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Sep 28, 2017 - 34 minute read

Can i get a personal loan from the bank

This entry was posted on Monday, December 8th, 2014 at 11:27 am and is filed under Loan Process, Uncategorized, Underwriting Rules. You can follow any responses to this entry through the RSS 2. 0 feed. You can leave a response, or trackback from your own site. Are there mortgage lenders that dont have cash-reserve requirements. By Brandon Cornett | © 2018, all rights reserved | Duplication prohibited.

Reader question : We recently got turned down by a mortgage lender because they said we had insufficient cash reserves. I wasnt even aware of this requirement when we applied for the loan, since nobody said anything about it at the time.

Can i get a personal loan from the bank

It is not required by any federal, state or local law. Our lenders may offer you a loan with an APR between 20 and 300. The APR on a small dollar, short term loan represents the amount of your loan, cost of the loan, term of the loan and repayment amounts and timing. Loans on the lower end of the APR range may be for a larger loan amount and for a longer term.

Loans on the higher end of the APR range may be for a smaller loan amount and for a shorter term. Depending on your credit needs and desire to pay your loan off quickly, your lender may only offer you loans with an APR near the high end of the range noted above.

This is an expensive form of credit.

Can i get a personal loan from the bank

Why choose MoneyMe. You get more with MoneyMe. Cheaper loans tailored to your credit profile and history. 5 minute application. The experience is simple, online and quick. Cash straight to your bank. Anytime anywhere access to money. Under 24 hours. We're in this together. We care, we listen and we'll support you when you need help.

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