How It Works
OnlineLoans.net does not offer loans or extend credit of any type. We simply provide a free referral service to consumers who are looking for online loan options. Once you fill out and submit the secure online application form, OnlineLoans.net then shares your information with one or more lenders from a large network of cash advance loan providers.
The first step is to fill out the application form which is located on our website. This can be done safely and securely from the privacy of your home or office. There is no need to call different lenders or spend time researching lending companies. Once you submit your application, the information which you provide is forwarded to potential lenders who make the decision to approve or deny a loan request.
All lenders set their own rules and regulations regarding eligibility requirements for a cash advance loan. OnlineLoans.net does not play any role in the decision process or final outcome.
The loan approval decision usually takes about two minutes. You can help avoid delays in processing your application by filling out the form accurately and completely. Many lenders will verify the information which you provide. This is normally information such as Social Security number, address, and telephone numbers.
Having a bad credit score or poor credit history does not mean you can't apply for a cash advance loan. The majority of lenders will look at your current financial situation and determine whether to approve or deny a loan request. Most lenders do not automatically disqualify an applicant due to poor credit, a low credit score, or even bankruptcy.
Occasionally a lender may need additional information from you before approving a loan request. Sometimes this requires the faxing of supporting documents, such as a current pay stub as proof of income.
Once you are approved for a loan, funds will normally be transferred into your checking account within one business day. Cash transfer times vary among lenders and not all lenders offer one hour transfer times.
Onlineloans.net strongly urges consumers to consider carefully before applying for and/or accepting a cash advance loan. Loans of this type are designed with very short repayment terms (usually two weeks or until your next payday). They are meant to be used for emergency financial situations only. They are not intended as a solution to long-term debt problems. It is important to remember that if you fail to repay your loan according to the terms of your contract, the lender can start collection proceedings against you to recover the money you owe.
Residents of Arkansas, Georgia, New York, Oregon, Washington, West Virginia and Vermont are not eligible to apply.