How Borrowing Works
by Down Payment Lender | February 26, 2009 | In | No Comments
How it works
We have a list of lenders who compete against each other to lend you money. Your application is only seen by the top lender for a decision. Only if that lender can not approve the loan, the application is forwarded to the next best lender in line. This process happens with lightning speed. Because we have access to so many no credit check lenders our approval rates are in the highest bracket in the country.
Application procedures
Our application process is easy and quick. It takes an average of three minutes to complete the loan application. The application starts processing immediately and you get a decision within a minute or two. From start to finish you are looking at the processing only taking five or six minutes.
Once you are approved
Once your application is approved you will be forwarded to the lender who best matched your application. You will receive an offer from that lender and get a copy of the loan terms before you have to decide to agree and accept the loan.
When you do accept the loan, depending on the lender, you could have spendable cash direct deposited to your account in a matter of 2 hours. If your loan is approved but it is past the cut off time for wire transfers you could have to wait until morning to get access to your cash.
Apply Now and Get Approval in 3.5 Minutes!
