Help Center

We have collected the most frequentluy asked questions for you.
If you still have questions, feel free to call us +1 (234) 567-8910 or send us an e-mail.

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What is a personal loan?

Personal loans are online loans that can range between $1,000 and $50,000, and can be used for a wide range of expenses including emergencies. How much you can borrow will depend on several factors including your income, and the laws and regulations of your state. Personal loans are also referred to as signature loans or unsecured loans, because collateral is not required for you to obtain funding. Personal loans are a quick and convenient way to get the funding you need in a short amount of time. You can request a personal loan from lavishfinancial.com from anywhere using any device.

Because a signature loan or unsecured loan is not guaranteed by any collateral, they are a higher risk for lenders, and as such, typically have higher interest rates than secured loans.

What are the qualifications?

The qualifications for personal loan funding vary from lender to lender and state to state, depending on lending regulations. However, there are some basic requirements for personal loan funding that you must meet in order to qualify. You must have valid identification, regular income, and a bank account. You do not need to have excellent or good credit to qualify for a personal loan. However, the higher your income, and the better your credit score, the more likely you are to be approved for a personal loan.

When in doubt, you can simply complete our online request form, and get an answer instantly. If you’re approved, you'll be redirected to your lender's website automatically.

How much money can I borrow?

Customers can borrow anywhere from $1,000 to $50,000 using lavishfinancial.com. LavishFinancial is not a direct lender, and cannot determine how much funding you receive. Your loan amount is determined by the lender based on your individual creditworthiness, including income, employment information, as well as other factors. We work directly with personal loan lenders as well as other networks and advertisers across the country to help you with the funds they need, and to provide healthy competition for your business.

If you don’t qualify for a traditional personal loan, we may also offer you short-term credit products up to $1,500, which are best used for emergencies.

How much will it cost?

There are several factors that will determine the ultimate cost associated with obtaining a personal loan. Lavishfinancial.com does not charge a fee to use this website, and does not determine the costs. All the details and terms of your loan will be made available to you by the chosen lenders before you accept the offer. Some of the things that may affect the cost of a loan include the APR, the finance charges, whether the loan is paid on time, state regulations and more. It is important for you to review all of this information very carefully before you accept a loan to ensure you are not surprised with any charges in the future.

What if I have questions about the lender’s proposed terms?

Before you provide your signature and accept a loan, you will be provided with the terms and conditions associated with your loan. If you do not agree with any part of these terms, or if something is unclear to you, we urge you to not accept the loan before contacting the lender for clarification. Lavishfinancial.com cannot provide you with this information, because we are not a direct personal loan lender. After you have received your answer, you can make a decision about whether or not to accept the loan offer. By providing your electronic signature, you are entering into a legally binding agreement and must adhere to the repayment terms set forth by the lender.

How do I request a personal loan?

To request a personal loan with lavishfinancial.com, simply complete our short web form. The only information we request, is information lenders need to make a decision. The form only takes a few minutes to fill out, and is submitted electronically. Once submitted, your loan request is forwarded to our network of many lenders for review. Before choosing a lending offer, visit the lender’s website to read the terms of your loan. After you have agreed to the terms, you will be asked to provide your electronic signature. Once your lender receives your signature, your funds will be deposited into your bank account as soon as the next business day.

How will I repay my loan?

Like the rates and fees associated with your loan, the repayment method will also be established by the lender you choose. In most cases, the lender will automatically withdraw the amount of the loan plus any agreed upon rates and fees from your bank account on a pre-arranged date. You only need to ensure that the required amount of money is available in your bank account on the scheduled repayment date so you don’t incur any late fees. Other payment options are also available per lender. If you are unable to do this, you should contact your lender directly for more information about late payment fees.

What if I am unable to repay my loan?

Lavishfinancial.com strongly suggests that you do not take out a personal loan if you are unsure of your ability to repay that loan. While the lenders within our network cannot press criminal charges against you for failure to repay your loan, you will still be subjected to collection efforts including but not limited to legal action. An inability to repay your loan will undoubtedly result in collection calls, but our lenders are required to follow the Fair Debt Collection guidelines. Keep in mind that interest will continue to accrue on your loan for the entire time that it remains unpaid. Never borrow more money than you can afford to repay, and always ensure that the funds required to repay your loan are available in your bank account on the specified repayment date.

What if I have questions about my loan?

If you should have any questions or concerns about your loan, these should be addressed with your lender directly. Lavishfinancial.com is not a direct lender, and therefore has absolutely no access to your loan information, the amount you are being charged or your repayment history. You should receive direct communication from your lender that includes the telephone number and website at which your lender may be contacted. If for any reason you are dissatisfied with your lender, or believe that you have been treated unfairly in any way, lavishfinancial.com provides links to various government agencies on our website. You are encouraged to speak with these agencies for advice on how to obtain issue resolution.

Why was my request for a personal loan denied?

While lavishfinancial.com has a high success rate when it comes to connecting consumers with personal loan lenders, there are some situations in which you may be denied for a loan. Our lenders cannot provide you with money if you are currently in bankruptcy or if you do not meet the criteria for obtaining a personal loan. If you feel that you have been discriminated against by any lender, or feel that they have refused to loan you money for any reason that is not strictly financial, you can report your lender to the authorities.

Can I request the same lender in the future?

If you have used a lender you found through lavishfinancial.com in the past and would like to use that same lender again, you can do so by visiting that lender’s website. Using the same lender for personal loan funding is a great way to build a strong business relationship, and may help you become eligible for larger loan amounts with lower interest rates in the future. Unfortunately, lavishfinancial.com does not store any information about lenders you have worked with in the past, so if you no longer have the communications from these lenders, we cannot provide you with this information. While you can submit a request for funding online at lavishfinancial.com any time, for free, we ask that you wait 72 hours between requests.

How do I know if I've been approved?

Once you've submitted your request, we'll send your information to our network of lenders to try and connect you with a lender.

If you are connected with a lender, you'll be redirected to their website automatically. If we can't find a lender able to meet your needs, we'll redirect you to additional credit products that may be able to help improve your financial situation. Either way, you'll be redirected toward a trusted partner, whatever your financial circumstances.

Why can't you quote exact rates and terms of my loan?

Lavishfinancial.com is a loan-finding service, not a direct lender. We provide a loan finding service by connecting people looking for loans with lenders. Because we work with many lenders and not just one, we can't provide the exact rates and terms of your loan. Each lender has different policies, and rates and terms. The actual terms of your loan will depend on your employment, income and credit background. Only your lender can provide you with information about your specific loan terms including APR, fees, charges, and repayment period.

To get an idea of general rates and fees for personal loans, please visit our rates and fees page.

If you've already taken out a loan and still have questions about your loan's terms and conditions, please contact your lender directly.

Why do I need to submit my personal information?

Your personal information is needed to connect you to a lender in our network. We understand getting a loan online requires the utmost security, privacy, and online protection. That's why we use 256-bit SSL/TLS encryption. We are dedicated to security and fully committed to keeping your information safe and secure.

See our Privacy Policy and Lending Policy pages to learn more about how we keep your identity safe and secure.

Can I get approved with bad credit?

Yes! We work with lenders specializing in lending to those with less than perfect credit. Unlike traditional lenders that only consider your credit score, our lenders look at additional areas of your finances including time of employment, income, and other factors. The lenders we work with accommodate all types of credit; so past credit issues don’t necessarily stop you from getting a loan.

Are you a direct lender?

We are a loan connecting service, not a direct lender. We submit the information you provide to one or more lenders and attempt to connect you with a lender. Our technologically advanced loan connecting platform offers real-time access to our entire lender network. When you look for a personal loan through direct lenders, each lender requires a separate application and having this many credit inquiries can negatively impact your credit score.

Are personal loans available in my state?

We work with lenders who provide personal loans to consumers in many states. If we can’t connect you with a lender for a personal loan, and instead direct you to an offer for a short-term loan, there are state restrictions in place. Please see your state's laws on short-term lending to see what limitations, if any, exist in your state. We also have a state policy lookup on our rates and fees page for your convenience.

Why wasn't I approved for a loan?

There are instances where our lenders cannot meet a borrower’s needs. Typically, applications are rejected because lenders only work with certain states or income levels. In other cases, significant credit problems can keep a borrower from getting a loan; however, the lenders we work with accommodate all types of credit, so past credit issues don’t necessarily stop you from getting a loan.

Are loan extensions available for my current loan?

Loan renewals and extensions may be offered by your lender; however, they are subject to state laws and your lender’s policies. Only your lender can provide your specific repayment options and details if you can't repay your loan on time. Please note, loan renewals and extensions typically include additional fees.

Will my credit affect my chances of getting a loan?

We work with lenders specializing in lending to those with less than perfect credit. Unlike traditional lenders that only consider your credit score, our lenders look at additional areas of your finances including time of employment, income, and other factors. The lenders we work with accommodate all types of credit; so past credit issues don’t necessarily stop you from getting a loan.

When is the best time to request a loan through lavishfinancial.com?

You can request a loan through lavishfinancial.com anytime! Once you've submitted your information, your loan request will be processed and you'll be notified in real-time if one of our lending partners can meet your needs.

Can I choose to repay my loan in installments or in one lump sum?

Our lending partners offer larger unsecured loans that can be repaid over time. Most people who enter into this type of loan agreement expect to make monthly payments. The terms for your loan depend on a number of factors including state laws, the lender’s guidelines, and applicant qualifications. Ask your lender about details specific to your unsecured loan agreement.

What are the costs for borrowing an unsecured loan?

Unlike secured loans, unsecured loans require no collateral, but you will have to pay higher interest rates depending on your credit. Due to laws and regulations, the cost of borrowing an unsecured loan varies depending on your lender and the state in which you live. Once connected with a lender, your loan agreement will outline any interest rates or fees associated with your loan.

I'm searching for a small dollar loan. Can you help me?

Yes! Although we focus on traditional personal loans at lavishfinancial.com, we also help consumers find temporary borrowing options. Offering the same great referral service, lavishfinancial.com can help you get your ideal small dollar loan in no time at all. Submitting your information online is fast, considering you have your personal and financing information handy, and you get approval decision in minutes.

Our short-term lending partners typically fund small dollar loans in as soon as one business day, so if a financial emergency is forcing you to temporarily borrow money, visit lavishfinancial.com now and get started with your request! Please refer to the Small Dollar Loans section on Rates & Fees page for more information about the basics and your state limitations.

Purple is the
new color of money.