Cashloanbalance.com website is not a lender of loan and does not make cash advances or take credit decisions. This site as such does not influence the lending decision of either the buyer or the lender. The site Cashloanbalance.com acts as an intermediary between the cash borrower and the cash lender. As a customer, you can visit the website and submit your request for cash advances. The site simply forwards our application to the participating lender who can then contact you depending on their terms and conditions. The role of website is simple but at the same time critical enough. There is no other way by which customer will be able to contact multiple lenders at the same time and in such a convenient manner. Another thing to be aware of is that the operator of this website is not an agent or a broker or a representative of the lenders in any sense and as such does not charge you for the services or the offerings they provide to you.
The loan borrowing process
The process of getting the loan through the website Cashloanbalance.com is pretty simple and straightforward. Customers need to visit the website to request the application of loan. They simply need to fill an application form for loan. The form requires only the very basic details of the customers such as the contact details and salary proof. Once the application is filled with correct and relevant details, the customers can click on the submit button. The application form is sent by the website to the participating lenders. There are multiple lenders associated with Cashloanbalance.com. These lenders review and check the application form from the borrower and according to the details filled, the application is pre-approved or rejected. Once the application is pre-approved by a lender, the customer will received a pre-approval code on his email address. He can then enter that code on the website for further processing. In usual practice, lender or a representative from the lender will contact the customer to confirm the contact details and the bank account details and customer will finally receive a confirmation note from the lender. Once the process is completed, customer will get the cash loan amount automatically in his cashing bank account in maximum of 1 business day.
Key Features of the process
The process of loan application through Cashloanbalance.com has few unique and prominent features that set it apart from the other loan lending service providers. Some of the key features of Cashloanbalance.com are as follows
- Paperless process – This process of loan sanctioning is absolutely paperless and does not involve much of the documentation work. Customers need not worry about carrying the documents as the entire process is completed with few clicks on the internet. This eliminates the wastage of material, documents and other paper stuff. All that the user requires is the internet connection to carry out the transactions.
- Low Fees – Customers do not need to worry about the transaction fee they have to pay to the site. The process is absolutely free and the site does not charge any fee from the customer. Even the quote from the lender is available at free of cost. Customers would generally need to pay a nominal fee amount for the loan they are borrowing. The fee along with the principal loan borrowed would need to be returned to the lender at the said time. Apart from the interest that the customer pays over and above the loan, the customer does not pay much of the transaction fee to either the site or the lender.
- No Credit Checks – The process is unique in other terms as well. Unlike the conventional method of getting the loan where the customer has to undergo through a very rigorous credit and background check process, the website Cashloanbalance.com does not require any credit check on the part of the customer. This means that any person even if he has a very bad credit history and has not been able to pay the previous loan in time need not worry when it comes to Cashloanbalance.com. The site or the lenders does not require sound credit history. This has helped thousands of customers with poor financial status avail the loan without any difficulty.
- No Direct deposit – The site and the process do not require any sort of direct deposit amount from the side of the customer. They do not have to deposit any money in the account of the lenders or that of the company. The process is very simple and cheap for the customer. Because of this attractive feature of the site, customers found this site to be the most preferred source of financial services and assistance.
Advantages of the loan borrowing process
Fast and simple process – The loan borrowing process at Cashloanbalance.com is pretty fast and efficient. It does not require any expert technical skills on the part of the customer. Basic knowledge of the internet is sufficient for the user to get the loan. Even filling the form is very simple and an easy process.
Huge money in no time – The site gives the opportunity to the customer to borrow a loan amount of up to $ 1500 in a matter of few seconds. Although not every lender has this maximum limit but depending from lender to lender, the loan amount can vary. Whatever may be the loan amount, in general practice it is kept enough so as to meet the user requirements.
Wide Application – The loan may be useful not only in the medical emergency situations but also in case of emergency car repairs, repayment of rent, paying the utilities bills etc. Customers can apply for the loan for various other types of emergency situations which may creep in without prior intimation or knowledge.
Thus we see that Cashloanbalance.com is one of the most preferred sites which emphasizes on providing financial assistance to millions of customer. Due to its wide benefits and efficient services, it has become the preferred choice of many customers.