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For funding of your loan you will be required to have a valid and an active bank account for the past three to six months which will be used to wire the cash you borrow direct. The above qualification requirement is actually a double-edged sword for the borrower, as there are two reasons as to why lenders ask for banking information. First for funding of the money you borrow, and secondly as a source of for repayment in following with your agreed upon lending terms. If the you become delinquent in your payment of the repayment as stated in your contract, the lender can deduct what is owed from this bank account.
If you meet the qualification standards outlined above, the lenders will fund your money direct into your bank account. You can borrow what type of personal loans are there range of money from 100-10,000 depending on the lender you are working with. The repayment periods for these loans also varies, from two weeks to many months, just be sure to give yourself enough time to easily repay your emergency loan bills without overburdening yourself. If you could benefit from a longer repayment period, check out our recommended debt consolidation loan offer allowing for extended debt restructuring and repayment extension options.
Whatever your reason, we respect your privacy. Thus, we work with lenders familiar with your situation and are ready to help. Important Disclosures. Please Read Carefully. This service is not available in all states. If you request a loan in a particular state where such loans are prohibited, or in a location where WhiteRockLoans. com does not have an available lender, you will not be connected to a lender. In some cases, you may be given the option of obtaining a loan from a tribal lender.
Tribal lenders are subject to tribal and certain federal laws while being immune from state law including usury caps. If you are connected to a tribal lender, please understand that the tribal lenders rates and fees may be higher than state-licensed lenders.