Direct Loan companies


Fast track home loans brisbane

Money can’t buy happiness, but not having enough for unexpected expenses can cause more than just stress. There are thousands of scenarios when unexpected costs cannot be put off. Many people will need some form of financial help and may go online for answers. Payday Loans, Installment Loans or Lines of Credit are all options that can help to alleviate the stress of short-term financial problems.

These products are available from Online Direct Lenders (sometimes known as a payday loans direct lender). Typically the process involves completing an online loan application, then in as little as one business day you can get access to your money.

However, not all lenders you visit online are direct lenders. You may find you are applying with a loan matching service, who will often shop your application to a few third party lenders that accept your loan application.

What are Online Direct Lenders?

Online direct lenders are companies that both receive your online loan application and fund your loan. Reputable online direct lenders are state licensed which means they follow, and are accountable, for all the lending rules and regulations set out by each specific state.

Benefits of applying for a loan from an online direct lender:

  • Direct payday lenders will mention all the types of available loans (Payday Loan, Installment Loan or Line of Credit) and clearly explain all cash advance rates and terms.
  • Working with a payday loan direct lender will give you more control over your personal information:
  • Unlike filling out a loan application with a loan matching service, a direct lender will not shop your information around to various companies. They will review your information, determine if you are an appropriate candidate and if you qualify, fund your loan.
  • Direct online loan lenders do not send your information to any other companies without your knowledge and approval.
  • If you prefer to apply for a loan with an online direct lender there are ways to make sure the company is in fact a direct lender and not a loan matching service. The easiest way to find out is to check their website. An online direct lender will mention all of the loan rates and terms. They will also have links that display their state licences, showing they are legally allowed to lend, and follow all regulations within that state.

    Is MoneyKey an Online Direct Lender?

    MoneyKey is a reputable state licensed online direct lender which means we follow all state rules and regulations. All terms, conditions and fees of your cash advance loan are laid out in a clear and concise manner. MoneyKey is an online direct lender in the following states: Delaware, Illinois, Kansas, Maryland, Missouri, South Dakota, Utah, and Virginia.

    MoneyKey offers Single-Pay Loans, Flex-Pay Installment Loans, Substantially Equal Payment Installment Loans and Lines of Credit so you can choose the option that best suits your needs*. You can feel secure knowing that, from start to finish, you will only deal with MoneyKey’s friendly Customer Care Representatives, who are available by phone, email and online chat.

    *Types of loans available vary depending on state of residence.

    Is MoneyKey Affiliated with Other Direct Lenders?

    Yes, MoneyKey is affiliated with other state regulated direct lenders in Ohio and Texas. We are partnered with third party lenders in Ohio and Texas to act as a Credit Services Organization (CSO) and a Credit Access Business (CAB) in these two states, respectively.

    *Types of loans available may vary depending on state of residence.

    Loan Matching Service

    Loan matching services are organizations that accept your loan application information then partner with third party lenders. It is these third party lenders (not the loan matching service) that fund your cash advance. A loan matching service will receive your loan application then pass it along to potentially interested third parties.

    A loan matching service will never dictate the loan terms or repayment schedule of your cash advance. Online loan applications can be filled out on both a loan matching service's website and a direct lender’s website. While the loan applications may look the same, this is where the similarity ends.

    There are pros and cons to using an online loan matching service:

    Pros:

  • A loan matching service will shop your application around in order to find an interested lender, so if you do not qualify (based on state of residence, income, type of loan required etc.) with one direct lender, you may with another.
  • Can save you the time of having to apply with multiple online direct lenders in order to receive a cash advance.
  • Cons:

  • You will have no control over which companies view the personal information you filled out in your loan application.
  • The loan matching service may not match you with the lender that has the type of loan (Payday Loan, Installment Loan or Line of Credit) or repayment fee structure you were looking for.
  • How to spot a loan matching service:

  • They will use words on their website like “lending network” “matching” “connect you with”
  • An online loan matching service does not mention any rates or terms because they do not actually fund your cash advance; they only act as the middle man connecting you with lenders who will then fund the cash advance you need.
  • Interesting facts

    • A payday loan (also called a payday advance) is a small, short-term, loan secured against a customer's next pay check. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Pay day advance loans rely on the consumer having previous...
    • A payday loan (also called a payday advance) is a small, short-term, loan secured against a customer's next pay check. The loans are also sometimes referred to as cash advances, though that term can also refer to cash provided against a prearranged line of credit such as a credit card. Pay day advance loans rely on the consumer having previous...

    Additional information


    San Diego Home Loan Company
    San Diego Home Loan Company
    Payday Loan Companies Help Those Who Are Financially Troubled
    Payday Loan Companies Help Those Who Are Financially Troubled
    loan company commercial
    loan company commercial
    compare student Loan consoLidation companies
    compare student Loan consoLidation companies
    BLDL - Business Loans Direct Lenders
    BLDL - Business Loans Direct Lenders
    bad credit payday loans guaranteed approval direct lenders
    bad credit payday loans guaranteed approval direct lenders
    Payday Loan Reviews | Best Payday Loan Companies Reviews
    Payday Loan Reviews | Best Payday Loan Companies Reviews
    Review of FFELP Loans, Direct Loans, Private Loans, and
    Review of FFELP Loans, Direct Loans, Private Loans, and ...
    Direct Loan Companies Online For Bad Credit
    Direct Loan Companies Online For Bad Credit

    Popular Q&A

    avatar
    What companies offer direct loans.

    Direct loans are not offered by companies, but rather by the United States government. These are low-interest loans given to students through the US Department of Education.

    avatar
    What college loan companies send loans directly to students ? | Yahoo Answers

    A student loan will always go directly to the school. If you have already paid the school all the money that they need, and there is $2000 extra...then the school will write out the check to give to you. Otherwise, the school wants to make sure that they get their money before giving you any back! You could purposefully ask for too much money and receive it in a refund check (usually about 6-7 weeks after the semester starts is when you get the money back). If that isnt soon enough, consider taking out a personal loan...that money will come straight to you, but payments will also start …