Unsecured Personal Loan Financing Made Easy
If you are searching for a personal loan, with no collateral required, then an unsecured loan through the Life House Network is just what you need. Unsecured personal loans, also known as signature loans, are approved based on an individual's credit history and ability to pay back the money borrowed. Different than secured financing that requires a borrower to put up collateral for approval; unsecured loans rely solely on the borrower's promise to pay back the loan. Because no collateral is required, the application process is quick, and money can be available for use in as little as 24 hours.
As a leader in easy and hassle-free financing for good and bad credit individuals, Life House Financial always recommends unsecured financing as a first choice. Even though credit is a factor when it comes to obtaining an approval through an unsecured personal loan lender, there are options for individuals with bad credit. Unsecured loans come in all sizes ranging from a few hundred dollars to tens of thousands of dollars. Terms on unsecured financing also vary greatly and are offered between four and sixty months.
If you are interested in a no collateral loan, Life House Financial can help you identify your best unsecured personal loan options in minutes. We have one of the most extensive networks of banks, credit unions and other loan providers that offer financing to people in all credit situations. More importantly, our process is simple, easy to understand, and absolutely free. So what are you waiting for? Come see why so many borrowers have entrusted us over the years with their financing needs by getting started today!
Good & Bad Credit Personal Loans, No Credit Check Required
Whether you are interested in debt consolidation, a home improvement loan, or just need money to pay some bills, if you have less than perfect credit, obtaining an unsecured loan can be tricky. Unsecured personal loans are approved based on credit and your ability to pay back the loan. This means your current credit situation and DTI (debt to income ratio) will play a large role in the amount of money you will receive and at what interest rate.
The better your credit score, the better your interest rate.
The more income you can show in relation to your current debt obligations, the higher the loan amount you will receive.
Because unsecured loans are based solely on your financial and credit situation, decisions are usually quick and financing can be available for use within a few days. Even though these options are based on credit, there are personal loans for people with poor credit. Bad credit personal loans are higher risk for lenders and therefore will have a lower approval amount and higher rate of interest.
There are also personal loans that do not require a credit check for approval. These loans are usually for those individuals that only need a few hundred dollars, and only require a borrower to have a steady job to qualify. Because no credit check personal loans have significantly higher interest rates than normal unsecured financing products, you should take the time to read over all terms so that you fully understand the fees and cost associated with the loan before moving forward.
Unsecured Loan Lenders
If you are interested in obtaining the lowest rate possible on an unsecured personal loan, it is important you connect with the lender that is best for your situation. It is also important you realize that some lenders do not offer unsecured financing programs, and those lenders that do, will most likely have their own unique set of requirements needed for approval.
Some lenders offer unsecured financing to individuals with 660+ credit, while others specialize in small unsecured personal loans for people with bad credit. Because applying to the wrong lender can hurt your chances of being approved, it's important you know your current credit situation before you apply.
If you don't know your scores from the 3 major credit-reporting agencies TransUnion, Equifax and Experian, you can access them by clicking here
Once you know your credit scores, you should then locate and only apply to those lenders that approve individuals in your credit range. If you are unsure which lenders required what type of credit, that's okay, we've got you covered.
What it Means to Have Unsecured Financing Experts on Your Side
As a client of ours, you will have an entire team of professionals working on your behalf. Our personal loan bad credit and good credit experts can answer all your questions and will educate you on how to submit and present your application to lenders so you are approved the first time around. The bottom line is that with us you will have a much better chance of getting approved versus trying to figure things out on your own.
By choosing to work with Life House Financial, you are making the choice to borrow the smart way. Our free service and the information we provide saves time, and will allow you to compare your options side by side. This comparison should give you peace of mind knowing you got the best rate and terms possible. When you are ready, submit your information using the big orange button below, and our team of unsecured loan experts will get to work matching you with the best unsecured personal loan lenders available.