Applying for a Little Lake Lending loan is a simple online process. You start by visiting their website and filling out a form with personal, financial, and employment details. You can apply for loans up to $2,500, and full disclosures of the loan's APR and payment terms are provided in the Loan Agreement. After submitting the necessary information, you will review the terms, and if approved, the funds are deposited into your active checking account.
How to Apply for a Little Lake Lending Loan
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Visit the Website. Go to the official Little Lake Lending website and click on "Apply Online" in the top right corner.
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Select Customer Type. Choose whether you are a returning customer or a new one, and then click "Next."
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Enter Loan Amount. Input the desired loan amount and click "Next."
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Provide Personal Information. Enter details such as your name, date of birth, mobile number, email, Social Security number, and address information. Specify whether your home is rented or owned, along with the period of occupation.
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Confirm US Citizenship and Age. If applicable, uncheck the military service box and confirm you are a US citizen aged 18 or older before proceeding.
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Enter Employment Information. Provide details about your employment, such as status, employer's name, job title, monthly income, and pay dates.
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Enter Bank Details. Add your banking information, including bank name, routing number, account type, and account number, for loan disbursement.
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Review Terms and Conditions. Review the loan's terms and conditions, then click "Next" to submit your application.
Conditions
Loan Amounts. Loans are available for amounts up to $2,500.
APR Disclosure. The Annual Percentage Rate (APR) is fully disclosed in the Loan Agreement.
Payment Terms. Payment terms are clearly outlined in the Loan Agreement, ensuring borrowers understand the repayment schedule and conditions.
Requirements
Regular Income. Applicants must have a steady source of regular income.
Age and Citizenship. You must be at least 18 years old and a U.S. citizen.
Active Checking Account. An active checking account is required for loan disbursement and repayments.
Military Status. Applicants must not be actively serving in the military or be a dependent of someone who is.
Reasons for Rejection
Insufficient Income. If your annual income is below the required minimum, your application may be rejected due to an inability to meet the repayment obligations.
Lack Of Required Documentation. Failure to provide necessary documents, such as a copy of your paycheck stub, can result in your application being denied.
No Bank Account Or Credit Card. Not having a bank account or credit card as an alternative payment method can lead to rejection since it is a mandatory requirement.
Employment Verification Issues. Inaccurate or unverifiable employment information, such as discrepancies in your employer's details or job title, can cause your application to be rejected.
Age Restriction. Applicants under the age of 18 are not eligible for the program, and any application from individuals below this age will be automatically rejected.
