Am I guaranteed to be approved for a loan with LoanConnect?

Not necessarily. LoanConnect works with multiple lenders to find you a suitable loan option. That said, your eligibility will depend on a number of factors such as your income, employment status and whether you own your own home.

How much does a loan with LoanConnect cost?

Your interest rates will vary depending on factors such as your credit score and the term of your loan. That said, LoanConnect offers loans with interest rates between 8.99% - 35% for a personal loan, 8.99% - 35% for a line of credit or 8.99% - 35% for a debt consolidation loan. You may also need to pay fees for late or early repayment, depending on which lender you choose.

Can I get a loan if I have bad credit?

Yes. The lenders that work with LoanConnect tend to look at factors like your income and job stability to determine your loan eligibility. Your credit score and bankruptcy history may factor into your loan decision, but it typically won't prevent you from getting a loan.

How do I make payments for the loan I got through LoanConnect?

The lender you sign on with will take automatic withdrawals from your account. This means that you'll have to make sure you have enough money in your account to cover your payments when they come due.