APPLY YOUR LOAN IN 3 STEP

Bad Credit? No Problem Approved Your Loan In 3 Minutes

Apply Now Approved Upto $35,000 Over 350 Direct Lenders

Representative Example: $1,000 loan over a 12-month term would have a total cost, including interest,
a total payback amount of $1,134.72. APR 29.82%. Rates between 5.99% APR and 35.99% APR.
Loan term lengths from 61 days to 72 months for qualified consumers. Advertiser's Disclosure.

DEFINITIONS

ACH – This stands for automatic clearing house, which is mainly a method used to transfer funds to and from bank accounts.

ARP or Annual Percentage Rate – This is the cost of credit which is expressed in a yearly rate. This is not the same as contract interest rate.

Balance – This refers to the outstanding in your bank account.

Bankruptcy – This is a legal proceeding in America’s Federal Court which in entered into by a borrower. This is often someone who is not able to pay back his debts which allows for them to negotiate some form of partial payment or the selling of a borrower’s assets. Bankruptcy information will stay on the credit history of a person for up to a decade.

Budget – A plan or method used for spending management and for saving money.

Caps – The established limit of an amount’s interest rate which can be increased to an adjustable rate mortgage loan.

Cash advance – This refers to a source of cash which can be taken in the case of emergencies. This is for people who are employed but may not have access to other sources of credit. This is meant to bridge the financial gap in between now and the next pay day. The interest is charged from the date it is advanced.

Charge off – This is a credit card debt or loan which is written off as being uncollectible from a borrower. This at times is the case when the loan has been sold or given the debt to some collection agency. This debt remains collectable.

Checking account – The money which is kept in savings or a bank for safekeeping. This money can be withdrawn easily by simply writing out a check or using an ATM machine.

Security or Collateral – Often an asset which is pledged in order to assure repayment of debt.

Compound interest – Interest which is computed on the loan’s balance, the balance will include all interest which is unpaid.

Co-signer – An individual who willfully signs a loan agreement with the borrower and partly assumes responsibility of repayment of a loan.

Credit – The promise to pay the amount at a later date for services or goods availed presently.

Credit application – A request for credit given in writing. At times an application fee will be charged in order to cover the cost of processing the loan.

Credit bureau – An organization that works to compile the credit histories of would be borrowers and also provides these reports to lenders. These reports are used by lenders for making decisions. Experian, TransUnion and Equifax are the largest credit reporting agencies in America.

Credit card – This is a card issued by the bank in order to make payments for purchases. The outstanding balance is subject to interest.

Credit counseling – A type of counseling which is provided by organizations aimed at helping consumers with ways to repair their credit so as to get their financial affairs back on track.

Credit limit – The most amount of money which is allowed to be charged on a line of credit or credit card.

Credit line – This is also often referred to personal line of credit and is the maximum amount a person can get against his or her account. Once the credit line has been repaid the person can then re-borrow against this account.

Credit report – This is a report which is actually the history of a person’s debt repayment, outstanding debts, bankruptcies and late payments. It will also have his or her bankruptcies.

Creditor – A business or person from who you are borrowing or someone you owe money to.

Debit card – This is a card issued by a bank or some other financial institution and often used for purchases. The purchase is deducted directly from a checking account.

Debt – The amount which is owed to a lender.

Debt Consolidation – This refers to a strategy which is at times used by people to improve their debt management issues. Instead of opting to pay several bills every month a consumer will just pay his debt with one bill to one financial institution.

Default – The failure to pay back a loan or meet the terms the loan agreement.

Delinquency – Failing to pay on time.

Direct Deposit – This is an electronic funds transfer directly to a bank account, so paper check is not needed.

Equal Credit Opportunity Act – This is a federal law which prohibits lenders from any sort of applicant discrimination.

E-Signature – Often referred to as an electronic signature this requires a software which binds your signature or some other mark to a document. The E-sign bill was passed by the government in June 2000 which legalizes this signature.

The Fair Credit Reporting Act – This is a federal law which gives borrowers the right to lean exactly what info credit reporting agencies currently have on them, it also enables them to dispute incorrect data.

Fair Debt Collections Practices Act – This is a federal level law that works to protect people from abusive or harassing conduct or misleading and false representations for debt collection.

FDIC or Federal Deposit Insurance Corporation – Usually a federal agency which insures a consumer’s deposit in their savings and for a loan of up to $100,000 for every account. These deposits will include savings and checking accounts and also deposit certificates.

Finance charge – Credit costs expressed in a dollar amount.

A fixed interest rate – A rate of interest which will not change through the term of the loan.

Foreclosure – This is a legal process in which collateral that has been pledged for a loan can be sold in order to repay the loan if the borrower defaults.

Installment loan – This is a loan that has a predetermined number of payments and loan amount.

Interest – A fee that the lender charges for borrowing a sum of money.

Interest rate – A rate that a lender will charge borrowers in order to borrow money from them. It is expressed in percentage % per annum.

Judgment – This is a court order which is made by the court and which is related to a lawsuit. It actually decides who wins the case.

Late payment fee – This is a charge for a payment which is not received in time.

Lease – This is a legal contract which allows a consumer to use some asset like a car for payment. The asset needs to be returned once the lease term ends.

Lender – A business or a person who lends or even offers loans to people.

Liable – to have legal responsibility.

Lien – When a creditor lays claim to a piece of property to ensure his debt is paid off.

Loan – Any amount which is borrowed so that it can be repaid later with added interest.

Loan Agreement – This is a legal contract which details the conditions and the terms of the loan.

Mortgage loan – This is used to purchase a piece of real estate. Here the property is actually the security for this loan.

Public Record – This is information which is gotten from federal, state or other sources which details a person’s history of financial obligations which includes child support and alimony.

Refinance – To pay off an existing loan with whatever proceeds have been had from the new loan in order to enjoy a lower interest rate.

Repossess – The voluntary or forced surrender of items in the case of a consumer’s failure to pay back a loan.

Right of recession – The right of a borrower to cancel the contract within just three working days.

Savings account – The money which his kept in a savings account and for safekeeping. Big reason here is that savings accounts will earn interest on money kept in this account.

Secured loan – This is a loan where the borrower will pledge his asset like a car or home which will be sold if he is not able to pay back the loan.

Security – check collateral.

Simple interest – The interest is computed on the basis of outstanding as long as some portions remain still unpaid.

Title – A document which proves ownership of property.

Truth in Lending Act – This is a federal law which mostly requires lenders to be able to disclose to their borrowers the actual cost of the loan. This will include the actual interest rate as well as the terms and conditions of this loan in an easy to understand fashion.

Unsecured loan – This is a loan given on the bases of a borrower’s word to pay back.

Variable interest rate – This is an interest rate which will change based on the current index, like a prime rate.

Yield – Often used for an effective rate of return which is paid on money market accounts, bonds or savings.

Get A Loan Now Quickly And Easily

Disclosures
Important Disclosures. Please Read Carefully.

This website provides its services free of charge. In order for us to provide a free service to you, we may receive compensation from third-party advertisers. This compensation may affect the manner in which certain products or services may be displayed throughout our website. Please note that not all financial service products or services are available through this website.

Material Disclosure:

The operator of this website is not a lender, and we do not control and are not responsible for the actions of any lender. Not all lenders in our network can provide up to $5,000. The service is not available in all states. Residents of New York are not eligible to use the service to request a loan. We can’t guarantee that your request will be accepted by one of participating lenders. The service is absolutely free. We do not charge you for any service. You may exit the process at any step as you are under no obligation to accept the loan presented. For details on your loan please contact your lender directly. Credit Implications We do not make any loans or credit decisions. Our lenders may perform credit checks to determine your credit worthiness, credit standing and/or credit capacity. By submitting your request you agree to allow our lenders to verify your personal information and check your credit. Please be aware that missing a payment or making a late payment can negatively impact your credit score. Our lenders do not look at credit alone so a low score won't necessarily disqualify you. Our lenders also look at income and previous outstanding loans. APR Disclosure Your lender will provide you with the terms and fees of your loan, APR, repayment terms and costs prior to the execution of your loan documents. APRs and repayment terms provided by lenders may vary depending on specific criteria. Representative APRs range from 5.99% to 35.99%. Loans repayment period: minimum 61 Days, maximum 72 months APR is based on the amount of your loan, cost of the loan, term of the loan, repayment amounts and timing of payments and payoff. APRs may be regulated by state and local laws. As we do not have access to the terms of your loan, so only lenders can provide you with information about your loan terms and rates, renewal policy and the implications of non-payment and late payment.

Lender Network Disclosure

This website is a free no-obligation service which connects consumers who are looking to borrow with lenders who are willing to lend to them. We are not a lender and we don’t provide any loan funds, make lending decisions or influence loan approvals. Lenders in our network each have unique lending criteria and individual terms and conditions. When a lender approves you for a loan, they will provide you with a no-obligation loan offer which you should read carefully before deciding whether to progress with the loan. You are under no obligation to accept any loan offers you are provided with. Using This website allows you to reach a network of lenders who might be able to help with your needs via one quick and easy form. We use our bespoke financial technology to save you time and effort connecting to a lender who can help with your needs,

Credit Check Disclosure

We do not make any loans or credit decisions. Our lenders may perform credit checks to determine your credit worthiness, credit standing and/or credit capacity. Credit checks may be performed with the 3 reporting credit bureaus: Experian, Equifax, and Trans Union. By submitting your request you agree to allow our lenders to verify your personal information and check your credit. Please be aware that missing a payment or making a late payment can negatively impact your credit score.

We do not make any loans or credit decisions. Our lenders may perform credit checks to determine your credit worthiness, credit standing and/or credit capacity. Credit checks may be performed with the 3 reporting credit bureaus: Experian, Equifax, and Trans Union. By submitting your request you agree to allow our lenders to verify your personal information and check your credit. Please be aware that missing a payment or making a late payment can negatively impact your credit score.

State Availability Disclosure

Not all This website network lenders operate in all US states. Residents of some US states may not be eligible for installment loan products, due to state legislation requirements. By entering your ZIP code at the start of our loan offer process, you shall be informed of any limitations regarding obtaining a loan if you are resident in certain US states.

Truth in Lending Policy

All lenders in the This website network adhere strictly to the Truth in Lending Act and will provide fully transparent loan offers and contractual agreements as best practice and as required by federal law. Truth in Lending helps protect consumers against predatory and unscrupulous lending. It’s really important to read all paperwork carefully to ensure you understand repayment terms, dates, APR and any other charges associated with your loan. Remember, you are under no obligation to accept any loan offer unless you are completely happy with the terms offered.

When you receive a loan offer via our network, your lender will disclose details of all relevant loan information, including the applicable interest rates, any additional fees there may be, repayment terms, unique terms and conditions and any other key loan information. You should read and understand this information before you decide to progress with the loan offer. It’s important to us that you make informed financial decisions when you use our services. There’s no obligation or pressure to accept any loan offer you are provided with, and you can choose to decline any loan offer made to you.

APR Disclosure

Your lender will provide you with the terms and fees of your loan, APR, repayment terms and costs prior to the execution of your loan documents. APRs and repayment terms provided by lenders may vary depending on specific criteria. Representative APRs range from 5.99% to 35.99%. Loans repayment period: minimum 61 Days, maximum 72 months APR is based on the amount of your loan, cost of the loan, term of the loan, repayment amounts and timing of payments and payoff. APRs may be regulated by state and local laws. As we do not have access to the terms of your loan, so only lenders can provide you with information about your loan terms and rates, renewal policy and the implications of non-payment and late payment.

Representative Example
APR, Total Loan Costs & All Applicable Fees

Loan Amount $1,000 $2,000 $5,000 $10,000
Interest Rate 24% 19% 13% 8%
Loan Term 12 Months 24 Months 48 Months 60 Months
Fee 3% 5% 8% 10%
Fee Cost $30 $100 $400 $1,000
Repayment $94.56 $100.82 $131.67 $202.28
APR 29.82% 24.12% 18.23% 9.20%
Total Payments $1,134.72 $2,419.68 $6,320.12 $12,136.80
Total Costs $164.72 $519.68 $1,720.12 $3,136.80

The website is not an offer to lend. The website only provides a service and is not an agent, representative, or broker of any lender and does not endorse or charge you for any loan or product. The website operators are not lenders, do not make loans of any type, and do not make credit decisions.

The website collects personal information provided by you and forwards it to partners in our lender network. You are under no obligation to use this website or service to initiate, contact, nor apply for credit or any loan product with any service provider or lender. Loan amounts vary from $100 and $5,000 but not all lenders can provide up to $5,000. Providing your information on the website does not guarantee you will be approved for a loan or credit product.

Cash transfer times may vary between lenders and may depend on your individual financial institution. In some circumstances faxing may be required. If you have any questions, contact your lender directly for details, questions, or concerns regarding your loan or credit product. Short-term cash loans are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution.

This service and lenders are not available in all states. Lenders may perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union or may perform alternative credit checks or consumer reports through alternative providers. By submitting your request, you acknowledge, agree, and authorize that (a) your information may be sent to lenders and/or third-party partners on your behalf, and (b) such lenders may obtain consumer reports and related information about you from one or more consumer reporting agencies, such as TransUnion, Experian and Equifax to evaluate your creditworthiness.

Email Address: info@1000loanbadcredit.com

© 2021 1000loanbadcredit.com. All rights reserved.