www.consumerloans.com – Apply For A Loan In Minutes

Consumer Loans

  • Apply for a loan up to $35,000 online in just a few minutes
  • Loan amounts can be higher but that would be in special circumstances only (i.e. high net worth applicants)
  • Must be 18 years of age or older in order to apply and be approved

The Consumer Loans application requires the consumer to provide the loan type (i.e. personal, pay-day), how much they would like to borrow ($5000, $9000), zip code, along with their first/last name with a valid email address.  This Consumer Loans program lender matching engine will then quickly matches the loan applicant with the best loan based on the consumers income and credit score.



Consumer Loans Comments

  • Most applicants will hopefully receive an instant approval online no questions asked
  • Sometimes the application will require additional information and personal review (in this even the lender will contact the applicant directly by phone to discuss possible loan options
  • Most applicants should request a minimum loan amount of $1000 and lenders will not usually approve a consumer who has a poor credit rating
  • Please be aware that the APR is not the entire story and can be misleading in certain circumstances as some short lenders can have APRs north of 1000% over the life of the loan and the interest calculation can be very difficult (consumers want to avoid these types of loans)
  • By definition a short-term loan (often called a pay-day loan) is a loan of 60 days or less
  • Customers with poor credit should seek credit counseling and avoid applying for these loans
  • Loans payment and grace periods will differ depending on the state and the lender
  • Miss loan payments will hurt a customer’s credit score

Please note that Consumer Loans is not a lender as they do not take or process loan applications or make credit decisions

Primary References

  1. www.consumerloans.com