financlon.com provides a service that connects you with a network of trusted lenders. Our platform is completely free to use—there is no charge for submitting a loan inquiry. Each lender will have its own specific rates and terms, which will be presented to you before you decide to accept a loan. Please note that financlon.com is not a lender and does not make credit decisions.
For new customers who have questions about our service, we've compiled the most frequently asked questions below. If you don’t see your question answered here, feel free to reach out to us directly.
For inquiries related to loan approvals, funded loans, payments, or any specific details about a loan, please contact your lender directly. If you've already received a loan, you should have the contact information for your lender. Since we do not issue loans, we cannot assist with specific loan inquiries.
What is a short-term loan?
Short-term loans, sometimes called by different names, are designed to provide temporary financial relief for urgent needs.
Who can qualify for a personal loan?
Most lenders require that applicants:
- Have been employed in their current position for about 90 days or have another reliable source of income.
- Be at least 18 years old and either a U.S. citizen or a permanent resident.
- Earn at least $1,000 per month after taxes.
- Have a valid email address, work phone number, and home phone number.
How much can I borrow?
The amount you can borrow depends on the evaluation of various factors by the lender, including your location and applicable legal restrictions. Many lenders in our network offer loans ranging from $1,000 to $50,000.
How will I receive the loan funds?
Once your loan is approved and you accept the terms, the lender will typically deposit the funds directly into your bank account, usually by the next business day.
Can I get a loan if I have bad credit or a bankruptcy on my record?
While personal loans are generally intended for individuals with good credit, each lender has its own criteria. For those with bad credit, a short-term consumer loan may be an alternative. If we cannot match you with a lender offering the amount requested, we'll attempt to find a short-term lender that suits your needs.
How long does the process take?
It takes just a few minutes to complete our secure online form. After submitting your information, we will immediately begin searching for a lender. You’ll typically receive a response within minutes. In many cases, approval and funding can be completed within 24 to 48 hours.
Do I need a printer or fax machine?
Some lenders may request your permission to access your bank statements or other documents online. However, others might ask you to fax or email copies of your bank statement, pay stubs, or other information. If you don’t have access to a printer or scanner, office service providers like Office Max or Kinkos can assist. You should also have access to a printer to keep a copy of your loan agreement for your records.
What are the costs associated with a short-term consumer loan?
Using financlon.com’s marketplace service is free. The actual loan cost will depend on your specific lender, but you will always be informed of the rates and fees before accepting a loan. Personal loans are meant for short-term solutions and may be less costly than incurring late fees, NSF charges, or other penalties for overdue bills.
Can I get a new loan if I already have an outstanding one?
It’s possible to secure more than one personal loan at a time, but this depends on your state’s laws and the lender’s policies. Be sure to inform your lender about any existing loans before accepting a new one.
When and how do I repay my loan?
If you select the ACH payment option, your loan payments will automatically be withdrawn from your bank account on the due date, helping you avoid late fees. If you need an extension, contact your lender before the payment due date.
What happens if I’m late with a payment?
Each lender has its own policies regarding late payments and associated fees, which will be outlined in your loan documents. In some states, regulations may limit the fees lenders can charge for late payments.
How is my personal information protected?
We use industry-standard security measures, including encryption, to safeguard your personal information. For further details, please review our privacy policy.
When can I apply for another loan?
You can use our service to apply for another loan at any time, as long as it complies with state regulations. If you have an outstanding loan, inform your new lender before accepting a new one.
Can I get an extension on my loan repayment, and how many extensions are allowed?
The availability of extensions or "rollovers" varies depending on the lender and state laws. Some states allow multiple rollovers, while others don’t allow them at all. Contact your lender before missing a payment to discuss extension options.
What should I do if I can’t repay my loan?
If you're unable to make your payments, it may negatively impact your credit score and limit your ability to get future loans. Don’t ignore the issue—reach out to your lender to explore alternative payment arrangements.