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A personal loan is a form of credit that can help you make a big purchase or consolidate high-interest debts. Because personal loans typically have lower interest rates than credit cards, they can be used to consolidate multiple credit card debts into a single, lower-cost monthly payment.
A personal loan is a loan that does not require collateral or security and is offered with minimal documentation. You can use the funds from this loan for any legitimate financial need. Like any other loan, you must repay it accordance to the agreed terms with the bank.
Loan amounts can range from $1,000 to $100,000, while loan terms range from 12 months to 84 months. A longer loan term will result in lower monthly payments, but higher interest costs.
In its broadest sense, online lending is any kind of loan that's not directly from a traditional bank. A number of online lenders are often referred to as an online lender because they are an alternative to a traditional bank.
In terms of SBA lending, a specialized lender is a bank or other financial institution that meets the SBA's criteria for offering SBA loan products.
If you are a client/customer with us and you have no experience on how to get a loan, send a message on the contact page or give us or call or alternatively write us on our email, we will educate and put you through on the process. Its quite easy within minutes.
Fill out the loan online form and wait within 24hrs to get a feedback from our customer care agent or loan officers.
We get in touch ASAP with or without an approval.