100 Day Loans is a loan service provider that promises instant fund transfer within one hour of applying. The best part is that it allows customers with bad credit to apply, and qualify for a loan instantly. It has a very lenient eligibility criterion. Customers should be at least 18 years of age, should have an active checking account, must be a US citizen or a permanent resident and have been employed for at least one month.
100 Day Loans – Installment Loans
Installment loans work just like personal loans. Here, you borrow a specific amount of money and agree to repay the same in a series of monthly payments. 100 Day Loans links customers to a variety of lenders. It takes away the hassle of filling several application forms and waiting endlessly for an approval. Instead, with 100 Day Loans, you have to fill up just a single form and see which lender is ready to provide the money you need.
Generally, majority of lenders expect interest payments in two weeks. However, there are a few lenders who extend the loan tenure for up to 100 days or more. This depends on the state being applied from and also the loan amount.
Application Process and Approval – 100 Day Loans
Being a loan servicer, 100 Day Loans provide information of lenders who offer short-term loans to customers. You can start anywhere from $200 and go up to $1,000 or even more depending on the final lender.
Filling the application form takes just a few minutes as you only have to enter basic details such as name, phone number, address, employment and income details. Once you submit the information, 100 Day Loans loan officers revert to customers within 90 seconds.
If you qualify, funds may be wired to your account the next business day. There have been customers who have got the money transferred into their checking account within 24 hours. The application and approval is immediate thus encouraging customers to try their luck with 100 Day Loans.
Credit Score Requirements
100 Day Loans’ official website clearly states that having a bad credit should not be a concern for applying for a loan. The loan servicer has a good network of lenders, some of which accept bad credit customers too.
Each and every lender have their own terms and conditions. Also, the interest rates, fees and other charges vary from one lender to the other. This is why 100 Day Loans may not be able to guarantee a fixed rate or a fixed loan term.
This may seem to be good news for those who have a poor credit. It is not only difficult to apply for a loan with a subprime credit, but many a times customers may be rejected only because of their credit score. Trying your luck with 100 Day Loans may be a good idea, especially because some or the other lender will definitely be ready to approve your loan.
In a Nutshell
The loan servicer has had many happy customers who have got their money credited to their account within no time. This means that the service being offered by 100 Days Loan is completely up to the mark.
Customer reviews and feedback play a crucial role in deciding whether to approach a lender or not. Fortunately, 100 Day Loans have received positive feedback and therefore, it seems to be a safe place to carry out financial transactions. Search 100 Day Loans and get qualified for a loan immediately.
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