How Our Online Loan Request Works

Start by entering the amount you need, from $500 to $5,000, the reason for the loan and some basic details about yourself. Most people finish the form in a few minutes, and submitting it costs nothing.

The form asks for the information lenders usually need to review a request:

• Name, date of birth, home address, phone number and email
• Income source, monthly income and how often you are paid
• Housing payment and a self-reported credit range
• Social Security number, which lenders use to confirm identity and check credit
• Bank account details, where a lender would send funds

Accurate answers matter. A lender may verify income or identity later, and details that don’t match can slow down or stop a request.

If one or more lenders can work with you, their offers show the APR, loan amount, term, monthly payment and any fees. Compare the total cost of each offer, not only the monthly payment.

A longer term lowers the payment but raises the total interest. Example for a $2,000 loan at 22.99% APR (estimates, no origination fee assumed):

Check whether the lender charges an origination fee, often about 1% to 10% of the loan amount, and whether it comes out of the funds you receive. Our rates guide and loan calculator help you test different terms.

When you pick an offer, you continue on the lender’s own website to complete its application, verify your details and review the loan agreement. The lender makes the final decision and sends the funds if you are approved.

The lender may ask for documents such as recent pay stubs, a bank statement or a photo ID. Read the agreement for the APR, payment schedule, late fees and any prepayment terms before you sign.

After approval, funding often arrives the next business day, depending on the lender and your bank. From that point, the lender handles the loan account, payments and any questions about the loan.

Timing varies by lender, but most people complete the form in a few minutes and learn whether offers are available soon after submitting. Funding often happens the next business day after approval, depending on the lender.

Weekends, bank holidays and extra verification steps can push funding later, and none of these times is guaranteed. A visit to a storefront cash store has its own waits, from the drive to the line at the counter. For more detail, see our guide on how long a personal loan takes to fund.

Yes. You can decline any offer, or simply ignore it, at no cost to you. Submitting a request does not obligate you to borrow, and nothing is final until you sign a loan agreement with a lender.

Good reasons to walk away include an APR higher than you expected, a payment that strains your budget or fees you didn’t see coming. If no offer fits, you might:

• Ask the provider of the bill about a payment plan or a discount
• Request a smaller amount to keep the payment manageable
• Work on your credit and send a new request later

You may still hear from lenders or partners after declining. You can opt out of their marketing messages, and our privacy policy explains your choices.