Get Online Bad Credit Personal Loans Within Minutes!!!

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What’s your number?

Car sharing tastaturIf a consumer has a credit score of less than 550, they will find it challenging to find lending options from banks that are accompanied by attractive interest rates. Typically, the best interest rates are reserved for consumers that have credit scores of 650 and above, despite this not being representative of the average credit score in American today, which is in the 600 range.

What do you do if you have a middle to low credit score?

So-called “subprime” borrowing – financing deals that are specifically geared towards those with low ad poor credit – is an available option, directly from specialist lenders via their websites. These lenders are creating online bad credit personal loans that can be made available to a wide variety of individuals.

Some drawbacks of approaching a lender directly

Higher interest rates: However, some of these lenders do not offer competitive deals, with their interest rates typically much higher than regular loan options.

Pressure to accept: Another drawback of approaching a lender directly is the pressure to accept a loan offer – usually, only one option will be presented and meeting a lender in person brings with it other pressures to “sign the deal” and accept the terms there and then, without time to consider any alternatives that may be more suitable.

Time consuming: It can be time consuming to go through the entire application process time and again with various lenders if a consumer has not found the right deal to suit their needs.

Security concerns: It can be daunting to fill in multiple online applications that ask personal questions and there may be security concerns with some of the lender’s websites if their security credentials have not been verified.

A new option – use an introduction specialist

There is a new option that may be more appealing to consumers who want to compare a range of loans from multiple lenders via one site that is secure and confidential. One such website is, which is a new lender introduction site. It is not itself a lender, but has developed some close working partnerships with a large number of online lenders that specialize in offering very competitive rates for bad credit loans.

One application form sent to many

The site has created a special “submit and compare rates” platform that allows consumers to fill in a single application form via its online form. The site then uses its expertise to match and connect the applicant with a network of the most suitable lenders for that individual’s needs. Each of these lenders has been extensively screened by the site for professionalism, reputability and value for money via their interest rates and loan offers. The site’s unique algorithm does all of the hard work of selecting the lenders and then submitting an application on behalf of the consumer. This saves significant amounts of time and may represent a much more efficient way for consumers to find out the cheapest way to borrow when they are short on time but need extra money fast.

No obligation to accept

Another special feature of the site is the “no obligation” policy that is attached to each and every application a customer makes. As is not a lender, is has no interest in pressurizing consumers to take a loan that may be offered to them from a lender. As such, applicants are free to apply, compare and walk away if they do not find something that suits them.

Free, secure and fast

It is free to use the personal loan matching service and the site is protected by SSL encryption. What’s more is that the site has the stamp of approval from McAfee in the form of being rated as a McAfee Secure™ site, so consumers can feel safe that their personal details remain private and safe. It takes only a couple of minutes to fill in the online application and it is assessed on screen, within a couple of minutes of clicking on the “submit” button. If a consumer is offered a loan by a lender and decides to take it, most of the lenders within the site’s network can arrange for rapid-fast disbursements directly into a checking account within 48 hours.

To learn more about the new service from the lender introduction site or apply for an online bad credit personal loan from a pre-screened network of lenders, the site can be visited 24 hours a day for immediate loan comparison.

Have you ever applied for a poor credit loan online? Were you pleased with the experience? What do you think about new aggregator sites that submit applications to lenders on behalf of applicants? Tell us what you think!



One thought on “Get Online Bad Credit Personal Loans Within Minutes!!!

  1. Elizabeth Roberts

    This type of loan is what people with bad credit really need. Getting the access/application online is a fast process.

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