#2. BadCreditLoans – Best Direct Lender Payday Loan
The process of applying for an online payday loan is simple. However, it is important to note that short-term loans are usually repaid over installments and some lenders might charge high-interest rates and service fees.
To be eligible to receive a loan from MoneyMutual, users are required to be 18 years or older. They also need to be US citizens and need to have an active bank account. Additionally, they need a steady income source that pays at least $800 a month. Other than this, people are required to give documents to prove their employment status and other eligibility criteria.
MoneyMutual has designed its site to be easy to navigate with straightforward instructions, so even if a person is not tech-savvy, they can access and use the site to apply for a loan. In addition to that, the site explains the whole process of how it links users to suitable lenders.
With over 60 lenders, MoneyMutual connects users with lenders according to their specific needs. These lenders can accept loan requests ranging from as low as $200 to up to 5,000.
As MoneyMutual acts like a middleman to connect borrowers and lenders, they are not responsible for the terms and conditions the lenders set. Instead, the lender sets its interest rates and fees based on the factors mentioned above.
MoneyMutual has received over 2 million positive reviews from all over the U.S. Clients are highly satisfied with the reliable lenders and quick response time of the site. In addition, MoneyMutual has pleased multiple customers by offering installment loans, payday loans, and bad credit loans.
Most loans, especially payday loans, are needed in emergencies; therefore, funds must be transferred on time and quickly. Continue reading #2. BadCreditLoans – Best Direct Lender Payday Loan