What do people use our loans for?

Events or Special Occasions

Use your loan from Rapid Loan to cover some of the expenses of an event or special occasion.

Investments

Have hot investment tip and need to invest, but don’t have the liquid cash? Our loans are repayable anytime, and you only pay interest up until the date of repayment! Which makes it perfect for a high return short term investments.

Sales & Trading

Skilled salesman and traders can take short term loans to further leverage their skills and expertise.

Cars & Vehicles

Customers use these loans as a quick way to get a down payment on a car.

Travel

Some customers use these loans to cover unexpected budget shortfalls prior to a planned vacation.

Electronics

Use your loan from Rapid Loan as a shirt term non-traditional way to finance electronics or other large consumer goods purchases.

Loan Example

Amount $2,000.00
Term 1 year
Fees $194.00
Interest Rate (46.8%) $936.00
APR 56.50%
Total Cost of Borrowing $1,130.00
Monthly Payment $ 260.83

NOTE: You can pay off your loan at any time with no penalty.
You will only pay interest up to the date you borrow it.

Terms and Conditions: (APR 23% min – 59.7% max) Loan amortization is between 12-24 months. Loan must be paid in full by the end of term, no extensions or exceptions, no automatic renewals. Failure to pay your debt on time with impact your future credit with Rapid Loan Inc. and other credit lenders. All delinquencies will be reported to the Credit Bureau.

Have more questions?

Why Choose Rapid Loan?

We will transfer your loan directly into your bank account as soon as you are approved. Loan transfers may take up to 24hours to process.

Over 90% of our customers’ applications are approved! As long as you have verifiable income, and no history of bad credit with any loans, you will most likely be quickly approved for our flexible loans.

You can contact us by phone, e-mail,  our contact forms or even request us to call you!