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247FastFunds Review 4

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Company Profile
Service
Loan Details
Personal Details Required
Service & Support
States Serviced
Summary
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Company Profile

247FastFunds is a payday & installment loan broker. This means that they don’t actually finance any of the loans, but rather they just help match up borrowers and lenders. The company has been in business since 2012 so they are still a fairly new operation. They operate out of their offices at 1 East Liberty 6th Floor, Reno, NV 89501.


Service

As a loan broker service they can help you by evaluating loan offers from many companies and then showing you the best deals. This is a great way to be able to see what loan options might be out there for you without having to spend excessive amounts of time applying to each one individually.


Loan Details

The following details are examples of what you might see based on typical loans offered by financing companies through 247FastFunds. The exact details of each individual loan will be provided to the client before accepting the loan itself.

  • Loan Amounts – This company can secure loans between $1000 and $5,000 Payday loans (Up to $1K & installment above $1K).
  • Loan Fees – 247FastFunds does not charge any fees for using their service. Most loans can be filled without paying any fees other than the APR, but if there are extra fees they will be displayed by the financing company prior to you agreeing to the loan.
  • Late Penalties – Any late penalties that exist with the financing company will be displayed to you before you accept the loan. 247FastFunds does not have any late penalties.
  • Options to Extend Loan – 247FastFunds does not directly get involved with any extensions or refinances. If you wish to apply for an extension you would have to work directly with the financing company that holds your loan.
  • Length of Time to get Cash – Once you submit your application it will take just a few minutes to get a response letting you know whether or not you’ve been approved. If approved, you can have the money in your account within 24-48 hours after accepting the loan offer.
  • Fax Required – 247FastFunds does not directly require you to fax anything in for the application. Some lenders that they work with, however, may require a fax so keep this in mind while applying.

Personal Details Required

In order to apply for a loan with this company you need to provide a proof of US citizenship, proof of age (over 18), proof that you’ve been employed for 90 days or longer, a working email address, telephone numbers for both home and work, checking account information and proof of income equaling at least $1000 per month (after tax).


Service & Support

247FastFunds does have a good customer service department to help you through the application process. You can work with them via email, toll free phone number or a contact us box on their site. Once you accept a loan, however, you will need to work with the financing company to get any help you need.


States Serviced

247FastFunds accepts customers from most states. The exceptions are New York, Arkansas, Vermont and West Virginia.


Summary

Overall this is a good company to work with. They provide a very straight forward service and don’t charge any fees to their clients. If you’re looking for a payday loan there is really nothing to lose by giving 247FastFunds a chance to find a great option for you.


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Pros

  • Fast Application & Approval
  • No credit check
  • Secure and Safe

Cons

  • Some Financers Require a Fax Machine

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