FAQ

Frequently
Asked Questions (FAQ)

From applying for your first loan to managing
your account online and more, find answers to
frequently asked questions about Western Loan Finance COMPANY

 

1. Why must I register my loan?
Your loan is registered in order for it to be approved for transfer, without the loan registration there is no backing for this transaction
2. Is there any fee for the loan registration?
yes, loan registration usually attract a small fee
3. Is there any collateral required for approval?
No collateral is required for approval but loan must be registered for approval. Western Loan Finance COMPANY are typically unsecured loans. Regular employment is considered as security for the loan.

4. What if I have poor credit history?
Poor credit does not affect your chances while applying for online cash loans. However, very bad credit history with multiple bankruptcies or a currently bankrupt borrower might not be extended a cash loan.
5. How much can I borrow at Western Loan Finance?
State law usually limits the amount of a cash loan from $10,000 to $30,000,000. Depending on your repayment ability and financial condition, the loan amount may increase.
6. How soon will I have to pay back the loan?
Western Loan Finance usually offer short-term and long term loans with a loan term of 50 years max. depending on the pay day of the borrower. The loan term can be extended to 30 days in case the borrower cannot pay within the given time.
7. Is there any credit check for cash advance loans?
No, no credit check is performed for cash loans. No verification of loan history is done.
8.How can I change the due date of my loan and how often can I change it?
You can change the due date by contacting us online or through the phone. You can extend the due date as many times as you wish, but it will carry a penalty in the form of interest rates.
9. How long does the cash loan take to get approved?
Depending on the time of application and how soon you submit the application form and follow all necessary instructions, the loan may get approved within a few minutes. The whole process of applying for and acquiring cash loans online does not take more than 48 hours.
10. Can I reapply for cash loans?
Yes, after repaying the cash loan in full, you can re-apply for a cash
11. How do I know if I qualify?
Qualifying for cash advance loan is simple. You have to be in regular employment and have a regular income. Along with this, you need to have a current valid bank account where we can transfer your money. You must be above 18 years of age to apply.