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!

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by Suzana Brito

Published on 12/06/2022

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;

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. 

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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.

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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.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website

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!

About the author

Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

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