Have you applied for a loan lately? It’s shocking how long it can take, and how complicated they can make the process. Let’s say your car needs work. You know it will take too long to save up, but you’ve got enough in your budget to make a loan payment every month. You go to the bank, they say fill out this very long form. Tell us where you work. How much do you earn? What’s your work address? Your boss’s name, email and phone number? Where do you live? If you’ve lived there less than two years, where did you live before that? Ok, now how about your credit? Who do you pay every month? How much do you owe them? What’s their name and address? Who else? And it goes on and on… meanwhile if you’d checked the internet first and applied to direct online lenders you’d have your approval by now. For real – you can be approved online faster than you can fill out the application for a traditional loan.
Good Credit, Bad Credit – It Doesn’t Matter To Direct Online Lenders
Our whole lives seem to depend on our credit reports. If you have good credit, you’re constantly offered credit cards, deals on car loans, preferential treatment at banking institutions. If you have bad credit, not only can’t you get that credit card, but you can even be denied a job or an apartment. Since the Great Recession a lot of responsible, well-employed people have had to learn how to adjust to living with a blemished credit report. Fortunately, there’s an alternative. Direct online lenders use a completely different set of criteria for evaluating a loan application – and for good reason. The standard credit report is looking at a long-term view of your financial life. A lot can happen in seven years – children go from not even being conceived to being in school, companies are created, others go out of business. A couple can meet, marry, have children, and split up in the course of seven years. A credit report looks at everything that’s happened to you in that time that relates to carrying debt and paying it back, and decides whether you’re a good long-term risk. A short-term loan doesn’t carry that risk – as long as you have stable employment now, and have the basic requirements like a bank account, that’s all that’s necessary.
Direct Online Lenders Watch Out For Your Safety Online
We all hear about hacking and identity theft so often that it’s become pretty much an ordinary fact of life in modern times. One of the warnings we hear on a regular basis is not to enter any personal information into a website that we don’t trust – but you can trust direct online lenders! Application websites are protected by the most advanced encryption technology available, so that anyone trying to intercept data sent through the site will get nothing but meaningless jumbled symbols. The only people who can access the information are the direct online lenders – no one else.