Looking for fast same day online loans? Loancleared.com offers quick and easy online loans approved on the same day. Keep reading to learn more about Loancleared.com’s loan criteria, application process, fees, credit checks, privacy policy, and contact information.
Loan Criteria
Loancleared.com offers online personal loans from $500 to $3,000. To qualify for a same day loan you must:
- Be at least 18 years old
- Have a regular source of income
- Have a valid checking account
- Be a resident of the United States
Loancleared.com works with a network of lenders to provide loans even if you have bad credit or no credit. They do not check credit reports from the major bureaus.
Application Process
The online application process at Loancleared.com is quick and easy:
- Visit Loancleared.com and click “Apply Now”
- Fill out the secure online application with your basic personal and employment information
- Receive an instant loan decision
- Review and electronically sign your loan agreement
- Same day funding! Most approved loans are deposited directly into your bank account the same day you are approved.
The entire process from application to funding can be completed in as little as a few hours. It’s the fastest way to get the emergency cash you need.
Fees and Charges
Loancleared.com has no application fees. If approved, your lender will charge an origination fee and interest on your loan. Origination fees typically range from 5-10% of the loan amount. For example, on a $500 loan you may pay a $50 origination fee.
Interest rates vary depending on the lender, loan amount, and your personal circumstances. You can expect to pay interest rates between 200-300% APR. Make sure to carefully review the fees and terms before accepting your loan offer.
Credit Checks
An important benefit of Loancleared.com is that they do not perform hard credit checks with Equifax, Experian or TransUnion. Applying for a loan will not affect your credit score.
However, lenders may validate personal information you provide in your application by using national databases and other sources. This soft credit check helps prevent fraud.
Even with bad credit or no credit at all, you can still qualify for a same day loan up to $5,000.
Privacy
Loancleared.com takes your privacy seriously. They use industry standard encryption and security measures to protect your personal information.
Only approved lenders and service providers in their network can access your data. They will not sell or share your information with unaffiliated third parties.
Make sure to read their Privacy Policy for full details.
Contact Information
For questions, concerns or complaints, there are several ways to contact Loancleared.com:
- Email:Â support@loancleared.com
- Phone: 1-888-572-8472
- Mailing Address: LoanCleared
PO Box 17032 Wilmington, DE 19850
Their customer service team is available 7 days a week from 8am – 10pm EST to help.
Loan Approval Factors
When you apply for a same day loan on Loancleared.com, here are some of the main factors lenders consider to make an approval decision:
- Income – Having a verifiable source of income is key. The more you make, the higher loan amount you may qualify for.
- Employment – Steady employment helps show you have the means to repay the loan.
- Existing debt – Too much existing debt from credit cards and other loans can negatively impact the loan decision.
- Bank account – You need an active checking account to receive the loan deposit. Prepaid debit cards and savings accounts are not accepted.
- ID verification – Valid government issued photo ID helps verify your identity and prevent fraud.
- History – Previous loan payment history or outstanding debts may affect approval chances.
Meeting the above criteria is essential for the best chance at loan approval. Even borrowers with poor credit may qualify for same day funding.
The Bottom Line
Loancleared.com offers a fast and convenient way to get emergency cash online. In just a few hours, you could have up to $5,000 deposited directly into your bank account.
Be sure to carefully consider the fees, rates, and repayment terms before accepting a same day loan offer. Only borrow what you can comfortably afford to repay. Use online loans responsibly.