Looking for an Unsecured Personal Loan in Georgia?
There’s plenty of loan providers out there. So why is it that none of them are approving you for a loan? While the issue of being denied the money you need to borrow depends on the criteria set by each lender, it all falls down to your credit score. Your past payments to creditors and the amount of money borrowed on each account on your credit history could be lowering your credit score, keeping you from getting that loan. Our Loan Discovery Program takes into consideration the causes and uses of each account to determine how Loans Now can best help you obtain the money you need.
How many lenders did you submit an application to? Five? Ten or more? This is an important question because every one of those loan providers is pulling up a copy of your credit report; each one of those inquiries is negatively affecting your credit score, lowering it little by little. Stop sending out applications. Check your credit score then fill out our simple, 60-second questionnaire. We can find you a solution to your needs, even if your score is as low as 450. You will be able to communicate with a dedicated team member the reasons for your credit score as well as the reason for the loan request — no algorithms are involved here!
Unsecured Loans for People with Bad or No Credit
Bad credit is not a problem with us. Here’s How It Works. We work with lenders who specialize in loans for people with bad or no credit. Regardless of your need for an unsecured personal loan, there are options through us that traditional lenders do not offer and other online services cannot provide. Our network of providers wants to help people in difficult situations, that’s why they are able to do what others don’t. So if you have a need for money fast, but you’ve been rejected before, don’t fill out another application. Allow us to help instead, for any of these reasons (or more):
- If you need to pay for unexpected vehicle repairs
- An emergency visit to the hospital that insurance doesn’t cover
- You may need to pay for an upcoming wedding
- Consolidate your credit card debt into one easy payment (and one interest rate)
- A sudden funeral that you cannot afford on your own
- You may need to move to another city
- Paying for a well-deserved and desperately-needed vacation
Approximately one-third of Americans have bad credit. That is close to 110 million people! All of those people need access to financial help. If every lender is turning you down, then they are denying the 110 million other people with bad credit as well. That is why we are here: to help those no one else will help. An unsecured personal loan from Loans Now can get you the money you need, and get it to you fast.
Georgia’s On Everyone’s Mind
Georgia is home to over 10 million people. It is also home to some of the country’s — and the world’s — biggest companies such as Coca-Cola, UPS, and Home Depot. Its variety of industries keeps it as a major commercial center. As of recent years, the state has become popular with production companies filming hundreds of television episodes (The Walking Dead) and movies (Guardians of the Galaxy 2) in Georgian locations. The revenue from these giants adds billions of dollars to the state economy, and the prospect of working for one of these major corporations or on-set for a major blockbuster, adds to Georgia’s appeal. Unfortunately, it has also increased the cost of living in the state.
The demand for residency in Georgia is causing the supply of housing to dwindle, raising the prices on rent and mortgages. The demand for gasoline has increased with the population, bring fuel prices up as well. With all of these costs going up, it is costing Georgians more to live in the state. Many people are finding themselves in need of a boost to get their finances back on track and give them time to recover from inflation. Using a personal loan, in this case, would be beneficial to residents since it would cover the added expenses and give them a buffer while they develop a strategy to adjust to the higher costs they are faced with.
Georgia Laws and Regulations for Bad Credit Personal Loans
As stated in the Georgia Code §7-4-2, creditors are prohibited from charging an interest rate higher than 16% per annum on loans issued to a consumer, as long as the personal loan does not exceed $3,000. Any loan issued above this dollar amount, up to $250,000, is free from a maximum interest rate but must be agreed upon by both parties in writing. If a loan is provided without a specified interest rate, that rate will automatically be set at 7% if the issue were to be brought before a court.
The Georgia Code also states that any lender found assessing a finance charge higher than the legal limit will forfeit the right to charge interest on the loan. The entirety of any paid interest will be applied to the principal of the loan, and a refund should be issued for anything above the principal amount. In addition to this forfeiture, any lender found charging over 5% per month can be charged with a misdemeanor. This could place a lender in prison for up to a year as well as slapped with a fine of anywhere from $300 to $1,000 for their attempt at taking advantage of Georgia citizens.
Loans Now: Core Policies & Procedures
- Never collect or share sensitive customer information: SSN, DOB, Address.
- Never collect up-front payment to process a customer’s loan application / or fund a loan. Loans Now will NEVER ask you to send us money in any form.
- Introduce customers to our Loan Discovery Process. A one-on-one loan service strategy that fits every customer’s unique needs with the right lender for them
Georgia Personal Loan for Bad Credit Lending Regulator
The Industrial Loan Act has placed the authority to regulate personal loans in the Georgia Department of Insurance. This agency is responsible for the issuance of licenses to lending companies as well monitoring the practices of the lenders.
- Loan Discovery Process
- Credit Scores Reviewed to 450
- 2, 3, 5 & 7 Year Terms
- Loan Amounts $500 - 70K