World Finance Greenwood South Carolina (2024)

FAQs

How long does it take World Finance to approve a loan? ›

*Most applications can be approved in about an hour. **Loan approval and loan terms depend on your state of residence and your ability to meet our credit standards (including a responsible credit history, income after monthly expenses, and availability of collateral).

Late Payment Fees.

These fees may range from a flat amount of $5 to $30 per late payment, or they may be a percentage of your entire monthly payment amount or 5% of the delinquent portion of your monthly payment amount, subject to certain state limits on the fees.

Yes, you can use a debt consolidation personal loan for credit card debt. A World Finance personal loan can be used to manage high-interest loans and other revolving lines of credit, combining them into a single loan with fixed monthly payments.

If you have bad credit and need money, you may still be able to get a loan for your emergency needs. We consider more than just your credit score, considering things like sources of income, ability to make payments, and your full financial picture.

The application and loan approval process is fast, easy, and funding typically takes about an hour.

Once you have applied for the loan, you can visit the lender's website to check your loan status. After loan approval, your loan amount will be disbursed within a few hours to your bank account.

Unsecured loans do not need any form of collateral unlike a secured loan, however it's important to note that if these loans are not paid on time, your debt can be sent to a collections agency and can negatively affect your credit score.

The Bank has a single borrower limit set at $23.5 billion for borrowers that are below an income of $7,065 at which the graduation process begin, but only China, Brazil, India, Mexico, and Indonesia have outstanding loans worth more than half of that limit.

A flex loan is a line of credit, which works kind of like a credit card. The lender approves you for a credit limit, which is the maximum amount available for you to borrow and is often available the same day you apply. You can borrow up to that amount, and as you repay your balance, your credit line replenishes.

While lenders vary in their requirements, you're more likely to get the best loan terms if your score is in the "good" category or higher, meaning at least 670. 1 But even if you have only a "fair" score, which starts at 580, you may be able to obtain a personal loan from some lenders.

Will I get finance with a poor credit score? ›

Still, there are personal loans you can get if you have a fair or bad credit score. Some lenders cater to applicants with lower credit scores in the poor range (below 580) to help them borrow money for emergency expenses, a medical bill, debt consolidation and other financing needs.

The typical minimum credit score needed to qualify for a personal loan is from 560 to 660, according to lenders surveyed by NerdWallet, but credit score requirements for personal loans vary across lenders and some may require a higher score.