Menu

Different types of personal loans explained

The Need for Speed. Our online service readily serves your need to connect with a lender. The process takes a few minutes. Fill out our secure online form and we send an encrypted copy to an authorized lender to approve.

Once you submit your information, you will be redirected to the lender's website where you can review the terms of the loan, including details about all the applicable rates and fees. If you accept these terms, the lender will deposit money directly into your bank account as quickly as the next business day.

Different types of personal loans explained

Fast Decision. Instant approval, no fax, no credit check, no hidden fees. Get your cash as soon as possible next business day. Payday loans, Cash Advance. Fast approval cash advance. We've got what you need. Did you ever think you can get a cash advance loan in 1 hour. Well, now you can - Thanks to the miracle of the Internet. More and more people are finding this out, as they go to such above cash loan websites and are coming away satisfied.

Different types of personal loans explained

In some cases, you may be given the option of obtaining a loan from a tribal lender. Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps.

If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders. Additionally, tribal lenders may require you to agree to resolve any disputes in a tribal jurisdiction.

You are urged to read and understand the terms of any loan offered by any lender, whether tribal or state-licensed, and to reject any particular loan offer that you cannot afford to repay or that includes terms that are not acceptable to you.

The purpose of shorter duration loans is to provide the borrower temporary financial relief. Such loans are not a long-term financial solution. Different types of personal loans explained facing serious financial difficulties should consider other alternatives or should seek out professional financial advice. This website is not an offer to lend.

Different types of personal loans explained

You may be able to use your car, savings or certificates of deposits as collateral. Secured loans from banks may work for borrowers with good credit and savings or CDs to use as collateral. Secured loans from credit unions are affordable loans that may be an option for borrowers with poor credit. Secured loans from online lenders are likely to carry higher rates, but faster time to funding.

Secured personal loans. Banks, credit unions and some online lenders offer secured loans. Terms are for unsecured loans; may vary for secured loans. What can you use to secure a personal loan. You can borrow against your car.

The vast majority of secured personal loans use a car as collateral.

Different types of personal loans explained