Financealoan has a rational approach, and it follows the rules made by regulatory authorities to ensure transparency for the borrowers. From application to funding disbursal, we follow a process backed up by the decided terms and conditions. Even for rejection, we have set parameters to keep things clear for the loan applicants.
According to the norms popular in the direct lending industry, we do not take any document or detail in the physical form. From basic financial information to the personal data of the loan, the applicant is obtained online. Direct lending works online, and from application to money transfer (if approved), the process occurs virtually. The verification process also happens online, from credit score check to fund approval.
We easily approve loan for the poor credit people if they qualify for certain terms and conditions. We may overlook the past payment and credit history in the following circumstances.
We accept first time borrowers, and every year we get millions of applications specifically from those who borrow for the first time. The terms and conditions for first-time borrowers are not stringent or impossible. In fact, we try to keep things flexible as much as possible. Here are the conditions for those who borrow for the first time.
We want to inform you that we are not like the finance companies that right away sends notice to the borrowers. We have a fair and decided process to handle the situations.
The payment holiday has become a frequent demand in last few years, and we are trying hard to provide the due service on this part. With some policies working in favour of the customers, Financealoan makes an effort to accept all who apply for it.
As we send money online after the approval of funds, we need to be sure about certain conditions related to your bank account. There are several things that you need to keep in mind when you send us the bank details.
NOTE – The borrowers do not need any broker to reach us whether they have bad credit or no credit history. You need to be alert if a broker makes an approach to you with our name. Financealoan is a direct lender, and fund seekers can directly reach us online and apply for the funds through our website in a few minutes.
Our terms and conditions are understandable, and the borrowers from varied financial backgrounds can follow them without any stress. The factor of flexibility in every aspect helps the loan applicants find ease in their loan journey. We make sure that you get funds quickly and in the safest manner with complete transparency. For that, we need to apply the rules and conditions set by the industry to prevent any bad experience of the fund seeker.