How Our Loan Process Works?

Connecting you with multiple lenders without a credit check

Process

How Our Loan Process Works?

Finloanhub works through a straightforward process to compare lenders and offer you the best possible deals.

We match you to the lenders as per your repayment ability and loan requirement. You get access to multiple lenders through just one application. This is why we exist; our customers should get complete satisfaction through our services. For that, we follow a straightforward and fair process to apply and avail funds.

Let us focus on the process below, and you can apply hassle-free with no doubts on all loan solutions.

01.

You need to fill out only one application with basic details. Employment, income proof, bank statement, and address proof are the details we need. Financial information for the latest six months is decisive in finding the lenders. need to provide essential details such as loan amount, term, and purpose. This allows us to offer pre-qualification to match with suitable lenders.

02.

Once you submit the application, we perform a soft credit check to match you with the relevant loan providers. This takes only a few minutes. Your income and current debt-to-income ratio decide your creditworthiness.

03.

Right after assessment, we match you with the loan providers willing to approve your application. At this stage, you receive loan offers from all lenders as per your borrowing needs.

04.

Now, when you have all the lenders and their offers, compare them. Check them all based on interest rate, repayment plans, monthly, and total cost. Always make sure you choose the loan deal as per your repayment ability.

05.

Once you choose a loan offer, you can right away apply to the lender. The application process remains between you and the loan provider. Apply online, and this time, there will be a hard credit check to evaluate your creditworthiness. But the final deal will not be much different from the one you pre-qualified for. Get approval and receive funds in your bank account right after that.

Features that make our
loan matching process efficient

How do we find the most suitable deals for you? Well, the following features make us work efficiently and serve you better.

Transparency on all steps

From your affordability assessment to finding the suitable lenders, our process is transparent.

No pressure to accept offers

We only suggest you loan deals, but never make it obligatory for you to accept them.

One application, multiple lenders

Fill just one application, and we will match you with multiple loan companies.

Tailored loan options

Loan deals we offer you match your individual credit purchase power.

Loans for all credit types

You can apply with a good, fair, or bad credit score. Just make sure you have a provable repayment ability.

Why Borrow through Finloanhub?

After understanding how our loan matching process works, you can feel convinced of the reasons to choose us.

Enquiry Now!