Open Loans USA

About Open Loans USA Android App

Get a loan today - from personal loans to unsecured loans in the USA. You can also get bad credit loans from some lenders on the platform. Other lenders include debt consolidation loan companies and loan sharks. Lenders offer their personal loan rates and every type of line of credit. From loans for people with bad credit to online loans in the USA, Open Loans USA connects borrowers and lenders from New York to Chicago to Los Angeles or Boston to Detroit, etc. The idea is to create a very efficient loans marketplace in the United States of America, especially for lenders who wish to offer easy loans online.

Open Loans USA also provides Americans with investment opportunities. A private person in the United States of America with excess cash can use the app as a way to invest. He can lend the money to another American he finds on Open Loans USA and earn an interest. He can secure himself by taking possession of security such as a car or a title deed.

Borrowers in the United States of America can borrow from private persons as well as banks and other financial institutions in the United States of America that they find (or find them on Open Loans USA).
Borrowers can find lenders offering all types of loans. We have lenders offering student loans, we have companies giving out pay day loans. Several banks and financial outfits are offering mortgages and car loans. We have dealers offering appliance loans and even auto loans. Personal loans are similarly available.

If you are a small business looking for a small business loan, Open Loans is the app to use. Sometimes, you have many loans and you want to consolidate you loan. Get a consolidated loan from the many lenders who are offering consolidated loans.

Are you looking for a home equity loan? Check out Open Loans lenders specializing in that field. We also have lenders who focus on cash against all forms of security or even against no security at all.

Lenders using Open Loans are availed many opportunities to earn income from loans given to others. Many businesses and individuals have bad credit and are unable to secure finances from traditional sources of loan. Independent lenders like you are able to offer them a valuable service.

When you lend money, please undertake thorough due diligence on your borrower. Open Loans does not know them and does not offer any guarantee for loan repayments. We never handle your money. The loan agreement is exclusively between the lender and the borrower. Open Loans is not party to their contract.

It is important to make sure that lenders are complying with all the laws in the countries in which they operate. Since Open Loans is a globally used app, this responsibility falls on the user.

The advantages a borrower gets from using Open Loans are many. For example, because of the large number of lenders on the app, the borrower enjoys healthy competition for his business, thereby ensuring that he gets the most affordable credit possible. Affordable credit takes many forms. It can take the form of low interest, low or no qualifications, or even little or no security.

As a rule, borrowers should avoid any lender who requests for an advance fee before a loan is disbursed. This is usually a sign of fraud. Be careful in all your dealings on the app.

Open Loans provides an excellent messaging system where borrowers are able to communicate with lenders (and vice versa) through our confidential messaging system.

Open Loans provides a service for emergency loans, where, for USD 3, we submit your loan application to all the lenders registered on the app. Your loan application is immediately sent to all lenders registered on the app.

There are other forms of loan processing. One is the premium processing where your application is sent to lenders within 36 hours. The other is the standard processing, where your application is listed on the borrowers listing alongside other borrowers.