Frequently Asked Questions (FAQ)

What is Lending-Smart.com?

Lending-Smart.com offers a free infomediary service that will attempt to connect you with independent, third party lenders and financial service providers who may secure a personal loan for you. The operator of Lending-Smart.com is neither a lender, nor a broker, agent or representative to any lender and does not make personal loans or credit decisions.

How much can I borrow from a Lender I get connected with?

A personal loan can generally range from $500 to $40,000, depending on the consumer. The loan amount you may be approved for depends upon your individual credit, information provided during the application process, and certain lender specific criteria. Please contact your loan provider directly with any questions you may have regarding your personal loan.

What will my loan terms be?

Only a lender can provide accurate information on your specific loan terms. This is provided to you through documents that contain all rate and fee information regarding the loan being offered to you. It is important that you thoroughly review the rate and fee information provided to you by your lender prior to agreeing to the terms of any loan. If you wish to proceed with the loan process after deciding that the loan terms provided by the lender in the loan contract are acceptable, then you should follow the lenders instruction. Any time before you sign the loan documents, you may withdraw from the loan process.

How long does it take to receive a personal loan offer?

We send out your registration form in real time and depending upon your personal information you may be contacted within minutes by a lender. Once connected with a lender, they will provide you with your loan offer and loan terms, including time periods. We have no control over the loan terms or timing of any loan products offered by lenders who contact you.

What if I have issues paying my Lender back?

Lenders may have different policies regarding late payments. Please ensure that you thoroughly review any late payment disclosures or information detailed in any of the loan documents and loan contract your lender provides before electronically signing. It is important to note that all lenders must abide by applicable federal and state laws and regulations regarding late payment fees. You are encouraged to research and review the applicable laws regarding personal loans and late payments in the state in which you reside.

What are my options if I don't qualify for a Personal Loan?

Lending-Smart.com makes every effort to get your registration to a group of entities providing personal loan products. But we won’t leave you if your registration is not picked up or you do not qualify. We have worked hard to find other third parties who offer other short-term loans to assist consumers with varying types of creditworthiness. So, if your registration is declined or does not get picked up right away, we will let you know and provide you the option to have your registration form sent or directly connect you to a lender or financial service provider that offers other short-term loans. Typically, the majority of consumers connected with lenders who offer loans are only presented with a short-term lending options between $100 - $1,000. These loans may have less favorable rates and shorter terms than personal loans. We encourage you to research the best loan option for your situation.