What is a personal loan?

A personal loan is a long-term installment loan marketed as a fast way to borrow a lump sum of money that is meant to be paid back in fixed monthly installments over an extended period of time.

How much can I borrow?

The loan limits vary by lender. The major factor that determines the amount you can qualify for is your credit score, then credit history and debt-to-income ratio. By reviewing this information, the lender wants to ascertain your ability to repay on time.

What are the requirements to apply for personal loans?

  • be at least 18 years old
  • be a U.S. citizen
  • be employed and have a reliable source of income
  • have a checking account
  • have a valid email address

What should I do to request a loan?

All you have to do is to fill out our online form with the basic information and submit your request. The rest legwork is our concern.

How long does it take to get a decision?

Normally, the decision is instant. It takes up to a few minutes to connect you with a suitable lender after you submit a request.

What can I use my personal loan for?

Personal loans are multipurpose. You are free to decide yourself what you spend the money for. The most common uses are emergencies, medical expenses, house renovations, car repairs, special occasions, and big-ticket purchases.

Can I apply with bad credit?

Yes! We believe everyone has a chance to get funded when you need it. Your credit profile isn’t the issue, so feel free to submit a request.

How long does it take to get approved?

It totally depends on a lender. If approved, you’ll get a notification.

How will I get my cash?

Your funds will be deposited directly into your bank account in as little as the next business day.

What if I fail to repay?

Missing the payment may cause a lot of unpleasant things starting with high fees and ending with your credit score downgrading. However, always get in touch with your lender as soon as possible and notify them in advance about your problem to discuss the possible ways to address your issue.

Do I have to pay any fees for using your service?

No. twentymilliseconds.com is an online service that is free to use. You aren’t obliged to accept any offers you may get from us until you are satisfied with the lender’s terms and conditions.