Today, it is very common for Consumers to apply for loans to meet their financial goals, and getting a loan from the bank isn’t easy if you have a poor credit score. That’s why private lenders such as Loan Ridge are here. However, you don’t have to have bad credit to apply for a loan. You take out an unsecured or secured loan even if your credit score is good, or if you’re new to the US and don’t have any credit score yet.
- Secured Personal Loan – To take out a secured loan, you need to add an asset as collateral. Because of the extra security, the collateral will increase your chances of approval and you will likely get a better rate.
- Unsecured Personal Loan – In short, an unsecured loan is one that you repay over time in installments.
At Loan Ridge, our simple loan application process makes it easier for you to obtain a no credit loan fast. We’re here to help you achieve your financial goals, whether business or personal.