How Online Cash Loans Work
This is a lender-matching service which primary goal is to connect consumers like you with short term lenders whenever unexpected financial emergencies arise. We can successfully match a great part of individuals who submit request a lender willing to provide the funds they need.
All About Short Term Loans
Our Secure Online Form Submitting is Fast and Free
The online form we provide only takes about two minutes to fill out, is completely secured with top-notch security software, and is free for you to fill out. We only ask for the information we need to match you with a lender in our network, and after you submit this information, it is forwarded to our lenders who can provide you with up to $1,000 in cash in as little as one business day. In many cases, you will not be asked to fax a single document.
Review the No-Obligation Offers
In a matter of minutes after we have processed your information, you can be matched with one of our lenders and can get an offer that suits your requirements and your details. You are never under obligations to accept any offer, so if the offer you receive is not satisfactory, you can simply reject it, and it will cost you nothing.
Getting Your Cash
After getting the offer that suits your financial needs, you will go through the details of your loan agreement. Then, your lender will ask you to provide your electronic signature in order to enter into a contract. Once this step has been completed, your lender will usually deposit the loan amount for which you were approved into your checking account on the following business day.
Repaying Your Loan
Some of our lenders can make the loan repayment process incredibly simple. If you opt for the direct withdrawal option while closing your loan agreement, you can have the repayment done for you electronically. In most cases, all you will need to do in order to repay your loan is to ensure that the repayment amount—the amount of the loan plus any applicable fees and interest—is available for withdrawal on the scheduled date. This way, you do not have to mail any checks or money orders and you do not have to visit a retail location. This paperless process also helps to reduce the likelihood of late payments and may even save you money.
Short Term Loan Qualifications
Qualifying for a short term loan is simpler and easier than qualifying for other forms of consumer credit. These are the basic qualifications associated with obtaining a short term cash loan:
• You must be 18 years of age or older
• You must legally live and work in the United States
• You must be employed with the same employer for a minimum of 90 days
• You must have a bank account that is not currently overdrawn
• You must have a valid email address and working telephone number
• You must meet minimum income requirements
Your Credit History Is Usually Not the Critical Issue
Even though the lenders that partner with Lendew.com do perform credit checks if necessary, individuals with imperfect credit or no credit at all usually can qualify for loans anyway. The lenders in our network may also perform alternative credit checks with the companies like TeleTrack or DP. These verifications help to ensure that you are not currently in bankruptcy and that you do not have outstanding loans with other lenders. These checks usually do not affect your credit score.
Getting the Biggest Benefit from Short Term Loans
In order to truly enjoy the benefits associated with short term loans, it is important for you to repay your loan on time. This will help you to avoid potentially high late fees and build a better business relationship with your lender of choice. You should always ensure that you will have the funds available to repay your loan before you apply, and you should contact your lender immediately to discuss the available options if you will be unable to repay your loan on time.
How We Can Help
We are always available to answer your questions about this website, our services and short term loans in general. We strive to provide you with outstanding customer support and will answer your inquiries as quickly as possible. If you have issues with any particular loan deal with one of our lenders, please, contact that lender directly, because we are not authorized to have details regarding any loan agreement you’ve entered.
APR Disclosure (Annual Percentage Rate). Some states have laws limiting the APR that a lender can charge you. APRs for cash advance loans range from 200% and 1386%, and APRs for installment loans range from 6.63% to 225%. Loans from a state that has no limiting laws or loans from a bank not governed by state laws may have an even higher APR. The APR is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. APR rates are subject to change.
Exclusions. Residents of some states may not be eligible for some or all short-term, small-dollar loans. Residents of Arkansas, New York, Vermont and West Virginia are not eligible to use this website or service. The states serviced by this website may change from time to time, without notice.
Credit Implications. The operator of this website does not make any credit decisions. Independent, participating lenders that you might be matched with may perform credit checks with credit reporting bureaus or obtain consumer reports, typically through alternative providers to determine credit worthiness, credit standing and/or credit capacity. By submitting your information, you agree to allow participating lenders to verify your information and check your credit. Loans provided by independent, participating lenders in our network are designed to provide cash to you to be repaid within a short amount of time. The short-term loans are not a solution for long-term debt and credit difficulties. Only borrow an amount that can be repaid on the date of your next pay period. Consider seeking professional advice regarding your financial needs, risks and alternatives to short-term loans. Late Payments of loans may result in additional fees or collection activities, or both. Each lender has their own terms and conditions, please review their policies for further information. Nonpayment of credit could result in collection activities. Each lender has their own terms and conditions, please review their policies for further information. Every lender has its own renewal policy, which may differ from lender to lender. Please review your lender’s renewal policy.