If you are looking for a payday loan or an installment loan, there are several websites that can match your requirements against those of a large number of lenders. This gives you the best possible chance of finding the best loan for you, even if you have a low credit rating. Here are reviews of four websites offering a loan matching service to borrowers.
Here is a new idea in finding the right lender for your situation. If you hate filling out multiple applications you’ll love Greencashnow.com. This service will submit your application to installment loan lenders and payday loan lenders giving you the best opportunity to get the money you need.
If you have an active checking account and a job that pays at least $2,000 per month, you can apply online for a short-term loan of up to $2,500 through CashMojo, even if you have no credit history or a low credit score of less than 550. The loan, together with the interest and fees, has to be paid back within a few weeks.
If you have a lower income of at least $1,000 per month, you could qualify for a short-term loan of between $100 and $1,000 through Purple Payday, as long as you have a regular source of income, such as a job or benefits.
Purple Payday is a free, lender-matching service that will connect you to one of the largest lending networks in the United States through one simple application.
If you are seeking a longer-term unsecured loan of up to $5,000, Capital Cash Loan will consider your application if you have an active bank account, and are employed or have another source of regular income. Capitol Cash Loan also offers payday loans of up to $1,000 and other financial products.
If no lender is willing to approve a loan for the amount you request, Capitol Cash Loan will search for a lender who would loan you a lower amount.
You can arrange a larger loan of up to $10,000 and repay it over a period of up to three years through ClickNLoan. If you have a low credit score or no credit history, you can still apply for a loan through ClickNLoan, although the best annual percentage rates (APRs) of between 5 percent and 35.8 percent may not be available to you.
Each of these websites has a secure online application form that is easy to fill in. You receive a decision within minutes, and, if your application is accepted, the cash is usually in your bank account within 48 hours. Although these websites allow you to arrange a loan quickly and easily, it is still important to read the terms and conditions carefully before accepting a loan offer.