What Is a Loan by Phone?
A loan by phone is an easy way to get approved with just a few simple steps using only your smartphone. You can have your money as fast as possible depending on your eligibility and the direct lender’s requirements. If you need cash fast, this online loan can be a great option without having to fill out paperwork or going through the lengthy application process that the traditional process requires.
Why Applying for Loans over the Phone?
If you need fast funds, applying for cash loans by phone is a great option. But why should you choose this option? Here are some of the benefits. First of all, applying over the phone means that you don’t have to wait for weeks to get approval. This can be very important if you need quick cash for an emergency like paying medical bills or fixing broken appliances in your home. Secondly, applying over the phone is a good choice because it eliminates a lot of paperwork.
Types of Personal Loans over the Phone
Listed below are some of the most common types of loans offered over the phone:
- Getting personal loans is a way to borrow money for various purposes, from buying a car to paying off credit card debt.
- Auto loans provide you with the funds needed to purchase a new or used vehicle.
- Payday loans are short-term cash advances that allow you to borrow money until your next paycheck arrives.
- Car title loans allow you to borrow money by putting up your car or motorcycle as collateral against the loan amount you'll receive from the lender.
Requirements to Obtain Cash by Phone
We aim to provide as much financial assistance as we can for people in need the most when we build iPaydayLoans. We made this reliable online platform accessible through any internet-abled device so that you can get the help you need without leaving your sweet home. If you want to get an instant and easy cash loan through iPaydayLoans over your smartphone, you'll need to meet specific eligibility requirements.
- You must be a United States citizen or permanent resident with valid proof of identity.
- You must be at least 18 years old to apply for cash by phone.
- To qualify for a personal loan online, you will need to provide proof of income, such as pay stubs or bank statements.
Get Cash When You Need It Most
Get StartedCan Someone with Bad Credit Get Approved for a Loan over The Phone?
We understand that a crisis happens, and you may need money quickly. Our lenders will work with you to find a financial option that works best for you. With iPaydayLoans, you can apply for a mobile loan by phone, even with bad credit. To qualify, you will need to meet specific criteria established by each lender. Our direct lenders will conduct a soft check to ensure that your credit score isn't affected.
How Does a Loan by Phone Work?
Loans by phone are convenient to get cash when you need it. You can apply in minutes and receive money by the next business day. Once you submit your information, iPaydayLoans will connect you with a range of lenders. Next, wait for our lenders to contact you. After reviewing their loan terms and making an informed decision, receive funds as soon as the next business day!
 | Why Us | |
|---|---|---|
| How much can I borrow? | $50-$35,000 | No hidden fees or charges |
| I have bad credit. Can I apply? | Yes | Bad credit is considered |
| Over how long can I spread the repayments? | 1-36 months | Fast decisions |
| Are credit checks involved? | Yes | Soft credit checks only |
| Chances of getting approvals | Good | 256-bit encryption protocol |
| How to apply? | Apply online | Easy application |
Is It Safe to Apply for a Loan on a Mobile Device?
The answer is positive. It is safe to submit a loan request from your smartphone. However, you need to exert certain precautions associated with this practice.
- You could be hacked or infected with a virus or malware that could steal your personal information.
- Install apps only from trusted sources to ensure that the app is legitimate.
- Look closely at what permissions it asks for before agreeing to install it onto your device.
FAQs:
How Fast Can I Get My Cash by Phone?
You can receive money the next business day provided that all information and documents are correct. Also, it depends on each lender's specific requirements.
Is a Loan by Phone Right for Me?
Cash by phone loans has high-interest rates, so it’s essential to explore other options first. And since there is no face-to-face customer service, we recommend that you are comfortable with technology before applying for one of these loans.
What are Other Quick Cash Loan Options Available?
Here are some of the other quick loan options that are available.
- Cash advances are a type of payday loan, but they're also a popular choice for many people who need cash quickly.
- An installment loan is similar to a traditional loan in that you repay it in regular installments over time.