FAQ’s
FAQ's
1Will we need to pay any upfront charges with your personal funding services?
No upfront fees or application fees are charged by our company. We do require you to hold a subscription to CreditCheckTotal.com throughout the funding process, which does require a monthly fee.
2Can a co-signer be used when applying for a personal loan?
No, a co-signer may NOT be used. Whoever is on the loan application must meet all qualifications for funding.
3What is the minimum credit score required to obtain a personal funding?
Your credit score must be a minimum of 660 (unless military affiliated). In addition, your credit profile must also meet other basic qualifications.
4Can I still qualify for a loan with a Bankruptcy on my credit report?
Yes, BK must be at least 5 years old.
5A prequalification evaluation will take approximately how long?
Prequalification’s typically take 24-48 hours, not including weekends and holidays.
FAQ's #2
1How long does it take to complete the personal funding process?
Each file is case-by-case. The files that meet every credit requirement will typically have bank approvals within 2-5 days. It then takes approximately 2-14 business days for the funding to arrive, once approved.
2Will Income documentation be needed for personal funding?
Income documentation is not needed on 99% of loans, however, they may be able to increase total funding.
3Is there an ALL cash funding option?
Our clients typically receive a combination of funds in the form of major bank issued credit cards (such as: Visa, MasterCard, American Express and Discover), Lines of credit and Installment loans.
4When will I be required to pay the fees for you providing the personal funding services?
Payment is due within 24 hours upon receiving each funded line.
5What forms of payment will you accept for payment?
We collect our backend fee via several methods of payment: PayPal, Credit Card Charge Authorization Form, Online Balance Transfer, and Direct Deposit.
6Can you do personal funding using only my Equifax credit file and not Experian or Transunion?
We can do personal funding using only Equifax credit or only Experian. We do not provide funding with Transunion only, unless there is military affiliation we can use.
FAQ's #3
1What is the max amount of funding I can obtain?
Based on the strength of the personal credit file we can fund up to a maximum of $250,000.00
2Will you be removing credit inquiries from my report following funding?
No, we do not provide removal of credit inquiries.
3What is the minimum amount of funding available through your personal funding services?
The minimum amount of funding we will submit for is $20,000. However, approvals can come back lower than that amount.
4Do you provide credit repair services?
We do not provide credit repair services but we can assist you in the process.