Frequently Asked Questions
www.cashpandaloans.com is an online loan introduction service which attempts to introduce your request details with a lender willing to lend to you.
Our mission is to help U.S. residents get the loan they really need. We value our clients and take into consideration all kind of circumstances. Just keep calm and we will do all that we can to get you approved by one of our 100+ lenders. Our aim is to get you back on track with your everyday life stress free.
YES CASH PANDA LOANS IS REALLY A TOTALLY FREE, NO COMMISSION SERVICE TO OUR CUSTOMERS
We will never charge you anything for using our service, no matter what. We get paid by short term direct lenders for introducing them to potential customers.
To get the lenders compete for your loan, you must meet the following basic criteria:
- Clients must be over 18,
- Be a legal U.S. Citizen or a Permanent Resident,
- Have a valid U.S. bank account (that accepts direct deposits), an email account and a working phone.
- Clients must have a regular source of income (earning a minimum of $1,000 a month).
You can borrow between $200 and $3,000
(The sum you can borrow will depend on your circumstances and will differ by lenders.)
Loans are for a period between 1 Month – 3 Years.
There are no real general restrictions on what you can use the money, however the purpose of short term loans are for emergencies and should be used responsibly.
Once your loan request is approved by a lender, and you agree to the lenders terms and conditions, the money could be in your bank account in as quick as within 24 hours² or as much as in a few days. Depending on your banks processing time, funds will be transferred into your checking account as soon as the next business day after approval.
Once your loan is accepted and approved, the money will be transferred securely into your bank account.
This is necessary to confirm the applicant is the owner of the bank account. As well the lender need to know where to deposit the funds and where to take the payment from.
We are sorry but the only way to request a Loan is only via our Supper, Easy Loan Request Form.
If you wish to repay your loan back earlier, please contact your lender directly as you can agree this and may be entitled to a refund of a part of your loan fee.
Yes you can! All and Bad Credit Loans are considered. We have over of 100 Lenders and we any they work with all sort of credit profiles.
Actually, applying and taking a loan, and repaying it in time may improve your credit score. But as well if you will be approved for a loan and wont pay it on time, your credit score can be adversely affected.
Yes, you sure can. We are here to help you. As well we advise and stress all our applicants to read carefully the terms and conditions before signing the loan or anything. If you are unhappy with the offering, you are under no obligation to proceed. Just close the page!
If we are unable to find you the loan amount you requested. We will try to see if any of the lenders is willing to lend you a smaller sum. If you are presented with a loan offer, you will have the option to review the terms of the loan, which you may approve or declined.
Remember, this is a FREE loan quoting service, there is no obligation until after you have agreed to receive a loan from one of our panel of lenders.
The FEES and APR INTEREST RATES you will be charged are provided to you in a written document by the lender after you submit a loan request but before you are requested to digitally sign a loan agreement.
PLEASE READ CARFULLY ALL THE T&C OF THE LOAN BEFORE ACCEPTING ANYTHING.
YOU ARE UNDER NO OBLIGATION TO ACCEPT ANY OFFER BY USING OUR SERVICE.
A personal loan is a fixed term loan that can be used for a range of purposes such as car repairs or home improvements etc. The terms vary from 1-5 years. Rather than repaying this type of loan in one single installment, they are typically repaid over a set number of monthly installments, for the length of the loan.
We won’t but some of the lenders will examine your loan request in different ways. Some lenders simply analyse the loan based on repayment probability, while some may check with fraud prevention and credit reference agencies.
All lenders will run a full credit check before finalising you a loan.
Yes you can, our strong and reliable panel of lenders aim to help customers of all sorts and kind. Rather to only consider your past, your ability for future repayments will be taken into consideration.
We will do at most to find you a solution no matter what are your circumstances.
Usually the loan repayment will be automatically debited from your bank account on the agreed repayment date. Please make sure you have enough funds in your account on the repayment date. These are all made clear in the terms and conditions of the loan agreement when you sign up.
If you have any issues regarding the repayment of your loan, you must contact your lender in the first instance.
They can discuss the ways and options moving forward as well as advice on how to repay your loan.
If you are experiencing financial problems and have mounting debts, we strongly advise you NOT to take any additional loans and to speak with somebody about your situation straight away.
Most lenders apply a late fee for missing the loan payment deadline or asking to skip a payment.
You should review and understand the late payment policy specified in the lender’s loan documents before accepting the loan terms and signing the loan agreement.