Loan FAQs: Eligibility, Rates & Application Help | Bromoney
General
Clear answers on how the BroMoney traditional loan marketplace matches U.S. consumers with FDIC-insured and state-licensed institutions. Learn about our free loan-matching technology, soft credit inquiries, and strict compliance with FTC regulations, explicitly separating BroMoney from direct non-bank or p2p lenders.
Bromoney works with lenders and partners in its marketplace. After you complete the form, you can review the loan options available to you in your account and choose whether to continue with a partner. The lender or partner determines its own criteria, terms, and availability.
No. If options are available, you can review the terms and decide whether to continue with a lender or partner. You are not required to accept an option simply because it appears in your account.
There is no single credit score that determines whether options may be available. Each lender or partner uses its own criteria when deciding whether to continue, and those criteria can include information beyond a credit score. Availability and terms vary.
Bromoney provides a financial marketplace where you can review available loan options and choose whether to continue with a lender or partner. The lender or partner makes its own credit decision and, if you accept its terms, may fund and service the loan.
You can get started online by completing the form. Afterward, you can review the options available to you in your account and choose whether to continue with a lender or partner.
Bromoney lets you start with one form. Afterward, you can review the options available to you in your account and decide whether to continue with a lender or partner. You can compare the terms shown and choose the option that fits your situation.
You compare. You choose. Free to start.
You know the drill: one loan request, then waiting for the calls to start. Here you stay in control — we treat your information with care, you compare the options available to you, and you choose which lender or partner to move forward with. We can't speak for every partner, but we do our best to keep unwanted calls down.
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The form may ask for personal, contact, income, employment, and banking information. The information requested can vary depending on the options available and the requirements of a lender or partner you choose to continue with.
Bromoney may receive compensation from participating companies when consumers continue with them. There are no consumer fees for using Bromoney. Compensation does not influence which options appear in your account or how those options are ordered.
Contact the lender or loan servicer named in your loan agreement for questions about payments, due dates, account access, or payoff. Their contact information is usually included in your agreement and account communications.
Repayment follows the terms set by the lender or partner that provides the loan. Before you accept any terms, review the payment amount, due dates, repayment schedule, fees, and total cost. Contact the lender or servicer directly if you have questions about your account.
Compare the APR, payment amount, repayment schedule, loan term, total amount repaid, and any fees. Consider whether the payment fits your budget before you decide whether to continue. Terms and availability vary by lender and partner. For general guidance, see the CFPB’s loan-offer comparison guide.
There are no consumer fees for using Bromoney. If you choose to continue with a lender or partner, review its terms, including interest, fees, and repayment costs. Those terms and costs are determined by the lender or partner.
Checking available options with Bromoney does not require a credit-bureau inquiry and does not affect the consumer’s credit score. If the consumer selects a partner and continues, that partner may perform a hard credit inquiry that can affect the score. For general information about credit inquiries, see the CFPB’s credit inquiry guide.
You can complete the form and review any options available to you in your account. Lenders and partners use their own criteria, which may include income, banking information, and other factors in addition to credit history. No option or outcome is promised.
Funding timing depends on the lender or partner you select and on your bank’s processing schedule. Review the timing details provided by the lender or partner before you accept any loan terms.
Bromoney may display options related to personal loans, installment loans, payday loans, and bad credit loans. Product availability varies by state, lender or partner, and the options available to you.
Yes, the full flow of lender search is optimized for mobile devices. You can also use the mobile application.
First, you complete the form. Afterward, you can review the options available to you in your account and choose whether to continue with a lender or partner. Checking available options with Bromoney does not require a credit-bureau inquiry; if you select a partner and continue, that partner may perform a hard credit inquiry that can affect your score.