How Personal Loans Work

How it Works?

When you need cash now, but payday is still too far away, a personal loan can be the answer to your problems. is not a personal advance lender. Simply fill out the short form and will identify lenders that can provide you with a short term cash loan. We will attempt to connect you with a lender most likely to provide you the cash you need.

If you are connected with a lender, the lender will contact you to complete the process, review the terms of your loan and discuss repayment and extension options. The money will be electronically deposited into your bank account. When the loan is due, any fees associated with your loan may be deducted from your bank account, depending on your payment choice with the lender.

Please review our Terms and Conditions for comprehensive information regarding’s personal loan connection service.

What is a Personal Loan?

A personal loan allows people to get cash for a short time period against their next paycheck. A personal loan is also known as a cash advance, short term loan, or installment loan. The money is deposited to and repaid from your bank account according to your lender's terms, on agreed upon dates, to allow you the flexibility to handle those emergency cash situations such as unexpected medical bills, auto repairs or other short term cash needs.

Why do consumers search for a loan through ExtraLoanOptions?

If you need to cover unexpected expenses like a car repair or household emergency, a personal loan can resolve a potential financial disaster. Some are looking to bridge a short-term cash need between paychecks or to avoid bounced check fees, late payment penalties, or pawning personal possessions. will attempt to connect you with a lender that can provide you with the cash you need.

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  • All Credit Types Welcome