Frequent Asked Questions – Online Loans

If you have questions about our loan services, please browse the questions and answers below. If you do not find the answer to your question, please contact us.

Q: I have bad credit, what types of loans are available for me?
A: There are several types of financing options for people with bad credit. These bad credit loans include, payday loans, title loans, bad credit car loans, and bad credit personal loans.

Q: Will I need a co-signer in order to be approved for a loan?
A: It all depends upon your personal financial circumstances and the type of loan you wish to receive. If your credit is bad, you could be required to have a co-signer for a traditional personal loan. On the other hand, if you just need a small loan with no credit checks, you might want to consider payday loans.

Q: How long does it take to apply for a payday loan online?
A: The online payday loan application is very short. If you have all of your information together, you should be able to apply in less than three minutes and your application is processed instantly. Generally our customers have cash in their hands in just hours.

Q: I want to buy a vehicle from a private party, can I obtain financing for this?
A: At this time, we are not able to process loans for private party purchases.

Q: How do I know the online loan application is secure?
A: This applies to every website, not only ours: if the url begins with “https”, the site is secure.

Q: I want to apply for a loan over the phone, how do I do this?
A: Due to privacy concerns, Nations Loan Services, will not process phone applications.

Q: What is the difference between a personal loan and a payday loan?
A: When applying for a payday loan there are no credit checks. Normally when a consumer applies for a personal loan, a credit check is required. Payday loans are normally between $100 – $1500, so if you need more money, you should probably consider a personal loan.

Q: Does Nations Loan Services charge a fee for applying online?
A: No, applying online is FREE. We will never ask you for any type of payment.

Q: How do I get a debt consolidation quote and what is the cost of doing that?
A: An initial debt consolidation quote will cost you nothing. You will need to go to the debt consolidation form to request a free quote.

Q: How much money will I be required to have for a down payment on a car loan?
A: Every circumstance is different. Some people with good or fair credit could be approved for a car loan with zero, or little, down. This is a question that you will discuss with your personal loan officer.

Q: Is Nations Loan Services a nationwide service provider?
A: Yes, we provide loan services in US only. We are not currently able to provide loan services to other countries. Our loan services follow the laws of your particular state.

Q: Will there be limitations on how I use my loan?
A: No, once you are approved for you loan, you can use the funds as you see fit.

Q: When I repay a payday loan, will it be reported to a credit agency?
A: No, because payday loans are short term loans that require no credit, paid loans are not reported either.

Q: Is it possible to get a car loan for a commercial vehicle?
A: Absolutely, commercial vehicle loans are available througout the Nation.

Q: How do I apply for a loan on this website?
A: Simply, click here to apply for payday loans, personal loans, car loans, or get a debt consolidation quote.