SMS loans - where can you get?

Loan companies try to introduce as many facilities as possible in applying for loans. You can apply over the phone, from your computer, laptop, tablet ... or even your smartphone by sending a message. Check what is an SMS loan and how to apply for it!

Among the quick online payday loans you will also find SMS loan offers. Every day, most of our time, we do not part with our cell phone, and when we do not have it, we feel a strange anxiety. Loan companies decided to take advantage of this by creating special offers where you can apply for a loan via SMS. Check where you can get such an offer.

SMS loan - who can apply?

There are several offers on the market where you can submit a loan application via SMS. In most cases, this is a service provided to regular customers of the company (this means that a person applying for a loan for the first time in a given company will probably be able to take out SMS loans).

SMS loan - how does it work?

So let's see how it works. Applying for a loan via SMS takes place in several steps:

  1. You will need to register on the lender's website and fill out the application form - there you will provide your basic personal and contact details. Thanks to this, the loan company will be able to verify your creditworthiness and decide whether it can grant you a loan.

  2. Once you've completed Step 1, you will need to prove your identity. Depending on the lender, there are different ways to do this, but the most popular is to transfer $ 0.01 from your account to the lender's account.

  3. When the loan granted to you is repaid, you can apply for another loan, via SMS. All you need to do is send a message to the lender and he will send you an application via SMS. Remember - each company has its own template for an SMS with the application, so it may be slightly different for different lenders. Before you decide to re-submit the application, check what process the loan company you have chosen uses.

Is it worth applying for an SMS loan?

An SMS loan is certainly a very easy and quick way to patch a hole in your budget. If you are a regular customer of a company that has such an opportunity, and you value time and a minimum of formalities, you should consider this offer. Applying for a loan via SMS usually takes a few minutes and you can do it virtually anywhere you are - sitting comfortably in your chair, riding the train, or even walking. Will you admit that this is a very unique way to apply for a loan? Without a doubt, it has many advantages!

1500 $
min. $ 100 max. $ 25,000
24 months
min. 3 months max. 60 months

Installment from: $ 100 *

APRC from 0.00 % *