Frequently Asked Questions
Is it safe to apply for a personal loan here?
Your online safety is our number one concern. All of your information is 100% safe and secure at all times on our website. At Personal-loans.com, we have done everything within our power to ensure that all of your information is safe and secure at all times.
How long does it take to fill out the loan application?
One of the greatest things about Personal-loans.com is how quick and easy it is to submit your information. If you have three minutes, then you have enough time to get approved.
What can I use my personal loan for?
Personal loans are personal. What you choose to use your loan on is your business. Personal-Loans.com just makes it easier to get approved for a personal loan.
How much money can I get?
Personal loans are unique in the fact that they come in varying loan amounts. You can get a personal loan for as little as $500, or you could get a personal loan for as much as $3,500. The choice will be entirely up to you.
Will I qualify for the loan?
99% of the times you will qualify for a personal loan. If you meet the following requirements, then you will have no problems securing a personal loan.
* You must be at least 18 years old in order to qualify for a personal loan.
* You must have a bank account.
* You must currently be employed for a minimum of 90 days.
* You will need a work phone number, a home phone number and a working email address.
* You must make at least $1000.00 per month.
I have bad credit. Will I still be able to qualify for a personal loan?
Personal-loans.com has teamed up with a group of lenders that specialize in bad credit personal loans. Having bad credit does not mean that you will not be accepted for a personal loan. There are still options available for you and your unique credit status.
How will I receive the loan?
One of the reasons that you need a bank account in order to secure a personal loan is because that is where the funds will be deposited once you are approved.
How long will it take the money from my personal loan to reach my bank account?
In most cases the money from your personal loan will be deposited into your personal bank account the next business day of being approved for your loan.
How will I repay my personal loan?
Your lender will discuss how they want your to repay your personal loan.
What will the interest rate of my loan be?
The interest rate of your personal loan will vary greatly depending on several factors. Your lender will discuss the interest rate with you prior to funding your bank account.
What happens if I am going to be late on a payment?
If you think that you are going to be late on a payment, the best thing to do is contact your lender and discuss this with them. Many lenders will setup a simple payment extension for these situations.