It was not long ago that borrowing from a “friend or family member” seemed like the obvious option to try if traditional lenders were unwilling to offer you the financial support needed.
As it turns out, this type of lending is rife with issues, and can often result in significant financial losses for borrowers.
This is where UnityLoan comes into play; a web-based platform that enables you to obtain a loan from anyone who is willing to provide it.
Read this review and know why UnityLoan is the best deal for you if you are looking for a legit loan marketplace to help you with your financial needs.
What is UnityLoan?
UnityLoan is a web-based service that connects people looking for a loan with those who are willing to lend money. After creating an account, you will be able to fill out a simple form that will include information about your financial situation and how much money you need. After that is submitted, you can immediately start receiving responses from potential lenders who are looking to accommodate your needs.
What Type of Loans One Can Get on UnityLoan?
- Payday Loans: A payday loan is a type of short-term or emergency loan. These loans usually come with a set term, which entitles the borrower to receive the funds needed for their immediate financial needs and then pay them back within a few weeks when their next payday comes along.
- Same-day Loans: A same-day loan does not have a set term; the funds borrowed can be accessed immediately on the same day and paid back whenever you have the money available to do so.
- Installment Loans: An installment loan is a type of long-term loan that can come with affordable monthly or weekly payments. Paying back these loans is a little more complicated, but the end result that you are able to get much-needed money without going through with a traditional loan can be quite satisfying.
- Bad Credit Loans: If you have not been able to get approved for a traditional loan from a bank, credit union, or another traditional lender, you may be able to find potential lenders on UnityLoan who can lend you loans with bad credit. This is because many of the money seekers who are using this platform are seeking to lend money to those individuals who have bad credit scores.
- Quick Cash Loans: These loans are intended for those who need to pay a specific amount of money in order to cover future expenses. The money is then paid back just like any other payday loan and does not require any paperwork or verification process because you will be able to tell them that you need the money right away.
Why Choose UnityLoan
There are many benefits to choosing UnityLoan over conventional lenders. Here are some of its benefits:
- Streamlined Application Process: When you apply for a UnityLoan, you will be able to submit your loan request directly on the website without having to worry about any complicated paperwork, verification processes, or other types of hurdles that can make it difficult for you to get approved for a loan.
- No Credit Checks Loans: The biggest reason why people are turning away from traditional lenders is that their credit history will often decide whether or not they qualify for the loan they need. UnityLoan does not ask for any type of credit report or verification, which means that anybody who has been denied a loan by a traditional lender can use this service to obtain the financial support they need.
- Flexible Payment Options: When applying for a loan on UnityLoan, you will be able to select between different plans that allow you to make monthly or weekly payments, which will be more affordable than that of a traditional payday loan. This gives you more flexibility over how much financial support you are getting.
- One Application, Multiple Offers: Once you have submitted your loan request on UnityLoan, you will be able to immediately begin receiving offers from potential lenders who are looking to provide you with the amount of money that you need. You can compare the different offers that they provide and then choose the one that best meets your needs.
- Vast Loan Coverage: An additional benefit to choosing UnityLoan over other loan providers is that they are able to provide you with a much wider variety of financial support than what you could possibly receive from a traditional lender.
- Safe & Secure Platform: Unlike conventional lenders who operate using an online lending platform, UnityLoan is a fully regulated and trusted website that operates using a secure and encrypted payment system. This means that you are able to have complete confidence in the platform’s security features and therefore have complete control over your personal information while taking advantage of the low interest it offers.
How to Apply for a Loan at UnityLoan
Fill Out an Application
Fill out a form with your name, age, and financial details such as your income. Now simply submit the form.
A sizable panel of lenders will receive your request and evaluate it. Lenders who approve your application will accept your request and make you an offer.
Take Up the Offer
Compare the offers’ terms, interest rates, and other costs. Choose the best offer, accept it, and sign the contract.
Once you accept the quote, money will be transferred to your bank account on the same day or the following business day.
Be it for helping people in need or simply by providing a service that is both convenient and affordable, UnityLoan has been able to redefine online lending. Credit history is no longer an issue for anyone who can apply for a loan from UnityLoan, as the site does not ask for any type of credit report or verification to assess your ability to receive a loan.
With a multitude of benefits and low interest rates, UnityLoan is a great option for anybody who may not have the best financial history or credit score. This gives you an opportunity to receive the cash that you need to get by, in an easy and affordable way.