Advantages of LoanNowThis company has a few essential benefits that can become crucial when making a decision:
- LoanNow approves applicants having bad credit scores;
- a customer can monitor his loan payment process;
- the lender removes fees for late money return.
Bad Credit CashIt doesn’t matter what your credit report is because LoanNow accepts even applications from people who can’t show a perfect score. The company focuses on customers who have a poor financial background and wants to give more useful options to them. The confirmation doesn’t make anyone wait for it for too long. Sometimes LoanNow approves applications in no longer period than 5 minutes and the money is received overnight. Here, a customer also has an opportunity to take an installment loan and even reduce it’s cost a little. All you have to do is asking your family members or friends to vouch for you. LoanNow website contains the information telling that it can even lower the loan price to 50 %. That’s great news for customers because many lenders don’t provide such a useful option.
Monitor Your PaymentThis feature is available for people who take extra funds at LoanNow. It’s very convenient because you can see the statement of your payments and track your schedule. This option also gives the chance to be sure that you won’t skip deadlines and return the money in time. Besides, this lender even can propose better conditions for reliable clients who always pay according to set dates or earlier.
Late Money-Return Fee RemovalThis lender may be a real savior for people who can’t cope with tough financial challenges all alone. The LoanNow team understands how hard it is sometimes to get rid of temporary complexities which can grow in permanent ones. It wants to help customers to reduce such a possibility. That’s why this lender can forgive a client late money-return. Some situations don’t let us meet all the deadlines and LoanNow perfectly gets it. Sometimes it doesn’t set fees for late repayments. Besides, people who have an opportunity to give the borrowed sum beforehand are really lucky. This company doesn’t accumulate fees in case a customer wants to return the received amount earlier. Moreover, it’s a chance to get better conditions here and upgrade a credit score. LoanNow offers a few repayment methods and a client can choose any preferable one.
Disadvantages of LoanNowBefore making a decision, you also have to consider disadvantages connected with this lender:
- limited maximum loan amount;
- APR rate can rise up to 229 %;
- it’s unavailable in many states.