Who needs a short-term, Personal Loan?
Anyone that encounters a major, financial emergency may be in need of a short-term, personal loan. Most personal loans, from our network of short-term lenders, have an approximate duration of 14-days. Everyone falls on hard times every now and then. When those anxious times occur, our loan network will be there to help you bridge that financial gap. Our lenders are professionals that offer remarkable customer service and very competitive rates. Allow our network of short-term lenders to âfloatâ you a loan until your next pay period. If you should have a need for short-term cash due to any of the following reasons, our network of lenders can help:
- Auto engine repair
- Flat screen TV purchase for the big game
- Groceries
- Medical bills
- Pet emergencies
- Rent
- Utility bills
- ......and more!
Our âFirstPersonalLoan.comâ network of lenders have your money and are ready 24/7/365 to meet your online, short-term needs for cash. In many cases, a traditional bank will take much longer to fund your loan. In addition, they tend to have stricter âlending guidelinesâ than do the lenders in our âFirstPersonalLoan.comâ Network. Personal loans should be used for short-term emergencies only.
How Does a Short-term , Personal Loan Work?
Our approval process is super fast, confidential, painless and secure. Once you provide your basic information, you will get a quick response. Once you qualify, your cash advance will be deposited directly into your bank account, generally, within 24 hours. Our network of lenders enjoy telling our customers, âYour cash is in your bank account now.â Donât get caught paying overdraft protection fees, or late loan fees, from your current bank or credit cards. Get your needed cash now!
Representative APR Range
FirstPersonalLoan.com is not a lender and does not provide short-term or installment loans but refers consumers to lenders who may provide such loans. FirstPersonalLoan.com is unable to supply you with an exact APR (Annual Percentage Rate) that you will be charged if you are approved for a loan. APRs vary according to the information supplied by you in your loan request and your lender. You will be given the APR, loan fees, and other terms by your lender when you are redirected to your loan agreement in the loan request process.
The APR on a short-term or installment loan can range from 200% to 2,290% depending on how the APR is calculated (nominal vs. effective), the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan renewal actions, and other factors. Keep in mind that the APR range is not your finance charge and your finance charge will be disclosed later on.
How does the APR for a single payment short-term or installment loan compare to other options?
Compare your options for the cost of $100 extension of credit for 14 days:
| Product Type (single repayment) | Charge | APR |
|---|---|---|
| NSF + Bounced Check | $45.00 | 1,173.21% |
| Overdraft Fee | $30.00 | 782.14% |
| Late Fee | $20.00 | 521.43% |
Renewal Policy Information
Loan renewal policies are largely governed by state regulatory legislation. Every Lender has its own renewal policy, which may differ from Lender to Lender. The loan renewal options will be presented to you by your lender prior to your acceptance of the loan. Please make sure to diligently read the renewal policy presented to you prior to signing the loan documents. Short-term and installment loans are intended to be a short term financial instrument. FirstPersonalLoan.com encourages all consumers to repay the loan on time and in full in order to avoid late payment and/or non-payment fees. If you suspect that you may be unable to pay off a short-term or installment loan we would recommend that you explore other loan alternatives before applying for a short-term or installment loan.
What Happens If I Donât Repay On Time or Repay At All?
Each lender has its own T&Cs (Terms & Conditions). If you donât repay your loan as agreed upon in your T&Cs, you will incur late fees. Obviously, you will want to pay back your personal loan in a timely manner. Again think of the reason youâre in need of a short-term loanâitâs to help you stay afloat until your next pay period. If you donât pay the loan back, you will no doubt be sent to âcollectionsâ based on the T&Cs within your loan documents; most traditional, and non-traditional, lenders work that way.
Partial payments, non-payments and late payments are subject to a late fee. If you agree to repay a loan, and you run into difficulty paying it as agreed upon, please contact the lender directly to work out an agreeable âpayment arrangement.â Each lender, in the âFirstPersonalLoan.comâ Network has its own T&Cs. Read them carefully before making the commitment.
While most lenders, in the âFirstPersonalLoan.comâ Network donât run a traditional credit check, many of them will run a credit check against the major reporting agencies, e.g., Equifax, Trans Union, Experian and/or use other methods to ensure that youâre a prudent risk based on your credit payment history. You should also know that some lenders may also report negative payment information, to the various credit reporting agencies, should you not repay your loan as agreed upon. You want to be smart about managing your money and not overpay for your short-term âbridge loan.â Each lenderâs Customer Service representative will be happy to answer any of your questions to help you properly manage your loan(s).
THE OWNER OF THIS WEBSITE IS NOT A LENDER
Nor do we broker loans to lenders. Weâre not an agent nor representative of any lender(s) within the âFirstPersonalLoan.comâ Network. Weâre in the business of providing leads to our network and in no way influence their T&Cs. This website doesnât provide an offer or solicitation to lend. This website does allow you the opportunity to submit your information to each lender for their consideration to lend you cash on a short-term basis.
Providing your information, requested on this website, doesnât guarantee that a lender will be able to provide you with your requested need for cash. Cash advances are, by nature, meant to be a short-term solution to your money problems. The amount of time each lender requires may vary depending upon a number of factors, e.g., your bankâs processing time, each lenderâs processing timeline and your ability to provide timely and accurate information requested on this website. For further details, please contact your lender directly. This offer is not available in the state of New York due to interest rate limits set by the state of NY.