What is BigDaddy-Loans.com?
We provide you real-time online lender matching services. We have been considered as one of the leading online intermediary sites, and our successful ratings are established based on several factors. They are as follows
- How secured the customer information is going through our system?
- How fast and robust is the site in connecting real-time to the lenders and obtaining instant answer about loan approval?
- The number of lenders available through our system.
- More information coming from the lender to complete the process
- Cash wired to your account next business day
How Do We Help?
Our lenders will reward you in many ways such as - you can save time, energy and get cash as soon as next day through utmost transparency. Our online brokering site can help you in getting suitable cash loans at the earliest. We have a long time experience in helpingcustomers with varied loan options.
How are we different?
It takes at least one or two business days for approval from banks or Credit Unions, but our money lenders can let you know the application status in minutes and provide you with fast cash loans wired to your account next business day.
Different Types of Loans We Provide
Biddaddy-Loans.com is able to match customers and our lenders network with the following types of emergency online cash loans:
How it works?
Customers need to enter the lender's page directly from any of our pages by filling in the details on the application form. As soon as the customer specifies the amount to borrow, BigDaddy-Loans.com sites takes you to a secure full application page on lender network. Once you fill in all the details, the loan application will be reviewed. If approved, the cash advance loan lender processes your information provided and sends the loan agreement for your review, approval and e-signature. Upon completion of that process the cash will be wired directly to your account from the lender as soon as the next business day.
The lenders we work with are prompt in delivering service and will let you know in minutes if your loan has been approved or not. There is a chance that your loan request can get rejected if you do not provide the right details at the entry level of the application form. Westrongly advise our customers to provide the correct details in the online application and also furnish correct paperwork for verification.
The short term loan laws make it mandatory to verify the age, income and residence of the customers. Customers are required to send all the required paperwork online directly to the lender upon getting approved and lender reaching out to you with the agreement details.
3 Simple Steps for Emergency Loans
- Apply via online application in 2 minutes on our website
- Wait for loan approval – Happens Within Minutes
- Cash wired to your account next business day
IMPORTANT: While furnishing details to the lender, you must provide the correct social security number and valid email address. More information will be sent from the lender to complete the process
The lenders recommend broker sites like us who can ensure the safety and security of your personal information. We strongly advise you to check interest rates, information on fees, and hidden charges if any. Usually the cost of loan is the loan amount and the interest fees together, but few additional dollars are often charged for late transactions. However, there are several advantages of online loans.
What You Should Look for After Loan Approval
Once you fill in the online form for free, it only takes the lender a couple of minutes to process you application. If your loan has been approved by the lender, you will receive the loan agreement directly from the lender.
- On the agreement paper you will have theloan amount, loan period, repayment schedule, fee information and the Annual Percentage Rate (APR).
- The terms and conditions of the loans must be clear and simple to understand.
- Customers should be able to see the total cost of the loan repayment amount which usually includes the fees and the interest fee calculated on the base of Annual Percentage Rate (APR).
Advantages of Emergency Cash Loans Online:
- Get an approval of the cash loans in minutes
- Get cash deposited in checking account the next business day
- Quick electronic transfer for loan repayment
- Repayment plans allow customers to pay in 15 days, 1 month, or installment payments
- Even if you have outstanding short term cash loans, you can apply for bigger amount provided by installment loans
- Depending on the type of loan, there is a minimum and maximum loan amount -visit each loan type to find out more
- You can call on our lenders directly too and apply for the loan via phone
Bigdaddy-loans.com is not a lender and does not provide loans but refers consumers to lenders who may provide such loans. Bigdaddy-loans.com is unable to supply you with an exact APR (Annual Percentage Rate) that you will be charged if you are approved for a loan. APRs vary according to the information supplied by you in your loan request and your lender. You will be given the APR, loan fees, and other terms by your lender when you are redirected to your loan agreement in the loan request process.
The APR on floans can range from 176% to 2,100% depending on how the APR is calculated (nominal vs. effective), the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan renewal actions, and other factors. Keep in mind that the APR range is not your finance charge and your finance charge will be disclosed later on.
See the following example of the APR calculation:
Borrow $200 for 14 days with a $30 to $60 lender fee. Your estimated APR is 391.07% to 782.14%
Calculation: (lender fee / loan amount) x (amount of days in a year / duration of the loan) x 100
Low End of Range: 30 / $200) * (365 days / 14 days) x 100 = 391.07%
High End of Range: ($60 / $200) * (365 days / 14 days) x 100 = 782.14%
Implications of Late Payment
Contact your lender as soon as possible if you are unable to repay your loan on the scheduled repayment date. Your lender will set its own late payment fees in accordance with state regulations. There are several courses of action available to them if your payment is late. For more information about your lender's late payment procedures please review your loan agreement or contact your lender directly.
Implications of Non-Payment Financial Implications
Your lender may also charge you late fees for non-payment as well as fees for non-sufficient funds. As an example, your lender may charge you a $20 nonsufficient funds fee as well as 15% of the loan balance as a late fee. Please review your loan agreement carefully for information about the financial implications of non-payment before you provide your electronic signature.
Bigdaddy-Loans.com is not a Lender, and is not involved in debt collection. If you are late or miss a payment on your loan, it is important to contact your Lender immediately. If a payment is missed and you do not speak with your Lender, it is possible your loan will be subject to collection. It is important you understand these terms and conditions, or discuss the process with your Lender directly. Collections practices of Lenders and/or any assignee(s) will be in accordance with the regulations of any applicable local, state, or federal regulations.
Some of the lenders in our network may automatically renew your emergency loans if they become past due. You should check your loan agreement for your lender's policy on automatic loan renewal. If your loan is renewed, there will be additional charges as determined by your lender and the minimum term will be 15 days. Your lender may offer you other options in addition to renewal, including the ability to repay your loan in full at a later date or repay your loan over time in a series of installments.
IMPACT ON CREDIT SCORES -
Www.BigDaddy-Loans.com does not make credit decisions nor does it ever conduct credit inquiries on potential borrowers. Some members of our lenders network may choose to conduct a credit check in order to determine your eligibility to qualify for a loan.
Short loan activity generally does not show up on the credit reports you get from the three major national credit reporting agencies (Equifax, Experian, and Trans Union). However there are specialty credit reporting agencies that collect some of your loan history. It is possible that lenders may access this information when considering you for future loans.
In addition, if you don't pay your loan back and your lender sells your loan debt to a debt collector, it is possible the debt collector would report this debt to one of the major national credit bureaus. Debts in collection could impact your credit score.