GET CASH IN 4 EASY STEPS
QUICK LOAN: APPLICATION REQUIREMENTS
QUICK LOANS – MONEY IN YOUR ACCOUNT IN AS LITTLE AS 24 HOURS
Our agents are standing by to review your application in real time
Quick Loans, Getting Cash When You Most Need It
Quick loans can be a life saver when you need money urgently to deal with an emergency like paying for urgent medical expenses, for example. In life, we cannot always prepare for everything well in advance. Not having enough money to deal with such unforeseen emergencies is one of these situations that we cannot always plan in advance for. This is the time when you need a quick loans from a sympathetic lender like Loan Away Inc.
It’s not always the case that you can borrow from friends, and even if you can, not everyone wants to trouble their friends and relatives with their financial problems. In such a situation, a quick loan from a lender like Loan Away Inc. can help. Loan Away Inc. can provide a quick loan without the applicant having to go through the hassle of filling lengthy paper forms or have a face to face interview before the loan is granted.
No Filling Of Complicated Forms For Quick Loans Online
Most conventional financial institutions have strict conditions that have to be met before one can access any type of loan. When one decides to apply for a loan from such institutions it usually takes much more time than 48 hours for the processing the loan.
To apply for a loan form the banks, you will be expected to fill in some forms, and in many cases, book an appointment to see somebody at the bank before you loan can be assessed, approved and processed. The whole time involved may extend up to a week, if not more, checking to make sure all the documents and information you provided in support of the loan application are legitimate. Because of this the banks are not the best places to go for a quick loans.
Quick loans are usually provided by non-traditional lenders, many of which also give bad credit loans. If you are formally employed or receive a regular income and you have a way of proving it, getting a quick loan from an alternative lender like Loan Away should not be a problem. As an institution, we provide different quick loans that are tailored to meet all your needs, including no credit loans or bad credit loans. These loans include quick payday loans and the quick personal loans.
Quick payday loans are smaller loans designed for employed people who receive a regular paycheck on a specific day of the month. The loans are designed to meet any unanticipated expenditure that you need to make during the month before your pay day.
With payday loans, you are allowed to access the cash quickly and you can use it for whatever you need the money for.
The amount of money that you can borrow as a payday loan depends on how large your paycheck is. Most financial institutions will require that you provide your pay stub in order for them to assess your ability to repay the loan and the amount of money that you can borrow.
Types Of Quick Loans
Payday loans are quick loans with quick repayment periods, usually, a repayment period of one month. The loan is supposed to be deducted from your account immediately your paycheck is deposited in the same account. For those people who do not think they can repay the entire loan at the end of one month. However, most lenders offer short term flexible repayment options that allows you to pay back the loan within a period of 1-3 months.
Quick personal loans allow you to borrow more money over a longer period than a payday loan. They take slightly longer to process but are still quick loans in the sense that they are processed faster than loans applied from a traditional bank. Rather than repayment period of a month as is the case for payday loans, the repayment period for quick personal loans are between 2 -5 years, depending on the amount of money you borrow. You can pay off the loan anytime within the loan period.
Processing of quick loans can be done in 48 hours and everything is done online. You are expected to fill an online form which is easily reviewed by the lenders and where possible approve the same day.
Once the information has been reviewed and everything has been approved, you can have the money deposited in your account on the same day. Any delays in processing quick loans is usually on the part of the loan applicant. Failure to provide the supporting documents required for the loan is one reason why loan might take longer to be approved.
After you provide all the required information, it takes only a few minutes to review and approve the application and have the money deposited in your account quickly.
Do I Qualify For Quick Loans?
In order to qualify for quick cash loans, you must be of legal age. The legal age here in Canada is 18 years. You are also supposed to be formally employed. Quick loans are open to anyone who has a regular paycheck. If you have evidence that you receive income at the end of each month regularly, you can definitely apply for a quick loan online from Loan Away Inc. All you need is your bank statement showing six months’ transactions to show that money is being deposited in your account on a regular basis.
Since most quick loan lenders also lend to people with bad credit, you don’t even need to worry about your credit status to apply for the loan.
The only thing most lenders will look at is your debt to income ratio. This will show how much debt repayments you make, in relation to your monthly income. You need to have enough money that can repay the loan without having to strain yourself or defaulting on the payments at the end of the month. If you need fast cash, them get all these documents together and apply for a quick loan online.
Summary
Applying for quick loans is fast and easy. Forget about the endless paperwork that you have to fill in every time you apply for a loan from a bank. Putting in an application for a quick loan will not take you more than 10 minutes. The process is very simple and it is done online. You can use a mobile device or your PC to access the forms online. All you need is to submit your personal and employment information and in a matter of minutes you should complete the application. In case of any hitches, there are online customer care services that will help you to navigate through the website and complete the application.
Quick loans take a shorter time to process. You do not have to meet a lot of requirements in order to apply for the loan. If all information required is available, the loan can be processed 24 hours after applying.
The repayment schedule is flexible. You can have up to 36 months to pay a quick loan.
Anyone with employment can apply for a quick loan online. You do not have to worry much about your credit rating. You can get a quick loan even if you have a poor credit rating. All you need to qualify is a prove that you are working and that you can repay the loan.
You can use the money for whatever you want. Quick loans are designed for use to deal with emergency financial situations, although it can be used for any purpose.
Quick loans are unsecured loans. This means that you don’t have to provide a collateral security for the loan.
Things To Consider When Applying For Quick Loans Online
Technology has made applying for loans online very easy and more and more people are applying for loans online. This means that a lot of personal information is always been provided online in support of a loan application. Hackers have developed websites that appear similar to legitimate loan company websites. Take care to make sure you are applying for a loan on a genuine website and that your personal information is safe.
Loan Away Inc. is a legitimate online lender with a secured website. Any information entered on their website is safe and secure. You can check this yourself by looking out for three things on the left of the address bar at the top of the website. For a secured website, you should see a green (sometimes grey) locked padlock, the word “secure” and “https://” at the start of the URL (domain name). Please note the “s” at the end of the “https://”. Ordinary websites will have “http://” not “https://” at the beginning of the URL or the domain name of the website in the address bar.
Before making an application for the fast loan, ensure that you understand all the charges that are added to the loan. Online loan companies post loan information on their websites. They post information on the APR (Annual Percentage Rate) and information about any other charges that are added to the loan.
It is important to navigate through the entire website to identify any information that you think will affect the amount of money you will repay. In case you don’t understand anything that has been posted on the website, you can call the lender to clarify things for you.
Loan Away Inc. has many advisors on standby to take your call.
Finally, always borrow responsibly. Only borrow money that you need and you are sure that you can comfortably repay. Once you have received the money, ensure you use it for the purpose that you applied the loan for.
If you need a quick loan, contact loan away or click the Apply Now button for a fast response.
WHERE WE OPERATE
We are committed to provide best customer experience possible. Currently we offer personal term loans in Ontario, Alberta and Newfoundland, but do check back with us soon, as we are working on expanding our reach to other provinces and territories.
Get your loan today
We will notify you of a decision in as little as 30 minutes