The rapidity and simplicity of the online application is combined with the flexibility of the requirements imposed by QPLoanz.com, all these elements making the process of obtaining a loan transparent, with no traps and catches attached.
This site offers you short term loans with easy application procedure and fast approval. You do not need to provide too many documents, to send faxes or to wait for feedback for days in order to get the money you need.
Filling in the provided electronic form with some basic information regarding your address, age, occupation and the size of your income is all you have to do. In a matter of minutes, you find out if you qualify for the loan or not.
In order to become eligible, you must legally live in the US and your age must be of minimum 18 years. Also, you have to demonstrate that you have a steady job and a regular income.
Generally, the value of your monthly paycheck must exceed 1,000 dollars, although it is not expressly specified for all types of loans the site offers. You must also provide the details of the valid bank account where the money is to be transferred in order to be eligible for a loan.
The amount you can get depends on the value of your income, varying from 100 to 1,500 dollars, and the repayment period goes from 2 to 4 weeks. Usually, the money is wired directly to your bank account on the same day that your application is approved.
- Even bad credit applicants are accepted. In fact, your credit records are not even verified, as these are short term loans and the company understands that the fact that you once failed to pay your debts does not meant that it will happen again.
- These are unsecured loans, so you do not have to bring collateral or co-signers in order to guarantee for the loan. The money you borrow is secured against your next paycheck.
- The repayment period is usually settled around the date of your next paycheck, so that the amount you owe can be withdrawn directly from your account. Its short duration is quite an advantage, considering that you do not have to pay too much interest.
- If you are not able to repay the whole loan on time, you can also ask for a time extension. However, this also implies that you pay additional fees.
- You can apply for a loan on http://qploanz.com, without leaving the comfort of your home, waiting in line dealing with annoying credit brokers.
- The evaluation and approval procedure takes only a few minutes, mainly because the lender does not require many documents or credit records verifications.
A slight inconvenient related to these loans are considered the higher interest rates and the fees applicable in case you wish to extend the repayment period. However, since the repayment period is so short, the actual amount you have to repay is not very high compared to the amount that you originally borrowed.
Besides, it is the price you have to pay in exchange for the numerous benefits the loans provided by QPLoanz bring, and it will be very easy to cover if you manage your budget carefully and you do not overspend.
Although we hate to admit it, we all face financial problems sooner or later. Well, hundreds of people acknowledge that they had problems and thank qploanz.comfor providing them with the solutions they needed.
According to these people, the application process is fast and transparent, the lender guarantees confidentiality, the costs of the loan are presented up front and the money is transferred fast and safely to the applicant’s account.
If you need a payday loan, the best way to make sure that your information is safe, that you are not overcharged and that you receive the money you need in due time is to apply on QP Loanz.