Get a Loan Fast!
How much do you need?
For how many months?
- Fast and simple application
- Applying does NOT affect your credit score!
- Bad credit OK
- No credit check
Get Small Personal Loans with Easy Approval with DirecLoanTransfer
DirectLoanTransfer has been offering loan matching services for more than half a decade, helping people in need get loans quickly and efficiently.
Our services are simple—we match you with lenders depending on your needs with the best loan offer, whether it be same-day deposit payday loans or slightly longer medium term title loans that use your vehicle as a collateral.
Whenever you’re in a pinch, you can trust DLT to match you with a loan provider that can help you with funding and give you access to quick cash.
Can I Have Small Loans Online With Bad Credit?
Yes, you can get access to a small bad credit loan ASAP, even with bad credit, because the lenders in our network only perform soft credit checks as opposed to hard ones used in banks. It doesn’t matter if you have low credit as long as you prove your capacity to pay.
We’ve helped a lot of people get cash advances because emergency expenses have sprung up and they needed fast funding, and credit scores were not a factor in them being able to get the funds they required. Whether it was a $100 loan or even a $10,000 one, DLT has got you covered.
Can I Have Small Loans Online With No Credit Check?
Online lenders don’t usually do hard credit checks because they have other means of securing collateral for your loan. Lenders just need to know if you’re at risk of defaulting on the loan you are requesting.
All installment loans and online personal loans will come with some form of a credit check. That’s standard operating procedure for any company offering financial services. Nonetheless, these are soft credit checks and they do not affect your credit score or credit history.
Can I Have Small Loans Online When Unemployed?
Unemployment isn’t a problem if you want to secure a small online loan as long as you can provide proof of your capacity to pay. If you’re retired, employed with a non-traditional business, own your own business, or on benefits, you can still have access to short-term loans.
What’s critical is providing your lender proof that you have at least $1,500 in monthly payments coming in as stable income so that they will allow you to take out a loan.
Can I Have Small Loans Online With Instant Approval?
Yes, you can. There are many loan service providers that offer instant unsecured personal loans for people who need cash in a financial emergency. However, you need to make sure you meet all the requirements in order before you’re granted approval of any sort.
Usually, the process can take between one to a few hours, just make sure you have all your documents in order before you apply for a loan.
Are Small Loans Online a Good Choice for Me?
| Advantages | Disadvantages |
| Easy to Use | Higher interest rates |
| No hard credit checks | Limited in the amount of funding available |
| Credit scores aren’t an issue | Not suitable for larger loans |
| Quick cash release in an emergency | Might carry some hidden fees |
| MInimal requirements | Can be pricey if not paid for on time |
Why Choose DLT for a Small Loan Online
| Large network of lenders | Endless chances of getting a loan | Makes comparing lenders easier than ever |
How Do Small Loans Online Work?
- Enter your details and how much you need on DLT’s online application.
- We match you with an online lender.
- You submit the required documents to the lender.
- It’s processed.
- They send you a text or email regarding your status, and tell you if your money is on the way.
Getting small loans online isn’t a hassle anymore given the number of loan providers available. You can now easily be matched to different providers from one place if you use our services.
Short-term loans have never been this easy!
A payday loan is a financial product that allows access to funds payable on their salary date. The appeal is their immediate release in cases of financial emergencies and a borrower has no access to emergency funds. They also have no need for a great credit score or credit history, just proof of the borrower’s capacity to pay.
Note that payday loans are not secured loans—financial products that require collateral. This way, payday loans generally have higher interest rates and annual percentage rates (APR), but this can be managed as long as the borrower pays their debt on time. As with all loans, make sure you understand the financial instrument that you’re using and read the loan agreement before attaching your signature to it.
Some services offer fast-tracked approval within one business day as long as the borrower submits their complete requirements. It’s rare for the approval duration of small loans online to take more than a couple of days—usually the entire process takes less than 24 hours. There are some lenders who can even offer approval in just a couple of hours.
To apply and take out a loan, you must be of legal age and a legal resident of the United States. Additionally, you must provide proof of identification, residency, and income. No guarantor is required if you meet these criteria.
- Must be at least 18 years old Must be a legal US citizen or green card holder
- Must have a regular source of income of at least $1,500 monthly
- Must have an active checking account
- Must have and provide an active phone number and email address
While the requirements vary from lender to lender, these are the most common criteria to become eligible for a small personal loan online.
DirectLoanTransfer only asks what is necessary to properly and accurately assess your financial needs. All information we ask from our customers includes details that we need to process applications in a legal and secure way.
DLT is not a direct lender—we are a service that connects customers to prospective lenders depending on their characteristics. Now, DLT can connect you with lenders that can provide loan amounts from anywhere from $100 upwards to around $10,000.
Explore our site to check out how we can help you. We have a lot of lenders in our network that offer a varying amount of cash depending on your needs. All you have to do is input your details and we’ll do matching for you, it’s that easy! You can explore the minimum loan amounts to the maximum loan amounts in your area.
Banks perform credit checks because they usually deal with larger funding cases and take on more risk should a loan default occur. Thus, they will most likely do a hard credit check when determining if you qualify for any of their loan packages.
It’s also useful to note that banks are likely to be more reluctant to lend money to borrowers with poor credit and interest rates will be higher as a premium for taking on a significant amount of risk.
Yes, having a bank account with a reputable (or large) bank is one of the factors for increasing your chances of being approved for a loan within our lender network. Plus, having a bank account is convenient for any financial transaction that you make.
A bank account is useful with any loan because it provides a place for you to receive the money quickly. Additionally, it acts as a way of showing the lender your financial responsibility and that you have an option to pay them through a direct transfer.
If your documents are in order and the lender decides to approve you for a small loan, they’ll send you either a text message or an email with the news. Be sure to provide the lender of your choice with a valid email address and a phone number that you personally use.
This process is pretty quick and you’ll know if you’ve passed the requirements in as little as a single business day.
Have an income of at least $1,500 every month and prove that it’s stable with more than just one document. There is also a higher chance of getting a small loan if you don’t have any existing loans, and if you have credit reports available for the lender to check.
Another popular way of increasing your odds is switching to a more prolific bank instead of smaller less known ones. It also helps to maintain your credit card debt, keeping it at a minimum and always paying on time.
Banks and other major financial institutions will do a hard credit check and are more reluctant to lend to people with poor or bad credit. They also specialize in larger funding which require tedious paperwork and might not release money for smaller transactions.
If you’re in a financial emergency, a bank loan might not always be the best solution because they don’t usually offer same-day financing, especially if they do not maintain a good relationship with a client.
Bank loans are not necessarily unattainable, but they serve to fulfill other purposes.
DLT connects you with reputable lenders all over your area and matches you with the one that’s perfect for your needs. This way, you skip the hassle of comparing rates and providers, and have a one-stop-shop to look for a lender that matches your financial needs.
There are many great small loans online providers near you, but the problem is that there are so many to choose from that the process becomes overwhelming. That’s where the DirectLoanTransfer service comes in handy.
It’s usually dependent on your lender; however, most lenders don’t have a prepayment penalty. Always pick the lender that has no prepayment penalty because it offers you an easy way to pay back your loan without incurring additional charges.
Payments could be made via direct debit, credit card, bank/wire transfer, bank deposits, etc. Almost all lenders offer multiple ways to make loan payments. This makes it convenient for anyone to pay back their loans on time to avoid any unnecessary fees that might occur.
In addition, loans that require multiple payments conveniently offer fixed monthly payments that can automatically be withdrawn from your account at each due date. Remember that the loan principal, interest rates, and other fees will all be included in the loan agreement, so you can always refer to that contract for this type of information.