It’s simple: enter your desired loan amount and preferred interest rate, answer a few questions…and BLender does the work for you.
Now for the most important part: verifying you can pay back your loan. Out in the world that’s called “credit score”, or your repayment ability rating. We conduct a quick and easy online screening — with no bureaucratic hassles. If you are approved, your loan will be funded, and the funds will be transferred to your bank account.
My loan was funded. What happens now?
The money is now in your bank account for you to use freely. Your payments will be deducted automatically from your account per the agreed-upon schedule. You can check your account to see the status of your loan at any time.
How do I know my monthly payment level?
When you apply for a loan, you will see your expected monthly payment. Once the request has been completed, the amount will be displayed on the “Manage My Loan” page.