Is 0zippyloan a bank?

Is 0zippyloan a bank?

Zippyloan is not a lender or a bank. Instead of directly issuing loans, Zippyloan is a marketplace that connects people with all credit types, including poor credit, to lenders. If your credit isn’t great, a service like Zippyloan may be able to help you find a loan.

How much can you borrow with a zippyloan?

Loans range from $100 to $15,000. Lenders that work with Zippyloan offer loans that range from $100 to $15,000. The exact amount you can borrow will depend on your credit history, income and other factors determined by lenders. Watch out for payday loans. If you’re taking out a small loan, the loan balance may be due as soon as your next payday.

Are short-term loans from zippyloan a good idea?

The short-term loans offered by some of the lenders Zippyloan works with — also called payday loans — aren’t an ideal source of funds because they tend to come with high fees. When you get a payday loan, your repayment is scheduled to coincide with the day your paycheck hits your bank account.

What is the process of applying for a loan with optionzippyloan?

Zippyloan processes your application and offers your loan application to interested lenders in its partner network. After sending your loan request, all you need to do is wait for a lender to contact you with a proposal for a loan offer.

How can zippyloan help you?

If you’re looking for a personal loan, Zippyloan can connect you with lenders offering competitive interest rates on unsecured personal loans for debt consolidation, home improvement or other major expenses. This can be a real benefit if your credit isn’t great or you’re having a hard time finding loans for another reason.

Is zippyloan open 24 hours a day?

The best thing is that Zippyloan accepts loan applications 24 hours a day, 7 days a week. Their network of lenders is open at all times, unlike conventional banks that are only open during business hours. Once you are approved on its site, you will receive instructions on how to finalize your loan with your lender.