Applying for a Loan in New York with OneLoanPlace.com

Life in New York is fast pace, and you need a personal loan company that can move fast too. We build, connect, and service many financial solutions that are defining the way individuals apply for a loan. With today's leaps in technology and the advent of the Internet, you no longer have to drive around the city to to get funded. Unlike going to your local bank, there are no complex rules to qualify or apply for a loan online. Our senior loan representatives will personally guide you through the lending process with the industry's best customer service.

The Big Apple is riddled with distractions and in the same fashion, so is the financial industry. We have filtered out the fakes and unreasonable lending partners by sharing useful and accurate financial information, when. Our system helps to maintain your privacy, while providing an environment that promotes financial education and awareness. Whether you need the money now or later, we'll provide you with lending partners.

Now, the goal here is to improve the lending process, for you in New York; making it more secure, transparent, and efficient. The same personal loan laws apply for both storefronts, and online locations; therefore we aim to offer very competitive options and dedicated financial services. We tell all our customers, as long as you are able to manage the loan repayments you can apply for a loan with the OneLoanPlace.com - business loans are a little different. You can use the money to repair your car, go on a date, pay a bill, and more.

Let us get you connected with a lender by applying through our secured online lending portal.

Benefits for Borrowers in New York

We help you find the best offers available in New York and, if approved, you will get the cash deposited to your bank account in with 1 to 3 days. You're not required to have the best credit score to work with our lending partners. For unsecured personal loan and start up business loan the OneLoanPlace.com provides a quick and secure online application takes less than 5 minutes to complete. Our lending partners offer short term loans and the entire process is easy and secure; cash may deposited directly into your bank account.

Instead of blindly combing the internet hoping to find a lender that may work with New York's lending laws, OneLoanPlace.com will do the heavy lifting for you. Our team is constantly updated on industry-related information so you are placed into a solution that is most beneficial for you. The mission here at OneLoanPlace.com is to be the premiere online lending sources for New York residents, regardless of the credit, income, or financial background. We cater to those looking for a personal loan, business loan, and those who are not even looking for a loan at all. Sometimes a quick review of your credit report from all three bureaus makes the difference between looking for a new job and moving to a new apartment.

Getting loans in New York just got easier and safer! With the proper tools, borrowers just like you, can make better and more informed decisions. We help you save time and money by providing the most accurate information for lending money in New York. Find out the answers to your questions on our FAQs page. We've helped millions of people just like you to get urgently needed funds.

New York Regulations and Laws Regarding Loans

New has many rules when it comes to money and it is sometimes easy to feel confused without knowing the legal limits and standards. While many jurisdictions set statutory limits on interest rates, they are not always enforced. In certain situations borrowers may agree to rates higher than the set limit. Regardless, New York's set interest rate limit is 16 percent. This goes to say that, as a borrower, it is in your best interest to be aware of New York's regulations and make sure your loan has the right repayment terms, fees, and amount applied. For more information, contact us today.

General Interest Rates - New York's interest rate limit is 16%.
Personal Loan Rates & Terms - Most short term loans are prohibited.

2355 Centerville Rd. Box 14348,
Tallahassee, FL 32317
USA

Loan Option disclosure:

Disclaimer: The operator of this website is not a lender and does not make credit decisions. This website offers a service that attempts to connect potential borrowers, with available offers, based on on self reported information. By submitting your information through this site, you consent to having it shared with third parties for the purpose of facilitating your request. All financial products and services are presented without warranty and providing your information on this website does not guarantee an approval with said products or services. Pre-qualified offers are not binding. Terms, conditions, and policies vary by product, service, state, and your particular financial situation. It is the user's responsibility to read all third party disclaimers and restrictions before proceeding.

APR Disclosure: The Annual Percentage Rate is the rate at which your loan accrues interest and is based upon the amount, cost and term of your loan, repayment amounts and timing of payments. Lenders are legally required to show you the APR and other terms of your loan before you execute a loan agreement. Offers on this site have repayment terms from twelve to a maximum of eighty-four months, and an annual percentage rate (APR) ranging from 5.74% to a maximum of 35.99%.

For example, if you took out a $30,000 loan on a 20% interest rate. The total payback would be $36,000 making the yearly interest amount $6,000. The APR is the percentage of interest paid for the entire year plus additional fees and costs.

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.

Advisory: Legitimate lenders will never ask for advance payment. NEVER pay a lender in advance for a loan.

We are partnered with multiple national lending partners and all credit situations are considered.

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 lending partners 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 lending partners 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 lending partners. 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 lending partners 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 lending partners 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.