Personal Funding - FAQ
What is the process for getting funded?
Each of our clients must be pre-qualified before an application can be submitted for funding. Once the qualifications are met, we will provide you with the links to complete/submit the necessary documentation to apply for funding. Clients are approved within 24-48 hours. Once you're approved, the funding will be direct deposited into your personal checking account in 5-7 business days.
How much can I qualify for and what are the terms?
Funding is determined on a case by case basis, ranging from $10,000 to $400,000.
The rate and terms are determined by the lender. They currently start at 6% interest rate and may be repaid in 3-7 years with no pre-payment penalty.
How do I get started?
That's easy! Just call us at 980-999-1107 or text FUNDING with your name to schedule a free consultation.
What do I need to be pre-qualified?
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W-2 employee with minimum annual income of $30,000
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650 credit score across all 3 bureaus
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3 or more active trade lines
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Credit utilization of 50% or less
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No more than 6 credit inquiries in the last 12 months
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Bankruptcy must be 2 years or older
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No new collections within 12 months
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No late payments in the last 12 months
Are there any upfront costs or application fees for this loan?
There is no application fee. However, there is a Success Fee for funding your loan. This amount is deducted after you have been approved for funds and is tax deductible.