If you want to learn more about personal loans from a legal perspective, please review the information below. Note that this information is for guidance only and may change. For the most current legal details, please visit government websites and other relevant sources.
We encourage users to check this section before submitting a request.
Are personal loans legal in the United States?
Yes, personal loans are legal. However, each state has its own standards and regulations for online lending, so it's a good idea to discuss personal loans with state authorities or visit the appropriate governmental websites.
Who’s eligible for a personal loan?
According to U.S. legislation, only residents of the country who are at least 18 years old are eligible for personal loans. You also need a stable source of income. You can use our website to get the funds you need if you’re an adult, legal U.S. resident with a reliable source of financial support.
What is a loan agreement?
A loan agreement is a contract between you and the lender. It formalizes the terms of the loan and is legally binding. If either party breaches the agreement, there will be legal consequences.
What makes a loan agreement complete?
Once you e-sign a loan agreement, you cannot withdraw from it. Your e-signature confirms that you agree to all terms, so we recommend you review everything carefully before signing.
What is your policy on the management of users’ data?
We have established a Privacy Policy to address this topic.
Are there any terms concerning the use of your website?
Please refer to our Terms and Conditions for details.
What can you tell me about rates and fees?
First, our website is completely free. Second, we have a special section, Rates and Fees, to provide information on this topic. Third, rates and fees are detailed in your loan agreement. We do not have specific information about them.
How We Make It Easy
We simplified the process: From start to finish, we’ve streamlined the entire process to make it quick and straightforward. Our form only asks for essential information and can be completed and sent through our network of direct lenders in minutes. Everything is done online, so you can forget about paperwork and long lines.
We made it accessible: All you need is an Internet connection to apply for a loan. A poor credit history won’t necessarily disqualify you. We stay in touch with you and are always available to answer your questions.
We’ve done it for you: We provide essential information about the lending industry so you can make an informed decision and receive the funds you need as soon as possible.
Loan Terms & Conditions
Loan amounts range from $200 to $5,000, with repayment periods from 3 to 36 months and a maximum APR of 35.95%. Longer repayment periods result in smaller monthly payments but higher total interest paid.