Once you’ve filled out the application, we will need to review it. This process includes a soft check on your credit score, so it won’t negatively impact you. The credit score is not the only way we determine your eligibility for a loan, however, so even if you have a low credit score, go ahead and apply for a loan. We simply check to make sure you will be able to repay the loan. Since there are low monthly payments to repay the money, most people who apply are approved for a loan.
After you are approved, the money will be deposited into your bank account. We do this for a couple of reasons. First, you don’t have to leave your home to get the money. If your car is broken down, you can fill out the form online and have the money fast, without needing to get a ride anywhere. The second reason is, so the money is in your hands as soon as possible. Direct deposit means the money is in your account within a few hours after you’re approved, so you can take care of the emergency right away and not have to worry.
Spend the Money
The point of getting the loan is to spend the money – and you can do that as soon as it’s in your bank account. We don’t oversee how the funds are used, and we don’t require you to use the money on a specific thing. You can use the money however you’d like, whether that’s to replace a broken appliance, fix your car, do home repairs, or anything else. As soon as the money arrives, you can spend it. Then, you just need to pay attention to the repayment plan to make sure the loan is repaid in full and on time.
Repaying the Loan
When the money is received, we’ll let you know how and when to make payments on the loan. Payments will need to be made monthly and will include the interest charges along with the principle of the loan. This way, once you have made all of the monthly payments, you don’t have to worry about anything else needing to be paid. Simply make the payment on time each month, and you’ll have the entire loan paid off quickly and easily, without having to pay it all out of one paycheck.
Emergencies happen, and Salt Lake City residents may not always have the cash in hand to deal with the emergency right away. A vehicle can break down, crucial appliances can stop working, or something else can happen. When these emergencies happen, and you don’t have the funds to handle it right away, we can help. We offer easy installment loans with a fast application process and a high rate of approval. Simply fill out the application on our page to get started, and you’ll have the money you need right away.
There are many different lenders in the market today and it’s important to get acquainted with them properly before you sign any loan contract. Lenders offer various loan deals with different interest rates and loan amount. Even the documents they require from borrowers can vary. It’s good to know that King of Kash outstanding personal loans and are probably your best loan choice.
As a type of secured loan, borrowers need to present collateral to avail title loans. In this case, a vehicle’s clean and free title could help you obtain the loan you need. The great thing about title loans is that you don’t have to worry about your credit standing because lenders typically rely on the car’s value for approval. The lender may give you a larger loan if your car still has great value, but also remember that the amount they’re able to lend is upon their discretion.