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getlendly com reviews

Review of GetLendly: Is it a good loan option?

getlendly com reviews

A Comprehensive Review of GetLendly: Is it a Good Loan Option?

Introduction:

Finding the right loan option can be a daunting task, especially with the proliferation of online lenders in today�s market. One of the most popular lenders is GetLendly, a San Francisco-based provider of short-term loans. But is GetLendly a good loan option? In this comprehensive review, we�ll explore the pros and cons of GetLendly and provide an overall assessment of the company as a loan provider.

Overview of GetLendly

GetLendly is an online loan provider based in San Francisco, California. The company specializes in providing loans to those with bad or no credit, offering assistance to those who may have difficulty obtaining financing from traditional sources. GetLendly offers short-term loans of up to $4,000 for a period of up to 12 months and can be used for a variety of purposes, from home improvements to debt consolidation.

Pros of GetLendly

One of the major advantages of using GetLendly as a loan provider is the speed and convenience of the process. The company�s streamlined online application makes it easy to submit a loan request and the funds can be available in as little as 24 hours. This makes GetLendly a great option for those who need quick access to cash.

In addition, GetLendly offers competitive interest rates and fees and the company is transparent about its terms and conditions. This makes it easy to compare GetLendly to other loan providers and choose the best option.

Cons of GetLendly

One of the major drawbacks of GetLendly is that the company only offers short-term loans. This means that customers have to repay the loan in a shorter amount of time and the total amount repaid can be significantly higher than with a traditional loan.

In addition, GetLendly only offers loans of up to $4,000, which may not be enough for some borrowers. And since GetLendly is an online lender, there is no physical location to meet with a representative and discuss your options.

GetLendly Interest Rates and Fees

GetLendly offers competitive interest rates and fees compared to other loan providers. The company�s interest rates range from 6.99% to 29.99%, depending on the loan amount and term. There is also a loan origination fee of 1% for all loans.

GetLendly Repayment Options

GetLendly offers several repayment options, including weekly, bi-weekly and monthly payments. The company also offers automatic payments, which can make it easier to stay on top of your payments.

GetLendly Customer Service

GetLendly offers excellent customer service and is available 24/7 for questions and assistance. The company also offers a live chat feature on its website, which makes it easy to get help quickly.

Overall Assessment:

Overall, GetLendly is an excellent loan provider for those who need quick access to cash and don�t mind paying a higher total amount due to the shorter loan term. The company�s competitive interest rates and fees make it a great option compared to other loan providers and its excellent customer service is a major plus.

 
People also ask

The application asks for basic information, such as your name, address and employment history, and Lendly will conduct a hard credit inquiry, which may affect your credit scores.

Overall, Lendly is a legit lender that offers legitimate loans that are backed by a legitimate bank. A huge concern when getting a loan is whether your lender can be trusted and if your information is safe with your lender. Both of these are true with Lendly.

How soon can I get my money? Once an approved applicant finalizes their application and signs their loan documents, funds from CCBank typically are deposited into your banking account the next business day. It may take up to 3 business days, depending on your bank's processing time after the funds are sent.

 
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