Customer satisfaction is our number one priority. Satisfying the questions and concerns of our clients allows us to achieve our goal of providing what we promise; a personable, reliable service. Below are answers to the most common questions we receive. If you have additional questions, please contact us. Check out testimonials from satisfied clients.
We utilize all of the info you input on your application and put it through our sophisticated loan matching system, ensuring that your request is only presented to lenders that potentitally are going to be able to assist you. Once you are pre-approved with a lender/s, you will either be instantly redirected to the lenders' websites, or they will call and/or email you within a few minutes to an hour to discuss loan options.
-How Does This Work?
-Are These Payday Loans/Short-Term Loans/Cash Advances?
-How Long Does the Entire Process Take?
-I Have Good Credit. What Can I Expect?
-I Have Bad Credit. Can I Still Qualify For a Personal Loan?
-I Don't Have Any Credit. Is It Still Possible To Achieve Approval?
-How Much Can I Borrow And For How Long?
-What Kind Of Interest Rates And Terms Can I Expect?
-Do I Need To Be Employed?
-I Am Retired And Receive Pension. Can You Help?
-Are There Any Fees To Use Your Service?
-How Will I Know If I Am Approved?
-How Do I Get My Money?
-Will Your Lenders Ask For Monies Up-Front In Order The Monies I Applied For?
How Does This Work?
Where we send your application will be based on the information you provide; the credit score you input, the amount of money you are looking to borrow, where you live, what the purpose of your loan is, etc. We want to provide you with the best lender matching service that we can. Lenders provide us with very specific filtering and criteria that we use for determining where we will present your request. Therefore, when applying it is very important that the information you provide is accurate and up-to-date so that we can best match you with our loan providers.
Are these payday loans/short-term loans/cash advances?
No, the lenders we work with are all long-term, personal loan lenders offering terms from 1-6 years with APRs between 5.99 - 35.99%.
How long does the entire process take?
It's quick and hassle free! The entire process from app to received financing can take as little as 24 hours.
It only takes a few minutes to apply. Input your information once on our application and you can be matched with multiple lenders. Once matched with a lender/s you may be able to instantly view rates and terms online, or the approving lender/s will contact you via email or phone within a few minutes to a few hours (but by the end of business day) to discuss your options.
If you have an existing application you need to check the status of, please click here.
I have good credit. What can I expect?
APRs as low as 5.99%! As a result of your strong credit history, our lenders want your business. You are the ideal candidate. Therefore, they are going to fight for your business by offering you extremely competitive quotes. Remember, you can get a free rate quote/s without any hard pull of your credit and you are under no obligation whatsoever to accept the offers presented. How much you are eligible for will be determined by several key variables including but not limited to your credit score, income and total debt as well as state limits.
I have bad credit, can I still qualify for a personal loan?
YES! We work with several online lenders that accommodate exclusively towards consumers with poor credit. These providers are going to analyze more than just your credit score and have more flexible requirements than most traditional banks and lenders do. How much you are eligible for will be determined by several key variables including but not limited to your credit score, income and total debt as well as state limits. Please note while we do help people of all credit types, we cannot help everyone. We do not guarantee approval.
I don't have any credit. Is is possible to achieve an approval?
YES! Even if you are lacking a credit history, you may be able to obtain the financing your are looking for. However, a co-signer will likely be needed. It would be a good idea to check out the section on first time borrowers as well as the other borrowing tips we offer, to familiarize yourself with the personal loan process. How much you are eligible for will be determined by several key variables including but not limited to your credit score, income and total debt as well as state limits.
How much can I borrow and for how long?
Loans are available for as much as $35,000. Terms range from one year to six. Not all lenders can provide up to $35,000. Not all applicants will qualify for $35,000. Repayment terms vary by lenders and local laws, and not everyone will qualify for maximum borrowing terms of 72 months. Lenders will look at a variety of factors when determining your eligibility and possible approval amount, including but not limited to your credit score, income and total debt. Your potential borrowing amount will be determined by the info you input on your application and your state limits. A good idea would be to use our personal loan calculator here to determine what to expect for your loan payments over different rates, terms and loan amounts.
What kind of interest rates and terms can I expect?
Final rates, terms and fees will be based on your individual credit history and underwritten by the lender NOT 24/7 Lending Group. 24/7 Lending Group cannot guarantee final terms, rates or repayments as they vary by lender. APRs offered by lenders participating in our network range from as little as 5.99% to as much as 35.99% (APRs include origination fees from 0-5%). Each lender is required by federal law to present to you the terms of the loan, the rates and all costs associated with the loan prior to you executing the loan documents. Please feel free to exit the process at any time as you are under no obligation to accept the loan presented. You can learn more about the potential APR rates and costs of your loans here.
Here Is A Representative Example Of Potential Total Cost Of A Loan: For a $5,000 36-month loan at an interest rate of 6.03% with a 1.11% origination fee of $55.50, you will receive a loan amount of $4,944.50 and will make 36 monthly payments of about $152.18 at a 6.78% APR. Total loan cost would be $5,478.48.
Do I need to be employed?
Yes, you will need to be employed for approval consideration.
I am retired and receive pension. Can you help?
YES! We have lenders that work specifically with those that rely on pension as their source of income.
Are there any fees to use your service?
No. It is free to apply and you are not committed to accept the offer presented to you if you are not 100% satisfied with your rates and terms.
How will I know if I am approved?
Depending on the lender we match you with, you may be instantly redirected to loan documents or you may receive a call or email regarding your approval within a few minutes to a few hours (but by the end of the day). If you are not approved, you will receive contact via email regarding.
How do I get my money?
Your money will be electronically transferred into your bank account.
Will your lenders ask for money up-front in order to get the monies I applied for?
It is a scam if a lender looks to charge you money up-front or asks you to put money on any type of pre-paid debit card (like a GreenDot or Vanilla Visa) as insurance for a loan in order to achieve your financing. This is called an advance fee loan scam. None of our lending partners will require you to provide them with any amount of money in any way or form prior to receiving your loan. But many other sites on the Internet work with these fraudsters. Don't become a victim. Click here to learn more about advance fee loan scams and how to spot to them.