Do you often end up on seemingly endless queues to have documents submitted? If yes, you would surely feel frustrated, especially when you have a lot of other things to do. Unfortunately, lines are part of everyday life if you are living in an urban environment. Applying for a loan is not spared all the more.
On the brighter side, technological advancements loan applications much easier. You no longer need to stress yourself with queues or prepare a lot of documents and endure the processes. Today, you can make use of numerous apps available to approve your loan faster.
Let’s say you want to apply for a mortgage loan from the mortgage broker houston; the apps will not only hasten the processes but also help you get a higher chance of approval. Here are three apps you can use whenever you need to apply for a loan.
Avant began in 2012 and has snowballed to achieve a $4 billion loan portfolio. It serves more than 600 000 customers worldwide and is considered as one of the most popular online loan and credit card provider. The app caters mostly to personal loans. You can borrow from $2000 to $35 000 with a duration of 2 years to 5 years. The actual interest rate and available terms depend on your credit standing.
Avant offers a straightforward and practical application process. Upon clicking the app, you will then fill up an online application form. Click a bit more, and you will receive numerous loan quotes in minutes. No soft credit inquiry is generated when you fill out the application, although soft credit checks do not have direct impacts of your credit profile.
Avant also allows you to view your loan information and create some changes, especially with your monthly payments.
2. Money Lion
MoneyLion lives to its mandate of empowering people to take better charge of their financial lives. Founded in 2013, MoneyLion offers three main products, namely: a free credit monitoring service, access to low-interest rate personal loans, and a low-cost robo advisor investment portfolio.
Two membership options deliver the company’s services. These are the core plan and the plus plan. The core plan features the following options: managed to invest account, cash back incentives, cash advances, monitoring of credits, protection from fraud, and free account monitoring. By the way, it is an open plan.
The plus plan, on the other hand, can access up to $500 credit builder loans with an APR of 5.99%. It sweeps $1 cash back to your respective account. Once you subscribe to this plan, you will no longer need to apply as you can request for a new loan.
You want to buy a house from the mortgage broker houston immediately. But you don’t have an initial capital. Good thing, Upgrade can you efficiently deal with that. It offers an amount for unsecured loans from $1000 to $50 000. Moreover, it does not require prepayment fees or rapid decisions. You can even use Upgrade to monitor and insert modifications on your account.