Loans
How to apply for TrueAmericanLoan?
TrueAmericanLoan is an online platform that puts together many lenders with a variety of methods so you can find one that fits your loan request perfectly. Learn how to apply for it!
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by Aline Augusto
Applying for TrueAmericanLoan: borrow up to $35,000!
Whether you need money for an emergency, home enhancements, luxury item purchases, vehicle repairs, or bill payments, TrueAmericanLoan can help you with that.
This online platform gathers many lenders with various methods so you can find one that fits your needs and goals.
The service is free and paperless.
All you need to do is fill out the online form and submit it. If approved, you can get your funds as soon as the next business day.
So, learn how to access and apply for a loan using the TrueAmericanLoan.
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Apply online
Access the TrueAmericanLoan website and choose the loan amount you need.
Note that you must be a U.S. citizen at least 18 years old. Also, you must be employed or receive a steady income with an active bank account.
Then, provide your basic, personal, and financial information.
Finally, submit the form and wait for the approval.
Apply using the app
Apply using the website as described above.
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TrueAmericanLoan vs. SoFi Loans
TrueAmericanLoan is a loan aggregator that helps you find a lender who meets your profile, needs, and goals.
It saves you from wasting time searching for many lenders on the web.
However, if you need a loan for educational purposes, check out SoFi Loans right below.
| TrueAmericanLoan | SoFi Loans | |
| APR | It depends on the lender | Fixed and variable ranging from 1.74% to 6.94%. 0.25% discount for automatic payments |
| LOAN PURPOSE | Personal | Educational (undergraduate, graduate, law & MBA, parent loans)Refinancing |
| LOAN AMOUNTS | Up to $35,000 | Minimum of $5,000 |
| CREDIT NEEDED | All credit types are considered | Undisclosed |
| TERMS | It depends on the lender | 5,7,10,15 years |
| ORIGINATION FEE | It depends on the lender | None |
| LATE FEE | It depends on the lender | None |
| EARLY PAYOFF PENALTY | It depends on the lender | None |
If you are interested in learning more about SoFi, read our next post.
How to apply for SoFi Private Student Loans?
Flexible repayment options and no fees. Learn how to apply for SoFi Private Student Loans and get the benefits!
Aline Augusto
Aline Barbosa
Senior Editor
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