How It Works
The Loans Point has a simple application process for payday loans and installment loans. It takes 5-10 minutes to complete the application and get a decision from one of the lenders or brokers who are associates with The Loans Point. More information about application process is provided below:
Fill in your personal details, contact information, employment information and bank information. All the details should be accurate, that will help our smart search algorithm to find a suitable loan offer according to your details. Also, accurate details will avoid any rejections or refusal after you have been approved by a lender. It takes only three minutes to fill in all the details.
Our smart search algorithm will then find an affordable payday loan or installment loan offer from our network of lenders based up on the state of residence, loan amount, loan period, net income, residential status and other information provided by the applicant. Every lender provides an instant decision for the application and if an applicant is accepted by a lender for a payday loan or installment loan, then the page is redirected to the lender’s website where process for loan approval is initiated.