Easy Personal Loans Online - Direct Lenders: Bad Credit

These days, almost anyone can get a loan. You no longer need to be some fat cat with an established relationship to a banker and impeccable credit. Let’s talk about easy personal loans.

An easy personal loan is the name of a type of loan that you can use to finance your dreams or most important needs. The easy part about them is they are usually quick and straightforward. They are often hassle-free and low-risk, so you can feel good about taking on this type of loan.

What Are Easy Personal Loans?

Easy personal loans are loans that can be gotten with a minimum of hassle. These are Small Cash Loans based on your income and your promise to pay back the loan.

The most obvious example of such loans is Payday Loans. You borrow as little as a hundred dollars and you pay it back on your next payday, which might only be a few days away.

But there is a new category of loan that makes it easier than ever for your average person to access the credit they need. These are Mobile Loans.

Such loans are designed to be applied for not simply online, but through the ever-present smartphone. Some places have an app explicitly for applying via smartphone. Others simply have a web interface that is mobile-friendly.

With direct deposit to a bank account or pre-paid debit card, the modern era has made borrowing easier than ever. You don’t even have to physically cash the check anymore and the funds arrive super fast, in as little as an hour in some cases.

Where Can I Find Easy Personal Loans?

You can find such financial instruments through loan matching services. That means you can find them right here because TheGuaranteedLoans is in the loan matching business.

We keep tabs on hard money lenders and we take applications from prospective borrowers. Then we look for a good fit between the applicant’s information and the vetted financial products we have on file.

When we find something that looks good, we let the lender know. They contact you to complete the loan application.

When Should I Get A Personal Loan?

You might think that getting a personal loan is something you can do when your life is already on the right track, but there are many situations in which a personal loan might make sense for you. For instance, if you have been laid off from your job, new car payments or a big dental bill could be putting a strain on your finances. You can get a loan for a new car or pay down the balance of an existing one. If you’re going to college and need money for tuition, you can borrow against that future salary to help cover living expenses during those years of study. If you have been turned down for credit cards or other forms of financing by major lending institutions, look into some other options as well.

Your personal loan could be the only way to make some of your dreams come true. Maybe you need to fix your car or buy new clothes for an important event. You might even be able to use it on some home improvements or pay down your mortgage faster. Taking on a loan like this could help you achieve some of the life goals that are most important for you.

There is no wrong time to get a personal loan if it helps you achieve something important in your life. When you go into it with realistic expectations, then there is nothing that can go wrong with getting this type of loan.

Before You Take A Personal Loan

Before you take a personal loan, make sure you know exactly what you are getting yourself into. A personal loan isn’t like an auto or home loan. It’s more like borrowing cash that you don’t have to pay back until the end of the term. This means that there is more risk involved with these loans than with home and auto loans, though there definitely is a better chance of getting out of them early if they prove to be unhelpful in your life plan.

Personal unsecured loans are available in many forms through many lenders. It could be money wired directly to your bank account, or it could be an account number where money can be transferred electronically. These unsecured loans are often used to pay down debts, pay for education, or to purchase a house.

Secured personal loans are not as commonly available as unsecured loans, but they do exist. These secured loans are usually used on first and second mortgages, home renovations, or first-time home purchases. The borrowing is usually through the use of the real estate as collateral, but real estate can also serve as a secure claim against a loan if it fails to be repaid.

Benefits Of An Easy Personal Loan

Easy personal loans provide a quick solution to a pressing financial need. While there are risks involved, there are usually no complications or long terms to worry about. Instead of wading through pages of paperwork and bureaucracy, you can have your answer within a few minutes. If you have an important need, then you know that the quicker the answer is available to you, the better off you will be.

Easy Personal Loans: Drawbacks

Drawbacks come with every loan and easy personal loans are no exception. Like those from banks and other conventional lenders, those from online lenders have some drawbacks as well. The main thing to consider before seeking out an online lender is the interest rate. High-interest rates are common, so it is important you be sure you can make the payments on time.

If the monthly payments are not an issue due to your budget, then you should investigate other areas of concern. The availability of fees that are associated with easy personal loans could be a turnoff for potential borrowers. Different online lenders may provide different fees or no fees at all, so take care to research the offers before deciding which will work best for you.

What Do I Need to Apply for a Loan?

Easy personal cash advances typically require very little paperwork. In many cases, all you need is an ID card, a bank account to deposit the funds into, and some indication of your income. Here are commonly accepted forms of identification:

Driver’s license.
State-issued ID card.
Military ID card.
Tribal ID Card.

For proof of income, you might dig up a recent Leave and Earnings Statement (LES), pay stub or bank statement. If you bank online, you may even be able to easily get a PDF for the ultimate in online application convenience.

You must be a legal adult (18 or over). You also must be a citizen of the United States or a legal resident.

Apply Now For An Easy Personal Loan at TheGuaranteedLoans

Take a few minutes to get out your ID card and pull up some kind of proof of income. Then get settled in to start your application through TheGuaranteedLoans web portal.

Get started

FAQ

Can I get a personal loan with bad credit?

Yes. Even people with bankruptcy or other issues can still receive easy personal loans. There are ways that you can get an unsecured loan, such as by earning money through a side job or by having savings. These kinds of loans tend to have higher than average interest rates and shorter durations, so they should be used as a last resort. You could find yourself paying far more than you would for traditional unsecured loans if you do use them.
If your credit history is not too bad, you can still make it work for you if it is through an online lender. It will take longer for the application process to happen, but there will be less paperwork to fill out compared with conventional lenders.

Will applying affect my credit score?

Since a personal loan is a form of an unsecured loan, any negative marks to your credit could impact this loan. To avoid this, you can always direct your lender to take money from your bank account instead of having the lender transfer the funds. This ensures that there will be no damage done to your score or history.

Are there fees for paying off my loan early?

It is possible to pay off your loan early if it is an easy personal loan. However, some lenders do charge fees for this or even charge you interest on the interest that had already accrued on the loan before you had paid it off. On the other hand, if you leave your loan until it expires, there will be no fees to worry about. Be sure to read over the terms of your loan before signing anything so you are fully aware of what can happen when you pay your loan off early.

How long does it take to get my loan?

Once you apply for the loan, it can take up to 24 hours for you to get an answer from the lender. Once they get your information, their employees will go over your application and determine what you qualify for based on their terms and conditions. This is why it is so important to pick a lender that has transparent terms and payments methods so there are no surprises when you apply and the payments come due.