Eligibility Criteria for MyInstantOffer Lending Club Loans

If you are now jet set ready to get your hands on MyInstantOffer Lending Club loans then it is about time you check the eligibility criteria.

These are the minimum requirements you need to fulfill before applying for MyInstantOffer Lending Club Loans:

  • You must have obtained a minimum credit score of at least 600.
  • You should have a stable source of income and must be a handsome amount so that you can easily pay back the loan instalment with interest.
  • Your financial details must have gone through the process of verification.

Wondering how will you receive your money?

When your submitted application has gone through the scrutiny and gets accepted, the funds are taken from your investors and transferred to your account.

The transaction may take some days but a few tid bits you must keep in your mind:

  • MyInstantOffer Lending Club will charge an origination fee so the loan you will get will have this fee excluded,
  • Interest will be charged right from the day when the loan has been issued regardless of when it is delivered,
  • You will be bound to submit the first payment within a month of when the loan is issued.

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