Personal Loan FAQ’s

Next-Financing’s Personal Loan Platform

Powered by Credible

Next-Financing’s partnership with Credible provides borrowers with competitive, personalized loan offers from multiple, vetted lenders in real time. We work together to give our clients the best shot at multiple approval options. Below, you will find the answers to a list of frequently asked questions. We hope this provides the answers or information you are seeking in order to proceed with your application.

Use a Next-Financing Personal Loan for a variety of needs – including debt consolidation, home improvement, medical expenses, moving costs, vacations, wedding costs & more. Instant approvals up to 200,000 and APR ranges from 6.99%. No impact to credit score – soft inquiry only – check your rates today.

Next-Financing’s Personal Loan Platform provides borrowers with competitive, personalized loan offers from multiple, vetted lenders in real time.

*One Simple Form – Easy to fill out and your info is protected.

*Get Personalized Rates – Real rates – not ranges from multiple lenders – instantly!

*Choose Your Personal Loan Option – Our expert client success team is here to help if needed.

*Next-Financing is 1 of only 50 National Lender Signatories of The Borrower’s Bill of Rights, which stands for borrower rights & lending ethics.

Find Your Best Personal Loan Option

*Shop For Your Best Personal Loan Option From 17 Competing Lenders.

*Loan Approvals Up To $200,000 & Rates From 6.99% APR.

*Checking Your Rates Won’t Affect Your Credit Score – Get Approved Today!

How It Works – Easy as 1, 2, 3!

1. Apply Online In Seconds: Tell us about yourself and how much you want to borrow ($1,000 – $200,000). We’re not collecting info or an email database – we just need some basic info to help get you approved.

2. Choose The Best Option For YOU: Compare rates, terms, and payments among competing lending partners. If you don’t like your options, don’t proceed with any of them. It’s a risk-free look at your personal funding options.

3. Receive Funds – Get Your Money: Receive new loan proceeds in 1-2 days and enjoy your money! Spend it however you wish and if we can do anything else for you, please let us know.

Next-Financing Personal Loan FAQ’s

How quickly will I receive my funds? Once you’ve completed your loan application, most lenders will fund your loan within one to two business days.

How much can I borrow? How much you can borrow depends largely on your debt-to-income ratio, which is how much of your monthly income goes to paying ongoing obligations like your rent, car payment, or credit card bills. Most lenders also have minimum credit score requirements.

The maximum approval amount varies by lender, but typically fall in the $35,000 to $50,000 range. However, there are lenders on our platform that approve qualified borrowers up to $200,000.

Will checking my rates impact my credit score? Using Next-Financing’s Platform to check your rates doesn’t impact your credit score. Our pre-qualification process uses a soft credit inquiry that allows you to see personalized rates without impacting your credit score.

What happens after I submit my application? If you receive a prequalified offer(s), you will see a dashboard providing the loan options available to you from our partner lenders.

There is no obligation to proceed with any of the options presented on your approval dashboard. If you see an option you like, simply select it and you’ll be prompted to follow the funding instructions.

What is an unsecured Loan? Most personal loans are unsecured, which means it doesn’t require you to provide collateral, such as your home or automobile, to the lender as security for repayment.

How can I get the best rates? Next-Financing’s unique partnership with Credible gives your application maximum exposure to the best lenders & rates in the industry. Every lender has its own methods of evaluating borrowers and determining rates, so it’s a good idea to get rates from more than one lender. Generally, the shorter the loan term, the lower the interest rate. Some lenders even offer an autopay discount if you authorize your monthly loan payments to be directly withdrawn from your bank account.

Can I use my personal loan for debt consolidation? Yes – there are many debt consolidation benefits. For example, they offer lower interest rates than credit cards, so it’s easy to reduce the overall interest you pay if you use a personal loan to consolidate your debt. Many credit cards also carry variable rates, which can cause the amount you pay in interest to fluctuate as rates change. Personal loans, however, typically offer fixed-rates which will keep your monthly payment consistent.

Can I use my personal loan for whatever I want? Yes. You’re not limited in how you can use your personal loan funds. Loans oans can be used to pay down high-interest credit card debt, meet unexpected needs like medical bills, take care of a major expense like a new refrigerator, or fund home improvement projects. Links to other loans offered by Next-Financing are below.

https://next-financing.com/debt-consolidation

https://next-financing.com/homeimprovementfinancing

https://next-financing.com/medicalfinancing

https://next-financing.com/legal-financing

https://next-financing.com/auto-financing

What are some of the most popular reasons for getting a personal loan? Debt Consolidation, Medical Expenses, Home Improvement, Credit Card Re-Financing, Auto Financing, Vacation, Moving Expenses, Education/Tuition, Emergency Situations, Holidays/Birthdays and Other Large Ticket Purchases.