This is an Honest Loans review, Honest Loans is a personal loan service that makes borrowing fast and simple. You can get loans from $100 to $50,000 as quick as tomorrow even if you have bad credit.
Life happens.
Sometimes you need access to money to pay a bill, debt consolidation, repairs or maintenance, or personal needs. You can get help by getting a quick personal loan to help you financially.
A Personal Loan is a loan usually meant for personal, family or household purposes. These types of loans are unsecured, meaning that it is not necessary to have any form of collateral such as property to be approved. All that is required is proof of your identity and a regular source of income. Personal Loans are typically repaid in fixed monthly payments.
There are no specific limitations on how a personal loan can be used. Once you've been approved, you are free to use the funds as you desire.
Below are some common uses people use Honest Loans:
- Debt Consolidation
If you are carrying a large amount of debt from previous loans, a personal loan can be used to consolidate your payments into one easy monthly payment with a lower interest rate. Doing so can save you a lot of money. - Repairs and Renovations
Been putting off a major repair to your car or home? Or are you in need of renovating your kitchen to increase its value? A personal loan can be used to get the job done under affordable terms you are able to handle. - Major & Unexpected Expenses
Life's unpredictability can have a serious impact on your finances. Unexpected medical bills, major car repairs or an emergency can all be reasons to utilize a personal loan. - Personal Needs
The beauty of a personal loan is that it is completely flexible. There are no restrictions on what you can use it for.
Don’t worry; we’ve all been there.
And thanks to technology, it’s possible to get a personal loan in as quick as tomorrow with Honest Loans.
This is a review of Honest Loans.com that offers personal loans online and the great thing is that all credit types are accepted.
Let's get started.
Honest Loans Review 2022
What is Honest Loans?
At Honest Loans, they understand that financial events don't always follow a regular pay schedule and sometimes people need some help. Their mission is to provide customers with fast access to a personal loan through a simple, secure and transparent process.
A personal loan is a type of loan that is intended for personal or family use. Personal loans are typically unsecured, meaning that it is not necessary to have any form of collateral such as property to be approved. All you need to qualify is proof of your identity and a regular source of income. Some common uses for personal loans are completing a large purchase, renovation or repair, consolidating debt, or to simply cover unexpected expenses, both large and small.
Will I get approved for a cash loan from Honest Loans?
All Credit Types Accepted. Honest Loans’ network of lenders offers a full range of loans for people with excellent credit as well as bad credit. If you are 18 years or older and have a regular source of income, you can be approved for a loan. Simply apply to see your options.
Why Honest Loans is Different
Honest Loans believes that everyone deserves access to credit. When you submit your loan request with Honest Loans, your application is sent to and considered by over one hundred lenders. Their lenders offer multiple loan options to suit your needs, industry-standard security, around the clock access and the ability to apply from home or on the go. The power of borrowing is effectively put in your hands!
Other Options
- APR Range: 8.99% to 29.99% (with all discounts applied)
- Loan Amounts: $5,000 to $100,000
- Repayment Terms: 2 to 7 years
- Fees: Origination fees up to 7%
- Funding Time: Most loans funded same or next day
- Credit Score Requirement: Minimum 680
- APR Range: 5.94% to 35.47%
- Loan Amounts: $1,000 to $50,000
- Repayment Terms: 3 to 5 years
- Fees: Origination fees apply
- Funding Time: Same-day funding available
- Credit Score Requirement: Minimum 560
- APR Range: 7.80% to 35.99%
- Loan Amounts: $1,000 to $50,000
- Repayment Terms: 3 or 5 years
- Fees: Origination fees up to 10%
- Funding Time: Most loans funded within 24 hours
- Credit Score Requirement: No minimum; considers factors beyond credit score
- APR Range: Varies by lender
- Loan Amounts: $100 to $15,000
- Repayment Terms: Varies by lender
- Fees: Varies by lender
- Funding Time: As soon as the next business day
- Credit Score Requirement: Varies by lender
How does HonestLoans.com work?
1. Apply Online in 5 Minutes
Honest Loans' secure application form only takes a few minutes to complete. The process is completely online – no lineups and no waiting. Their form is also optimized for both iOS and Android browsers for on the go applications.
2. Sign for your Loan & Collect Your Funds
Once they have connected you with a lender, you can review and e-sign your loan agreement on the spot. Once the process is complete money is usually deposited into your bank account as soon as the next business day.
3. Repay Your Loan
Honest Loans manages a network of personal loan lenders that offer the flexibility to repay with multiple installments, in some cases up to 60 months. They also work with short-term lenders who offer smaller loans that are typically paid back according to your next pay date. In cases where they are unable to connect you with an installment lender, they do their best to secure a short-term loan to address your immediate cash needs.
What are Pros & Cons of Honest Loans?
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Honest Loans Contact Information
There is no phone number listed on the Honest Loans website, as this service is only available online. Please be wary of this if reaching a customer service representative is important to you or if you are okay with performing all the tasks solely online.
How much of a loan does Honest Loans offer?
At Honest Loans, you can apply for a personal loan between $100 and $50,000. The amount you are actually approved for is dependent on a number of factors, including your income, credit history, state of residence and the lender that you are connected with. Not everyone is eligible for $50,000.
In the event that you are not approved for a loan amount you requested, you may still be still eligible to be approved for a lower amount. Simply follow the instructions provided on their application to apply for a lower amount in real-time. Remember, you can do apply for a loan 24/7.
Does Honest Loans work?
Yes, it does, they work with over hundreds of lenders to find you the best personal loan even if you have bad credit. The best thing is that Honest Loans accepts loan applications 24 hours a day, 7 days a week. Their network of lenders is open at all times, unlike conventional banks that are only open during business hours. Once you are approved on our site, you will receive instructions on how to finalize your loan with your lender.
Is Honest Loans safe?
Honest Loans utilizes industry standard security protocol and enhanced 256-bit data encryption technology to ensure that your information is secure while using their website.
Address your financial situation in 5 minutes or less
Financial needs can change over time or suddenly. Honest Loans can empower you to do more regardless of your circumstances. Get started now!
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