Speedyloanonline.com happens to be a company acting as a financial intermediary between the lender and the borrower.
The given organization shouldn’t be regarded as a credit company.
Instead, it simply assists borrowers in finding trusted lenders for short-term loans on the best terms.
The company isn’t charged with approving loans.
Moreover, extra commissions from customers aren’t charged by speedyloanonline.com too.
Get the Best Short-Term Loan
The name of the company drops a hint at short-term loans.
This type of loan are provided for a period that doesn’t exceed 25 days.
The funds are transferred to a bank account already specified in the client’s application.
As a rule, it takes one day to get this loan.
Applying for a Speedy Loan
In order to apply for this loan, get ready to provide this personal data:
- Two contact persons;
- Your bank;
- Your income;
- Your employer;
- Your military duty (if you had such experience).
Microloans don’t require any guarantees to be obtained.
However, the contact persons should be specified if the lender fails to reach out to the borrower.
The administration will do its best to have your application processed as quickly as possible.
Clients of the company should comply with the following terms:
- The applicant’s salary needs to be transferred on a bank account.
- The applicant should have a permanent source of income.
- The applicant should have a valid account in the American bank.
- The applicant needs to be a US citizen.
- The applicant’s age should exceed 18.
As for the amount of a microloan, it ranges from $100 to $1000.
The term of the microloan and the interest rate are negotiated with the lender when making an agreement.
The terms of repayment of this loan are considered individually for every customer.
It also depends on an institution granting the loan.
If the customer delays his payment, the company has the right to impose penalties as well as other punishing actions in compliance with the law.
If you are strolling to have your payday loan paid off, you require reaching out to the credit establishments to resolve the issue.
If you don’t have an opportunity to contact your lender, discuss the issue with the Speedy Loan customer support service.
Customers with Bad Credit
The company provides assistance to clients in getting a loan even if financial institutions have their application rejected.
To put that another way, even folks with bad credit still have a good chance to borrow money if they stick with this legit service.
What’s more, even a lack of credit history won’t be fatal for clients of this company.
Extension of a Fast Loan
The company collaborates with lenders that may agree to have your loan extended for an extra fee, of course.
Before you sign the contract, you require attentively viewing the terms and conditions of the agreement, in particular, the chapter having to do with the loan extension.
Need Money Now? Don’t Wait!
Examples of Costs & APR
TwentyMilliSeconds.com is not a lender – as such, we do not have control over the APR you will be offered. We display a Representative APR only as it is based on data offered from multiple lenders. The following represents sample rates, is for informational purposes only, and may not reflect the actual APRs offered by your lender or lending partner.
Loan Amount $1,000, Interest Rate 24.00%, Loan Term 12 months, Fee 3.00%, Repayment $94.56, APR 29.82%, Total Repayments $1,134.72, Total Cost $164.72
If you borrowed $5,000 over a 48 month period and the loan had a 8% arrangement fee ($400), your monthly repayments would be $131.67, with a total pay back amount of $6320.12 which including the 8% fee paid from the loan amount, would have a total cost of $1720.12. Representative 18.23% APR.