Reviews

True American Loan review: how does it work and is it good?

Find out how to get a personal loan of $5,000+ with the True American Loan Review. Understand the conditions, pros and cons and much more. Let's get started!

Advertisement

True American Loan: Personal loans for all credit scores

True American Loan logo
Read our True American Loan review! Source: True American Loan

Are you looking for a loan but don’t know where to begin? Check out this True American Loan Review, it could be the perfect solution for you.

True American Loan logo

How to apply for True American Loan

Apply for the American Personal Loan: The step-by-step that will get you started today. Keep reading to find out more!

In this review, we will look at how the service works and discuss whether it is a good option. Let’s dive in! 

  • APR: Varies by lender;
  • Loan Purpose: All purposes;
  • Loan Amounts: From $100 to $5,000+;
  • Credit Needed: All credit scores are accepted;
  • Origination Fee: Varies by lender;
  • Late Fee:  Varies by lender;
  • Early Payoff Penalty: Varies by lender;

Advertisement

What is the True American Loan? 

American flag
The True American Loan is available to all states in the U.S. Read on! Source: Pexels

True American Loan is an online lending platform that offers loans of up to $5,000+ to consumers in all 50 states.

The loan amounts available can go up to $5,000 and over. Plus, they can be used for various purposes, such as debt consolidation, home improvements, medical expenses, and more. 

When applying for a loan through True American Loan, your application will be reviewed by one of their lenders, who will then decide if you are eligible for the loan. 

You can expect to receive funds within 1-2 business days if approved. 

What Are The Fees? 

Each lender sets fees depending on the amount borrowed and other factors such as credit score and repayment terms. 

It is important to carefully review all the fees associated with your loan before signing any agreement to understand what you are getting into before committing to anything.

Advertisement

Is the True American Loan good?

Overall, True American Loan is a great option if you need a loan but don’t want to go through the hassle of dealing with traditional banks or lenders.

Fast cash is a convenient way to access funds when you need them most. Check out the pros and cons of the True American Loan:

Pros

  • It offers a wide loan range;
  • The process is quick and online;
  • The platform doesn’t charge any fees to connect borrowers and lenders;
  • All credit scores are accepted.

Advertisement

Cons

  • Fees vary from lender to lender.

Does the True American Loan check credit scores?

The American Loan checks credit scores to determine what APR you’ll pay, besides other fees involved in the loan.

However, there aren’t minimum scores required for applying. So even if you have a ruined score, you can try it.

Want to get the True American Loan? We will help you!

Are you thinking about getting a loan with True American Loan? Find out everything about the application process, and requirements in our post below.

True American Loan logo

How to apply for True American Loan

Apply for the American Personal Loan: The step-by-step that will get you started today. Keep reading to find out more!

Trending Topics

content

Learn to apply easily for the SoFi Mortgage

Do you want to apply for a mortgage with SoFi mortgage? Read on to a complete guideline that covers all you need to know.

Keep Reading
content

Savings vs. checking accounts: Understand the difference

Unclear on the difference between savings vs checking accounts? This quick guide has you covered! Learn how to utilize both accounts best!

Keep Reading
content

Blue Cash Preferred® Card from American Express review

Do you need a cash-back card for your daily expenses? Know how to get one in this Cash Preferred® Card from American Express review. Read on!

Keep Reading

You may also like

content

Mortgage statement: what it means and how to read it

A mortgage statement can be confusing, but this guide will break it down so you know exactly what's going on. Read on!

Keep Reading
content

Figure Home Equity Line review: how does it work and is it good?

This Figure Home Equity Line review is the perfect place to start if you're searching. You can qualify for up to $400,000! Keep reading!

Keep Reading
content

Navy Federal More Rewards American Express® Card Full Review

Read our review of the Navy Federal More Rewards American Express® Card - earn 25K bonus points and up to 3 points on purchases!

Keep Reading