Unsecured loans are often the only option for consumers who are declined by banks or credit unions. Higher interest rates can lead borrowers into a debt cycle which can seem never ending, but LendUp has a solution.
We value the long term financial well-being of our customers, and we've built all of our loans accordingly.
When you take out a loan with us, you deal with us. There are no third parties involved. This also means that your personal information stays with us, and we encrypt it using bank level security measures.
We are licensed in California, and expanding to other states. We are licensed and operate according to the laws and regulations set forth in each state. With laws governing payday varying from state to state, we understand the difficulty of finding a lender you can trust. We're here to help and grant all of our customers access to our licenses and disclosures.
We have no hidden fees. Our application process is straightforward and we tell you how much your loan will cost you, before you sign your loan agreement. When applying for unsecured loans, it's important to know how much they will cost before finalizing the agreement. We've made it simple and we even sent automated reminders via email and text so you don't have to worry about missing a payment. Better yet, all payments are withdrawn automatically on the dates of your choosing. We only debit your account on the dates you select at loan initiation.
When you need money fast, calling the bank and waiting for funds to post is not an option. We've made it quicker and safer to get the money you need, without the wait.
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral...
In the simplest meaning, asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repaid, the asset is taken. In this sense, a mortgage is an example of an asset-backed loan. More commonly however, the phrase is used to describe lending to business and large corporations using assets not normally used in...
Small loans in the District of Columbia. Hearings before the subcommittee on Judiciary of the Committee on the District of Columbia, House of Representatives, Seventy-first Congress, second session, on H.R. 7628, a bill to license and regulate the business of making loans in sums of $300 or less, secured or unsecured, prescribing the rate of interest and charge therefor and penalities for the violation thereof, and regulating assignments of wages and salaries when given as security for any such
Book (U.S. Govt. print. off.)