About Lender
Like many other installment lenders, Eagle Valley Lending prides itself on its fast, easy, and painless lending process, making it a reliable choice for those in need of installment loans. As a wholly-owned entity of Tonto Apache Growth, which in turn is an instrumentality of the Tonto Apache Tribe, a federally recognized sovereign American Indian tribe, Eagle Valley Lending operates with a level of trustworthiness and commitment to customer service. Their approach to lending is designed to assist individuals in meeting their short-term borrowing needs efficiently, emphasizing the importance of speed and ease in the lending process.
Eagle Valley Lending offers signature and installment loans to residents of numerous states across the United States, including Alabama, California, Delaware, and many others, excluding states like Alaska, Arizona, and Florida, among others. These loans are geared towards covering unexpected expenses, financial emergencies, and time-sensitive purchases. With the capability to process loan applications quickly, often within as little as 24 hours, Eagle Valley Lending strives to meet the urgent financial needs of its customers. For first-time customers, the maximum loan amount is set at $1,200, while returning customers may be eligible for loans up to $1,500, under certain conditions.
To obtain a loan from Eagle Valley Lending, applicants must go through a verification process that includes checking national databases and potentially pulling credit to assess eligibility and the ability to repay. This is part of their commitment to responsible lending and ensuring loans are a suitable short-term financial solution for the borrower. The company acknowledges the importance of protecting both the lender and the borrower by using third-party services to help decide on transaction acceptance. This process may involve the collection and use of bank account information as part of the underwriting and verification stages. Loan applications verified and approved by 2:00pm CT are typically funded as soon as the same business day, showcasing Eagle Valley Lending's commitment to providing timely financial assistance.
Key Features
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Quick and Easy Application Process. Applicants can expect a straightforward, fast, and painless application process, with the possibility of being pre-approved in just a few minutes.
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Wide Range of Service Areas. Eagle Valley Lending offers signature and installment loans to residents in a wide range of states across the United States, although services are not available in all states.
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Rapid Funding. Loan applications that are fully verified and approved by 2:00pm CT could be funded as soon as the same business day, enabling quick access to funds for emergencies or unexpected expenses.
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Flexible Loan Amounts. For first-time customers, the maximum loan amount available is $1,200, while returning customers may qualify for up to $1,500, subject to certain conditions.
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Responsible Lending. The company emphasizes responsible borrowing by ensuring applicants are thoroughly vetted through national databases and credit checks to assess their eligibility and repayment capacity.
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Security and Privacy. Eagle Valley Lending uses third-party services to help ensure the security and privacy of transactions, including the use of cookies or other technologies to identify devices and protect against fraudulent activities.
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Tribal Ownership. Eagle Valley Lending is a wholly-owned entity of Tonto Apache Growth, itself an instrumentality of the Tonto Apache Tribe, a federally recognized sovereign American Indian tribe, adding a level of trust and sovereignty to their operations.
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Customer Service and Support. Applicants can reach out to Eagle Valley Lending for assistance through their customer service, ensuring support is available throughout the loan application process.
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Use of Funds for Various Purposes. The loans provided by Eagle Valley Lending can be used for unexpected expenses, financial emergencies, or time-sensitive purchases, offering flexibility in how the borrowed funds can be utilized.
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Early Repayment Option. Borrowers have the right to pre-pay their loan at any time, providing flexibility and the potential to save on interest costs for those who wish to settle their debts earlier than scheduled.
Pros and Cons
Pros
Cons
Reliability
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Tribal Backing. Eagle Valley Lending is an entity of Tonto Apache Growth, which is a wholly-owned instrumentality of the Tonto Apache Tribe, a federally recognized sovereign American Indian tribe. This tribal affiliation adds a layer of legitimacy and governance to their operations.
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Fast and Efficient Processing. The promise of being able to fund loans as quickly as the same business day for applications verified and approved by 2:00pm CT underscores their efficiency and reliability in delivering timely financial solutions.
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Security Measures for Fraud Prevention. Utilization of third-party services to assess the security of transactions demonstrates Eagle Valley Lending’s commitment to protecting both their operations and their customers from fraudulent activities.
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Customer Support. Availability of customer service for assistance implies a readiness to address customer inquiries and issues, contributing to a reliable user experience.
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Privacy and Data Security. The detailed explanation of how customer information is used, including bank account information for loan processing, indicates a commitment to privacy and data security.
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Acknowledgement of Loan Cost. The candid acknowledgment that their loans are an expensive form of borrowing, intended for short-term financial needs, reflects honesty in their business practices.
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Regulatory Compliance. The mention of licenses and compliance with federal and state laws indicates that Eagle Valley Lending operates within the regulatory frameworks, enhancing its reliability as a lender.
How to Apply for an Eagle Valley Lending?
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Visit the Website. Navigate to Eagle Valley Lending's official website to begin the application process.
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Select Your State. Upon arriving at the website, you'll need to select your state of residence from the dropdown menu. This is crucial as loan availability varies by state.
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Click on "Apply Now". After selecting your state, locate and click on the "Apply Now" button to proceed with your loan application.
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Complete the Application Form. Fill in the application form with the required information. This will include personal details, employment information, financial information, and the loan amount you're applying for.
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Submit the Application. After completing the form, review your information for accuracy and submit your application for processing.
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Wait for Verification. Once submitted, your application will undergo a verification process. Eagle Valley Lending may reach out to you to verify the information provided in your application.
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Loan Approval. If your loan application is approved (approval may occur by 2:00pm CT for same-day funding), you will receive notification of the approval and the terms of your loan.
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Review Loan Terms. Carefully review the terms of the loan, including interest rates, repayment schedule, and any fees associated with the loan.
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Accept the Loan. If you agree to the terms, accept the loan offer. Ensure you understand the commitment and your obligation to repay according to the terms.
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Receive Your Funds. Upon accepting the loan terms, the loan amount will typically be funded as soon as the same or next business day, depending on the time of loan approval and your bank's processing times.
Conditions and Requirements
Conditions
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State Residency. The company does not offer loans to residents of all states, so it's important to check if your state is eligible. You must not reside in AK, AZ, AR, CO, CT, DC, FL, HI, IL, MA, MD, MN, NC, NJ, NY, PA, PR, VT, VA, WV, VI.
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Loan Amounts. For first-time borrowers, the maximum loan amount is $1,200. Returning customers may be eligible for up to $1,500, subject to certain conditions.
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Interest Rate. The APR's can vary based on loan amounts, terms, the borrower's creditworthiness, and other factors determined at the time of application. Eagle Valley Lending emphasizes that their loans are an expensive form of borrowing, intended for short-term financial needs, which suggests that the interest rates might be higher than traditional bank loans.
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Loan Use. Loans are intended for short-term financial needs such as unexpected expenses, financial emergencies, or time-sensitive purchases.
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Repayment. Loans are term installment loans with approximate equal payments. Borrowers have the right to pre-pay at any time. Payment terms range from 3 - 18 months.
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Funding Time. Loan applications fully verified and approved by 2:00pm CT time will typically be funded as soon as the same business day. Funding times are dependent on business days and banking holidays.
Requirements
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Age and Citizenship. You must be a citizen of the United States and be at least 18 years old or older.
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Military Status. You and your immediate family members must not be on active duty military or dependents thereof.
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Income. You must have a proven regular source of income for the past 90 days.
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Application Process. Complete the online application process on the Eagle Valley Lending website, providing all required personal, employment, and financial information.
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Verification. Be prepared to undergo a verification process where Eagle Valley Lending may check applicant information through national databases, including, but not limited to, Clarity and Data X. They may also pull your credit to determine eligibility and repayment capability.
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Bank Account Information. Applicants must provide bank account information that is considered for processing payments against. You must have an open checking account in your name for at least 90 days.
Ways to Receive the Money
Once a loan application is fully verified and approved, typically by 2:00pm CT time, the funds are disbursed as quickly as the same business day. The loan amount is directly deposited into the borrower's checking account that has been open and in the borrower's name for at least 90 days. This direct deposit method ensures a fast, secure, and convenient way for borrowers to receive their funds, allowing them to address their financial needs without unnecessary delays.
Products
Eagle Valley Lending specializes in offering signature and installment loans, designed to meet the short-term financial needs of its borrowers. These products are tailored to assist individuals facing unexpected expenses, financial emergencies, or those requiring fast cash for time-sensitive purchases. With a focus on rapid processing and ease of access, Eagle Valley Lending aims to provide a financial lifeline to those in need, ensuring that the application process can be completed quickly and, if approved, funds can be made available as swiftly as the same business day. The flexibility in loan amounts, ranging from $200 to $1,200 for first-time customers and up to $1,500 for returning customers, underscores their commitment to offering solutions that cater to varying financial needs, subject to certain conditions.
Other Personal Loans
Reasons for Loan Refusal
One of the reasons for loan refusal from Eagle Valley Lending could be due to inadequate income documentation. To be eligible for a loan, applicants must demonstrate a consistent and verifiable source of income for the past 90 days. Failure to provide sufficient evidence of income may result in the denial of the loan application. Additionally, applicants should ensure they meet all other eligibility criteria, including being a United States citizen aged 18 or older, not being on active duty military or dependents thereof, completing the online application process accurately, and providing accurate bank account information meeting the specified requirements.
How to Repay an Eagle Valley Lending?
Repaying an Eagle Valley Lending loan offers flexibility through various payment methods. Borrowers can opt to settle their loan obligations conveniently by selecting from multiple repayment options. These include automated clearing house (ACH) transactions, which allow for seamless electronic transfers from their bank accounts, ensuring timely payments. Alternatively, borrowers can opt for traditional payment methods such as certified checks or cashier's checks, providing further flexibility to accommodate individual preferences and circumstances.
Loans like Eagle Valley Lending
OppLoans
OppLoans is a notable financial service provider that offers consumer loans varying from $500 to $4,000. They expedite the funding process to ensure that approved applicants receive the necessary funds promptly, which is advantageous for those dealing with immediate financial concerns. OppLoans offers adaptable repayment conditions, giving customers the choice between 9, 12, and 18-month loan terms. This adaptability allows borrowers to opt for a repayment plan that matches their financial ability, ensuring a seamless and manageable loan journey.
Rise Credit
RISE Credit is a reliable online lender that provides loans up to $5,000. They have a streamlined application procedure, allowing borrowers to have funds transferred to their accounts as early as the next business day. They present the flexibility of choosing a payment schedule that fits with the financial preferences of the customers, although some state-based restrictions might apply. A notable feature of RISE Credit is its 5-Day Risk-Free Guarantee, which permits borrowers to revoke their loan and return the principal with zero fees or interest within the given period. Additionally, RISE Credit grants customers complimentary access to their credit score and credit monitoring alerts through Credit Score Plus, offering valuable financial insight.
OneMain Financial
OneMain Financial stands as a distinguished and enduring lender, offering personal loans that range between $1,500 to $20,000. Boasting a century’s worth of experience in the financial sector, they have garnered the trust of a vast customer base. Their loan terms include fixed rates and fixed payments, offering a predictable and manageable repayment scenario to borrowers. OneMain Financial emphasizes personalized service, ensuring that the distinct needs of each customer are addressed. With a widespread network of approximately 1,400 branches, they provide easy access and convenience for individuals in search of financial aid.
Universal Credit
Universal Credit requires applicants to have a minimum credit score of 560, thus excluding those with no credit history. It is appealing for its credit-enhancement features, making it suitable for individuals with fair or poor credit looking to better their scores. Providing larger loan amounts than Oportun and next-day funding upon approval, it emerges as a solid choice for significant, urgent financial needs. Universal Credit extends its loan services across all 50 states and Washington, D.C., offering a wide geographical coverage.
Editorial Opinion
Important
How to Choose a Lender
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Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.
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Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.
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Carefully review all the terms and conditions of your payday loan contract.
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Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.
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Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.
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Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.
Additional Resources
- Full Eagle Valley Lending Account Review
- How to Apply for Eagle Valley Lending Loan
- How to PayOff Eagle Valley Lending Loan
- Eagle Valley Lending Customer Reviews
- All Eagle Valley Lending Coupons and Promo for September 2024
