A text loan is a small loan that the borrower applies by sending a text message to the lender as the loan request. It falls into the category of unsecured loan and it does not require a guarantor. Most of the borrowers apply for the loans when they are in extreme financial urgency. A loan you apply for by sending a text to your direct lender is known as text loans. These are the convenient loans to take out to fund any short-term expenses.
- You will fill out the application form
- After initial application process, a PIN will be generated.
- You will send a text message with a PIN to your lender.
- You will get funds within a couple of minutes
- Number of inquiries