In Helix Loan, customers who wish to cover a lending cost such as automobile repairs are provided with modest loans.
However, these credit rates are exorbitant and have to be returned every week or twice a week.
Before any loan application, you should check out your credit score and if required you should fix it. Start here!
What Do You Need to Know About Helix Loan?
Helix is Kendall’s lending arm, located in Kansas, Overland Park. The lender offers unsecured, non-collateral personal loans.
Helix Loan said its credit goes to those with “less-of-ideal credit” for emergency spending.
Its modest loans are between $200 and $4,000 and can last for as little as 24 months. Let’s discuss it further in detail;
Focus on Personal Loans From Helix:
Here are some extra facts to consider if you are considering a Helix personal loan.
Helix Loan – Who is it for?
Helix loans are highly costly—their interest rates are considerably greater than those of other lenders and their typical loan rates.
Therefore, before applying for a Helix loan, explore any alternative options.
Moreover, you could wish to utilize an existing credit card, ask for a family member’s assistance or seek an alternate loan from a federal credit union for a lower-cost payday.
However, it makes much more sense to get cash out on popular applications like Dave or Earnin according to how much you need to borrow.
If you decide to take a Helix loan, try your utmost to prevent late payments, and if at all feasible, return your loan early.
Helix Loan – How To Apply?
In only a few minutes, you may get a personal Helix loan online.
You can make a decision immediately after you do so. Once you apply, Helix will run a credit check using Experian’s Clarity Services.
If authorized, your loan agreement can be reviewed and finalized.
Then, you might collect your money on the same or the following day at work. (Remember that your bank usually depends on the specific schedule.)
Helix Loan – Alternatives:
OppLoans is among the best lending consumer platforms with a 2020 FinTech reward as the Best Lending Platform of the year. OppLoans uses artificial intelligence and machine learning in combination with financial data that doesn’t include credit scores, to generate a complete credit picture of applicants.
OppLoans is a platform optimized for mobile users with a cloud-based servicing environment and verification. When it comes to OppLoans business model, the company operates as a combination of a direct lender and a brokerage service.
Bad Credit Loans
Bad Credit Loans is a service provider that facilitates a marketplace of lenders and takes no fees for connecting borrowers to lenders.
Borrowers are matched with lenders based on their application, while you can find lenders who can grant you a weekend payday loan.
You can apply in seconds and wait to receive a response from independent lenders. You can lend from $500 to $10,000 according to Bad Credit Loans, but the amount you get approved for will depend on the type of loan you are applying for and your personal information.
Zippy Loan is similar to Bad Credit Loans in terms of how the two service providers operate. Zippy Loan forms a free market of lenders that are connected to borrowers based on loan applications.
According to the provider, borrowers may get approved for loans up to $15,000, however, amounts granted for weekend payday loans are usually lower as these loans are repaid in short periods that usually don’t go over four weeks.
If you’re seeking a large amount, Avant may be a suitable alternative if you have more money to buy than Helix Loan provides.
If you want a modest dollar salary advance and want to pay a monthly fee instead of interest, Brigit might make sense.
- Little available loan amounts.
- Not required collateral.
- Very high rates of interest.
- You may face a late charge.
- Weekly or bi-weekly payments.