Imagine that you need to consult someone for advice. Would you rather talk to a friend or a friend-of-a-friend-of-a-friend? I think we can all agree that the direct option is best. The same is true when it comes to finding a lender for an installment loan. When you work with a direct lender, you are contacted directly by the company and you will work with that same lender throughout the process. Your contact information won’t be farmed out to dozens of lenders, and you won’t have to field phone calls and junk mail from lenders vying for your loan. If you aren’t yet convinced, scroll down to learn more about the benefits of using a direct lender.
Benefits of Using a Direct Lender
Borrowing money online for the first time can be nerve-racking, which is why direct lenders are so sought after. Direct lenders provide a service that is secure, simple, and straightforward. When you apply for a loan from a direct lender, they will consider your application and either accept or deny it. That’s it! End of story.
When you use a direct lending company, you’re working directly with the lender who will provide your loan. This might not sound very impressive to those of you who are new to the online lending business, but we promise that it is both unique and coveted. When you’re borrowing money, the ability to work directly with a lender provides assurance. It also streamlines the process, as we mentioned above, and it lowers certain costs, as we’ll mention below. In most areas of our lives, we take direct communication for granted, so don’t underestimate it when you’re searching for an installment loan.
Direct lenders typically require very little time to process loan applications. They understand how important quick turnaround times are as well, so most guarantee a response within 24 hours.
You might be wondering about the alternative to direct lenders: affiliates. When you apply for a loan using an affiliate, they will farm your information out to hundreds of lenders and then offer you their terms. The problem with this process is that you will become a target for call centers all around the world. Your phone will ring off the hook for months as lenders try to offer you loans, creating a very frustrating situation.
Have we convinced you? If you’re ready to apply for an installment loan from a direct lender, check out Advance Paycheck Online. We offer short-term advances and installment loans online to the residents of three states: Illinois, Utah and Wisconsin. Our flexible payment schedules will help you pay off your loan as soon as possible, and we prorate the fees involved so that if you pay off the loan early, you will have very few fees to pay. To get started, please contact us online or give us a call at 1-815-436-4242. We would be happy to help!