In this day and age where you can do just about anything online, it makes sense that the same rules should apply for finance stuff, like getting a loan. So, what does it mean when we say 100% online?
There’s no difference when it comes to loans, either. The cool part is that 100% online loans mean you can apply 24 hours a day, 7 days a week. And you don’t need to run around town physically handing in pieces of paper or having to endure bad hold music on the phone for hours.
What are the benefits?
It also means that the whole loan process is easier and faster. From the first stage of designing your loan, where you can use your web browser to select the amount you intend to borrow. Then you complete all your information details we need online. Next, up – it’s time to see your loan contracts. At Moola and Need Cash Today even this is all done online, thanks to our state of the art technology of our systems. And thanks again to the Internet, the way we pay loans is also 100% online, where we’re able to credit your bank account immediately.
Plus, because everything is just a few clicks away, keeping track of your repayments is nice and simple too.
Hang on, is it secure?
When it comes to conducting personal business online, particularly anything to do with finance, it’s perfectly normal to be wondering about security. Especially when the news is full of stories about issues with Internet security and people breaching it. But rest assured, 100% online loans are perfectly safe if you’re applying with a reputable lender like Moola.
That’s because at Moola we use a whole bunch of security, like encryption technology and firewalls, to keep your personal information safe and sound.
Will my details be private?
The whole foundation of the policy is protecting your personal information, however, it’s a great indication that the online provider also takes the collection of it seriously. In fact, it’s all bound by legislation in the New Zealand Privacy Act 1993.
At Moola, we request certain information to help process your loan application so you get your finance needs to be sorted quickly. Obviously, we’ll get all your contact details, but we’ll also need to get other details like income levels and your employer’s name as well.
So why go with an online lender?
Sure, there’s the obvious one – ease. It’s not always easy to duck out and go to a physical address. The fact you can do the whole lot online means no running around town or trying to time a mission during break times at work. Another key one is the simple fact that in New Zealand you’d be pressed to find a loan store open 24 hours a day, seven days a week. Fortunately, the Internet is always open – so is Moola!
There’s no paperwork flying back and forward either. Unlike some other lenders, Moola won’t ask you to photocopy or fax documentation to us. Besides, who even has a fax these days?
Make the easy choice for a fast little loan
Once you take all those considerations aboard, the question isn’t why to choose a 100% online loan provider like Moola… the question should be “why not?” As you’ll quickly see, up to $5,000 could be just a few clicks away.