At this point you have probably looked into all possible personal loan options available, and after careful examination have decided to apply for a Merrick Bank Personal Loan. Make sure you keep your basic info at hand. Everything is done online and shouldn’t take more than 15 minutes.

To apply for a Merrick Bank Personal Loan is very simple. As soon as you arrive on the first page of the application, fill in how much you wish to borrow and the purpose of the loan. Some of the options include relocation, medical, major purchase, among others. Once you finish it, you will see Merrick’s secured application form. 

Enter your personal information (phone numbers, date of birth, home address, income and housing information, social security number). Remember to check the little boxes at the bottom of the page to confirm you are in agreement to Merrick’s terms.

Once you click “Show My Offer” the website may display a personal loan offer, or an offer denial. In case you receive the offer and are in agreement with it, you may opt to move forward and get the loan. Merrick must be able to verify your identity before they hand you money, and for that you will need to provide bank account information and a few more documents. It is only at this point that the bank will perform a hard pull.

Within 24 hours you will receive a deposit corresponding to the amount solicited (minus the origination fee of 5%) once you have e-signed the documents. 

One of Merricks greatest advantages over many of its competitors is the fact that they will run a soft inquiry in order to get you pre-approved for a loan. There are a number of important factors to watch out for when shopping for a personal loan. For example, interest rates immensely affect the amount you will have to pay in the future. 

If you’d like to understand more thoroughly what a personal loan is and how interest rates affect them, you should check out the link below.