Is Simple Fast Loans a Legitimate Loan Company?
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Installment loans have been around for a long time and are a popular financial product used by millions of Americans every year. Loans for cars, homes, and education are all examples of larger-scale installment loans that people have come to depend on.
Yet, the versatility of installment loans doesn't end there. In fact, installment loans have been dubbed the "sliced bread" of the financial world due to their flexibility. With fixed monthly payments and clear terms, installment loans fit comfortably within most people's budgets. Additionally, because payments are spread out over a set period, borrowers can easily manage their cash flow and plan for the future.
But what's most exciting is how installment loans have evolved to become a go-to solution for emergency cash needs. In the past, traditional loans were not a viable option for people who needed a quick cash injection to cover unexpected expenses. However, the transformation of installment loans to a product that is easy to manage and easy to apply for really opened up opportunities for borrowers in need.
Now, borrowers can secure the money they need through installment loans, making them ideal for covering medical bills, home repairs, or any other urgent expense. The process of obtaining an installment loan is also easier than ever before. With the rise of online lenders, borrowers can apply for a loan from the comfort of their own homes, without the need for an in-person meeting. Online lenders have made the loan application process quick and simple, often providing same-day approval and funding. However, with so many online lenders, who do you choose?
If you are searching for a trusted financial service provider for your installment loan needs, look no further than Simple Fast Loans! With nationwide recognition and 30 years of experience serving over 4 million satisfied customers, Simple Fast Loans offers online loans in 30 states, up to $3,000 with immediate decisions and next-day funding.
Who Is Simple Fast Loans?
Is Simple Fast Loans legit? Yes, based on customer reviews and its commitment to adhering to strict ethical standards, Simple Fast Loans has proven itself to be a legitimate lender.
Simple Fast Loans specializes in online installment loans, with a modern loan process built for individuals who prefer not to stand in line or drive to a physical location.
You may apply for and get your installment loan from the convenience of your own home thanks to Simple Fast Loans' easy-to-use website. If you seek convenience, simplicity, and dependability when it comes to loans, you can trust Simple Fast Loans to offer a stress-free loan application process, competitive interest rates, and flexible repayment options.
What Exactly Makes Simple Fast Loans Legitimate?
The short answer to this question is that Simple Fast Loans adheres closely to all state and federal lending regulations. The company closely follows the Truth in Lending Act (TILA).
Furthermore, the company discloses any and all fees along with the loan terms for each loan issued. To be simple and plain, Simple Fast Loans strives for maximum transparency.
As stated above, the company strictly researches and stays updated on changing regulations in all the states it serves.
Currently, Simple Fast Loans does business in Alabama, Alaska, Arkansas, Arizona, California, Delaware, Florida, Idaho, Indiana, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Missouri, Mississippi, Montana, Nevada, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming.
For each state listed above, Simple Fast Loans stays abreast of laws and regulations on consumer disclosures, fees, and other loan legalities. In addition, the company website has detailed information on Federal regulations and lending laws for each serviced state.
What Does It Take To Get Approved for a Loan with Simple Fast Loans?
Ok, if you are convinced that Simple Fast Loans is a legitimate lender with excellent customer feedback, you may be wondering what it takes to get approved for an online installment loan from the company. Well, the good news is that getting a loan approved does not take much.
Simple Fast Loans stands out in the industry by prioritizing meeting customers where they are in terms of their credit history. While the company does require a credit check for its installment loans, they take a unique approach by utilizing an alternative credit bureau. This alternative credit bureau considers a comprehensive range of financial factors that often go overlooked by traditional credit bureaus.
By leveraging this alternative credit bureau, Simple Fast Loans can provide a more holistic assessment of your creditworthiness. This approach allows them to consider various aspects such as income stability, employment history, and payment behavior, in addition to the traditional credit score.
As a result, Simple Fast Loans can extend loans to a broader range of customers who may have been turned down by other loan providers solely based on their credit score. This inclusive approach has been instrumental in helping many customers that have faced difficulties securing loans from traditional lenders — this point is evident in the company’s customer satisfaction surveys, see the Simple Fast Loans’ TrustPilot scores.
Bottom line, customers who may have experienced financial setbacks, limited credit history, or lower credit scores still have a chance at obtaining the funds they need from Simple Fast Loans.
This is a game-changer for many Americans struggling to make ends meet. This customer-centric approach sets Simple Fast Loans apart and reinforces its commitment to supporting individuals in achieving their financial goals, regardless of their credit history.
Besides this unique approach to assessing creditworthiness, Simple Fast Loans takes a similarly thorough approach to customer security. To ensure the highest level of protection, the company’s website is equipped with state-of-the-art cyber security measures.
Simple Fast Loans implements the latest security protocols to safeguard all your private information from unauthorized access or misuse. To provide customers with further peace of mind, Simple Fast Loans regularly undergoes thorough security audits conducted by reputable third-party cyber security firms.
These audits validate the company’s commitment to maintaining the integrity of each individual’s personal information.
What About Installment Loan Fees?
During the borrowing experiences, fees are an important touchpoint for Simple Fast Loans customers.
Before disbursing any funds, the company provides full disclosure of all fees and the loan amount, ensuring that you have a clear understanding of the financial terms involved.
In addition to any potential fees, here are the different components of an installment loan:
- Principal: This refers to the actual amount of money you borrow from the lender. It is the sum that you are obligated to repay within the agreed-upon terms.
- Interest: Interest represents the cost of borrowing money.
With Simple Fast Loans, there will never be any hidden fees or costs. The company is committed to transparency and ensures that you have a complete understanding of the financial commitment involved in your loan.
Simple Fast Loans: Over 4 Million Satisfied Customers
In the realm of online lenders, Simple Fast Loans is well-established as a legitimate and dependable financial service provider. Boasting a nationwide reach and a solid track record of serving more than 4 million contented customers for over three decades, Simple Fast Loans is the optimal option to fulfill your installment loan needs.
The company’s online installment loans, available in 30 states, come with prompt decisions and funding as soon as the next day, catering to amounts up to $3,000. Opting for Simple Fast Loans entails reaping the benefits of their vast expertise, esteemed reputation, and unwavering dedication to customer satisfaction.
When confronted with unforeseen expenses like medical bills or home repairs, Simple Fast Loans presents a transparent and trustworthy solution, enabling you to address your financial needs promptly and efficiently.
Read Some Simple Fast Loan Reviews
Simple Fast Loans' customers commonly praise the business for its efficiency. Some customers express gratitude for the quick approval and funding process, particularly highlighting the convenience of the easy-to-use online application. Here are some excerpts:
"I received a loan offer in the mail from Simple Fast and to be honest started to throw it in the trash. But on second thought, I decided to give it a try as I could really use a cash infusion right now. That was yesterday afternoon, and today I have been approved! Process was easy and completely online - never had to speak with a salesman or underwriter. Highly Recommend!"
"MY personal experience: Everything was quick and easy. Hassle free. I used the letter I received in the mail by scanning the code and filling out the information. Within 24 hours I had my loan. It's the holidays and I'm currently disabled, just trying to get by, and this may have saved me. I'm grateful."
"I can't explain how happy I was when I got approved. I needed to pay some bills and get a plane ticket to see my family, I was stressing extremely bad and so worried I wouldn't be able to see them. My credit is nowhere near perfect or good and THEY APPROVED ME!!!!!! They're a true blessing. THANK YOU!!!"
