Even if you’re financially settled with your dream job to sustain you and your family, troubles don’t knock at the door. You never know when a sudden car accident, utility bill accumulation, wedding, etc., will set you back on your finances.
Instead of selling your valuables or humiliating yourself by going around asking your relatives for a loan, you can look for online lenders offering payday loans to keep you afloat for the upcoming weeks.
With so many lenders out there and each claiming to be the best, you need to do your research carefully. Knowing the complexity of digging up companies, we review the sites that offer the best payday loans in the US.
What Is WeLoans?
WeLoans, like every other online broker, provides a network of lenders through which borrowers can get a loan. It has a rich collection of some of the best lenders across the country, which not only rules out the possibility of fraud but also gives you a wide variety of lenders to choose from.
If you’re looking for a payday loan for bad credit with no credit check, WeLoans should be at the top of your list. Minimum eligibility criteria, soft credit checks only, quick application and funding, flexible usage and repayment options; it clearly tick off everything you’d possibly need from the checklist.
Traditional lenders scare away many borrowers with their exhausting applications, high rejection rates, and strict policies. However, that’s where WeLoans has changed the online loan game with its simple and quick applications, high acceptance rates, and flexible policies.
If you want to understand WeLoans better and read up on everything related to WeLoans, click here to visit their website.
WeLoans – Features and Drawbacks
Want to learn more about what WeLoans offers so that you know whether it’s the right choice for you? We’ve compiled their pros and cons in this detailed review:
- Flexible Usage: Traditionally, loans were only given to people whose needs fell under a specific criterion. For instance, your application may be rejected by a traditional lender if you’re getting a loan for house renovation. WeLoans’ lenders allow flexible usage and consider all applications equal. So, whether you need instant money for a utility bill or need a loan for a mortgage, WeLoans can provide an instant solution to your problems.
- Network of Lenders: People usually apply for a loan when their payday is far away, and they need a loan instantly. But many online lenders do not have a great network of lenders, which is why many people end up not getting a loan at once. But that’s not the case with WeLoans. Once you apply for a loan, you’ll be almost immediately in contact with various lenders. You can evaluate each offer and go for the one which best suits your needs and requirements.
- Bad Credit Accepted: Everyone can be in desperate need of a loan, irrespective of their credit history. But, normally, people who have a good credit history have a higher chance of getting a loan from an online lender. So where do people with bad credit history go? Well, our answer for you is WeLoans. The company has a soft policy and does not go for a thorough credit check. Sign up for a loan, and you’ll get multiple offers from various lenders without them going through your credit history.
- Easy Process: The last thing you want while applying for an online loan is facing technical difficulty, and many online lenders do not consider this. WeLoans has set up its website in such a way that everyone can easily navigate their way around it, geeks and tech experts alike. Once you hit the “Apply Now” or the “Get Started” tab, you will be automatically redirected to the application. From there onwards, the process is pretty simple and easy. All you have to do is fill in the necessary information and submit your application.
- Available in US Only: If you’re looking into WeLoans’ services and are not in the US; unfortunately, you’ll have to consider another loan broker. WeLoans’ only operates in the US, and one of its criteria for borrowers is to be a permanent resident of the USA. However, it is available in every state across the USA.
How to Apply for a Payday Loan on WeLoans?
Wondering how you can take the next steps to get a payday loan that’ll keep your finances rolling till your next payday? If you’re convinced about applying for one with WeLoans, you’ll be done with the formal procedures in the blink of an eye. Here’s what you need to do:
Submit an Application
The first step to applying for a payday loan is to submit your application. Once you visit the website, look for the application form. As discussed, the application form is quite simple and self-explanatory. Look for the instructions and fill out the form step-by-step. When you’re done, submit the application.
Select an Offer
Considering WeLoans has an extensive network of lenders, you may receive multiple offers from different lenders. Once you come to a conclusion and find a lender that best matches your needs and agree to their requirements, select and accept their offer.
All that’s left towards the end is wrapping up the official process with your lender. After you’re through with that, the lender will transfer the money to your account. Sit back and relax because you may be getting that loan as quickly as within a day.
Next time a lender comes to you with the cheapest loan offer in the market, and you feel that something’s off about it, there probably is. However, that doesn’t mean you need to go for the highest interest demanding lender out there.
This is why WeLoans offers an all-in-one platform where you can select the type of loan you need and choose from multiple offers put through by lenders after reviewing your application.
Getting a payday loan through WeLoans might just be the best decision you make for your finances!