QuickLoanOption provides a marketplace service where your request may be submitted to a network of participating lenders and lending partners. Our service is always free to use. There is never a charge to submit a request through our platform.
QuickLoanOption is not a lender and does not make credit decisions. Any lender or lending partner that receives your information will provide details regarding rates, fees, terms, and conditions before you accept any offer.
New customers often have questions about QuickLoanOption, which is why we have compiled the most common questions below. If your question is not answered here, we encourage you to contact us for additional assistance.
If you have questions regarding a loan inquiry, approval, funded loan, payments, or any other issue related to a specific loan, please contact your lender or lending partner directly. Since we are not the lender, we cannot answer questions regarding pending or approved loans.
Short-term loans are designed to provide temporary financial assistance for unexpected expenses and emergency situations. They are intended to be repaid within a relatively short period of time according to the lender's terms and conditions.
Most lenders or lending partners generally require applicants to:
The amount available depends on factors such as your income, state of residence, lender requirements, and applicable laws. Many lenders may offer loan amounts ranging from $100 to $5,000.
If approved and accepted, loan funds are often deposited directly into your bank account, sometimes as soon as the next business day depending on the lender and your banking institution.
Each lender has its own underwriting guidelines. Some lenders may consider applicants with less-than-perfect credit histories, while others may have stricter requirements.
Submitting a request typically takes only a few minutes. Responses from participating lenders may be received within minutes, while final approval and funding times vary by lender.
Most lenders provide electronic document delivery and verification. However, some lenders may request supporting documents, and access to a printer or scanner may occasionally be helpful.
There is no fee to use QuickLoanOption's marketplace service. Loan costs, interest rates, and fees are determined by the lender or lending partner and will be disclosed before you accept a loan offer.
This depends on state regulations and the policies of individual lenders. You should always disclose existing loan obligations when applying for additional financing.
Repayment schedules are established by your lender. Many lenders offer ACH payments directly from your bank account on scheduled due dates.
Late payment policies vary by lender. Additional fees or penalties may apply. Review your loan agreement carefully and contact your lender if you anticipate payment difficulties.
We use industry-standard security measures and encryption technology to help protect personal information submitted through our platform. Please review our Privacy Policy for additional details.
You may submit another request whenever permitted by applicable laws and lender policies. Existing loan obligations may affect eligibility.
Extension and rollover policies vary by lender and state law. If you require additional time, contact your lender before your payment due date.
Failure to repay a loan may result in additional fees, collection efforts, negative credit reporting, and difficulty obtaining future credit. If you experience financial hardship, contact your lender immediately to discuss available options.