Payday Loans in Grand Rapids

Shinyloans has a great loan product to offer to the residents of Grand Rapids, Michigan who are in search of easy-to-get online loans. Due to our online platform, the complex process that was required to be approved for getting a loan in the bank offices nearby. Now, the lengthy and tiresome process is replaced with a 10-minute effortless one that is all about filling out an online application form.

The Less Paperwork the Better! No Fax Payday Loans Here!

There is hardly someone who doesn’t complain about the need to collect all the documents required by the traditional loan suppliers in order just to be able to apply. So the first and one of the most pleasant features that will attract the customers’ attention is the absence of paperwork in the process. You will only need to provide an ID card that can also be scanned, and also proof of steady monthly income.

The Simplest Process of Getting a Loan Online

Our platform allows applying from your current physical location 24/7. Obviously, our team has done its best to make our service as comfortable as it can be, in order to help our customers, get the most optimal outcome.

There are four main stages that will lead you to the desired final result. We are going to give them and explain one by one.

Applying for an Advance Loan

The first stage is the actual process of applying for a loan which includes filling out the online application form. First of all, you need to go to the website of the company you want to work with and then find the buttons Apply Now or Get Started and get directed to the page of the request form. These forms may vary from company to company, but most commonly they all are divided into three sections.

• Personal Information-here you need to provide data such as you’re your first and last names, home phone, cell phone number, your city, street address, your email, also zip code, etc.
• Employment Information- your company name, job title, the number of months employed, your income type and sum, also driver’s license number and state for identification, and so on.
• Financial Information- your bank account type (checking, saving), account card number, etc.

Be attentive while applying and make sure you provide only accurate information, otherwise, the lender will not be able to approve your request.

Processing of the Online Application Form

After you have successfully rounded out the application form and submitted it to our platform, the lenders start processing it in order to come up with a final decision. The decision is based on various factors such as your income, your creditworthiness, the amount that you wanted, etc.

Unlike the traditional lenders, who run a hard credit check on your financial history, the payday loan lenders connected with our online platform don’t work that way. This method is beneficial for many customers who have a defective credit history. However, it’s naive to think that there is no credit check at all, and the loan suppliers just rely on the customers’ honesty. In fact, there is a phenomenon called a soft pull (soft credit check) that looks at some basic information about your previous financial affairs and doesn’t go too deep into all the mistakes or defaults in your past. So, the above-described process leads to the final loan decision which is more likely to be positive if you deal with Shinyloans.com.

Funding of the Small Cash Loans

The payday advances are usually funded in one or two days with direct deposit into your bank account.  It’s super convenient as you don’t need to leave your physical location to take the cash you have applied for.

You will be informed about the transfer through your email or the phone number that you have provided in your loan request form. Afterward, you are free to withdraw it anytime you want and use your cash the way you want.

Repayment of Cash Loans

The repayment is also done automatically with the help of your debit card and provided that you have enough cash on your card, it will be withdrawn and your credit line will be successfully finished.