LoanCleared™ is a platform that does not provide loans or make credit decisions. We are not affiliated with any lenders and do not act as representatives, brokers, or agents for any financial institution. It is important to note that our service is not intended to solicit loan products or constitute a loan offer for any products that may be prohibited by state law. Therefore, if such restrictions apply, our service is void in those areas.
Website Usage Disclaimer
Use of our service on this website does not guarantee a formal offer of credit. When you complete any online process, it does not guarantee that any offer of credit will be made to you. In cases where no lender matching your loan preferences makes an offer of credit, other lending sources within our portfolio will be presented with your details and may potentially make an offer of credit to you.
Advert and Content Disclaimers
Cash Paid in 10 Minutes: Depending on the lender that has offered you credit, which you have accepted, funds transfer times may vary. The time of day and your bank’s clearing times are also factors that influence this process. Funds can typically be received on the same working day, the next working day, or normally within 24 hours of your credit agreement being completed.
No Impact or Harm to Your Credit: Lenders will only complete a soft search when assessing your eligibility for a loan, which will not affect your credit score. If you accept a lender’s loan offer, they may perform a full credit check using the three major credit reporting bureaus: Experian, Equifax, and TransUnion.
Processing Disclaimers
Criteria Check: The criteria check is a preliminary assessment of your application to determine if you meet the minimum requirements to present your full details to a lender or lending partner. This check is designed to ensure that your application meets the basic criteria set by our lending partners. Achieving the minimum criteria means that your application has passed the initial screening and has been deemed eligible to proceed to the next stage. This is not a guarantee of approval, but rather a confirmation that your application has met the basic requirements.
Qualify/Qualified: When completing our online process, you may be informed that your status is qualified. This relates to the information you have supplied to that stage is formatted correctly, and all details entered or selected shall result in the maximum presentations to lenders or lending partners. It does not represent that your application or submitted details have or will be approved for a loan or credit.
Website Disclaimers
Legal Disclaimer: LoanCleared™ connects borrowers with lenders or lending partners and thus the specific terms and conditions of the specific lender or lending partner will apply to any loan a borrower takes out. We are compensated by these lenders or lending partners for connecting you with them, and the compensation received may affect which offer you are presented with. Any display of APR, loan amounts, interest, or other loan details is estimations only, and actual amounts will vary by lender or lending partner and by borrower. Please note that some lenders or lending partners may perform credit checks as part of their credit transaction approval process. The lender or lending partner you connect with may not offer the best possible terms, and borrowers should always compare all available options before making any decisions. In addition, you may be connected with a tribal lender. Tribal lenders’ rates and fees may be higher than state-licensed lenders and are subject to federal and tribal laws, not state laws. THE OWNERS AND OPERATORS OF THIS WEBSITE ARE NOT LENDERS; they do not broker loans and they do not make loans or credit decisions. Nothing on this website is an offer or a solicitation to lend. Any information you submit to this site will be provided to a lender or lending partner. The operator of this website is not an agent, representative, or broker of any lender or lending partner and does not endorse or charge you for any service or product
Loan Amounts, Periods and APR: LoanCleared™ is a platform that does not provide loans or make credit decisions. We are not affiliated with any lenders and do not act as representatives, brokers, or agents for any financial institution. Our participating lenders offer loan amounts ranging from $500 to $15,000. The Annual Percentage Rate (APR) for these loans can range from a minimum of 10.9% to a maximum of 35.9%. The borrowing period for these loans can range from 61 days to 72 months. Although some providers offer rates from 10.9% up to 35.9% APR rates that are of the lower range are only available to certain customers. The repayment terms are for close end loan products, and is not reflective of all loan products offered in our network
Credit Checks: LoanCleared™ will not perform a credit check to use any of our online processes. To assess your creditworthiness and evaluate your eligibility, our lending partners may conduct a soft credit search. If you are approved by a lender for credit, a full credit check using the three major credit reporting bureaus: Experian, Equifax, and TransUnion may be completed.
Late or Missed Payments: Understand that you agree to several clauses if you accept a lender’s terms and conditions. For example, the payment schedule and amount require you to submit a specific amount of money at a particular time of the month, every month until you have repaid your loan. If payment amounts and dates are not made, additional charges are applied to your loan by the lender. Further details shall be included within your lender’s agreement with you. LoanCleared™ only partners with respectable and trustworthy lenders who practice fair and proper collection methods.
Collection Practices: Our lending partners only practice fair, ethical collection tactics. LoanCleared™ has no connection with the collections process at all. Your lender can provide complete details about the process, and we recommend understanding these before you agree to your loan.
State Availability: Every state has its own set of rules and regulations that govern personal loan lenders. Your loan amount, APR, and repayment term will vary based on your credit worthiness, state and lender or lending partner. It is important to note that our service is not intended to solicit loan products or constitute a loan offer for any products that may be prohibited by state law. Therefore, if such restrictions apply, our service is void in those areas.
Financial Implications (Interest & Finance Charges): LoanCleared™ is not a lender, and we cannot predict what fees and interest rates will be applied to any loan you may be offered. Your lender will provide all the necessary information about the associated costs of a loan they wish to offer you. You are responsible for reviewing the loan agreement carefully and accepting the offer only if you agree to all the terms. LoanCleared™ does not charge you for its loan processing service, and you are under no obligation to accept the terms that the lender offers you.