No one wants to deal with a middleman. Not only does it delay the process (whatever process that may be), but it also increases the costs. Wouldn’t you rather communicate directly with the company who will be providing the products or services you need? When it comes to installment loans, this advice is especially pertinent. A direct lender will manage every aspect of the lending process—application approval, quick funding, repayment, etc.—instead of passing your information over to a third party. Wondering how to get started? Learning how to find direct lenders is easier than you might have thought . . .
How to Find Direct Lenders
Ask around. Before you waste any time scouring the World Wide Web, learning how to find direct lenders, ask your friends, family, and coworkers if they have ever used a direct lender. And if they have, ask about the pros and cons of their experience. The best way to find a lender is through a personal recommendation.
Search online. You know how this works! Simply search for direct lenders online using an effective search engine like Google, focusing on the keyword direct. A truly direct lender should be proud to broadcast the fact that they provide a direct lending service. Scan through your options and make a list of the most promising lenders. Then, sort through the potential lenders using the tips below, weeding out the inferior options.
Evaluate the results. Once you have a solid list of possibilities, evaluate them using the following tips. These will ensure (1) that your choices are truly direct lenders and (2) that they will provide a quality lending service. These steps can be completed in minutes, but they will help you feel content throughout your loan’s term.
- First, be absolutely sure that the company advertises a direct service.
- Second, check that the company is licensed and reputable.
- Third, contact the company’s customer service and assess their communication.
- Fourth, review their loans and services to be sure they fit your needs.
- Fifth, look for specific loan rates and terms on the company’s website.
- Sixth, look for state licenses that prove that the company is legally allowed to lend.
- Seventh, consider using an instant lending service for immediate funding.
Applying for a loan from a direct lender offers a variety of benefits, including direct communication with your lender, a faster and more convenient experience, and assurance that your contact information will not be farmed out to other companies without your knowledge or consent.
When you’re ready to get started, check out Advance Paycheck Online. We are a direct lending company offering short-term advances and online installment loans 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!