We have helped thousands of people answer their financial questions quickly and easily. Learn about credit scoring, loan shopping, the refinancing process and more for your business or personal financing today by calling 1-800-MY-MONEY or reading below.

Loan Borrowers’ Frequently Asked Questions and Answers:

What is OneLoanPlace.com and what should I expect?

is a free loan matching company. Our representatives have one mission - to help you - find the money you are looking for and other solutions that may be beneficial to you such as credit enhancement, credit repair, or debt settlement. We have direct connections to multiple national lenders, and we understand their individual program requirements. We help save you time and get the loan you need with less hassle, paperwork, and lower interest rates by avoiding programs you won't qualify for or that have hidden fees. We educate you on your options, so that you can make the best loan decision.

Date Updated: 06/07/2015

I have bad or fair credit, can you help me?

The answer is yes. Depending on your credit score, we have many options available. No matter what your situation, we will recommend a next step and work with you to achieve your goal.

Date Updated: 06/07/2015

Do you have loan programs for people with great or perfect credit?

Yes, and we have lenders looking for applicants with great credit and are willing to lower their interest rates to do business with you.

Date Updated: 06/07/2015

I live outside the U.S., can you help me?

Not currently, but please feel free to apply with us, as we will send you information that might be useful to you in regards to budgeting and finance.

Date Updated: 06/07/2015

What if I don't qualify with the available loan programs?

Even if you don't qualify, our experts will diligently work to help you find a solution.

Date Updated: 06/07/2015

I don't have an email address, is that OK?

Our system and staff will require you to have an email address in order to communicate efficiently with you. Please go to mail.com or yahoo.com and get an email address. It only takes a few minutes and there is no cost, whatsoever.

Date Updated: 06/07/2015

How does the process work?

It begins with you filling out an online loan application. If you fill out the application within business hours, you should expect a call or email response within two hours or less.

Date Updated: 06/07/2015

How secure is your system?

is extremely important to us. We take every precaution to guard any personal information. We don't store social security numbers or dates of birth. Remember this because it's important. WE WILL NEVER ASK YOU FOR MONEY, EVER. This is important as there are many criminals out there and they like to take advantage of people when they are in need. We, on the other hand, are working for you and your financial success.

Date Updated: 06/07/2015

Where do I begin?

Just click here and fill out our short application. Our system will connect you with the best available options for your specific situation, and we will follow up to make sure you got the help you were looking for.

Date Updated: 06/07/2015

I have a question that wasn't answered, who can I ask?

We like new questions, so please go to Hopefully your question is one that others have and we can add it to our

Date Updated: 06/07/2015

Loan Option disclosure:


Our personal loan lenders may offer payment terms from twelve to a maximum of eighty-four months. Our lenders offer annual percentage rate (APR) from 4.79% to a maximum annual percentage rate (APR) of 35.99%. Our lenders DO NOT offer short term or payday loans.

We are not the direct lender. We have lenders in most states and work to connect you with the best available options based on your current situation.


Here is an example of the cost of a loan for a person with an excellent credit profile:
If you take a $10,000 loan for a five year term at 8% interest rate with a 3% origination fee, you would receive $9,700 ($10,000 less the $300 origination fee) and would make sixty monthly payments of approximately $202.76 which equates to an APR of 8.69%. The total cost of the loan would be $12,165.60.


We are partnered with multiple national lenders and all credit situations are considered. Additional information offered below:

APR, INTEREST RATE, and ORIGINATION FEES

An APR shows you the cost of borrowing money on a yearly basis. It can help you quickly compare different loans or credit cards on an apples-to-apples basis. The APR on a personal loan can include both the interest rate and origination fee. The origination fee may also be deducted from your loan proceeds, and there is usually no fee if you do not receive a loan.
The Annual Percentage Rate (APR) is the rate at which your loan accrues interest, and is based upon the individual lender's program. All terms and conditions for any loan for which you qualify will be presented before you submit your application. APRs vary from 4.79% to 35.99% for unsecured personal loans.
For example, If the origination fee is deducted and you receive a $6,000 36-month loan at an interest rate of 6.99% with a 2% origination fee of $120.00, you could receive a loan amount of $5,880.00 and make 36 monthly payments of approximately $185.24 at an 8.36% APR. In the case of a $20,000 60-month loan at an interest rate of 7.62% with a 3% origination fee of $600.00, you could receive a loan amount of $19,400.00 and make 60 monthly payments of approximately $401.90 at an 8.91% APR. Your actual monthly payment usually varies based on the APR, loan amount and term selected.

Credit Implications

Our participating lenders may verify your social security number, driver's license number, national ID, or any other state or federal identification, and review your information against national databases to include, but not limited to, Equifax, Transunion, Experian, Teletrack, or DP Bureau to determine credit worthiness, credit standing and/or credit capacity. Some of our participating lenders will not perform credit checks with the three major credit reporting bureaus. When third parties check your credit score, it can lower your credit score. We will make every effort to only present programs that qualify and benefit your situation, and in hopes, help increase your chances of getting a loan with our lenders. Credit checks or consumer reports through alternative providers such as Teletrack or DP Bureau, typically will not affect your credit score. By submitting your registration through this website, you agree to allow participating lenders to verify your information and check your credit as described in their policies and terms.

Implications of Late Payments

Each lender has its own criteria and policy when it comes to late payments. This may include additional fees and interest, and may result in reports to the three major credit reporting bureaus causing your credit score to be lowered. Before you agree to a loan, be sure you have read and understand the implications of making late payments. Also, each state has rules and regulations in place that lenders must follow when assessing fees for late payments.

Implications of Non-Payment & Collection Practices

If you do not make the payments on your loan, you may be responsible for additional fees and interest and collection costs. This may lower your credit score. Lenders are required by federal and state laws to use fair practices in their collection actions for a loan that has not been repaid. Lenders should comply with the following practice:

  • Not contacting you by phone before 8 am or after 9 pm
  • Not harassing you or using abusive language towards you over the phone
  • Not using deception to try to collect money from you
  • Not threatening you with legal action if it is not permitted

We will only allow lenders who are reputable and maintain their reputations actively; however, if you find any behavior that is not professional, or you feel is predatory, we need and want to know immediately. We are your advocate and your experience with us is paramount to the success of our company. We appreciate your trust in us to help you with your loan needs.