Questions

Questions

When submitting a request for a personal loan, first time borrowers are likely to have some questions. To help provide insight into the process at fastmoney.com, we have taken the time to compile a list of common questions and easy to understand answers.

Questions regarding the status of a loan request, repayment, or extension opportunities must be addressed directly to the lender handling the loan. The lender's contact information will be provided to all borrowers after the request has been submitted.

1. What is a personal loan?

A personal loan is basically an installment loan with loan amounts that range from $1000 to $35,000. Rates, repayment terms, and loan amounts will vary by state, credit worthiness, and lender. Online personal loans have become very popular since the process of requesting a loan is convenient and safe. Upon approval, the lender can in most cases deposit the funds directly into the customers checking account in as early as 1 business day.

2. How do I know if I qualify for a personal loan? What do I need to request a personal loan?

To request a personal loan, you need to meet the following criteria:

-Be at least 18 years old
-Be a citizen or permanent resident of the United States
-Have a job (held for at least 90 days)
-Earn at least 1000 dollars each month (after taxes)
-Have current home and work phone numbers
-Hold a valid email address

3. How much money can I get with a personal loan?

Most loans range from 500 to 10,000 dollars. Some borrowers may be eligible for higher amounts, depending on their borrowing history and take home pay. The maximum and minimum amounts will vary depending on the lender's unique criteria.

4. How will I receive my fast money?

Approved borrowers can receive their funds via direct deposit in as soon as 1 business day.

5. What if I have bad credit or have had to declare bankruptcy in the past? Can I still get a loan?

Our network of lender welcome all credit types.

6. How long does it take to get a personal loan?

Filling out an request can take as little as five minutes. As for receiving the funds, the majority of approved borrowers can receive their funds in as early as 1 business day.

7. How much does a personal loan cost?

The exact cost of a personal loan will depend on the lender and the amount of the loan. Overall, borrowers should always weigh the cost against the need. In these situations, a personal loan will usually cost less than late charges, check fees, or other costs that are associated with financial emergencies.

Fees and repayment terms vary by state, lender and a borrowers credit worthiness. Lenders now rely on automatic withdrawal to deduct the loan amount and fees from the borrower's bank account on the due date. This makes it more convenient for the borrower to repay the loan.

8. How can I trust that my private information is protected when I apply?

FastMoney.com uses advanced encryption technology to protect your personal information. For more details on security and privacy, please read our Privacy Policy and Terms of Use.

9. How do I get a loan extension?

All extensions and refinancing needs to be done through the lender. Borrowers will receive the lender's contact information via email at the end of the request process. The lender will then follow up with information about approval, cancellations, payments, and extensions. Just remember to always contact the lender about an extension before the loan is due.

Start Now!

By applying and submitting your information you understand and agree to our Privacy Policy and Terms of Use.

Customer notice: FastMoney.com has lenders offering online personal loans ranging generally from $500 to $10,000. A personal loan can be a great option for those customers looking to borrow money for a wedding, home improvement, or family vacation. The online process is designed with customer convenience in mind. Consumers facing debt and credit difficulties should seek out debt and credit advisory help. You will not be charged any fees to use FastMoney.com's services.

Legal Disclaimer: FastMoney.com's Terms of Use and the FastMoney.com Privacy Policy apply to the use of this website and its services. FastMoney.com matches borrowers with lenders and thus the specific terms and conditions of the specific lender will apply to any loan a borrower takes out. Any display of APR, loan amounts, interest or other loan details are only estimations. In reality these amounts will vary by lender and by borrower. Lending decisions are based on many factors, including but not limited to credit history, employment history, and loan repayment history. Please note that some lenders may perform credit checks as part of their credit transaction approval process. You are under no obligation to use FastMoney.com's service to initiate contact, or request for credit or any loan product with any service provider or lender. THE OWNERS AND OPERATORS OF THIS WEBSITE ARE NOT LENDERS, they do not broker loans and they do not make any personal loans or make any credit decisions. FastMoney.com simply helps borrowers find lenders for installment loans.

FastMoney.com aims to inform users of possible lenders who may be able to satisfy the needs of a particular consumer. Nothing on this website is an offer or a solicitation to lend. Any information you submit to this site will be provided to a lender. The operator of this website is not an agent, representative or broker of any lender and does not endorse or charge you for any service or product.

Availability: Every state has its own set of rules and regulations that govern personal loan lenders. Your loan amount, APR and repayment term will vary based on your credit worthiness, state and lender.