General Information Payday Loans Installment Loans Title Loans
What do need to request a loan?
To request a loan through the online system of PaydayLoansGeek.com, you should meet the following requirements:
- Be at least 18 years of age
- Have a steady source of income
- Provide proof of identity, address, and citizenship
- Have a valid bank account
Please note that lenders might have additional requirements.
How much can I borrow through PaydayLoansGeek.com?
The maximum loan amount that one can take out depends on several criteria:
- Each state has its own laws and regulations on loans. They set an upper limit on borrowing.
- Lenders have different internal rules, requirements and eligibility criteria. Thus, the loan amount is highly dependent on how well consumers meet these requirements.
However, the maximum loan amount that can be taken out is, on average, $5,000.
Is my information secure?
PaydayLoansGeek.com has an SSL certificate, which means that any piece of information sent to PaydayLoansGeek.com is securely encrypted. Clients’ personal information and documents are securely stored on the lenders’ servers. They have the latest security technology, a firewall, and all the required measures to protect their customers’ data.
How to apply for a loan online?
To apply for a loan, borrowers should take the following steps:
- Check the eligibility criteria and make sure you meet them
- Fill out the online application form
- Specify the amount you expect to receive
- Attach the required documents
- Submit your request
Don’t forget to double-check everything before submitting. Make sure you provide valid contact details, such as an email address and phone number.
What are the next steps after the application?
After submitting the application, PaydayLoansGeek.com sends your request to its vast network of partner lending companies. They will review your application and get back to you if you meet their requirements. Further discussions regarding the loan amount, loan terms, and repayment schedule will be held directly with the lending company.
What are payday loans?
Payday loans are small, short-term money borrowings that help consumers cover their emergency expenses and get out of a temporary financial crisis. Borrowers should pay back the total amount of the loan within two weeks or a month on their next paycheck. Payday loans can be used for paying utility bills, buying groceries, or paying rent.
How do payday loans work?
Once approved for the loan, borrowers should provide a valid bank account or card number to receive the money. Instead, they should write a post-dated check for the loan amount and interest rate. When the check is due, the lender will cash the check and pay the loan. Alternatively, you can visit the lender’s office and pay the loan in cash.
Where can I get a payday loan?
PaydayLoansGeek.com saves you time and effort as you don’t have to search for trustworthy lenders. We have a large network of lending companies and help our customers find a reliable lender. You can access high-quality financial products regardless of your credit history or credit score. All you should do is fill out the online application form and apply.
How much can I borrow using a payday loan?
The amount of a payday loan depends on the lender, state regulations, and your eligibility. Most states allow borrowing up to $500, but the actual amount you can get depends on your lender. For example, if you don’t have a steady source of income, you won’t be able to borrow more than $100.
What documents do I need to apply for a payday loan?
Lenders typically request the following documents when approving a payday loan: Borrowers should provide proof of their citizenship, identity, age, and income. If you are not a US citizen or are under the age of 18, you cannot borrow any money. Moreover, don’t forget to include your bank account in the application form to receive the funds.
What are installment loans?
Installment loans are long-term money borrowings that consumers repay in monthly payments. The monthly installments are fixed, meaning the payments and interest rates don’t change over time. The loan is perfect for paying a mortgage, rent, home renovations, a car purchase, etc. To take out installment loans, borrowers might or might not need to put up collateral, depending on the lender’s requirements.
How do installment loans work?
The contract for installment loans usually includes a repayment schedule and a fixed amount that borrowers should pay each month. The monthly payment usually includes some portion of the loan amount and the monthly interest rate. The amount is fixed and doesn’t change over time, which allows borrowers to plan their monthly budget.
How much can I borrow using an instalment loan?
Consumers can borrow any amount from $500 to $5,000. However, the actual amount is determined by the lender based on your eligibility, collateral, your credit score, and state law. The loan amount also depends on the criteria of the lender. One lender may offer $500 and another may offer $1,500 to the same person.
What documents do I need to apply for an installment loan?
To apply for an installment loan, you might need the following documents:
- Proof of identity, age, and citizenship
- Bank statement or other proof of income
- You credit history and credit score
- Documents related to the collateral
This is the basic package of documents lenders need, but they may also ask for additional documents.
How many installment loans can you have?
You can have multiple installment loans open at the same time. Those loans can be from the same lending company or from different ones. For example, if you already have a personal loan but need a mortgage, you can receive it as long as you meet the requirements. Exceptions may apply, depending on the lender.
How do online title loans work?
Car title loans belong to the category of secured loans; borrowers have to offer their vehicles as collateral. Most lending companies don’t conduct a check on the borrower’s credit history because it’s irrelevant. The finance fee for title loans is 25% per month, meaning borrowers should pay an APR of 300%.
What are car title loans?
Car title loans are short-term secured loans. In exchange for putting up their cars as collateral, borrowers receive a certain percentage of their vehicle’s value. If borrowers fail to repay the car title loan in full, the lender becomes the owner of the vehicle. In such cases, they usually sell the car to cover some portion of their losses.
How much can I get title loans?
The amount borrowers can get depends on the value of their vehicle. Usually, consumers receive 25% to 50% of their car’s value. So, the loan amount varies between $100 and $5,500 on average, though some lenders are willing to offer up to $10,000 or even more, depending on the value of your vehicle.
How to get title after paying off car loan?
After you have paid off your title loan, you have to wait until your line holder notifies the DMV about it. It takes some time until they submit the required documents and the state recognizes you as the sole owner of the vehicle. Once the ownership has been changed and the title has been updated, you are good to apply for another title loan.
Where can I get a title loan?
Don’t go far; you can apply for a car title loan right on PaydayLoansGeek.com. We partner with dozens of lending companies that will offer you a title loan at reasonable conditions. To start the process and review the available options, you should submit an online application on our website and wait for feedback.