Everyone needs a little help now and then, especially when it comes to personal finances. The trouble is, where can you turn for assistance?
If you count yourself among the many Americans who are doubtful they could qualify for a loan, realize you are not alone and that help exists.*
Obstacles to overcome
There can be plenty of challenges to obtaining a personal loan. Poor credit is one example.
"Millions of Americans cope with poor credit."
Whether you had trouble with credit cards in the past or simply don't have an extensive credit history, it could create a barrier with traditional lenders.
Or maybe debt is your issue. CreditCards.com. reports that the average American carries around $3,600 in debt. Some lenders may see this as an obstacle to you paying back your loan, leading them to decline your application.
Of course, even if you have solid credit and count yourself as debt-free, there may still be stumbling blocks in your way. For instance, many lenders insist on collateral to secure a loan. If you don't have assets to pledge as collateral, you could find yourself locked out of the personal loan you need.
These are issues millions of Americans face. Everyone has obstacles they must overcome, and sometimes you need help from people who are willing to give you a second chance.
At LoanMe, we understand this all too well. It's why we've designed our personal loan products from the ground up with consumer needs in mind. We have qualified customer service representatives available to speak to about our loan products. As Veronica in Utah says about our representatives, “They not only assisted me with the loan origination, but took the time to educate me about it!”
LoanMe Believes In Second Chances
Our personal loans offer options banks and payday loan lenders simply can't provide.
- First, our application process is quick and easy. Just call 844-956-2663 (9LOANME) for a live agent or apply online 24 hours a day, seven days a week. Forget the reams of paperwork you may have to produce for other loan options - LoanMe only asks for a bank statement, proof of income and a valid ID. We even have paperless options if producing these documents becomes a hassle.
- Second, we know you want flexibility and security when it comes to paying off your loan, which is why our products feature fixed monthly payments instead of the bi-weekly payments many of our competitors demand. This makes it easier for you to keep up with your repayments while also guaranteeing you always know how much you owe in advance.
- Even if you were to qualify for a loan at a traditional financial institution, waiting for your money to be dispersed can be a long, drawn-out process. At LoanMe, we know you need your money yesterday, so we've streamlined the process to ensure maximum efficiency. You may even be able to receive your funds in as soon as 24 hours.
Finally, we want to make sure you're rewarded for handling your loan responsibly. That's why we report your repayments to credit bureaus. This helps you to build your credit, which can make future financial transactions that much easier.
*This article has been prepared for general information purposes only. The information presented is not legal, financial, tax or accounting advice, is not to be acted on as such, and is subject to change without notice. Credit approval is subject to LoanMe's credit standards, and actual terms (including actual loan amount) may vary by applicant. LoanMe requires certain supporting documentation with each new application. If you have any questions regarding this, call us at 844-311–2274. California loans are made pursuant to LoanMe's California Department of Business Oversight Finance Lenders Law License #603K061. LoanMe also offers loans in certain other states which may have higher minimum loan amounts. Copyright © 2015 LoanMe, Inc. All rights reserved.