Frequently Asked Questions
What is a personal loan?
Personal loans can be unsecured or secured loans that can range from $1,000 to $50,000. Loan amounts depend on the individual’s credit and state loan laws. Personal loans do not require collateral, and can be paid back in multiple installments. These loans are a quick and convenient way to borrow the funds you need today. You can request one from the comfort of your own home and have loan repayments taken directly out of your bank account on a set date.
What types of loans do you offer?
OneLoanNow.com is not a lender but can connect you with a lender in our network. Our lenders currently offer three types of loans: peer-to-peer loans, personal installment loans, and bank personal loans.
How can I qualify for a loan?
You may qualify for a loan if you meet the requirements. You don’t have to have perfect credit to get approved for a loan. You are more likely you are to get approved by a lender if you have higher income and credit scores.
Will you pull my credit score?
OneLoanNow.com and/or the lenders that we work with may do a “soft” inquiry on your credit to determine eligibility. Typically, a “soft” inquiry is done initially and then a “hard” credit inquiry may be done later in the loan process by a lender. We also abide by the Fair Credit Reporting Act.
Do you serve non-US customers?
We only work with US lenders and US residents currently. However, we do plan to work with international lenders to serve non-US customers in the future.
How much money can I get?
You can request a loan ranging from $1,000 to $50,000. The amount you will be approved for will depend on many different factors including the lenders requirements.
What will my rates be?
Since we work with many lenders and a variety of loan products, loan rates and APR can greatly vary between lenders.
How do I get the money?
1) Fill out an online loan request form here. This gives lenders the information about you they need to fund your request. Once you submit your request, we will send it to our lenders.
2) If you apply for a loan and are approved, the lender will explain their specific terms and conditions, including your repayment amount. Review these terms and conditions carefully before you sign the agreement.
3) Shortly after you have completely accepted the loan, the funds may be deposited directly into your bank account. The exact amount of time it will take for the deposited funds to become available will depend on the time of the loan approval and your bank’s specific policy.
How long does the request process take?
Your loan request can be approved within minutes. Once you have signed a loan agreement, your funds should be available as soon as the next business day. The exact availability timeframe will depend on the lender’s deposit process.
Is OneLoanNow.com a direct lender?
OneLoanNow.com is not a direct lender. We connect consumers seeking loans with our trusted lender network. Our online loan request form is intended to find you available loan options, and you can decide the rest. We charge no fee for our service.