From start to finish, its site is designed to guide you to the information you need in order to make an informed decision. There are not only research tools directly on the site, but lending specialists and customer service representatives ready to help guide you through the process of getting funding when you need it most.
GreenTrustLoans is not a direct lender. Instead, it’s a service that connects borrowers’ needs with short-term and payday lenders in its network.
When you complete an application with GreenTrustLoans, you enter your personal and financial details. If you qualify for a loan, GreenTrustLoans connects you with a lender that it thinks best fits your financial needs.
Once connected to a lender, you review the terms and conditions of your specific loan offer and receive your funds in as little as one business day.
GreenTrustLoans uses encryption to make sure your personal and financial information is secure on its website. It’s important to note that as a loan connection service, GreenTrustLoans may share your contact information with third-parties for marketing purposes.
Please borrow responsibly and only if you will be able to pay the money back. Before agreeing to a loan, please make sure you can make your loan payments in full and on time. We support the responsible use of loans and recognize that nobody knows your situation better than you.
Shorter loan term. Payday loans are designed to be short-term solutions to financial shortfalls. You generally won’t find a loan that extends beyond six months, although terms differ by state.
Accepts low credit. Payday lenders often do not conduct a credit check, though you need to provide proof that you can repay the loan — say with a steady income, a bank account in good standing.
Higher rates and fees. Due to their short-term nature and accessibility, payday loans across the board come with a much higher APRs than other forms of credit. Most states regulate how high these APRs can be, but some are still very steep when compared with other types of credit. Be sure to take into account the full cost before you apply.
Smaller loan amounts. Again, how much you can borrow depends on the state you’re in, but you can typically borrow between $100 and $1,000.