Online Personal Loans

Online Personal Loans
  • SAFE AND SECURE
  • LOANS UP TO $ 5000
  • ONLINE DECISION
  • FAST AND DISCREET LOANS
https://loansolution.com/Personal Loans
Last Updated 11.08.2022
150000
Loans Processed
10000
Max Loan Amount
98
Approval Rate, %
37.5
APR, %

We’ve all been there before — we have an emergency come up and need some extra cash quickly, but don’t want to burden our friends and family with requests for loans. It can be hard to find the right lenders online, but thankfully, some websites allow you to apply for a personal loan quickly and easily. LoanSolution can help you get the money you need fast, so you can get back on your feet as soon as possible. Apply today!

What Are Personal Loans?

Personal loans can be used to pay off credit card debt, make home improvements, consolidate debt or purchase a car. Personal loans have lower interest rates than credit cards and are secured by collateral such as a vehicle or real estate. Loans range from $5,000 to $35,000 with terms up to 7 years depending on your lender. Monthly payments are generally between $200-$400 per month depending on your terms and credit score. Personal loans from Loan Solution are only available in certain states. You will need access to a computer and Internet connection to apply for one of our personal loans.

» COMPARE: High Risk Personal Loans

Ways to Use a Personal Loan

Personal loans can come in handy when you need a little extra cash to pay off bills, remodel your kitchen or do some home repairs. If you have good credit and are looking for an easy way to borrow money, then a personal loan is probably your best bet. Personal loans can usually be paid back over time and don’t carry all of the penalties that come with other types of loans, such as late fees. This can make it easier to repay without feeling like everything else in your life is on hold while your debt builds up. However, if approved, keep in mind that most online personal loans have higher interest rates than mortgages or credit cards, so read through all of the fine print before applying.

How Do You Calculate Monthly Payments on a Personal Loan?

The amount of money that you receive from a personal loan depends on how much money you want to borrow and how long you need to pay it back. You can determine monthly payments by taking your monthly interest rate and multiplying it by your length of repayment time, then adding in principal repayment. For example, if you’re borrowing $1,000 at a 3% interest rate with 48 monthly payments, your total paid is going to be approximately $951 ($1000 x 0.03 x 48 months). If these numbers confuse you or don’t make sense, take some time to research exactly how annual percentage rates (APRs) work and how they affect small-dollar loans like these.

What Are the Basic Requirements for Personal Loan?

An application typically requires your Social Security number and other identifying information, such as your name, address, phone number, and employer details. You’ll also be asked to provide bank statements, pay stubs, or tax returns to verify income. And while a co-signer isn’t necessarily required to secure a loan, having one can increase your chances of qualifying in some cases. If you have bad credit or no credit history — which is common among younger borrowers — you may need someone who already has a solid financial record on board as a co-signer. Otherwise, most banks will require evidence that you have enough money in your bank account to cover monthly payments without issue.

Get online Instant Cash you need
Get online Instant Cash you need
Get online Instant Cash you need

How Long Does It Take To Get a Personal Loan?

Unlike other online lenders, we don’t require any paperwork or documentation. You can get a decision and a loan offer in minutes – no matter where you live. And, since your info is confidential and secure, you can apply without having to worry about credit checks or bad credit.

What Credit Score Is Good Enough for a Personal Loan?

So, what credit score do you need to get a loan from us? There’s no one-size-fits-all answer; it varies depending on your income, expenses, and existing debt. The easiest way to know if a lender will approve your application is to check out our rates page. Use our real-time rate estimator tool to see what kind of deal is possible with your specific income and current financial situation. The good news: Our rates are quite competitive (we’re an industry leader!) and we don’t apply any hard credit inquiries as part of your application, which means they won’t ding your credit score in any way.

How Does a Personal Loan Affect Your Credit Score?

If you’re worried about getting a credit score bump, don’t be. Personal loans, unlike some other types of lending, do not affect your credit score at all. This means that whether or not you have any debt on your current credit card isn’t going to have any impact on your ability to get a personal loan from LoanSolution — or anywhere else for that matter. The same goes for your history with mortgages and other types of loans; in fact, paying off existing loans can sometimes make it easier to get approved for new ones! So what does affect your credit score?

LoanSolution
LoanSolution
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For over 20 years, we have used our knowledge, expertise and commitment to help people find the right loans for their needs. We are here to help you get your loans approved, especially when it comes to bad credit. We make sure that your application will be handled by our experts and you will get the most out of it.

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Testimonials

Andrew Drain
Andrew Drain
It’s easy to apply for a loan, and I got approved instantly. I highly recommend this service if you have an emergency.
Dean Oster
Dean Oster
LoanSolution is a trusted lender, and I recommend them to anyone looking for quick cash to settle an urgent problem. Very professional.
Elizabeth Mizell
Elizabeth Mizell
When I applied at LoanSolution, I didn’t know the service is so fast. I got approved shortly after sending my application and received cash on the same day.
Jeffrey McFarland
Jeffrey McFarland
This is a trusted lender for those who want a quick loan to solve a problem instantly. I cannot find a reason to complain.
Kimberly Perkins
Kimberly Perkins
You can apply in the morning and get money on the same day. My application was approved quickly, and I received the cash without extra conditions.
Robert Grant
Robert Grant
I used this lender, and they’re fantastic. I needed to borrow money fast and their service was the best.
Virginia Smith
Virginia Smith
I will definitely borrow from you if I need cash in the future. The service is quick, and I found it easy to apply and get approved.
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