Frequently Asked Questions
We have answers about ImaginationLoans.com & Personal Loans
We are not a lender. We work to connect consumers seeking installments with lenders and financial service providers in our national lender network.
We, or a potential lender, may run a “soft” or “hard” pull on your credit score in order to determine eligibility. Generally, only a “soft” pull is done initially and then a “hard” pull may be done later on in the loan process by a lender. It is possible that multiple credit pulls will be done by our lenders. Please note that we follow the FCRA.
If you meet the following basic requirements, you can submit an installment request:
- Be at least 18 years old.
- Provide proof of citizenship, such as a Social Security number, or legal residency.
- Have a regular income, either from full-time employment, self-employment, or disability or Social Security benefits.
- Have a checking account in your name.
- Provide work and home telephone numbers.
- Provide a valid email address.
Your privacy is important to us. We protect your information using industry standard security protocol and SSL.
You can use your loan for any purpose. Medical bills, debt consolidation, car repairs, home renovation – you decide.
Our network of lenders works with all credit types. You don’t have to have great credit, but the higher your credit score, the better your chances of getting a loan.
If you’ve been approved and complete all of the lender’s required paperwork, you can have your loan deposited directly into your bank account as fast as the next business day.
You can request a loan any time – 24 hours a day, 7 days a week.
Our service is free to use.
You can borrow a loan up to $5,000. Your potential loan amount will depend on various factors, including your income, employment, and credit history, as determined by the lenders in our network.
Since we are not a lender, we can’t provide loan details like interest rates and repayment terms. If approved, your lender will provide details in your loan agreement. We strongly recommend that you review your loan agreement and all loan terms carefully before accepting and signing for your loan. You are under no obligation to accept a loan offer.