FAQs - GO EASY LOAN

Frequently Asked Questions

Find answers to commonly asked questions about our loan services.

What is a personal loan?

A personal loan is a form of flexible unsecured lending. This means you don’t need to put up collateral, for example, property assets, to get approved. Whether you need a loan for a car, renovating your home, planning your wedding, or looking to consolidate high-interest debts, medical expenses, etc.. a personal loan with low interest could help you achieve your goals.

What can a personal loan be used for?

Because repayments are the same each month, a personal loan is a great way of funding a whole range of purchases. Some of the most common things our customers take loans for include home improvements, financing a new car, paying for a wedding, leisure activities like a holiday, or consolidating high-interest debts into one more manageable payment.

How do I apply for a personal loan?

Making a personal loan application is simple and should take less than ten minutes to complete:
• Use our online loan calculator to get a quote, providing you with an estimated monthly repayment figure
• Fill out our quick and easy online application form
• If your application is accepted, read and sign your online credit agreement
• Expect the money in your account within two working days

Our online loan application is designed to be simple to use, and we’ll give you an instant lending decision. No paperwork, no hassle.

As part of your loan application, we’ll ask you to tell us your employment details (including annual income), your bank account details, and your address history from the last three years. So please have the information to hand to speed things up.

You can also open a new application by telephone if you’d prefer to speak to one of our loan experts. Just give our team a call on +1-610-234-7292

What is a good APR for a loan?

A good APR for a personal loan would be below the current average interest rate – the lower the better, however, it will all depend on your credit report.

Scoring a ‘good’ rate will depend on several factors such as your credit history, current financial circumstances, and the amount you want to borrow.

What do I need to apply for a loan?

Every lender has their criteria when deciding whether to approve a loan, but most will ask you for the same sort of information. For a personal loan application, you’ll need your employment details, including annual income, your bank account details, and your address history from the last three years.

At Go Easy Loans our criteria also require borrowers to be aged 21 or over. You must be a permanent USA resident.

What is an unsecured personal loan?

Unsecured loans allow you to borrow money without putting up collateral, such as your house or car. Our lending decision is entirely based on your circumstances, credit history, and loan amount.

An unsecured loan is therefore much less risky for you as the borrower, as important assets won’t be repossessed should you fail to make your repayments. However, failing to pay back your loan will of course damage your credit score and could make it difficult for you to borrow money in the future.

How do I make payments?

The lender will take your scheduled payment through Direct Debit on or around your due date each month until your agreement is completed. Once the lender has taken your final payment, they will stop requesting the Direct Debit.

Still have a question?

If you have any other queries, feel free to reach out to us. Our knowledgeable team is here to help!

Disclaimer: Go Easy Loans is a coordinating entity that facilitates connections between individuals and lending banks. We act as an intermediary to streamline the loan application process. Please note that Go Easy Loans is not a financial institution and does not provide direct lending services. All loan-related decisions, approvals, and terms are solely determined by the lending banks. We do not guarantee loan approval, and any information provided on our platform is for informational purposes only. Users are advised to carefully review and understand the terms and conditions of any loan agreement before proceeding. Go Easy Loans is not responsible for the actions, policies, or services of the lending banks and shall not be held liable for any issues arising from the loan process. Users are encouraged to seek professional financial advice before making any financial decisions.