If you have any questions about online loan industry and processes behind obtaining online personal loan, you may be able to find the answer to your question here. Below is the list of the questions that upfinances.com is asked most frequently. If you cannot find the answer to your question here for any reason, you can contact us via any of the methods listed on our Contact page. Please keep in mind that we do not have any access to the information about specific loan offers or terms. These questions should be addressed to your lender directly.
Can I qualify for a personal loan?
General qualification requirements are the following:
How much can I borrow?
Although most lenders in our network will loan between $500 and $5000, we cannot guarantee that your request will be accepted by a participating lender. The exact loan amount depends on legal restrictions and how the lender evaluates your personal information.
How will I get my money?
Your lender will deposit the funds directly to your bank account in as soon as the next business day following your loan approval.
Can I apply if I have bad credit?
Yes, you may still qualify for a loan even with a bad credit.
How long does it usually take?
It takes only several minutes to complete our secure online form. Once you are approved for a loan, the funds are typically sent in as little as 24 hours.
How much does it cost?
Our service is free to apply. The cost of your loan is determined by the lender in accordance with the regulations in your state of living.
What APR and terms can I get from a lender?
Participating lenders' rates range from 4.99% to 29.85% APR with the repayment period from 65 days to 84 months.
How do I repay my loan?
Repayments are automated. Your loan payment will be taken from your bank account on its due date.
What if I'm late with the payment or cannot repay the loan?
If you are experiencing financial difficulties and struggling to make payments on time, it's important that you notify your lender as soon as possible to minimize damage and avoid overwhelming fees. Only your lender can inform you on their late payment and non-payment policy. Missing a payment or making a late payment can have negative impact your credit score.
If you default on your loan obligations, lenders are entitled to initiate debt collection practices in compliance with the law.
Is my information safe?
What can I use my loan for?
Basically, it can be used for any purpose: from home improvement and medical expenses, to debt consolidation. It is entirely up to you.