Main opportunities available on 100DayLoans comThe company doesn’t offer to lend costs directly, so it does not include the particular information about the amount of loans, terms, fees and rates. 100DayLoans website works like a matching platform between potential lenders and borrowers to find the best option possible for its customers. Consequently, the amount of funds for borrowing can reach up to $ 1000 with terms not more than 100 days. Annual percentage rate of particular mortgage depends on credit score and income of the customer. The using of platform is absolutely safe, all personal information indicated during application is secured and protected. Before starting searches of the perfect lender, this website will ask you to submit some information including name, email address, average income, financial purposes and so on. After that you wait 90 seconds to get approved – and that’s it, you are already a customer of 100DayLoans.
Pros and cons of the platformPerfect online lender for each borrower is the one that totally corresponds to his needs and fits him better than the others. So that’s why it’s recommended to consider positive and negative sides of lending company before making a final decision. Positive sides:
- free of charge platform;
- competitive rates;
- fast and easy to use platform;
- available for consumers with bad credit history.
- No clear information about conditions of mortgage provided.
- Designed only for short-term credits.
- Late payments are sometimes penalized.
- The amount of lenders is limited.
- Employment and stable income are obligatory.