Yes, Citizens One is a direct lender, which means they handle the full loan process, from application to funding and beyond, instead of simply matching you with another lender. Direct lenders are the only ones that handle your information, so it’s more secure, and they make the loan process faster by removing middlemen.
In the end, your loan comes directly from Citizens One, not through a partnering bank or credit union. Getting a loan from a direct lender may get you better rates than from an indirect lender, as well.
Yes, Citizens One personal loans are legit because Citizens One is registered to do business in the states it services, which is a legal requirement to be a legitimate lender. Another reason why Citizens One personal loans are legit is that the lender has a rating of A+ from the Better Business Bureau.The company also is accredited with the Bureau.… read full answer
Why Citizens One Personal Loans Are Legit
Citizens One is registered as a business in the states it services.
Citizens One has a Better Business Bureau rating of A+.
Citizens One has been around since 1828.
Citizens One has an average user rating of 2.8/5 on WalletHub.
Citizens One personal loans have a rating of 4.1/5 from WalletHub's editors.
Citizens One has a secure website, which you can tell by the fact that the URL has "https" in front of it.
While Citizens One personal loans are legit, they may or not be the best choice for you. It's important to compare the terms and requirements of Citizens One personal loans against your other options before submitting an application.
To apply for a Citizens One personal loan, first decide which way you will apply (online, by phone or in person ), then enter your personal and financial information on the application. Next, verify the accuracy of the information, submit the application and wait to receive a decision.
Decide which way to apply. You can apply for a Citizens One personal loan online, by phone or in person. Applying online is the best way because it typically offers the fastest decision.
Enter your personal information on the application. Citizens One requires the following personal information on the application: your name, date of birth, Social Security number, address, phone number, and email.
Enter your financial information on the application. Citizens One requires the following financial information on the application: your income, sources of income, housing status, monthly housing payment, and employment status.
Double check the application for accuracy. To ensure that your Citizens One personal loan application gets processed as quickly as possible, make sure that all the information is correct and complete before you submit it.
Submit your application. Citizens One will typically provide a decision on your application within 4 to 16 business days (for both approval and funding time).
If you are approved for a Citizens One personal loan, you will generally receive the funds within 1 to 2 business days after approval. After that, it’s your responsibility to make monthly payments until you have fully paid back your loan, including interest.
It is not very difficult to get a personal loan from Citizens One because they offer personal loans for people with credit scores as low as 680+. Other Citizens One personal loan requirements include being at least 18 years old, having an SSN, and having enough income to afford monthly loan payments.… read full answer
Citizens One Personal Loan Requirements
Minimum Credit Score: 680+ credit score
Minimum Income: $24,000 minimum income
Age: 18+ years old
Residency: U.S. citizen or permanent resident
Identification Type: SSN
Once you make sure you've met all the requirements for a Citizens One personal loan, you should have a good chance of approval. However, the exact interest rate you receive will depend on factors such as your credit score, income and debt.
You can use WalletHub's free pre-qualification tool to see if you're likely to get approved and what rates you could get. Plus, it won't hurt your credit.
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