Frequently Asked Questions

What is a personal loan?

Personal loans are unsecured (no collateral) loans up to $35,000. Lenders offer personal loans based on creditworthiness (determined by credit reports) and ability to repay (determined by income). These loans can be used for a variety of reasons, including consolidating debt or paying off high interest credit cards.

Please use personal loans responsibly.

How does work? is not a lender and does not make credit decisions. is a loan connecting service that connects consumers who are looking for financial assistance with independent, third party lenders who may be able to provide a loan. connects you with lenders based on the loan you are looking for. is committed to working with lenders who offer you the best terms available.

The process is simple and begins with filling out the form. The information you provide is shared with third party lenders who may make you a loan offer. There is no obligation to accept the offer, but if you do, the lender will provide further instructions.

These individual third party lenders each have their own terms and conditions. Please consult these before accepting the loan offer. In particular, check for information on annual percentage rates (APR), fees, repayment terms, and consequences of non-payment. If you have any questions about your loan, please contact your lender.

Can I qualify for a personal loan? is not a lender. Our third party lenders make decisions on who qualifies for loans, in what amounts, and on what terms.

Does charge a fee to connect consumers with independent, third party lenders?

The process of registering with is free for the consumer (you). We are compensated by independent, third party lenders for potential customer referrals.

How much can I borrow? connects consumers (you) to third party lenders offering loans as low as $1,000 and as much as $35,000. The amount of your loan, fees, APR, repayment terms, and other conditions are determined by the third party lenders based on creditworthiness (determined by credit reports) and ability to repay (determined by income).

If approved for a loan by an independent third party lender, how quickly could I receive it?

The transfer into your bank account could happen as early as the next business day. This will vary depending upon your lender and your financial institution. If you have additional questions regarding the transfer time, please contact your third party lender.

What are the minimum requirements to apply for a loan?

The following constitute typical minimum requirements. Although individual, third party lenders have different minimum requirements:

  • Be at least 18 years of age or older
  • Have a checking or savings account with direct deposit
  • Have regular income
  • Have a fair credit rating
  • Must not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps, or Navy (or a dependent thereof), serving on active duty under a call or order that does not specify a period of thirty days or less

Is the information I provide secure? employs a number of state of the art security measures. These measures are designed to keep your information secure. In addition, all sensitive data transmitted between your browser and uses 128-bit Secure Socket Layer (SSL) encryption technology. Your use of our services is strictly voluntary and is governed by our Terms & Conditions of Use and Privacy Policy.

How long does a loan transaction take?

The time frame from registering with until being made an offer by an independent, third party lender can be as fast as one business day. There are a number of factors that may impact this, including the time of day you apply, the accuracy of your registration, the lender and your financial institution.

When must I repay my loan? is not a lender, we are an advertising referral service to qualified third party lenders. The independent, third party lenders each have their own terms and conditions, including those concerning repayment. Currently the independent third party lenders in our network offer repayment terms of between 61 days and 180 months.

Will independent, third party lenders perform a credit check and what are the credit implications?

In making their decision to offer you a loan, the independent third party lenders may perform a credit check. This credit check may be a formal credit inquiry which leaves a record on your credit report and may affect your credit score (a “Hard Check”). Or it could be an informal inquiry which will not affect your credit (a “Soft Check”). These credit checks may be performed through TransUnion, Equifax, or Experian (the “Big Three”) or they may be performed through other alternative credit reporting agencies or data aggregators (such as Microbilt, Teletrack, DP Bureau, or DataX) that track consumer transactions with lending institutions.

What are the implications of late payments and non-payment?

This varies by lender, so check with your lender before agreeing to the loan offer. Please be fully aware of the consequences of late payment and non-payment. Typical consequences of late payment or non-payment may include, late fees, negative disclosure to credit reporting agencies, referral to a collection agency, legal process, or judgment.

Is approval guaranteed?

There is no guarantee that you will be approved by one of our participating lenders.