An AboveLoans.com Review: A Simple Way to Borrow

Finding a loan can be overwhelming. There are endless lenders out there and it can be confusing to decide who you should go through. More recently lender matching sites have become popular. These sites oftentimes makes the application and comparison process much easier. What about AboveLoans.com?

About AboveLoans.com

AboveLoans helps consumers find loans to match their needs. The company itself doesn’t give out loans and is similar to many other online lender-matching agencies. The main difference between them and, say, LendingTree.com is that AboveLoans tries to make the application process a little easier. In fact, the company’s website quotes a 1-2-3 sign up process. You can apply for up to a $35K loan through the site and if you’re approved your funds will be on their way within a few days.

An AboveLoans.com Review

Compared to other online lender-matching agencies, AboveLoans doesn’t really stand out among other online lenders. The only part that may seem a bit different is the simplicity aspect. Because AboveLoans only gives out smaller amounts ($35K and less) getting a loan can be a pretty swift process but there is more to getting a loan than how quick it happens.

Is AboveLoans.com User-Friendly?

First and foremost, if you are applying for a loan understanding the entire process is extremely important so having the services be user-friendly helps people understand more easily. When you visit the site, AboveLoans.com, you will see that it prompts you instantly to enter the loan amount you are seeking (pictured below). Loans can range from $500 to $35K and you’ll have anywhere from six to 72 months for repayment.

Once you enter the loan amount you are seeking click “get started” and AboveLoans will open your application. The next page prompts you to describe your credit. The drop down box gives you credit ranges to choose from. Next, select the loan reason, enter your name and date of birth.

Click the button stating “Continue to Step 2” and then you can begin your application. The next page has the information you’d normally fill out on a credit application. Here you’ll provide your email address, name, address, employment and salary information as well as your social security number. Once you’ve filled out the application click “submit your request” and you’ll receive word as to whether you’ve been approved within minutes. The best part? You can apply from any device (cell phone included).

Are the Services Safe?

Applying from anywhere sounds great but how secure is AboveLoans.com? AboveLoans isn’t a lender. It is a lender matching site. For example, if you were looking into applying for an auto loan AboveLoans would match you with lenders that meet your specific needs. Essentially AboveLoans presents your information to its network of lenders and they either accept or deny your application.

The entire process is secure but if you’d prefer a group of lenders not have your information you may want to consider using another site. Once you’ve accepted the lender’s terms, etc. funds will be deposited directly into your bank account.

What Can You Use Your Loan On?

Once you’ve reviewed your loan offers (and accepted) you may be wondering what you can use your loan on, which all depends on what kind of loan you applied for. You can apply for each of the following loans through AboveLoans:

Debt Consolidation Loans
Emergency Loans
Auto Repair Loans
Auto Purchase Loans
Moving Loans
Home Improvement Loans
Medical Loans
Business Loans
Vacation Loans
Tax Loans
Rent/Mortgage Loans
Wedding Loans
Major Purchase Loans
General Personal Loans

Overall, AboveLoans.com seems like a great option for people looking to borrow some cash on a short-term (up to 72 month) period. The company provides an easy way to request the cash and is able to get it to you rather quickly. If you are interested in learning more about AboveLoans, visit their website today!

Photos: FNBMV and AboveLoans.com

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James Hendrickson

James Hendrickson is an internet entrepreneur, digital publishing junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.