FREQUENTLY ASKED QUESTIONS
What are the costs involved?
We believe that reputable firms should not charge upfront
fees of any kind for financing. Therefore, all of our efforts are
guaranteed at no cost to you, until your loan is approved and you
have your funds in hand. At that point we have a loan consulting fee
that varies based upon the amount of financing you receive and the
type of loan program with which we assisted your needs. Your personal
loan consultant will clearly explain our fee structure, both verbally
and in writing, before we proceed. Many loan programs have no fees
and there are never any obligations on your part.
How much unsecured money can I borrow?
If you are an Individual or Start-Up business you may be able to borrow
between $10,000 and $100,000. If you are a business owner with two
or more years in operation, you may be able to borrow between $10,000
and $100,000. The amount will vary based upon a number of credit attributes.
When I pre-qualify, am I guaranteed
financing? No. When we provide you a pre-qualification
notice, it simply means that you have met the minimum credit qualifications
required to proceed. You may barely meet these credit requirements
or you may greatly exceed them. Each credit situation is different.
We only pre-qualify clients that have a better than likely chance
of receiving funding.
What is the interest rate on these
loans/lines of credit? The interest rate varies depending
on your credit situation and the lender that approves you for funding.
The interest rate will fall somewhere between prime +2% and prime
+8.99%. The overall average interest rate for most clients is usually
6.99% to 13.99%.
What are the loan terms?
Depending on the loan amount, the loan terms will range from 24 months
to 84 months. Lines of credit can actually have perpetual terms in
some instances.
If I don't like the terms of the loan,
am I obligated to take the loan or pay your consulting fee?
We clearly state the interest rates, the terms of the loans and the
nature of our service before we proceed with your loan request. If
you are not completely comfortable with our service, we recommend
that you do not proceed. Please note, that after you are approved,
you will be provided loan disclosures by the lender. If after reading
their disclosures, you decide not to continue, you can do so with
no obligation to us and with no fees due.
How long does the process take from
start to finish? Initially, it takes minutes for us
to completely analyze your credit situation. If you meet the pre-qualification
criteria for our program, you can be approved in as fast as 48 hours
after you decide to proceed, however, it can take longer depending
upon how responsive you are throughout the loan process.
Is there a way to speed up the loan
process? The best way to speed up the process is to
be responsive to all phone calls and requests from your America One
Capital Loan Consultant.
I have bad credit, but I have a co-signer
with good credit. Can I still apply? Yes, we welcome
co-signed applications.
I have limited credit; can I still
get a loan? We prefer that an applicant have a minimum
of three active trade lines for 36 months or longer on their credit
report. However, depending upon your income and the amount of money
you are seeking, we still may be able to assist you in getting a loan
on a case by case basis.
I have a few credit problems, but nothing
recent. Can I still apply? If you have not had a bankruptcy
in the last 10 years, or any unpaid collections, charge offs, tax
liens, repossessions or serious late payments in the last 7 years,
you can apply.
I have a previous bankruptcy, can I
still apply? Only if the bankruptcy 10 years or older.
Is it possible to obtain lines of credit
instead of a loan? Our typical client does not usually
have a preference. Feel free to indicate your choice, but understand
that by limiting your preference to either a loan or a line of credit,
you will decrease your available options, limiting the amount of money
we may be able to help you obtain.
Are there any pre payment penalties?
In most instances there are no pre-payment penalties. Full disclosure
on this subject will be provided by the lender before you accept any
loan.
Exactly what kind of company is America
Unsecured Funding? We are a nationwide loan consulting and
loan placement firm, specializing in loan programs that offer our
clients the fastest and easiest possible access to funds.
What kind of loans does America Unsecured Funding
offer? In addition to unsecured loans, we specialize
in no documentation loans that can be approved and funded quickly,
with the fewest hassles possible for our clients. These additional
programs include Home Equity Loans, Signature Loans, Working Capital, Equipment Leasing, Accounts Receivable Financing
and Master Card/Visa Merchant Advances.
Why is America Unsecured Funding a better
solution than a bank? There are several reasons. First
you are on your own when you go into a bank. It can be intimidating
and confusing for a layperson to obtain an unsecured loan without
prior experience. Very often a simple mistake will start a chain reaction
of problems. By utilizing our loan services you will have an expert
on your side guiding you through the entire loan process. We bring
you to today's most active funding sources and eliminate costly mistakes
to ensure that you are applied correctly the first time. We can help
you obtain larger approvals at better terms and lower interest rates.
We also can consult you on how to properly interact with lenders,
if needed. The bottom line is that we have a tremendous amount of
expertise and success in the lending arena! We can help you get approved
quickly, while saving you a tremendous amount of time and eliminating
the hassles typically associated with borrowing money.
Who should I contact once my loan is
in process? Once you submit your online loan application
a personal Loan Consultant is assigned to guide you through the loan
process. Your Loan Consultant is your point of contact until you recieve
funding. If you have applied during business hours, your Loan Consultant
will call you to answer questions and provide their contact information
within one hour. For any questions feel free to call 1-800-809-1176
and a representative will be happy to assist you.
What kind of documentation will I need
to provide to the lender for verification? Our loan
process minimizes the number of documents you are required to produce.
The actual documents you will need to provide will vary based on your
situation. In most instances no documents are required.
How does America Unsecured Funding protect
my personal information when I apply online? Because
privacy is of such concern to all consumers, America Unsecured Funding takes
stringent measures to protect your personal information. Once you
submit your application it is encrypted for transmission and then
stored with industry-leading security on the America One Capital servers.
Also, in order to ensure continued compliance with America Unsecured Funding's
privacy policy, independent auditors regularly review all internal processes and systems.
You say my application is secure. What
does that mean? America Unsecured Funding uses domestic
grade encryption when transmitting applications and other confidential
information. Netscape Navigator, Microsoft Internet Explorer and other
web browsers are compatible with this form of encryption. All the
application pages will display the "secure icon" in your
browser indicating that the information you enter on these pages will
be transmitted securely.
What is the rescission period?
The rescission period is a waiting period of three days (excluding
Sundays and legal holidays), between signing our Fee Agreement. This
period allows you to reconsider, and perhaps void the transaction,
and is required by federal law for all owner-occupied refinances.
I would like a higher loan amount.
Do I need to re-apply? Yes, you can re-apply after
six months, if you have paid back your monthly loan obligations in
a timely fashion. Contact us at 1-800-809-1176 and we will attempt
to help you increase your loan limits.
| 
