalties.
For example, if you choose to get a loan amount of $2,000, payable within 12 months with an APT of 24%, you will be paying $189.12 monthly. This will amount to a total payable amount of $2,269.44. So, when getting a loan, make sure to take into account all these factors.
When you get a loan, it is always important to get a manageable one and PersonalLoans.com gives you this opportunity. To jumpstart your application, head to their website today.