SpeedyNetLoan online loan connection service review

What is SpeedyNetLoan?

SpeedyNetLoan is a free online connection service that connects borrowers with providers that offer both short- and long-term loans ranging from $100 to $5,000. Its network of lenders accepts borrowers from all credit backgrounds — provided you’re at least 18+ years old and regular source of income.
Some providers in its network offer terms of up to five years, while others may require you to pay back the funds by your next payday. APRs and fees also Varies by lender, meaning you won’t know how much your loan costs until after you fill out SpeedyNetLoan’s online form and get matched with a provider.

What states is SpeedyNetLoan available in?

SpeedyNetLoan works with lenders in every state except New York, West Virginia and Washington, DC.

What are the benefits of using SpeedyNetLoan?

From offering both short- and long-term loan options to its wide state availability, here are a few perks of using SpeedyNetLoan:

• Multiple types of loans available. You may be able to find both short- and long-term loans through one of SpeedNetLoan’s partner lenders — regardless of your credit history.
• Available almost anywhere. SpeedyNetLoan’s network of providers work with residents of 48 states.
• Bad credit OK. Don’t have the best credit? You may still be able to find a lender you qualify with through one of SpeedyNetLoan’s partners.

What to watch out for

SpeedyNetLoan may be a convenient way to find a lender, but there are a few drawbacks to consider first.

• No contact information. SpeedyNetLoan’s website doesn’t list an email address or phone number for its customer service team, meaning you’re out of luck if you have questions about the process. The only email address we could find was on its privacy policy page, which you can use to opt out of having your personal information shared.
• May not receive a large loan amount. While SpeedyNetLoan’s network of providers offer loans up to $5,000, you’re not guaranteed to qualify for this maximum amount.
• Barebones website. While SpeedyNetLoan’s FAQ page covers the basics, it isn’t as robust as some other connection services out there.

Must read: Beware of impostor site

SpeedyNetLoan.com is a legit online connection service that securely transmits your data to lenders in its network. However, you may find that it’s not the only SpeedyNetLoan out there. There’s also a SpeedyNetLoan.org — which isn’t secure. You can check by looking for the padlock symbol in your browser’s address bar.
If you aren’t sure, check to make sure you’re on a .com domain. Or simply click the Go to Site button on this page, which will redirect you to the legit SpeedyNetLoan website.

Is it safe to use SpeedyNetLoan?

In general, yes — though no website can ensure your information stays 100% safe. SpeedyNetLoan does its part by using 256-bit encryption to keep any personal details you enter on its online form secure. Plus, its privacy policy covers what type of information it collects and how it’s used.
Keep in mind that SpeedyNetLoan is a connection service, meaning the information you enter on its online form will be sent to multiple lenders. And you may still receive marketing calls or emails long after you’ve already taken out a loan. To prevent this, you can opt out by emailing SpeedyNetLoan at support@SpeedyNetLoan.com, but it may take up to three months for your personal details to be completely deleted.

Compare alternatives to SpeedyNetLoan

SpeedyNetLoan reviews and complaints

There isn’t much out there about SpeedyNetLoan — but what is there isn’t great. It doesn’t have any customer reviews listed, though three people filed a complaint against the connection service. Two were complaints about receiving spam from one of its providers. The other is hidden.
The lack of reviews isn’t uncommon — connection sites often have a limited online presence. Instead, you may want to check reviews of the lender you’re connected with to make sure it’s legit and see how former borrowers fared.

Am I eligible?

To find a lender through SpeedyNetLoan, you need to meet the following criteria:

• Steady source of income
• At least 18 years old

Keep in mind that providers in its network may have other requirements you need to meet in order to qualify.

How do I get started?

SpeedyNetLoan has a simple online form that should take less than 10 minutes to complete. Follow these directions to get started:

1. Click the Go to Site button on this page to be redirected to the SpeedyNetLoan website.
2. Select the loan amount you need, your monthly income, your credit score range and the purpose of your loan. Click Get Cash Now.
3. Enter your full name and date of birth. Click Continue to Step 2.
4. Select your primary source of income and enter details about your employment, income and next pay date. Click Continue to Step 3.
5. Enter your email, phone number, address, Social Security number and driver’s license number, as well as your bank’s routing number and your account number.
6. Read the privacy policy and terms of use. Click Submit Application.

It may take up to five minutes for SpeedyNetLoan to process your information and connect you with a potential lender. If you’re connected, SpeedyNetLoan will either redirect you to the lender’s website or give you the information you need to contact the provider directly.

What documents will I need?

To complete SpeedyNetLoan’s online form, have the following information ready:

• Social Security number
• Driver’s license number
• Bank account information
• Employment details

I was connected with a lender. Now what?

After you’re connected with a lender, your interactions with SpeedyNetLoan are over. Next, you’ll need to complete a full application on the partner lender’s website. If you’re offered a loan, review the terms carefully and check online reviews to ensure you’re getting a good deal.
Decide to go through with the loan? It’s time to start thinking about repayments. Some lenders offer discounts for autopay, and you may be able to save on interest by paying off your loan early — just check that there’s no prepayment penalty.
If you have any questions or run into any problems, contact your lender directly.

Bottom line

When you’re looking for a lender and don’t have the best credit, SpeedyNetLoan can be a quick way to get connected without having to fill out multiple applications. But with no contact information and a low BBB rating, you may want to apply directly through a short-term loan provider instead.

Frequently asked questions

• What's the difference between a short-term loan and a personal loan?

  A short-term loan is a small amount of money meant to bridge the gap when you’re short on cash between paychecks. They’re often due within 30 days, aren’t available in every state, don’t require good credit and usually come with high APRs — making them best used as a last resort.
  A personal loan is meant for a larger expense and tends to come with a lower APR and longer term. However, many personal loan providers require good credit and a minimum income to qualify.

• Why does SpeedyNetLoan need my bank account information?

  In order to confirm your identity and ensure you can receive the loan electronically, SpeedyNetLoan requires you to enter information about your bank account, including your bank’s routing number and your account number.
  If you’re not comfortable with this, you may want to look into lenders that don’t require a bank account instead.

• How quickly will I receive my loan?

  It depends on when you apply. Although SpeedyNetLoan is available 24/7, not every lender in its network can process applications all the time. If you apply during business hours, you may be funded as soon as the next business day. If not, it may take one to two days for your loan to be processed and deposited into your bank account.