Sometimes loan become very essential for our daily life. Who knows when and how we need loan, when time is too bad and critical. Imagine you need a very big loan amount but you have bad credit then what happened? May be you won’t take loan from any provider even no one want’s to provide you because of your bad credit. That time you need to find out any loan provider who allow bad credit while provide loan. You can go for some broker but if you want to get the loan by broker but here may be you will face some of problem like interest rate, any kinds of deposit etc. it would be better if you find any direct lender who provide loan. That’s why the article for. Here you can get how to find the direct lender also how to get loan from them.
Well, let’s digging down to know more-
What is the direct lender means-
As we mention before the direct lender better than any broker. Suppose you are looking for a loan provider. No matter if the loan provider is an individual or a company. That case you can found two types of loan provider. One is broker company loan lender and another is direct lender. The broker companies manage the loan amount for you after you apply for the loan. On the other side the direct lender do it direct process. They provide you loan directly without an third party.
Benefit of direct lender-
There are kits of benefit of a direct lender. Here we point out some key features of a direct lender.
- Basically a direct lender would be an individual loan provider who can provide you loan directly without dealing with any third party.
- You can get the loan with a low interest rate from the direct lender. On the other side you contact with a broker then maybe they will take higher interest rate from you for the loan.
- Another benefit of a direct lender is quick loan apply. When you do the deal by a broker then their process would be like- you apply for the loan then they will take your loan apply. After taking the loan application they will review your loan application. By the way, not only you, there are other people are apply for the loan. Who knows what is your serial is. When they done the review process then they forward the application to the loan lender then the loan lender again review your application. Finally when they approve your application they provide a feedback to the broker. Then according to the feedback the broker will contact you. That is a too long process we believe.
Do direct lenders make credit checks?
The question is very tough; actually it depends on the lender types. Sometime s direct lender make a strong credit check, sometimes they not. But in our research if you have a bad credit you have to go for the lender who offer bad credit loan. That means the question’s answer is YES they do.
Here we picked Top 3 companies who offer direct lender bad credit loan-
OKA Park financing best direct lenders for bad credit personal loans-
If you are looking for payday direct lender than the OKA Park financing is more than best for you. You will get the loan on the pay day. The maximum amount you can get $5000 and the minimum amount is $1000. Indeed, according to the pay feature the amount is too good. You can ignore a lot of formalities if you have problem on formalities. From the OKA Park financing you can have the financial amount within 24 hours to your bank account after approval your loan application. That’s great right? For approval, they won’t take too much time. Quick and easy approval is their most key point. If you credit history is not so good, it’s not a big problem to them. You can have your money soon. If you have a bad credit so don’t worry about it. There are no specific requirements to get the loan. The OKA Park financing will offer you the loan from some repeated lender. That means there you won’t face any tried party or they won’t include any third party in this loan. You can get alternative of payday loan from them. That’s why you can tie both of the loans at one time.
24cashtoday best easy approval installment loans for bad credit direct lenders
The 24cashtoday also serve the pay day loan. If you want emergency finding then the 24cashtoday would be right fit for you.
There are some key points to choose the 24cashtoday. The reasons are-
You will the loan amount as unsecured basis. That’s a great point for you if you have bad credit. No one wants to provide unsecured loan amount to a person with bad credit. if you have these kinds of problem then just go for them.
For requirement, you do not have to fill up the all of their requirements. Before apply please check their requirement.
You will have easy and quick application experience from them. You can apply from your home through internet or online.
As same as others they will provide you the money within 24 hours. You will get the money direct to your bank deposit.
The direct lender won’t check your credit and financial activity. That means bad credit is not a problem on there.
To pay off the loan amount you can get good duration. May be you will get 14 to 15 days to pay off the loan amount.
Wizzcash best online payday loans direct lenders only no credit check
This wizzcash is perfect for them who want to pay off the loan amount with a long duration time. First of first, let use tell you the duration time. They will offer you three months loan pay off time. May be you can’t get the loan time from others. The others information are below-
- The pay day loan make you loan experience awesome. You can get easy application process from them.
- They are good for short term loan.
- There are multiple loans you can get from them. The loans are Cash loan, Advance loan and same day loan.
- For the quick loan you can get up to 1000 euro. That’s great right.
- Their loan types are small loan, unsecure loan and instant loan.
Hope the feature is good fit with you.
Finding a good direct lender is not so easy quickly. That’s you can take look at the above three direct lender who can solve you money problem.
Here our recommendation is based on pay off durability. If you want pay the loan for a long time then you can choose wizzcash. On the other side if you don’t have problem of durability then OKA Park financing. But both of the three companies offer Direct lender bad credit loan.