Believe it or not, you really do not need perfect credit to obtain a personal loan. You have to find the lender that will work with you. Instead of wasting hours of your time you could find something that should meet your specific requirement on the Guide to Lenders site. They will be able to check out all your options in the shortest possible time and find the best offers for you.
Guide to Lenders makes getting a personal loan less complicated and more affordable by offering an online application portal. They partner with multiple lenders to find the best rates for you. Guide to Lenders makes it possible for personal loan applicants to get great deals by providing them a number of offers from multiple lenders and investors.
The site ultimately matches borrowers with investors. Theoretically, the site takes out financial institutions which have always performed the middleman role. This helps to significantly cut down costs for borrowers and offer more returns to investors. To put it accurately, the middleman has just changed from banks to the guide to Lenders sites.
The site offers valuable services to both borrowers and investors. They take a look at the credit, income, debt-to-income ratio, along with other criteria of prospective borrowers. They set minimum underwriting standards that borrowers have to fulfill to be eligible for a loan. And they supply this data to investors to assess the risks and returns of a loan or loan portfolio.
Guide to Lenders offer short-term personal loans for up to $40,000, and as low as $1,000 for people with poor credit score, the way it works is potential borrowers are classified based on their credit scores. People with outstanding credit scores (720+) qualify for the highest loanable amount of $40,000 and are as well the best candidates for the lowest interest rates.
Making an application for a loan usually takes just a couple of minutes. If you qualify, you will then get loan proposals. You can then select the right one for and get the money the following banking day! Guide to Lenders fast tracks your loan application and makes it possible for you to enjoy the most competitive interest rates.
An important point to note:
Guide to Lenders does not provide loans but simply matches you with lending partners that can potentially provide a loan to you.
All loan approval decisions and conditions are decided by the loan providers during the time of your application.
There is absolutely no guarantee that you will be approved for a loan. You may not even qualify for the rates displayed.
The rate is influenced by your credit history, earnings, loan terms and other factors.
All loan rates and conditions, including APRs, are presented without warranty. They can be changed by the providers without prior notice.
Guide to Lenders is a great option for personal loans. Its peer-to-peer setup makes it perfect for personal loan applicants in search of lower interest rates. Numerous investors or lenders are competing for your business which usually forces them to put up better rates.
High loan limits help lenders to maximize the value of their loans. The money you get could be used for debt consolidation, home improvement, education, and training, or even for purchasing a new car. The capacity to pick from a number of competing personal loan providers along with higher loan limits makes Guide to Lenders a top choice for personal loan services.
To get started on your loan application, Guide to Lenders website here.