How to apply for a loan?
To apply for a personal loan from Access Loans, the borrower needs to follow these simple steps:
Go to the company's website and click on the "Check Your Rates" button;
Enter the state of residence and the referral code, then click on the "Sign Up" button;
Enter an email address and come up with a password;
Enter the confirmation token from the email and click on "Confirm";
Fill in the phone number and enter verification code from SMS;
Select your employer from the list, choose how long you work for this employer;
Enter your name, date of birth, home address, and state of residence;
Fill in the driver's license number and the issuing state, then enter your Social Security Number (SSN);
Provide your home information, such as whether you own or rent a house and how much you spend per month on a mortgage or rent;
Choose the purpose of taking a loan and select the loan amount;
Select the type of bank account: "Checking" or "Savings";
Enter the Routing Transit number and Bank Account number;
Download the bank statement for the last 30 days and click "Save Account";
Upload selfie and other necessary documentation such as utility bills, pay stubs, and driver's license, then choose a suitable loan program;
Click on the "Submit Application" button.
The company will contact you and state its decision on your application. If you are approved, you will have to e-sign the loan agreement.
Requirements
Access Loans considers borrowers with any FICO credit score. A low credit score will simply reduce the number of funds a customer can borrow. To be eligible for financing from Access Loans, the borrower must meet these requirements:
Be over 18 years old
Be employed for at least 1 year
Do not have a recently declared bankruptcy
Be a citizen or permanent resident of the United States.
Application details
The borrower needs to supplement the application by uploading the documentation to receive funds.
To confirm the identity of the borrower, Access Loans will ask them to provide the valid driver's license, passport, state-issued ID, and selfie.
To confirm the income level specified in the application form, the borrower needs to submit the pay stubs and bank statement for the last 30 days.
As proof of address, the borrower can upload utility bills or tax invoice from a local authority.
The average time to receive approval is 1-2 business days.
