FAQs

This is a small (usually under $5,000), short-term, no-collateral, cash advance. It is backed by future income. This may be your next paycheck, a dividend or other type of regular income. It is paid back in a set number of scheduled payments. Use installment loans responsibly.

personalcashloans.com is not a lender and does not make credit decisions. PersonalCashLoans is a loan connecting service that connects consumers who are looking for financial assistance with independent, third party lenders who may be able to provide a loan.

personalcashloans.com connects you with lenders based on the loan you are looking for. personalcashloans.com is committed to working with lenders who offer you the best terms available.

The process is simple and begins with filling out the form. The information you provide is shared with third party lenders who may make you a loan offer. There is no obligation to accept the offer, but if you do, the lender will provide further instructions.

These individual third party lenders each have their own terms and conditions. Please consult these before accepting the loan offer. In particular, check for information on annual percentage rates (APR), fees, repayment terms, and consequences of non-payment. If you have any questions about your loan, please contact your lender.

Registering with personalcashloans.com is free to you, the consumer. We are paid by independent, third party lenders for potential customer referrals.

Each third party lender will have its own fees, APR and terms. These charges come directly from the lender and not from personalcashloans.com.

These fees and charges will be provided to you at the time of the loan offer, if one is made. You are under no obligation to accept them. Your loan is accepted by you when you electronically "sign" the offer and send back to the lender.

Read all documents for the terms and conditions of the loan.

Installment loans range between $100 and $5,000 and Personal loans are usually between $500 and $35,000. You will make a request for a loan amount. If you receive a loan offer, it may not match the amount you requested. Loan offers may vary for several reasons including the individual lender, employment, income and other factors.

The transfer into your bank account could happen as early as the next business day. This will vary depending upon your lender and your financial institution. If you have additional questions regarding the transfer time, please contact your third party lender.

The following constitute typical minimum requirements. Although individual, third party lenders have different minimum requirements:

• Be at least 18 years of age or older
• Have a checking or savings account with direct deposit
• Have regular income of at least $1,000 per month
• Have a fair credit rating (for personal loans only)
• Must not be a regular or reserve member of the Air Force, Army, Coast Guard, Marine Corps, or Navy (or a dependent thereof), serving on active duty under a call or order that does not specify a period of thirty days or less

You will be asked to provide banking, employment and some personal information. This information includes, but is not limited to your name, address, telephone number, place of employment and/or source of regular income, driver's license number, bank account information and social security number.

The third party lenders may perform a credit check or use other methods to verify the information you provide.

personalcashloans.com employs a number of state of the art security measures. These measures are designed to keep your information secure. In addition, all sensitive data transmitted between your browser and personalcashloans.com uses 128-bit Secure Socket Layer (SSL) encryption technology. Your use of our services is strictly voluntary and is governed by our Terms & Conditionsof Use and Privacy Policy

The time frame from registering with personalcashloans.com until being made an offer by an independent, third party lender can be as fast as one business day. There are a number of factors that may impact this, including the time of day you apply, the accuracy of your registration, the lender and your financial institution.

personalcashloans.com is not a lender, we are an advertising referral service to qualified third party lenders. The independent, third party lenders each have their own terms and conditions, including those concerning repayment. Currently the independent third party lenders in our network offer repayment terms of between 61 days and 180 months.

In making their decision to offer you a loan, the independent third party lenders may perform a credit check. This credit check may be a formal credit inquiry which leaves a record on your credit report and may affect your credit score (a “Hard Check”). Or it could be an informal inquiry which will not affect your credit (a “Soft Check”). These credit checks may be performed through TransUnion, Equifax, or Experian (the “Big Three”) or they may be performed through other alternative credit reporting agencies or data aggregators (such as Microbilt, Teletrack, DP Bureau, or DataX) that track consumer transactions with lending institutions.

This varies by lender, so check with your lender before agreeing to the loan offer. Please be fully aware of the consequences of late payment and non-payment. Typical consequences of late payment or non-payment may include, late fees, negative disclosure to credit reporting agencies, referral to a collection agency, legal process, or judgment.

There is no guarantee that you will be approved by one of our participating lenders.

Typical penalties for lack of repayment may include:

• Addition of late fees
• Your account being forwarded to a collection agency
• Report your lack of payment to a consumer credit agency (thereby lowering your credit score)
• An offer to renew your loan, which will result in additional fees and/or interest

personalcashloans.com is not a lender. You should ask your lender what the implications of non-payment are.