WHAT IS A PERSONAL LOAN FOR. People get personal loans to help with home repairs, unexpected expenses, holiday shopping, and more. Such a loan from one of our lenders can best personal loan purpose you get the cash you need. Just fill out our Online Form. Follow the short process and if you are approved, receive your cash loan. APR INFORMATION. Annual Percentage Rate (APR) is a measure of the cost of credit, expressed as a nominal yearly rate. It relates to the amount and timing of value received by the consumer to the amount and timing of payments made.
We cannot guarantee any APR since we are not a lender ourselves. An APR can generally run between 6 up to 35.
Consumers have multiple types of loans from which to choose, including home loans, car loans, credit card advances, and home equity loans. Online installment loans are designed to help when you need a short-term loan fast best personal loan purpose have bad credit or even no credit. Consider an online installment loan if youre cash one loan promotion on money, dont have other credit options, and need help with expenses.
The application process is fast as it is done completely online. Most people complete the process in about 10 minutes. Lenders use your credit score to determine if youre a good or bad risk for a loan. Credit scores range from 300 to 850. The higher the number, the better your score, and the easier it is to get approved for loans. Many lenders consider consumers with scores of 620 or lower to be a bad credit risk.
Therefore, the state is a great place for lenders since the rates and charges are not closely monitored. Although much stigma has been attached to payday loans, they can relay help you during emergency best personal loan purpose. In any case, it is still important to get acquainted with Louisiana cash advance laws. Some knowledge of the overall cost will help you determine whether to take a loan or not. Take Your Time to Perform Research.
It might be understandable if you are in a haste to obtain a cash advance in Louisiana. However, a thorough research will help you get the relevant information you need before making a decision.
Lets say you needed 750 in cash today. Our team would make sure you had that money in your account immediately after it was processed, usually the same day and sometimes even the same hour. Once you get your cash loan, you can repay over a flexible 3 to 6 month period. If best personal loan purpose example you had borrowed 750 cash, you would pay us back in 10 installments of 120.
For the purposes of this example we applied a 380 application fee that would be paid to the agent or broker. Again though, it is ultimately up to the official agent or broker to determine the fees that are applied to each file independent of the interest fees charged by the lender.
What Happens if I Default Payment. There are two scenarios where a payment can be considered defaulted.