Easy Qualify Money is an online marketplace where consumers can connect with lenders to obtain personal loans, including installment loans and payday loans. The company is not a financial institution itself; rather, it matches customers with lenders who can meet their financial needs. Borrowers fill out one short form on Easy Qualify Money, and that form is submitted to a large network of lenders. Easy Qualify Money then connects borrowers with compatible lenders quickly, sometimes as fast as within minutes of the form being submitted.
Most Easy Qualify Money lenders require borrowers to meet the following requirements:
Furthermore, most lenders require their borrowers have the followng:
Easy Qualify Money promises to get consumers the financial help they need quickly. According to its website, the form customers need to fill out to get started takes only minutes to complete. After that, they may be connected with compatible lenders within minutes, with final approval and funding in 24 to 48 hours.
Easy Qualify Money is not a financial institution, but rather an online marketplace that directs consumers to lenders, and it does so for free. Consumers can use Easy Qualify Money to shop around for a lender and loan that suits their needs, quickly and online, rather than taking the time to speak with multiple financial institutions individually. This can help borrowers compare many options at once, saving them time and potentially money, too.
The lenders who work with Easy Qualify Money allow borrowers to have their loans deposited directly into their bank accounts, saving them time and keeping them from having to make a trip to a bank or other financial institution. Borrowers who work with Easy Qualify Money also have the option to have loan payments deducted automatically from their bank accounts, ensuring that they make their payments on time and don’t incur late fees or hurt their credit scores.
Some of the information provided on Easy Qualify Money’s website is inconsistent with information found on other pages. For example, one page of the website says loan amounts range from $100 to $5,000, while another page says most of its lenders can offer between $2,500 and $35,000. That’s a pretty big discrepancy, and the fact that the Easy Qualify Money website contradicts itself hurts its credibility. Additionally, some pages on the website, such as the E-Consent page, don’t work.