Late payment fees will vary by your loan type and state. If you’ve borrowed a prime loan, it’s critical that you make your payments on time since these will be reported to all three credit bureaus.
Bad credit is OK. As long as you have a regular source of income, you can apply for a loan through GreenTrustLoans
Quick and easy process. Completing the online application takes no more than a few minutes. If you apply during business hours, you a GreenTrustLoans representative will call you in as little as 15 minutes. Once you accept the loan contract, GreenTrustLoans disburses the approved funds by the following business day.
No prepayment penalties. GreenTrustLoans lets you repay the entire loan amount ahead of schedule without charging any penalties.
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.
Here are a few easy ways to a provider with a good reputation and avoid scams.
Look for contact information. If you can’t find contact information anywhere on the website, that may be a red flag. You should be able to easily consult with a broker agent at any point in the process.
Check the Better Business Bureau. A BBB rating is a decent indicator of a broker’s trustworthiness. Look for a B+ or higher.
Avoid approval guarantees. There’s no such thing as a guaranteed loan so you’ll want to avoid brokers that guarantee they’ll match you with a lender. You need to meet certain eligibility criteria to qualify for a loan, even if it’s as simple as being 18 years old and having an open bank account.