I Want A Loan: What Are My Options?

There are dozens of instances when you may need a loan. Buying a home, car or paying for higher education would call for a loan.

I Want a Loan Approved Today Quickly

Starting up a new business, requiring capital to attend to the recurring costs or expansion of an existing business will also call for a loan.

Healthcare costs, financial doldrums, unemployment, legal tussles and countless other situations can create a situation when you would need some monetary help.

Where to get loans approved?

If you have someone you know who can give you some financial aid then you can borrow the money you need, possibly without any rate of interest, but else you would have to rely on the banks, financial institutions or the lending market at large.

Where you should look for a loan will depend on why you need the loan or the purpose, your financial profile, the amount you need and the rate of interest you can afford.

The purpose is simple to understand when you are saying “I want a loan

The financial profile would factor in two important attributes: your credit score and present income.

The rate of interest is the APR or annual percentage rate, which along with the amount will determine the ideal lender.

Banks are ideal for mortgage, car loans, business and student loans.

All bank loans are secured so you would need to have some collateral or guarantor.

You cannot apply for a loan with any bank if you don’t have a good credit score.

i want a loan i want it now
I Want a Loan

When you want a loan with bad credit

Banks don’t entertain bad credit history, ever.

Banks have very low interest rates, unless it is a business loan, but that comes at the cost of a stringent approval process.

There are many financial institutions that would be willing to fund your mortgage, student loan, car loan or even personal loans.

Some financial institutions will require good credit score, but then you have credit unions and some lending organisations which don’t ask for good credit.

Some financial institutions will be willing to entertain your application if your credit score is above 600 and some would entertain even if you have 550 or less.

You must look for appropriate institutions depending on your credit score and loan requirements.

You can always cash in on your assets or possessions for loans.

You can use your home equity for a loan or line of credit. You can get payday loans or you can opt for peer to peer lending.

There are websites that facilitate peer to peer lending.

We advertise niche type loan lenders that will accept loan applications from people with all credit types and backgrounds.

Just go to the top Menu to get to our Payday Loans or Personal Loans pages to be able to make an online loan application today.

Once you complete the application form fully and then submit it, you will get a decision within a few minutes.

Have a look at the loan types we offer on this website.

See also Illegal Personal Loans.