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Loan By Phone Payday Loans Review

4.3933823529412

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$100 - $1,000 PAYDAY LOANS
$1,000 - $35,000 INSTALLMENT LOANS

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Online cash advance is really quick, easy, and confidential with LoanByPhone. They offer Payday Loans, Installment Loans and Line of Credit for both good and bad credit score customers. An easy, online application that takes only minutes to complete will help you get the approval and necessary funds as soon as possible. LoanByPhone makes the loan process really easy and mobile. Ypu can apply on the go, get funds quickly, and manage your account, all from the device at your fingertips.

Loan By Phone Products & Services

Loan By Phone Rates and Fees

Loan By Phone interest rates and terms vary depending on the loan product you choose, where you live, your income, and your credit history. This table provides you with a range of rates, so you can get an idea of what a Payday loan, Installment Loan and Personal Loan may cost.

Maximum Loan Amount

Maximum Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

$1500
MIN APR

MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

260.71%
Collateral or Guarantor

Collateral or Guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

None, unsecured
MIN Loan Amount

MIN Loan Amount

It’s the minimal amount of cash advance you can apply for. It’s not always stated, the average sum is $100. But it may vary depending on the lender and the state’s regulations.

$100
MAX APR

MAX APR

The maximum percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

Varied by state
Terms

Terms

It’s the period of time within which you are to pay off your loan.

Varied
Turnaround Time

Turnaround Time

It's the period of time within which you get the money

1 business day
Find out more Apply online
MAX Loan Amount

MAX Loan Amount

It’s the maximum sum of cash advance allowed to apply for in the state. It usually ranges from $500 to $1000. But it may vary depending on the lender and his requirements.

$3000
MIN APR

MIN APR

The minimal percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

Varied by state
Collateral or guarantor

Collateral or guarantor

Collateral – is some kind of your property which ensures the lender that you will repay the money. Guarantor – is a person that sings the agreement thus giving his guarantee that you will repay the loan. Payday loans are unsecured which means to get cash advance you don’t need either a collateral or guarantor.

None, Unsecured
Terms

Terms

It’s the period of time within which you are to pay off your loan.

Varied
MAX APR

MAX APR

The maximum percentage allowed that actually represents annual cost of your loan. The APR is based on several things, including the amount you borrow, the interest rate and costs you’re being charged, and the length of your loan.

Varied by state
MIN Loan Amount

MIN Loan Amount

It’s the minimal amount of cash advance you can apply for. It’s not always stated, the average sum is $100. But it may vary depending on the lender and the state’s regulations.

$500
Turnaround Time

Turnaround Time

It's the period of time within which you get the money

1 business day
Find out more Apply online

....

Smaller tax return than you expected? Apply online for quick cash. Apply

Urgent expenses? Loan By Phone brings ultimate mobility to the loan process. They offer Payday Loans and Installment Loans. Apply on the go, get funds quickly, and manage your account, all from the device at your fingertips.

Contents:

Loan By Phone Payday Loans. 

Loan By Phone Installment Loans. 

How to apply for a Payday Loan by phone?

Loan By Phone working hours, address and phone number.

Loan By Phone bad credit loans.

24 Hour Loan By Phone customer service. 

Loan By Phone account login.

Loan By Phone promo code. 

Loan By Phone Payday Loans. 

LoanByPhone offers payday loans from $100 to $1,500 though the amount may vary depending on your state of residence. LoanByPhone operates in the following states: Alabama, Alaska, California, Delaware, Florida, Hawaii, Idaho, Illinois, Indiana, Kansas, Louisiana, Missouri, Mississippi, Nevada, Ohio, Oklahoma, Oregon, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin and Wyoming. Terms also vary by state, but mostly you will need to pay off the loan in 14 - 30 days after you borrow when you get the next paycheck.

Loan By Phone Installment Loans. 

Installment loans amounts are from $500 to $15,000. They are repaid in equal fixed installments over a predetermined period of time. The total amount of an Installment Loan and hthe repayment terms vary by your state of residence, credit score, income and application information. Read the agreement carefully to make sure you can afford the monthly payments.

How to apply for a Payday Loan by phone?

There are several options to apply for a Payday Loan at Loan by Phone:

  • on their website
  • by calling their toll free number 877-577-7977
  • by fax (First-time applicants would fax their loan application to 877-577-7978. Returning applicants can fax their loan application to 866-451-3007).

The application process is quick and simple and consists of several steps:

  1. Go to LoanByPhone’s website.
  2. Fill out your name, phone number, ZIP code and email in the Apply Now section.
  3. Fill out a pre-qualification form which includes your income and bank account info
  4. Submit your application to see if you’re prequalified for a short-term loan.
  5. When the application is completed and submitted to Loan By Phone, the company will contact customers at the number provided on the application to confirm the details. 
  6. Get approved and wait for the money.

What are Loan By Phone working hours, address and phone number?

Loan by Phone's hours of operation are Monday through Friday between 9 am and 9 pm, and Saturday from 10 am to 3 pm EST.

LoanByPhone Customer Service Department address is 201 Keith Street | Suite 80, Cleveland, TN 37311. The phone number is 877.577.7977, fax: 877.577.7978, email:customersupport@loanbyphone.com. The office works on Monday – Friday, 8am to 9pm EST and Saturday, 10am to 5pm EST.

Loan By Phone bad credit loans. What arу Loan By Phone credit score requirements? 

In most cases you can be approved for a Payday Loan or Installment Loan with both good and bad credit score. Applicants with lower FICO score may expect higher rates to make up for the risk LoanByPhone takes.

You may be able to get the necesary funds with NO credit check. If you borrow an installment loan, LoanByPhone will check your credit. LoanByPhone doesn’t run a credit check for payday loans.

24 Hour Loan By Phone customer service. 

When you apply for a payday loan from Loan by Phone, you can receive the money from your loan in as little as 24 hours from when you submit your application. Loan by Phone will process all loan applications received by 7 pm EST. Once your loan has been approved, the money will be direct deposited into your checking account, allowing you access to the funds the next business day.

For additional customer service, the Loan by Phone website has tips and suggestions for money management help. The money management page has links to a number of websites where you can get more information on better handling your finances. Loan by Phone offers these links to help you get out of debt. Though they are more than happy to be there when you need to get a payday advance, they understand that you would only choose to get a payday loan as a last resort.

In what regions does Loan By Phone operate?

LoanByPhone provides their services to residents of the following 24 states:

  • Alabama,
  • Alaska,
  • California,
  • Delaware,
  • Florida,
  • Hawaii,
  • Idaho,
  • Illinois,
  • Indiana,
  • Kansas,
  • Louisiana,
  • Missouri,
  • Mississippi,
  • Nevada,
  • Ohio,
  • Oklahoma,
  • Oregon,
  • Tennessee,
  • Texas,
  • Utah,
  • Virginia,
  • Washington,
  • Wisconsin
  • Wyoming.

Loan By Phone account.  How do I login at Loan By Phone?

To login at LoanByPhone or create a new account you need:

1. If you have already used the company's service just login entering your email address and password

LoanByPhone login

2. If you are a new customer you'll need to create a new account, or get pre-qualified for the loan

LoanByPhone account

3. Calculate the rates and fees of your loan using an online rate calculator

calculator  

4. If the cost of the loan suits you and you can afford it apply for the loan online

LoanByPhone application

5. Agree to the contract conditions 

LoanByPhone contract

4. Get approved for the loan and get the money within 24 working hours.

Loan By Phone promo code. 

LoanByPhone offers various kinds of special deals for both regular and new customers. You can save money applying for a Payday Loan or Installment Loan at LoanByPhone in the following ways:

  • get cashback

To qualify for a payment, you must enter your name and valid PayPal address, and your Cashback balance must be greater than $5. Cashback earned will be in pending status for a certain period of time (to ensure that any returns are accounted for and validity is checked). Once unlocked, a transaction will move from “pending” to “available”

cashback

Find deal and activate cashback

cashback

Shop as usual & make purchases

cashback

Earn cash for every purchase you make

 

 

 

 

  • get current LoanByPhone Promo Code or Coupon

LoanByPhone promo code

  • look for LoanByPhone discount programms

 

  • student discounts
  • birthday discounts
  • senior discounts, etc.

 

 

 

LoanByPhone Payday Loans FAQ
 
Is LoanByPhone online Payday Loan safe?

LoanByPhone is a reliable lender that respects their customers' desire for privacy in managing their personal financial matters. The online cash advance transaction is a confidential one, and they will treat your personal information accordingly. 

LoanByPhone is a member of the CFSA (Community Financial Services Association of America) which means they are a legal authorised lender.

 
 What amount of Payday Loan can I get at LoanByPhone?

State law generally regulates the maximum advance amount available. Within the allowed range, you will qualify for a particular advance amount based on your current income and credit score. The maximum Payday Loan amount that LoanByPhone offers is $1000.

 
What are the rates and fees charged by LoanByPhone?

The fees will vary depending on the amount of your payday loan and your state of residency. Use the Payday Loan online calculator to lear the cost of your cash advance beforу you decide to borrow it.

 
Can I renew or rollover my Payday Loan?

Though some state laws allow rollovers, most do not. Even in states that permit rollovers, CFSA member companies, like LoanByPhone, limit rollovers to either four, or the state limit, whichever is less. In some states that allow rollovers, you must reduce your principal amount with each rollover as specified by state "buy down" guidelines and applicable rollover limitations. Buy downs allow you to make minimum payments for up to 4-6 paydays as specified by your state minimums and limits. You may also buy down in greater amounts. The limiting of rollovers and the implementation of buy downs is a consumer protection designed to encourage responsible, short-term use of the service. It is important that you fully evaluate the costs when choosing to rollover a cash advance or payday loan.

 
What happens if I don't pay off a Payday Loan on time?

Loanbyphone.com is committed to collecting past due payday cash advances in a professional, fair and lawful manner. If they try to debit your account and it is returned by your bank due to insufficient funds, you may be charged a returned item charge if permitted by applicable law. Most financial institutions will also charge a NSF fee for a returned check and in some circumstances might revoke your checking account privileges. You will be responsible for payment in full of your account, including the returned item charge. You will be contacted to collect the amount due.

 
Is there ny chance of criminal actions against me if I default my Payday Loan?

In accordance with CFSA Best Practices, Loanbyphone.com does not pursue criminal actions against a customer as a result an unpaid payday loan. However if you become delinquent, you will be unable to receive another loan through us, information about your account may be reported to credit bureaus, your account may be referred to a collection agency and we may choose to use other lawful means to collect the amount due.

 
Does LoanByPhone offer an extended repayment plan o Payday Loans?

Loanbyphone.com offers customers who are unable to repay their advance an Extended Payment Plan option in accordance with CFSA Best Practice Guidelines in states that permit implementation of CFSA's Extended Payment Plan. This extended payment plan is offered in compliance with any requirement in State Law and/or with CFSA Best Practice Guidelines. To request an extend payment plan you must: Call us at 1.877.577.7977 before 6:00 PM ET on a banking business day prior to your payment date, So, if your loan payoff date is a Monday, you must call us before 6:00 PM ET on Friday (which is the prior banking business day). Have access to a fax machine so the lender can fax you the loan addendum. Fax back the signed addendum to us by 7:00 PM ET the same day. LoanByPhone fax number is 1.877.577.7978.

 
Can I pay back a Payday Loan earlier than agreed?

Yes, Please contact a customer service representative at 877-577-7977 to arrange an early payoff.

 
How can I ask a question or file a complaint to LoanByPhone?

If you have a concern that is not resolved to your satisfaction, you can call 1.877.577.7977 or email the company at customersupport@loanbyphone.com. In the unlikely event you have a dispute that you can't work with the lender, you can take your issue to small claims court or request arbitration, where a neutral third party hears both sides of the issue and makes a binding decision.

 

LoanByPhone Installment Loans FAQ
 
Does LoanByPhone offer Installment Loans?

LoanByPhone does offer Installment Loans, however they are only offered in specific states. 

 
How much does an Installment Loan cost?

The amount of the finance charge for LoanByPhone Installment Loans is different per loan. This is because the amount of interest charged per loan is based upon the principal loan amount and the length of the loan term.

 
How much can I borrow with LoanByPhone Installnent Loan?

Loan by Phone offers Installment Loans from $500 to $3,000. However, state law generally regulates the minimum and maximum Installment Loan amount available, therefore ranges are different by state. Within the allowed range you will qualify for an amount based on your current income.

 
How do I get an Installment Loan?

As part of the application process LoanByPhone will review your information to see if you qualify for an Installment Loan. If you are conditionally approved for an Installment Loan we will notify you on the website at the time of submission. Your application could be approved for a variety of products and will be presented with the options to choose between them.

 
What documents are required to get an Installment Loan?

LoanByPhone may need information, such as a bank statement and/or pay stub, in addition to your online application. Documents may be sent by email to customersupport@loanbyphone.com. Otherwise you may need access to a printer to print.

 
How long does it take to get an Installment Loan?

It takes just minutes to fill out an online Installment Loan application. An approval is given immediately on the website at the time of submission. Once the application is received, a customer service representative will then verify your application information. If all information is verified, your funds will usually be available on the next business day.

 
Can I get an Installment Loan with NO credit check?

No. LoanByPhone gather information from several risk assessment and national databases. It will reduce the risks both of the company and yours.

 
How do I qualify for an Installment Loan?

To be approved for an Installment Loan, you only need:

  • A verifiable source of income
  • An open and active checking account
  • A working home and/or cell and work phone number
  • A valid email address
  • Be at least 21 years of age
  • Be a citizen or permanent resident of the United States
 
How do I get the money?

Once your Installment Loan is finalized, the money will be electronically deposited into your checking account. Typically funds are received on the next business day.

 
Can I get an Installment Loan if I have a bad credit?

Even if you have bad credit, you may still be able to get the money you need from LoanByPhone if you meet their credit check and underwriting requirements, so don’t hesitate to apply!

 

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