Helping Good People Get Better Loans

Check Your Rate

It’s Time To Discover LoanNow’s Personal Loans

In your search for resources to deal with a financial emergency, you may discover personal loans from sources you might not have considered previously. Depending on how desperate you are for cash, you may turn to pawn shops, peer-to-peer lenders, payday lenders or auto title lenders – as well as banks or finance companies. Perhaps you should expand your search further – and consider a loan from LoanNow.

personal loansConventional Personal Loans Can Be Difficult to Obtain 

When most people consider personal loans, they think of loans from a bank or credit union. During the application process, however, many people discover personal loans from banks or credit unions have two significant drawbacks: they are difficult to obtain and have very slow processing times.  Borrowers with marginal credit often cannot qualify without providing collateral or a credit-worthy co-signer. Even credit-worthy borrowers may become frustrated by being forced to wait weeks for lending decisions.

Peer-to-Peer Personal Loan Sites Set Minimum FICO Scores

In seeking alternate sources of credit, some people discover personal loans offered by peer-to-peer lenders like Lending Club or Prosper. The lending model is unique – much like crowdfunding, except borrowers are expected to repay their loans.  Peer-to-peer lenders also usually set minimum FICO scores in the mid-600 range, which disqualifies many borrowers. Other borrowers feel squeamish about the level of personal detail demanded from profiles that borrowers are obliged to post on peer-to-peer lending platforms. Finally, the process can be painfully slow.

Personal Loans For People With Less Than Great Credit

Potential borrowers with bad credit quickly discover personal loans from banks or credit unions are probably not an option.  Instead, they seek credit from less desirable sources such as pawn shops and payday lenders. Neither option is ideal.

Pawn shops issue cash on the spot with no questions asked, provided that you can provide merchandise of value to serve as collateral. But pawn shops only lend a fraction of the actual item of your property. If you fail to repay the loan within the deadline, usually 30 to 60 days, you forfeit your property. Not good.

If possible, payday lenders are even worse than pawn shops. They don’t run conventional credit checks and don’t require collateral. They also process applications quickly and issue loans quickly as well. So far, so good.  But payday lenders charge outrageously high interest rates coupled with unrealistically short repayment periods.  That’s a recipe for mushrooming debt that can persist for months, if not years.

LoanNow Personal Loans – We Help Good People Get Better Loans

Many borrowers discover personal loans from LoanNow combine many of the desirable features of bank loans and payday loans, without their drawbacks. We recognize that when you’re dealing with a financial emergency, you can’t always wait weeks for a decision. So we process nearly all applications within 24 hours. If you’re approved, you may receive your loan within minutes*, thanks to our innovative Instant Funding system. Our repayment periods are structured like those for bank loans, with manageable monthly installments. And we say no to rollovers that can escalate what you owe. Why not check out the LoanNow difference for yourself!

Check Your Rate

Why LoanNow

  • 5-Minute Application

    All it takes is a few minutes. We’re fast, easy and headache-free.

  • Fast & Easy Approval

    Get your quick loan approval online. Money in minutes. †

  • Deposit to Your Account

    Funds are deposited fast into your bank account! ‡

How It Works

  • Apply Now

    Complete our easy online application. It takes 5 minutes and there is no paperwork and no faxing required.

  • Get Approved

    You will get a quick loan approval decision. We are a direct lender so there is no long wait for an answer.

  • Get Your Money

    We deposit your money right into your bank account. Your installment loan payments come from the same account - automatic, no hassles.

What We're About

  • "We believe we can change the world by helping people with less than great credit get back on track."

    Miron, The Team

  • "Our loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties."

    Harry, The Team

  • "Our mission is to build the fastest & easiest way to get a loan."

    Jesse, The Team

Grow Your Score

Our personal loans reward you for good behavior instead of trapping you in an endless spiral of interest & penalties. Together, we grow your LoanNow score to unlock better rates.

LoanNow Score

* Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. Subject to underwriting approval.

** Subject to online availability and underwriting may request additional items prior to final approval.

† Loan approvals are subject to underwriting criteria and the approval process may take longer if required items are not able to be verified online or additional items are requested.

‡ Funds will be distributed via ACH. Most banks will post the funds to your account by the next business day. One’s bank will determine when funds are actually available.

LoanNow Trustpilot Rating: 9.3 out of 10 based on 570 reviews as of March 2016. SuperMoney Rating: 9.5 out of 10 based on 55 reviews.