Everyone of us has found ourselves in a pinch where we dearly needed a lifesaving dose of extra cash to push us through. However, more often than not, getting that cash fast is a problem as loan procedures are agonizingly long. Now, since you’re here, I’m assuming you’ve been searching for quick loans and come across Zippyloan and were searching for an indepth review of the service.
You’ve come to the right place! So, without further ado, let’s get into the nitty gritty of this Zippylaon.
So what is Zippyloan?
Zippyloan is a lending service that offers customers quick cash based on a few parameters such as their monthly income, credit type and their city’s location. Funds are directly transferred to the customer without any cumbersome middlemen in between, ensuring that the borrower is satisfied. It doesn’t matter if you’ve had bad credit history in the past, Zippyloan caters to all. Everyone has their ups and downs in life, and Zipplyloan ensures that your downs don’t linger on forever. Just a quick overview of the website shows user friendly GUIs laced with easy to understand descriptions of how to avail the quick loan.
The biggest advantage with Zippyloan is that customers can get fast, real time approvals of their loans, so you wouldn’t have to spend much time on the edge of your seat waiting your loan to get approved. It’s a seamless process that works quickly and effectively.
The visit is intuitive as well. On the top right side of the page is the charming “Apply Now” button that brings users to a page where they’re prompted to fill a few forms requiring basic information such as home address, phone number, driver’s license and social security number. The entire process is done online, without contacting any middlemen in between.
One of the best things about Zippyloan is that if you have bad credit, then timely payments on their loans will ensure that your credit score gets improved. As much as $15,000 can be borrowed and you don’t have to worry about repaying it all at once. Instead various schemes can be used to return the money, the most popular being installments where you can take up as much as 60 months to pay. It is a possibility to extend your repayment time, but you will have to communicate directly with the lender.
How it all works
Once the user has submitted an online application, which usually takes around 5 minutes, Zippyloan matches the user profile with prospective lenders. Once a lender agrees to pay, an e-agreement is signed and the money is deposited directly into your bank account the next business day.
So how is Zippyloan different than any other type of loan, say one lent by a bank?
Zippyloan gives customers ‘personal loans’, these do not require any collateral to be placed in exchange of the loan, the only thing really needed is the proof that you have a stable monthly income.
So, whether you’re in a tight situation stuck with a lot of debt, need home repairs, pay your child’s tuition or even take a vacation, Zippyloan ensures that your needs are promptly satisfied and that you’re not too overburdened with repayments.
Some Reasons Why You Might Need These Loans
If you’re a student that just got admitted into a university where they may even have waived off some financial responsibility, but you still cannot pay a semester’s tuition, then Zippyloan can be used to fulfill this need in a timely manner. Getting your schooling completed should always be your number one priority.
Invest in a business
Whether you’re looking to kickstart your business or save a failing one, Zippyloan can help provide the much needed investment. This is perfect for young businessmen looking to find quick money to power their businesses, you will be able to overcome the financial bottlenecks that most youngsters face before plunging into the world of business.
You want to take a vacation to the Bahamas but you don’t have the quick lump sum amount to make it an enjoyable trip. Don’t fret, just hop on board the personal loan scheme and enjoy that much needed break from your regular lifestyle. Do not let your financial conditions limit your need for recreational activities! Well, as long as you know you’re good with managing your financials. You’ll have to return them once you return!
Whether you’re looking to make mortgage payments for your house or just some renovation, personal loans can help streamline the process and you wouldn’t have to miss out on any of your payments.
Medical bills are the heaviest on the pockets, and sometimes hospitals are relentless when it comes to charging you thousands of dollars. When you’re facing financial hurdles these bills really start taking a toll on your psychological well-being, this is when a personal loan can come in to rescue you from the troublesome world of hospital fees.
Consolidate bad credit
Personal loans can also be used to fix bad credit. Provided you make payments on time you can easily consolidate one of the most damaging financial deficits to your name and mend relationships with banks, businesses and even personal relationships.
Believe it or not you can even use personal loans to pay for your weddings, those expensive engagements and honeymoons to exotic places in the world can actually be paid while still having room for other financial obligations
A car – or a gadget
Does a car on the road catches your fancy, but its exorbitant rates discourage you into making the necessary payments? Well, Zippyloan can help you get the car of your dreams. The same applies to boats, bikes and enthusiast-grade electrical equipment such as game consoles.
Credit card repayment
Overusing your credit card means you end up with a large debt and an even larger interest rate, which will take years, sometimes even decades to pay back, one of the most common uses for a personal loan is to provide respite to this debt, the lower interest rates on these personal loans means that you will end up paying them back in a much shorter amount of time.
What about the website’s security?
One of the most important features about Zippyloan is its security. For this purpose, the website ensures that all exchange of data goes through 256-bit data encryption technology, away from prying eyes so that only you have access to your personal data. Most similar websites bail out on the best security features and so usually end up with shoddy results where both the lenders and the borrower end up getting scammed.
Matching buyers with lenders is what they do, and this will not be possible if security ends up being a loose cannon.
What’s the Verdict?
If you’re looking for getting quick cash, then Zippyloan is that service as long as you’re not finicky about instant customer support because they mostly reply via emails.