Frequently Asked Question On Easy Online Loan
Good consumers often have questions before they apply for an easy online loan, or enter into any financial arrangement. The following frequently asked questions will hopefully help you get a better understanding of the process so that you can feel more assured when using our services.
What do I need on hand when I apply?
We will need to know your name, address, telephone number, employer and your income. If you are not employed then we will need to know your regular income source. This helps make our lending decision tailored specifically to the applicant. We will also need your bank account number and your routing number so that we can deposit your cash into your account once you have been approved. Is the application free?
Yes. You do not have to pay us anything to fill out the application. However, there will be a fee associated with your loan, should you choose to accept it.
Am I eligible for a loan?
You qualify for a loan if:
You're employed full or part time or have regular income Are a US citizen or permanent resident Have a bank account that accepts direct deposits Are at least 18 years old
We take great care in responsible lending and only want you to borrow the amount that you can afford to repay. Therefore, it is very important that you are honest on your application.
How much can I borrow?
The amount that you can borrow varies and depends on the income that you receive on a regular basis. Generally, our customers borrow small amounts with the average being around $500. These are short-term loans so the amounts are smaller than what other lending companies might offer.
How do I get paid and how fast?
Your money will be deposited into your bank account electronically. When you receive the money will be dependent on when you send in the application. Usually, customers receive their money by the next business day. However, it is possible to receive the money even sooner.
How long do I have to wait to get an approval?
We will do everything we can to approve you as soon as possible. You will find that our services are much faster than those at traditional banks and lending companies because we don’t take collateral or your credit history into consideration. You should know whether or not you have been approved on the same day that you apply.
|