Question:
What are my charges to get started?
Answer:
There are no upfront fees, no set up charges and no hidden costs. Our success is contingent upon your success. So, if we can't help you, we don't charge any fees.
Our fees are earned when we process your application to the lenders. We charge a small amount for each lender to whom we process an application, after we have finished processing your application to the lenders.
Question:
What are the interest rates on my unsecured loans and lines of credit?
Answer:
The lenders make those decisions and we research that for you; the rate depends on variable situations, i.e.: your credit, your debt load, and the amount of money you need to borrow. It has been our experience that most loans fall within the range of Prime plus 1.5% to Prime plus 7.9% on average. This means most clients usually pay about 9.00% to 13.00% APR on their unsecured loan.
Question:
You say on the front page of your website, "No documents required". What if I do have documents to prove my income, can I get more money?
Answer:
Yes! The lenders like seeing documents to confirm your information. The better you look to the lending institutions, the higher the amount of the approval, as long as you meet their other criteria. Having documents does not make up for any credit deficiency or other disqualifying factor. Our expert loan consultants will find the best lenders for your situation and get you the maximum available.
Question:
How long does it take for me to get approved?
Answer:
Your loan gets processed immediately; therefore you should see some results within the first 24 hours (excluding non-banking days), as long as you are responsive to all lender requests. Within 72 hours, usually all applications have decisions.
Question:
What are my payback terms?
Answer:
All lending institutions are different, but most loans terms are from 24-84 months. However, credit lines don't have a real expiration date and can be used over and over again.
Question:
Why can't I do this myself? Why should I pay you to do this for me?
Answer:
You can certainly try to do this yourself. However, with over 2,000 lenders nationwide, it takes an expert to navigate through to the lenders who are most likely to approve you. Most people go straight to their local lender, but that may not be the best choice. How will you know what their requirements are? Will their program fit your needs? Will you even qualify? The professionals at Elite Loan Capital know who is willing to lend and who is tightening up at any given time. It's our experience and knowledge of the system that makes our fees worthwhile. Let the experts do what they do best for you. By going to the right lenders, we minimize wasted credit inquiries, and save you time!
Let Elite Loan Capital do the work and expedite the process for you. Our experts can save you time and money. We will find you the best programs to suit your specific needs. Call us toll-free now at 888-705-5007. Or fill out our More Information request form and one of our consultants will contact you at the time you specify. We look forward to helping you achieve your dreams!
