Frequently Asked Questions (FAQ)

What is PrimaLoans.com?

PrimaLoans.com offers an infomediary service that will attempt to connect you with independent, third party lenders and financial service providers who may secure a personal loan for you. The operator of this website is not a lender, nor a broker, agent or representative to any lender and does not make personal loans or credit decisions. PrimaLoans.com encourages you to thoroughly read and review all terms and conditions, policies, and disclaimers provided on the website.

What is the difference between a personal loan and a payday loan?

A personal loan is an online loan ranging from $500 to $35,000 that can help you fund a large expense without requiring the use of collateral. The exact personal loan amount that a consumer may borrow will depend on the consumer's credit, as well as the state laws and regulations where they reside. Typically, personal loans have a set number of equal payments often due over a longer period of time. Payday loans are typically for lower dollar amounts, have much higher interest rates, and are for shorter terms (usually 30 days).

How much can I borrow?

A personal loan can generally range from $500 to $35,000, depending on the consumer. The loan amount you may be approved for depends upon your individual credit and information provided during the application process. Please contact your loan provider directly with any questions you may have regarding your personal loan.

What will my loan terms be?

If you are connected with a third party lender on our website, the lender will provide you with documents that contain all rate and fee information regarding the loan being offered to you. It is important that you thoroughly review the rate and fee information provided to you by your lender prior to agreeing to the terms of any loan. If you wish to proceed with the loan process after deciding that the loan terms provided by the lender in the loan contract are acceptable, then you may electronically sign the lender's acceptance page and simply wait for your funds. It is important to remember that the loan interest rates, fees, and loan terms are determined solely by your lender. Because PrimaLoans.com is not a lender, we have no control or knowledge of the loan details between you and your lender.

How long does it take to receive a personal loan offer?

Based on the information you affirmatively provide on your personal loan request, PrimaLoans.com may connect you with lenders in our reputable network within minutes if you qualify for a personal loan. If you are connected with a lender directly, they will provide you with your loan offer and loan terms.

What are my options if I don't qualify for a Personal Loan?

In the unfortunate event that you do not qualify for a personal loan, PrimaLoans.com may offer you an opportunity to connect with our network of trusted payday loan lenders at no cost!