No, by filling out our application you basically forwarding your info to lenders in the industry and allowing them to get in touch with you with loan offers. You are not obligated to take the loan and the application process is offered at no charge to you.
The biggest difference between a loan and a line of credit is that with a loan you get a lump sum amount at once and with a line of credit you have access to the money as you need it. Since you receive the lump sum all at once with a loan, you have to start making payments right away on the full balance of the loan. However, with a line of credit you only withdraw what you need when you need it. Thus, your payments will based on the outstanding balance.
No, GetMoney.com is not in anyway connected to the underwriting and approval departments of the lenders and investors. We simply help match and put borrower in touch with a lender that can hopefully meet our applicants needs.
Every loan and lender has different criteria’s for qualifying and approving an applicant. We work with a wide range of lenders and investors, so there is good chance we’ll be able to match you up even if you don’t have perfect credit.
It’s simple. You fill out our short online application and the application will automatically get forwarded to the appropriate lenders and investors. Generally to qualify your application, our group of lenders and investors will look at your credit history, income, debt balance and ability to repay the loan prior to making a decision. Once you application is qualified, the lender will contact you to proceed to the next phase; which usually includes verifying the information you’ve provided. Depending on the lender, the turn times will vary and will be determined on a case by case basis.
Unfortunately, there is no way to tell. The rates will fluctuate based on many factors such as amortization period, loan type, your credit score and sometimes the purpose of the loan. To see what rates you qualify for, complete our online application and wait for a quick response from one of the many lenders / investors we work with.
It depends on the lender you choose to work with and how you choose to receive your cash. Usually, lenders prefer direct deposits for smaller loans and wire transfers or checks for larger loan amounts.