America Loan Service Review
Last updated July 23rd, 2018
Recommended for: Personal Loan -
The America Loan Service online request form connects consumers to hundreds of short-term loan lenders or personal loan lenders at one time. The service is designed to connect consumers based on lender credit criteria.
The process is very simple:
- Fill out the short form, it is safe and secure
- See if you are approved in real time from a large network of lenders
- Check your bank account to see if the money arrived as early as the next business day if you are approved
The lenders will review your request quickly to determine whether your information meets the lender's loan qualification criteria. You will receive notice within a few minutes if there is a lender interested in discussing a loan. Loans are normally funded within 1-5 business days depending on the lender and if they have all information required to fund.
If a lender is satisfied with all of the information with your request and has decided to offer you a loan, you will be directed to the lender's website. At this point, you will leave America Loan Service and we recommend that you review the terms and conditions of the lender. Take your time to go through all of the information from the loan provider. We recommend that you ask every question to be sure you fully understand the loan. The lender should explain the following information:
- Loan amount offered
- Finance charge and fees
- Annual percentage rate (APR)
- Loan term
- Payment schedule
We have many people ask, “Why does the lender require the banking information upfront?” They need your banking information to deposit the loan into your checking account if you are approved.
Information is required to request a loan:
- Telephone number
- Email address
- Social security number
- Banking account information
- Employment information
Short Term Loan
Some lenders specialize in short-term loans starting as low as $100 with terms as short as two weeks. Interest rates range, with many lenders offering rates from 261% to as high as 1400% for a loan as short as 14 days.
Many lenders will offer bad credit loans up to $5,000 with a credit score starting at 580 and a monthly income of $2,000/month. Funds will be deposited directly into your bank account.
America Loan Service’s lenders do not offer loans in the following states:
The Annual percentage rate (APR) starts at 6.59% with loan amounts up to $35,000.
If you have any question in regard to how this service offer works, you can contact us during regular business hours Monday to Friday on the chat box in the bottom right or email us at firstname.lastname@example.org
Terms and Conditions
With the personal loans our lenders and financial service providers offer, you will always know exactly what to expect before you are under any obligation to actually take out the loan. All the lenders and financial service providers in our network strictly follow the Truth in Lending Act, which means that you’ll receive documentation of every last detail of your loan beforehand. You’ll be able to see all applicable interest rates, possible fees, and all other information on your loan, allowing you to make an informed, responsible borrowing decision without any pressure.
What's good about America Loan Service Providers?
There are emergencies that no one can plan for. We are not limited to helping only consumers with excellent credit. Sometimes a run of bad luck happens through no fault of your own. As long as you are working, we have a group of lenders that are willing to lend you a helping hand regardless of your credit or debt-to-income. We base our lending on your self-disclosed credit score and income.
An installment loan can help you when there are no other solutions.
What's bad about America Loan Service Providers?
It is people who are struggling that really need personal loans, not just those with excellent credit histories who have the ability to pay their bills on time. A perfect spending history isn't possible for many American families. No matter how well you have planned your budget and watch your spending, an unexpected repair or emergency can completely throw your finances into difficulty.
|Loan Amounts||$100 to $35,000|
|Required Credit Score||550+|
|Doesn't lend in||Arizona, Arkansas, Connecticut, Georgia, Massachusetts, Maryland, Maine, North Carolina, New Jersey, New York, Pennsylvania, Vermont, West Virginia|
|Minimum Annual Income||$2000|
|Types of Income||Salaried, self-employment and benefits|
|Variable Rate Option||N/A - Fixed only|
|APR Range||starting at 6.59% to over 1400% for 2-week loans|
|Loan Term||Loan repayment varies from 2 weeks to 36 months.|
|Repayment Schedule||Varies by lender|
|Credit Inquiry||Varies by lender|
|Fees and Closing Costs||Varies by lender|
|Direct Deposit||Yes - with valid bank account|
|Loan Purpose||Debt Consolidations, large purchase, wedding, vacation, home renovations|
|Qualifications||U.S. Citizen, permanent resident, 18+ years|
|Allows Military||Yes, with restrictions|
|Insurance||Varies based on lender|
|Legal Documents Required||U.S. Citizen, permanent resident|
|Number of Offers||Consumers who qualify will receive one offer, but may request again any time|
|Customer Service||Phone, email|
America Loan Service Disclaimer
NEITHER THIS WEBSITE NOR ITS OWNER IS A LENDER. This website does not constitute a solicitation to lend, and this website does not endorse or charge you for any service or product. Completion of this online form does not guarantee that you will be approved for a loan. Only a qualified lender can provide you with information about loan terms specific to your credit profile, the APR of any loan, or the consequences of failing to make a loan payment. Ask a qualified lender for their rates and fees as well as their consequences for missed payments. If you do fail to make your loan payments in accordance to its terms, your lender could: CHARGE YOU FEES FOR LATE PAYMENTS, FORWARD YOUR DELINQUENT ACCOUNT TO A COLLECTION AGENCY OF THEIR CHOOSING, REPORT YOU AND YOUR INFORMATION TO A CONSUMER REPORTING AGENCY, WHICH MIGHT NEGATIVELY AFFECT YOUR CREDIT SCORE. THEY MAY ALSO OFFER TO EXTEND, RENEW OR REFINANCE YOUR LOAN WHICH COULD CAUSE YOU TO BE CHARGED MORE FEES AND ADDITIONAL INTEREST.
Each lender is required to provide you, the consumer, with all costs and expressed as an annual percentage rate of interest (APR). This information will also include the name of the lender, the amount they will finance, and the breakdown of the amount financed, the financing charges, your payment schedule, and your total number of payments. Your interest rate will vary depending upon which product you select from which lender - Currently this range is usually anywhere from 6.59% up to 1400% APR, but higher rates may apply to your loan. Higher rates apply to short-term loans. No lenders should charge you an upfront fee. Do not agree to any terms if there is an upfront fee. Loan renewal policies are largely governed by state regulatory legislation. The loan renewal options will be presented to you by your lender prior to your acceptance of the loan. Please make sure to diligently read the renewal policy presented to you prior to signing the loan documents.
NOTICE: PLEASE BORROW RESPONSIBLY. A SHORT TERM LOAN SHOULD BE USED FOR SHORT-TERM FINANCIAL NEEDS ONLY, NOT AS A LONG-TERM FINANCIAL SOLUTION. CUSTOMERS WITH CREDIT DIFFICULTIES SHOULD SEEK CREDIT COUNSELING ADVICE OR MEET WITH A NONPROFIT FINANCIAL COUNSELING SERVICE IN THEIR COMMUNITY. AMERICA LOAN SERVICE ONLY REFERS YOU TO LENDERS AND SERVICE PROVIDERS THAT MAY BE WILLING TO FUND YOUR LOAN, NOT NECESSARILY THE LOWEST INTEREST RATE.
The information you submit will be shared with lenders and third parties in an attempt to find a loan for you. Submitting a request does not guarantee that you will be approved for a loan or that you will be approved for the amount you requested. Loan terms will vary, and loans may not be available in all states.