Life is full of unpredicted events. We never know what will happen tomorrow, but the one thing we know for sure is that everyone wants to feel confident in tomorrow’s day. Money cannot bring happiness, love, or health. However, it can provide us with more possibilities to make our dearest and nearest happier. Unfortunately, it happens when a person needs more money to cover unpredicted expenses. The worse is when there is no time to wait and every minute matters. This is the reason why people prefer unsecured lending networks to get money fast and easy. RubikLoan is one of the free lending services, which helps borrowers to find lenders to provide loans to them.
This website was launched 3 years ago. RubikLoan is headquartered in Reno, Nevada. Nesmetaju LLC – a company that is located in the Caribbean country of Saint Kitts, and Nevis owns it. Nesmetaju has more than ten websites that offer the same services as RubikLoan does.
RubikLoan is not a lender; it only helps borrowers to find lenders in their region to provide them with a required loan amount. This loan amount can vary from $100 up to $5 000. RubikLOan collaborates more than 100 private lenders, all of them willing to help everyone who needs money. Lenders send a required loan amount into the borrower’s bank account as soon as the next business day. It is important to remark that all the process takes place online, so you are not obliged to leave your home place to apply for a loan request. Some lenders do not pay much attention to credit scores, so mostly every applicant may be approved for a loan.
RubikLoan services are free to use. To apply for a loan, users should fill in the application form. Based on this information, RubiKLoan will select the number of matching lenders to satisfy your request. Every lender has his terms and policies, so you have to learn it before moving forward.
RubikLoan has no information concerning loans, as it is not a lender. It just offers some general information about the credits, so if you are green in it, you should learn it. With the help of RubikLoan, every user is warned with possible risks that could be caused by this financial kind of service. This is an excellent feature of the website, as most of the similar loan matching services focus only on the benefits and advantages of this type of service and do not mention its weak points.
There is no information concerning the length of the loans. All we know is that this website offers only short-term loans.
Loan amounts range from $100 up to 5000 dollars, and as the website claims, “exact amounts vary based on lender programs and your state of residence.” The repayment period can be only guessed. However, based on the information that the maximum amount of loan is not very high, we can suppose that the repayment period may not be longer than one year.
There is no exact information concerning the total cost of the loans. The website claims that fees vary and that they depend on the policies of the lenders and laws the states they live in. Everything is average, and the client is not provided with more detailed information, so he does not know what to expect (that is why users should ask this info their lenders before they accept their requirements to provide them with loans).
The good thing is that the website has not very strict requirements for clients willing to submit the application form. The information they provide is only a guideline, and it may vary depending on the lender’s requirements.
There are a few general requirements for applicants desiring to obtain a loan approval (note that it is only general information, but most of the lenders in RubiklLoan network require them to be approved)
- Be employed for at least 90 days;
- Be a US citizen or a permanent resident;
- Be over the age of 18;
- Monthly income should be at least $1,000;
- Have a checking account registered in your name;
- Have a valid email address;
- Have a valid phone number for your office and home.
To apply for a loan, you need to visit the official website and complete a simple application form, where you have to enter the desired amount, credit score, valid email address, your name, phone number, job details, street address, and more. You should carefully learn their terms and policy and if you agree, accept them. Once the application is submitted, you will be pre-approved for a loan. Applicants may receive one or more matches or receive no at all – it would be risky to offer your full information for nothing. However, if you receive events, you will be able to choose the lender to contact and proceed with the application. The lender should respond in a few minutes or hours, and if the application is approved, you will get the money deposited in your bank account the next business day.
To sum everything up, this service is relatively unsecured in terms it does. There are other ways to find a financial solution than going to an unsecured money lender that will share your data with other affiliates in 30 days after your application has been submitted.