In the past, people could apply for quick loans online directly by filling in a form or sending a mail to the lender’s address given. The reason why people preferred to do their borrowing from direct lenders was due to the fact that they are given full control over the terms and conditions of their loans and have the flexibility to follow their credit history.
Nowadays, there are more of these direct lenders because the internet has made it possible for more people to take advantage of this service. These are lenders who do not offer their services directly to consumers but provide their services online, which allows them to do their lending faster. When you use a direct lender you only pay them for the amount that you borrow, rather than paying the lender’s board.
So where can you find these direct lenders? There are a number of these online and there are some local lenders as well. A few of the local lenders are discussed below.
Bank of America: This is a trusted name when it comes to lenders. This lender is one of the popular lenders of loans on the internet. It also provides personal loans, car loans, business loans, and mortgage loans. The interest rates on this lender’s loans are competitive so anyone can get good interest rates.
U.S. Bank: This lender has offices in most states in the United States. The bank offers different types of loans such as business credit cards, home improvement loans, payday loans, auto loans, and so on.
Discover it: This lender is a branch of American Express, which is a major credit card company. They provide personal loans and a variety of loans to their customers.
J.P. Morgan Chase: The branch ofChase offers these direct lenders. The aim of these lenders is to ensure that their customers are repaid on time. They offer loans to people who have bad credit and are looking for a fresh start.
PNC: This lender is another well known and trusted direct lender. The fees charged by this lender are competitive and they have a very good reputation. This is because their lending policies are customer-oriented.
Trustmark: This is another of the trusted names when it comes to direct lenders. This lender provides loans to people with poor credit history and to those who have lost their jobs. The interest rates charged by this lender are competitive so if you want to obtain fast finance you should look for a loan through this lender.
Discover it/Discover Credit: Direct lenders who have their offices in New York and other states. Their aim is to provide people with the easiest way to apply for loans. The companies of this lender offer loans such as home improvement loans, personal loans, credit cards, automobile loans, mortgage loans, and so on.
Discover it: This lender also has an office in New York. This lender has a large market share as compared to all the other direct lenders because they have very competitive rates.
Wells Fargo: This lender is also a well-known name when it comes to direct lenders. Its intention is to offer the best possible rates and interest rates. This is because this lender has a piece of good knowledge of the industry and are interested in meeting the needs of its customers.