World Finance Personal Loans (2024)

FAQs

Is it hard to get a loan from World Finance? ›

The application and loan approval process is fast, easy, and funding typically takes about an hour.

Loan Amounts

World Finance offers personal installment loans from roughly $450 – $10,000. In some states, larger loans may be available. Not all applicants will qualify for larger loan amounts or most favorable loan terms.

A soft check allows us to peek at your credit score. During approval, we do a hard check, which does affect your credit score. A hard check will let the credit bureaus know that your credit history is about to change.

Requirements for a $1,000 Personal Loan

A good to excellent credit score of at least 670 is often required, but there are some lenders that weigh other factors more heavily — allowing you to qualify even with a lower credit score.

We have loans for people with good credit, bad credit and no credit. Even better, your World loan can potentially boost your credit score over time as you make on-time payments. If you're ready to get back to the good, let us help you get there. Start your application.

When you get approved for a World Finance loan, you can get your money by check or direct funds to your debit card. Typically, your loan can be funded in about an hour.

While getting a personal loan with a 550 credit score is possible, you will likely face higher interest rates compared to borrowers with stronger credit. Lenders might also impose stricter terms, such as shorter repayment periods. Secured loans: Secured loans are backed by collateral, such aslike your car or home.

Pay early if you can.

We don't penalize for early payoff, so if you have a little extra cash, go ahead and make a payment!

The only type offered at World Finance, a personal installment loan lets you borrow a set amount of money and then pay it back in equal monthly installments over the life of the loan — usually ranging from 4 to 46 months — with accumulating interest.

Unsecured loans do not need any form of collateral unlike a secured loan, however it's important to note that if these loans are not paid on time, your debt can be sent to a collections agency and can negatively affect your credit score.

Can you have two loans with World Finance? ›

Yes, you can use a debt consolidation personal loan for credit card debt. A World Finance personal loan can be used to manage high-interest loans and other revolving lines of credit, combining them into a single loan with fixed monthly payments.

However, this doesn't mean these loans are invisible to credit bureaus. While not all hard money loans are reported, those that are can either positively or negatively affect your credit score, depending on your payment history.

Pawnshop loans don't require a credit check and are easy to get approved for if you have anything of value that you can stand to lose. For example, you could take out a pawnshop loan with old jewelry or electronics as collateral.

Hardship personal loans are a type of personal loan that is designed to help you overcome financial difficulties. This type of loan is generally offered by small banks and credit unions, and has lower interest rates, lower maximum loan amounts, and shorter repayment periods than standard personal loans.

How Can I Get a Loan If No One Will Approve Me? Specialist lenders offer bad credit loans with more flexible approval criteria. Provide a larger deposit, use a guarantor, or secure the loan against an asset. Shop around and compare lenders.

We also work with you to establish a monthly payment schedule based on your ability to repay the loan and create long-term financial stability. Unlike many payday lenders, we do report to credit bureaus, which means over time you can establish a history of on-time payments that improves your credit score.

When you apply, Currency Finance conducts a soft pull on your personal credit to verify your identity and avoid fraud. Hard inquiries, which may affect credit scores, will be conducted later in the process.

World Acceptance, the parent company of World Finance and other subsidiaries (collectively known as “World” or “we”) welcomes and encourages consumers like you to share your experiences, suggest improvements, and add to the conversation.