Tips for Online Loan Applicants


New member
There are a lot of loan companies tapping the different social media giants like Facebook, Twitter, LinkedIn, to name a few. Now, what are the things to consider when getting a loan online?
Here are some tips:
1. Get the lowest interest rate between 1.5℅-3.5℅ monthly or a compounded end of term 5℅-10℅.

2. Go for loans with the longest payment term so you don't have to worry about repaying it since long-term loan amortizations for a small loan amount is very affordable and easy to pay.

3. Be wary about companies which deduct advance interest. There shouldn't be any.

4. Pick one that doesn't have any processing fee.

5. Applications should be direct to the main company site and not thru an intermediary site or person.

6. Before applying for a loan check the company first, Google it for scam reviews, commentary and articles. If all is good then proceed with your application.


New member
I spent a lot of time looking for a reliable service. According to the reviews in the interest turned to the service paydayinusa. You need to submit a simple application online and with you will be contacted for details. This is it! So I think they should help you.


LightStream is the online lending division of Truist Bank (a merger between SunTrust and BB&T). According to LightStream, its goal is to offer a simple online loan experience and excellent interest rates to consumers with good credit.
Low rates and no fees make LightStream stand out among the competition. Its interest rates start as low as 3.99% on certain types of personal loans, and it offers loan amounts as high as $100,000 to well-qualified borrowers.
The SoFi platform offers a variety of online financing options, including personal loans, student loans, and mortgages. SoFi personal loans may work well for borrowers with good credit ratings.
Interest rates on SoFi personal loans start at 5.99%. Applicants with good credit and sufficient income who can satisfy SoFi’s conditions may be able to borrow as much as $100,000.
Upstart is an online lending platform that works with several different lending partners. The platform uses artificial intelligence and alternative data to help find affordable personal loans for borrowers with fair or better credit ratings.
in addition to your credit score, your education, area of study, and job history might help you land a lower interest rate on your loan—possibly as low as 8.41%. According to Upstart, its rates are lower than traditional lenders. Qualified applicants may be able to borrow $1,000 to $50,000.
===========================================Good Luck !