Applying for a Single-Pay loan, Personal Loan or Small Business Loan though the EngageLoans Lenders Network is easy. Just complete our simple online application to find out if you qualify.
If your loan application qualifies for a program with one of the lenders in our network, you will be asked by your lender to review and sign their loan agreement. It's important to go over the loan agreement details including the terms, fees and interest rate chargeable to you under the lender agreement. During this process, we highly encourage you to review our how it works page and our how to calculate a personal loan APR, you can also email (customersupport@engageloans.com) with any questions.
Once you've receive an approval notice from a lender you will need sign your agreement and sent it back to the lender who you will be working with, this lender may need to speak with you to verify your application details. We may also require additional third party verification: (i) from your bank; (ii) of your employment; and (iii) of your income details, before your payday loan or personal loan can be approved.
Please know that you are never under obligation to accept the loan terms that a lender gives you.
Once you've gone through the verification process, and you've been approved for your loan or line of credit, the funds may be deposited into your bank account as early as the next business day*.
* The date and time that funds are deposited in your bank account are subject to the time of your financial institution.
We work with many different lenders who may offer more than one product, each product may have a different repayment process. Please visit our Rates & Terms calculator page to see how rates and terms work. Many lenders work within a State lending model and are required to follow the state at which you reside in lending laws. Ask the lender you are working with which payday loan or personal loan you may qualify for based on your state of residence. Most lenders also send email payment reminders to their customers.
Loan types vary because each loan has a specific intended use. They can vary by amount of the loan, purpose of the loan, length of time, by how interest rates are calculated, by when fees are paid, by when payments are due and by a number of other variables.
Could you use some extra money? At times when you do, a personal loan can be used for any unexpected personal expenses and don’t have a designated purpose. Maybe your credit card interest rates are through the roof, you need to make a major purchase. This is when personal loans are an attractive option, use your loan to consolidate debts, cover medical bills, or make some home improvements, or even improve your credit.
Learn more about Personal Loans
Small business loans can be critical to the success of any small business weather its a start up an aspiring entrepreneur or an established business looking to to expand. There is more options unlike before, not just the traditional banks are offering these kinds of loans. From SBA loans to Working Capital Loans to business lines of credit or personal loan for business, with more programs offered by many online lenders you now have more options.
See options for Small Business Loans
Payday loans are short-term loans secured against your next paycheck, with high-interest rates or fees designed to bridge the gap from one paycheck to the next, used predominantly by repeat borrowers who are experiencing some kind of emergency.
There has been some positive change to this kind of lending, there are several non traditional payday loan alternative lenders who are popping up.
Learn more about Single-Pay Loans
There are a few different types of cash advance, a credit card cash advance is a loan against your credit limit used by going to an ATM or bank and pulling what your credit card cash advance limit is, a different type of cash advance is one in which you write a check to a cash advance lender for the amount you need and the lender deposits the check on an agreed checkdate there is also an online cash advance that works like a payday loan with you agreeing to allow the lender to debit the amount borrowed.
Learn more about Line Of Credit Loans
Most credit scores operate within the range of 301 to 850. Within that range, there are different categories, from bad to excellent. Each lender sets its own standards for what constitutes a “good� FICO score. But, in general, FICO scores fall along the following lines:
Before you apply for a loan or credit card, it’s important to know where you stand when it come to your credit score. Viewing your credit score doesn't lower you score unlike a credit report when viewed by some creditors can lower your score by a few points. There's a few ways to get your score without having to pay of it, if you have a credit card check to see if they offer this as a free service. If not here are some credit cards that offer free scores, and you may also be able to get a free score online.
Since there are different credit scoring source's its important to try and use the same score every time you check, as each score weighs your credit history a little differently. The source of where you are viewing your score may also be using a an entirely different source, for example Citi, gives some customers access to NextGen FICO credit card scores, which are on a 250-900 scale.
Picking a sources to view your score and stick with it to monitor your progress is one of the most important practices in understanding your credit worthiness. Advancements you make measured by one score will be reflected in the others. (Here’s how to improve your credit scores; the advice applies to whatever score you decide to track.)
Your credit score is much like your weight in that it may fluctuate. But as long as you keep your weight within a manageable rage you health will not be effect in a bad way, same goes with how your credit score if kept within the healthy credit rage those variations wont have a negative impact on your financial well-bein.
A resource of entertaining articles and easy-to-follow tips that can help you reach your personal financial goals.
Factor | Factor Weight |
---|---|
Payment history | 35% |
How much you owe | 30% |
Length of credit history | 15% |
Type of Credit | 10% |
New credit (Inquiries) | 10% |
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