Yes, Mariner Finance 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 Mariner Finance, 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.
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, a Mariner Finance personal loan does affect your credit score, both when you apply and during the entire time that you are paying the loan off. Initially, a Mariner Finance personal loan will affect your credit score in a negative way, but the long-term impact can be very positive, assuming you repay the loan on schedule.… read full answer
How a Mariner Finance Personal Loan Affects Your Credit Score
Hard pull: When you apply for a Mariner Finance personal loan, Mariner Finance will do a hard inquiry into your credit history, which will temporarily drop your credit score by about 5-10 points in most cases.
Increased debt level: Taking out a Mariner Finance personal loan will naturally increase the amount of debt that you have. Since your debt level is one of the components of your credit score, you can expect that to have a negative impact initially.
Account diversity: One positive way that getting a Mariner Finance personal loan can impact your score right away is by adding more diversity to the types of accounts you have open. Your "credit mix" is one of the components of your credit score, and the more types of accounts you have, the better - as long as you handle them responsibly.
Payments: The biggest factor in how a Mariner Finance personal loan affects your credit score is whether you pay on time. If you make on-time payments, your score should steadily increase as a result. If you pay late or fail to make payments altogether, you can expect your credit score to drop.
The bottom line is that while a Mariner Finance personal loan does affect your credit score, most of the way that your score changes depends on how responsible you are with the loan. If you'd like to estimate how certain actions might affect your credit score, you can use WalletHub's free credit score simulator.
Yes, Mariner Finance personal loans are legit because Mariner Finance is registered to do business in the states it services, which is a legal requirement to be a legitimate lender. Another reason why Mariner Finance personal loans are legit is that the lender has a rating of A+ from the Better Business Bureau.… read full answer
Why Mariner Finance Personal Loans Are Legit
Mariner Finance is registered as a business in the states it services.
Mariner Finance has a Better Business Bureau rating of A+.
Mariner Finance has been around since 2002.
Mariner Finance has an average user rating of 3.9/5 on WalletHub.
Mariner Finance personal loans have a rating of 3.7/5 from WalletHub's editors.
Mariner Finance has a secure website, which you can tell by the fact that the URL has "https" in front of it.
While Mariner Finance personal loans are legit, they may or not be the best choice for you. It's important to compare the terms and requirements of Mariner Finance personal loans against your other options before submitting an application
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