Frequently asked questions
Including the ones people search for most: guaranteed approval, instant decisions and no-credit-check loans.
How much can I request?
Any amount from $200 to $50,000. A lender may offer less than you asked for, or nothing at all, depending on your income, credit and state rules.
Does the first check affect my credit score?
The matching step uses a soft inquiry, which does not change your credit score. If you choose to continue with a specific lender, that lender may run a hard inquiry, which can. The consent wording inside the application tells you which check is happening.
Why is it called a light check?
Because the first step asks little of you: a few minutes online, no paperwork upload and only a soft inquiry. The careful checking comes afterward, when you verify the offer itself before signing anything.
Can I get guaranteed approval?
No. A legitimate lender has to confirm who you are and whether you can repay, so nobody can promise approval in advance. Lenders in the network work with poor, fair and good credit and look at income and banking history as well as your score.
Is instant approval real?
Decisions often arrive within minutes because much of the review is automated. Some requests still need a manual review or documents, so an instant answer is common but not certain.
Are there loans with no credit check?
Responsible lenders review credit in some form. What you can count on is that the matching step uses only a soft inquiry. A hard inquiry may follow only if you decide to go ahead with a lender.
How soon could the money arrive?
Often the next business day after you are approved and sign. A few lenders can fund the same day, and some offer local pickup where available. Bank cut-off times, weekends and holidays can add a day.
What do I need before I start?
You need to be 18 or older, live in one of the 45 available states, have an active checking account and a steady income of at least $1,000 a month before tax. Larger requests usually need closer to $2,000 a month.
What information does the application ask for?
Your name, date of birth, Social Security number, address, phone, email, employer, pay schedule, monthly income and checking-account numbers. Enter these only in the secure application, never in a contact form or email.
Do I need collateral or a co-signer?
Usually neither. Most personal and installment loans in the network are unsecured and assessed on your own finances. Title loans, available in a few states, do use your vehicle as collateral.
What if I do not like the offer?
Decline it. You are under no obligation to accept, and declining costs you nothing. Run the numbers through the offer check first if you are unsure.
Does Light Verify Loans charge a fee?
No. Using the site and sending a request is free. A lender that makes you an offer will disclose its interest and any fees before you sign.
Is Light Verify Loans a lender?
No. We are a free matching service that connects you with independent lenders. The lender makes the credit decision, sets the terms, sends the money and collects the payments.