Mariner Finance will approve you within 1 business day. After your application is approved and you accept the offer, it takes 2 business days to receive your funds, which Mariner Finance will send to you by electronic bank transfer.
Key Things to Know About Mariner Finance Loan Approval
Minimum Credit Score: Not disclosedbut know to accept bad credit
It takes 1 to 3 business days to get money from a Mariner Finance personal loan, in most cases. That includes both the time it takes to get approved and the time it takes for the funds to be delivered after approval. Keep in mind that this is a typical applicant's experience, and in some cases it could take longer.… read full answer
How to Get Money From Mariner Finance as Fast as Possible
Fill out the application carefully. You should make sure that all information you enter on the application is correct and complete. That will eliminate any potential delays from Mariner Finance having to request additional information.
Check your credit report for errors. Before you apply, you should verify that everything on your credit report is accurate, as any incorrect negatives on there could impact your chances of approval. If you find any errors, you should dispute them right away to get them removed.
Apply online. Online applications have the fastest processing times since they are automated and streamlined.
Once you get approved for a Mariner Finance personal loan, the money will be delivered through an electronic funds transfer to your bank account, which usually takes 2 business days.
Yes, Mariner Finance does a hard inquiry when you apply for a loan. This credit report inquiry will likely drop your credit score by about 5 to 10 points, but you'll be able to get back on track with a few months of on-time payments.
Mariner Finance's hard inquiry will stay on your credit report for two years, but it won't affect your credit after one year, and the impact may subside before then. To see how your individual credit score may be affected by a hard inquiry, you can use the … read full answercredit score simulator on WalletHub.
It's worth noting that some people may be uncertain about whether Mariner Finance does a hard inquiry because there's only a soft inquiry during the pre-qualification process. Soft inquiries do not impact your credit score. But that's just the first step, and a hard inquiry is required when you officially apply.
If not having a hard inquiry is important to you, lenders that don't do a hard pull at all include Integra Credit and LendUp.
Yes, Mariner Finance will verify your income when you apply for a personal loan. If you do not have any income, you can apply for a Mariner Finance personal loan with a co-signer, and Mariner Finance will verify that person's income instead.
Mariner Finance may verify income by requesting financial information like pay stubs, bank statements, or W-2 forms. In other cases, they'll just use credit report information. Either way, you will also have to meet other Mariner Finance requirements to be considered for loan approval.… read full answer
Mariner Finance Personal Loan Requirements
Be at least 18 years old
Be a US citizen or permanent resident
Have a Social Security number and government-issued photo ID
Must live in one of the 22 states Mariner Finance services
You have a good chance of getting approved for a loan from Mariner Finance if you meet all of these requirements.
If you want a better idea of what other personal loans you may qualify for with your income, you can use WalletHub's free pre-qualification tool.
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