Frequently Asked Questions
It’s essential to apply for a loan when you have a specific financial need and have thoroughly evaluated your ability to repay it. We recommend considering the following factors before applying:
- Determine the purpose of the loan: Whether it’s for a major purchase, debt consolidation, home improvement, or other needs.
- Assess your creditworthiness: Check your credit score and credit history to gauge your eligibility for various loan options and interest rates.
- Review your current financial situation: Make sure you have a stable income and can comfortably accommodate the monthly loan payments.
Yes, you can apply for a loan with bad credit, but your options may be limited. Lenders may offer loans with higher interest rates or require a cosigner or collateral to mitigate the risk. Consider improving your credit score before applying to qualify for better loan terms.
In many cases, if you meet all the eligibility criteria and provide all the necessary documentation, you may receive the funds within a few business days, sometimes as quickly as 1-2 business days.
Refer to service page.
In most cases, it’s five business day.