Searching for a way to take a good unsecured loan with a reasonable interest rate? Well, your search will be over after reading this article. We will be discussing MyInstantOffer which offers loans at an affordable and reasonable interest rate. You will learn how to get a pre-approved loan through MyInstantOffer after going through this article.
MyInstantOffer also known as the Lending Club is one of America’s biggest peer-to-peer lending companies that specializes in offering unsecured loans ranging from $1000 to $40,000. This company was started in the year 2006 and at one moment in history, it proved to be the biggest peer-to-peer lending platform in the world.
Read further to know more about MyInstantOffer and how to get a loan through it using a pre-approval code.
Who is Eligible for a Loan through MyInstantOffer Lending Club?
Before getting a loan through the MyInstantOffer Lending club, you need to pass the eligibility criteria. Let’s take a look at the eligibility criteria for getting an unsecured loan through the MyInstantOffer Lending club.
- Your credit score should be at least 600 for applying for a loan through MyInstantOffer
- You must have a stable source of income so that you can pay back the amount of the loan along with the interest without any trouble
- You have to be a minimum of 18 years old and should be a citizen of the United States.
- If you are applying for a joint loan then the credit score of one borrower should be a minimum of 600 while another borrower’s score can be a minimum of 540.
How to Create your account on MyInstantOffer Lending Club?
You can create a MyInstantOffer Lending Club account online without any trouble. Just follow the steps mentioned below and your account will be created.
- Open your browser and visit lendingclub.com
- Click on the “sign-in” option present on the top right of the page
- Tap on the link present below the log in fields that says “Don’t have an account yet”
- Select the type of account you want.
- Enter your personal details such as identity proof and residential status.
- Set a login password after giving the details.
- Tap on the “next” button and an e-mail will be sent to you that contains details regarding the verification process.
- Verify your address to authenticate your identity and you will be done.
How to Log into your MyInstantOffer Lending Club Account?
After creating a MyInstantOffer Lending Club account, you can access it whenever you want. You just need to follow the steps mentioned below and you will be able to log into your MyInstantOffer Lending Club account anytime.
- Open your browser and visit lendingclub.com
- Click on the “sign-in” option present on the top right of the page
- Enter the e-mail id you used during the registration process in the first field
- Enter the password you created during the registration process in the second field.
- Tap on the “sign-in” option after filling in the e-mail id and password and you will be done.
How to Get a Pre-approved Loan Through MyInstantOffer?
After logging in, you can either fill in your bank details and become an investor by going through the investment strategies or you can get a loan by tapping on the “borrowers” section. You can also get a pre-approved loan using the pre-approval code. Here’s how you can get a pre-approved loan through MyInstantOffer.
- Open your browser and visit myinstantoffer.com
- Enter the twelve-digit pre-approval code to check the interest rate for your loan
- If you are eligible to pay that interest rate, then click on the “next button”.
- Fill in a few details such as the amount of loan and your credit score
- Select whether you will be applying for yourself or will you take a joint loan.
- Enter your personal information such as Social Security Number, residential address, date of birth, full name, net annual income, and e-mail id.
- Click on the “Continue” button and go through the verification process.
- After filling in the application, go through the loan offers present on MyInstantOffer and select the most suitable one.
- After selecting the offer, you will be done.
When and how will you receive money after applying for a loan?
Getting a loan might take a few days as there are various things to be done. First, your application will go under scrutiny and approval process. Then after approval, the money will be transferred into your account from the investor’s account. This process from approval to transfer might take a few days.
Also Read: Activate Williams-Sonoma Capital One Credit Card
Conclusion
People analyze every option available before taking a personal loan and many have chosen Lending Club. It is one of the biggest peer-to-peer lending companies in the United States and at one time, it was considered to be the best peer-to-peer lending platform all around the world.
We hope that all your queries and doubts about how to create a MyInstantOffer Lending Club account or how to get a pre-approved loan through MyInstantOffer will be solved in this article. Go through this article to know how to apply and get a personal loan through MyInstantOffer Lending Club.
