Frequently Asked Questions

1) How Much Time Do I Have to Pay Off My Personal Loan?
3) How Will You Notify Me If I Am Approved for a Personal Loan?
4) Can People With Bad Credit Still Get Personal Loans?
5) How Much Money Will I Be Approved For?
6) How Long Do I Have to Wait to Get My Funds?
7) What If I Took Out a Personal Loan and Now I Don't Have the Money to Pay It Back On Time?
8) Why Do You Need My Social Security and Banking Information?

1) How Much Time Do I Have to Pay Off My Personal Loan?

Most personal or payday loans are set up to be short-term loans that REQUIRE you to pay back your lender by your next pay period. If you need a loan that requires a longer pay back period you may want to consider other "traditional" loan options.

2) Am I Eligible For an Extension on My Current Loan?

If you currently have accepted a personal loan and need to extend your loan payback period you MAY be eligible for an extension. For the quickest approval on a loan extension, it is best to contact your lender directly as some states prohibit or limit extensions. Remember, if you do decide to extend your loan additional fees and interest will apply.

3) How Will You Notify Me If I Am Approved for a Personal Loan?

When you are APPROVED, you will be redirected to the appropriate lender's website where you can ACCEPT your loan directly. If you are not redirected to a lender website, within approximately 5 minutes after applying, check your email as ALL of our lenders will issue loan approval confirmations with instructions on accepting your loan and accessing YOUR funds.

4) Can People With Bad Credit Still Get Personal Loans?

YES! Actually payday loans are sometimes the ONLY loans that people with bad or limited credit can receive. As long as you have a bank account and a steady income, you will most likely be APPROVED for a payday advance. FOUR out of 5 of ALL of our applicants are approved instantly, so DON'T wait, Apply Now!

5) How Much Money Will I be Approved for?

Unfortunately EloanPersonal.com can NOT predict the amount of money that you will be approved for. If it is your first time applying for a payday loan, you may not be approved for more than $500; however, we do have lenders that can loan up to $1,000, but this isn't typical for most payday loan borrowers. Loan amounts are based on a number of factors including; funds available, your income level, and various state regulations, and are ALWAYS subjected to the lender's discretion.

6) How Long Do I Have to Wait to Get My Funds?

After accepting your loan, most of our lenders will transfer the money into your bank account within 24 hours OR by the next business day. However, many of our lenders are capable of getting you the funds you need the SAME day or even as quickly as ONE HOUR for NO EXTRA COSTS.

7) What If I Took Out a Personal Loan and Now I Don't Have the Money to Pay It Back On Time?

If you are currently under contract for a payday loan and don't have the money to pay back your loan on time, we recommend CONTACTING your LENDER directly and IMMEDIATELY. You may be eligible for an extension; however, not all states allow extensions. If you are eligible for an extension, the lender may still REQUIRE that you pay off the original cash advance fees before granting an extension. And remember, that if you do accept an extension, you will also be accepting more fees and interest payment.

8) Why Do You Need My Social Security and Banking Information?

At EloanPersonal.com, we are committed to keeping all of your information secure and private when you utilize our valuable free loan finding service. In order for us to provide protection and accurate transfer of funds, we must VERIFY the accuracy and legitimacy of your personal information. This DOES include confidential data such as banking and social security numbers.

Our Safety and Security

At EloanPersonal.com, we RESPECT and PROTECT your privacy! We use state-of-the-art technology to ensure the safe and secure online transfer of your personal information. Our protocols make certain that your personal information is completely protected!