Bad credit unsecured loans are now available nationwide as a result of a recent nationwide expansion from loan facilitator, Loans.net.
Loans.net has grown its reach to the national level and has partnered with a number of lenders to offer bad credit unsecured loans to the American public.
Martina, a spokesperson for Loans.net, said that the company has obtained strategic partnerships across the industry, ensuring that U.S. borrowers and individuals will have access to the best loan options.
"The journey from local to national has been exciting for us. From a robust network of local lenders to a powerful portfolio of national and international lenders, our growth has [been] nothing but encouraging," she said. "Over the course of several months, we have added thousands of lenders offering a wide range of loans. The sheer size of our lender network would help us achieve optimal operational synergies and cut costs when it comes to interest rates. Furthermore, we have several lenders focusing on credit-challenged individuals so there is going to be a higher likelihood of approval irrespective of credit standing."
The move to offer this service to Americans took a major overhaul of their systems to accommodate the influx of borrowing they expect to receive very soon.
"First, we had to overhaul our entire technological infrastructure to be able to accommodate a large volume of lenders. Second, our research team worked tirelessly to shortlist their recommendations based on stringent selection criteria," Martina said. "Finally, we had to move forward with strategic alliances and negotiations. The end result, though, is that we are probably one of the largest lender networks in the entire country. Our network expansion has broadened our reach to practically every state in the USA."
Consumers interested in applying for a bad credit personal loan need only fill out an application that should take no more than 60-seconds to complete. Once the application is complete, a proprietary system will process the information and help lenders generate a response.
Under this new program, approval rate has been 100 percent.
Loans.net currently offers Secured, Unsecured, Payday, Home, Cash Advance, Business, Auto Finance, and Student Aid loans to individuals with varying credit scores.
