Get Up to $40,000 in Personal Loans

Requesting a loan has never been so easy.

Won’t impact your credit score

Best Personal Loans Rates

Ready to take the first step? No matter what your goal is, we’re here to help. The main benefits of taking out a quick loan is that you’ll find that you get to choose what to do with the money and pay off whatever fees that need to be payed. A quick loan will cover the main costs of your problem along with any additional costs.

How Can A Quick Loan Help You?

A quick loan can cover your main costs like living expenses for the time being. This is great if you need to take time off, or solve a financial issue to help you get back on your feet!

What is an Unsecured Personal Loan?

Generally speaking, there are two types of loans: secured and unsecured. Secured loans are backed by some form of collateral, such as a house or vehicle. Unsecured loans are not backed by collateral, and are usually more risky for the lender.

Unsecured personal loans are fixed-rate loans which are typically repaid in monthly installments over a specific term – anywhere from two to seven years on average.

Why Get an Unsecured Personal Loan?

The main benefit of a personal loan is that you can normally use the money for whatever purpose you want. For example, you could use a personal loan to consolidate and pay off your debts. You can also use it to finance a large purchase or even cover a major emergency expense. With an unsecured personal loan, you won’t need to worry about collateral.

Top Reasons People Get an Unsecured Personal Loan

  • Debt consolidation: You can eliminate your debts faster by rolling them into one, getting a lower interest rate and using a personal loan to pay it off.
  • Home renovations: A personal loan is a great way to cover the cost of doing major work on your home, such as installing a swimming pool or doing a kitchen remodel.
  • Large expenses: You can use your personal loan to buy a car, boat or any other big ticket item.
  • Weddings: Many people use a personal loan to pay for their wedding expenses. Don’t let a lack of funds get in the way of your special day!

How Do I Qualify For An Unsecured Personal Loans?

To determine if you qualify for an unsecured personal loan, a lender will look at several factors including:

  • Your credit score
  • Your credit report
  • Your debt-to-income ratio

Lenders range from major financial institutions like banks and credit unions to online private lenders. In general, you’ll need a good credit score to qualify for a personal loan from a bank.

When it comes to online lenders, most of them will allow you to pre-qualify and see estimated interest rates without affecting your credit score, so it’s always a good idea to shop around and do your research.

How To Pick The Best Personal Loan

It’s important to compare rates from different lenders as you shop around for the best personal loan. Look for the loan with the lowest APR. It will usually be your best option.

You should also consider the loan’s term and monthly payment amount. Longer terms mean lower monthly payments, but you’ll be paying more interest over the entire life of the loan. Find the right monthly payments for your budget.

Depending on your situation, some features of the loan might be beneficial to you. For example, if you’re using the loan to consolidate your debt, some lenders will send the funds directly to your creditors. In some cases, lenders will offer flexible repayment options which might fit your needs.

Best Personal Loan Rates

Personal loan interest rates typically vary from 3 to 36%. The rate you’ll get from the lender will depend largely on your credit score, income and debt-to-income ratio. The better your determining factors, the lower rate you’ll be likely to get.

If you have a steady income, low debt, a long credit history and a record of on-time payments, your chances of getting a personal loan with a low interest rate will greatly improve.

Remember to shop around and compare rates to find the best one!

Debt Consolidate Loans For Borrowers With Fair Credit

If your credit is not so great, and you’re looking to consolidate your debt or finance a major purchase, consider an unsecured personal loan. It’s a great way to get your debt under control and start the process of rebuilding your credit.

What To Know Before You Choose An Unsecured Personal Loan

  • Get to know your credit score. Your credit score will shape your personal loan options, so it’s important to know what it is as you shop around for loans. Consider postponing getting a loan to rebuild your credit so you can get a better deal.
  • Shop around and compare. There are so many different options available when it comes to personal loans that it pays to do your research and compare rates, features, and lenders.
  • Get a co-signer. If your credit is bad, consider getting a co-signer to help you get a personal loan.
  • Look into a secured loanIf you can put up a vehicle as collateral, you’ll likely be able to get a lower interest rate on your personal loan.
  • Evaluate your financial health. A personal loan can help you address your debt and rebuild your credit. Don’t get a personal loan if it will only add to your financial difficulties. If your debt is out of control, consider debt-relief options.

Unsecured personal loans are fixed-rate loans which are typically repaid in monthly installments over a specific term – anywhere from two to seven years on average.


Frequently Asked Questions

How do i know if i'm approved for a personal loan?

You will be notified as soon as your application is approved. One of our partners will call you and e-mail you to inform you that your application was approved. Loans SOS strives to provide its customers with the fastest approval times in the country.

How can i speed up the application process?

After you submit your application or callback request you might be asked to submit some documents. This will depend on the product you are interested in. If such a request is made you should strive to get the required documents in as soon as possible so that the agent looking after your application can proceed with the approval process as quickly as possible. You will only be asked to provide documents that are necessary or required by law to complete your file. Loans SOS protects your privacy.

What happens after I apply?

Shortly after you submit your application or callback request one of our partners will be contacting you to discuss the services you are looking for and the options available to you. The agent assigned to your application is a fully trained professional ready to assist you with all of your requirements. Loans SOS will not begin to work on your file before first directly speaking to you about your financial needs.

I'm a recent immigrant. can i still apply?

Yes. Even if you have no credit history we will be able to pair you with a great financial product at a great rate.

Will you check my credit score after i apply?

No. We will not and cannot check your credit score after you submit an online application. You must submit consent before a Loans SOS partner can pull your credit score.

Personal Loan Available Locations

Alabama, Alaska, California, Colorado, Delaware, District of Columbia, Florida, Hawaii, Idaho, illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Minnesota, Missisippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Caroline, South Dakota, Tennessee, Texac, Utah, Virginia, Washington, Wisconsin, Wyoming.

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