Quick & Easy Personal Loans for All Types of Credit

We understand that people from all walks of life, at one point or another, face financial hardships. During these financial hardships are when people need the most help in finding a solution to their problem. That’s where we come in. We help consumers find unsecured personal loans even if they have bad credit or been declined by the big banks. There are several types of personal loans, but the type of loan you qualify for depends on your situation, such as residence, income, credit and how quickly you need the money.

Loan Types Available:


Utlity bills high? Loan By Phone has you covered with a payday advance.

Each type of loan has its pros and cons. Please read the description for each loan type below and see which one makes sense for you.

Payday loans are one of the most expensive ways to borrow money. These loans are intended for short-term emergency cash. Qualifying for a payday loan is easy, and it’s one of the reasons why so many people use them. There are no credit checks and the application process is fast. An online application can take less than 5 minutes to fill out, while a trip to the local payday loan store may take 30 minutes to an hour, depending on how far you are from the store and how long the lines are. You can get your money the same day in-store, or overnight if you apply online. We recommend applying online for several reasons.

Installment loans carry lower interest rates, higher loan amounts ($2,000-35,000) and longer repayment terms. However, qualifying for an installment loan may be slightly more difficult than qualifying for a payday loan. For example, an installment loan may require better credit and a higher income compared to a payday loan. The funding speed for installment loans vary from lender to lender, but typically you can get your loan deposited to your bank account in a couple of business days.

Peer-to-peer loans have been around for quite some time, but many people still have not heard of it. Peer-to-peer loans are provided through a handful of peer-to-peer lending platforms. These lending platforms allow you to borrow considerable amounts of money from a group of investors at interest rates that are significantly lower than a payday or installment loan. In order to qualify for a peer-to-peer loan, you will need fair credit or better. Funding for peer-to-peer loans may take a few days to a week, so if you’re looking for an overnight loan, this isn’t it.

Military loans are personal loans that conform to the lending laws set forth by the Military Lending Act of 2006. This law makes it illegal for payday lenders to offer loans to members of the military, as well as providing certain protections and benefits. If you are an active member of the military, you should definitely consider a military loan if you have less than perfect credit.

Tribal loans are offered by Native American tribal lenders and generally carry the highest fees out of all personal loan types. These types of lenders are federally recognized entities, but they do not typically operate according to state laws. For this reason, you may find that tribal lenders often times go beyond the limits of many state laws, and this may include extremely high interest rates and loan amounts that exceed state law limitations. We do not recommend using tribal loans because they are deemed by many to be illegal. However, they are listed here for your reference.

Now that you have a basic understanding of each loan type, you can begin your search for a lender. Be sure to read the fine print and understand the terms of the loan before applying.