LendNation (2024)

FAQs

Does LendNation check your credit? ›

At LendNation, we don't solely rely on your credit score to make our approval decision. We also take into consideration factors such as your prior loan payment history, income and employment history.

LendNation offers personal loans in our store locations or online, in certain states. You'll simply fill out an application and once you're pre-approved, we'll let you know. Then, you can decide how you want to receive your cash: through a debit card, check cashing or in your bank account.

LendNation is a small-dollar, short-term lender founded in 1984 and based in Lenexa, Kansas. It is owned by QC Holdings, Inc.

OppLoans is not a tribal lender.

Lenders use your credit score (or credit rating) to decide whether to give you credit or lend you money. Knowing this can help you negotiate better deals, or understand why a lender rejected you.

Does Taking Out a Personal Loan Hurt my Credit Score? Your credit score will take a slight hit when you apply for a loan, as the lender takes a hard look at your credit. However, if you make your payments on time, your credit score should improve.

With direct access to a borrower's checking account, payday lenders can collect from the borrower's income before other lenders or bills are paid. The CFPB found that 80 percent of payday loans are taken out within two weeks of repayment of a previous payday loan.

Apply with LendingUSA

We offer fast credit decisions, so you won't have to wait long to find out your approval status and rate. Once you've filled out your loan documents and we've verified your identity, LendingUSA will deposit the money in your account within one to three business days.

Founded in 2003, Nations Lending has a long history of helping families achieve their dream of homeownership. We take great pride in not just closing a loan, but finding a custom tailored financial solution for each client we interact with.

Is lending Group a real loan company? ›

The Lending Group is a full service Direct Mortgage Lender. We lend on Residential and Commercial Real Estate.

Reach Financial, formerly Liberty Lending, is a financial services and digital lending platform that helps make overcoming debt a reality.

Key Things to Know About a 400 Credit Score

What Borrowing Options Are Available: Most borrowing options are available, except for FHA-backed home loans. The terms of any loan options will not be attractive.

You can borrow money with a 500 credit score, but don't expect great options. Bad credit personal loans will emphasize your income more than your credit score. Securing a loan with a 500 credit score may be challenging, but that doesn't mean every lending door is closed.

Payday loans don't require credit checks. Applicants only need a bank account and the ability to verify their identity and income. Since payday lenders don't check your credit, they're taking a gamble on your promise to repay — as such, they charge high interest rates and fees to offset the risk in case you don't.

Lenders look at your credit score to determine your risk as a borrower. In general, the higher your credit score, the more creditworthy you are and the more likely you are to pay back loans on time. On the flip side, a lower score could mean that you haven't been consistent with paying back loans on time, or at all.

However, we do obtain information from a credit bureau used to validate your personal information. The request for information does not affect your credit score.

When a lender or company requests to review your credit reports after you've applied for credit, it results in a hard inquiry. Hard inquiries usually impact credit scores. Multiple hard inquiries within a certain time period for a home or auto loan are generally counted as one inquiry.