Xmas Loans 4 U Reviews
About Xmas Loans 4 U
XmasLoans4U.com is the online home of Xmas Loans 4 U, a loan matching service that specializes in personal loans from both short and long term lenders for customers who have bad credit or no credit.
How Does It Work?
Xmas Loans 4 U acts as a loan matching service, which means they do not actually supply borrowers with the money themselves, but instead are responsible for gathering all the necessary information that will be looked at by the lenders that will provide you with your loan.
To do this, their website asks that people fill out a short application, which should take just a few minutes to complete, and includes information like your credit score, your reason for requesting the loan, and some other basic personal and financial information.
Xmas Loans 4 U wants to make it very clear to their customers that they have absolutely no input in deciding whether or not a customer is approved for a loan or over which lender a particular customer will be matched with.
Using this website is completely free, but the cost of accepting a personal installment loan depends on how much money you have borrowed, the length of time you take to pay it back, the interest rate that is being applied, and whether or not you incur any additional fees or charges during the term of your loan.
Their website says that it is required by law that a lending company clearly disclose the APR they are planning to charge you in the terms of your loan, as well as whether or not they have any additional fees or penalties for late payments. It is up to the borrower to read and understand these agreements in full before accepting them.
Personal installment loans do not have Refund Policies, but they may have periods during which they can be canceled and the borrowed money can be returned without any payment of interest or penalties - this information should be included in the terms of the loans that are provided to you and will vary depending on which lender you are matched with or which lender you ultimately choose.
Customer Service Contact Info
Customers who are interested in contacting Customer Service with questions, concerns, or complaints will not be able to do so at this time, because this company provides no direct contact information.
This company does not yet have many customer reviews, but because it is a loan matching service that works with short term loans and payday loans, there are independent evaluations which can be made of this company.
First, these types of loans are considered so predatory and so dangerous that they are actually illegal in some states and severely restricted in many others. Customers who believe that there is no other option for their financial needs than through one of these loans will want to take time and effort to very closely read and understand all the terms of the loan before they accept them.
In addition, this company requires that you release your contact information to marketers and advertisers of these kinds of loans once you submit your information, so customers are basically guaranteed to be bothered by phone and email by salespeople and lenders. The bottom line appears to be that customers should avoid this website and use alternatives.
Competitors and Alternatives?
There are many different websites that offer this same type of free service, where they match up borrowers with qualified lenders, including PersonalLoans.com, ClickNLoan, BetterLoanChoice, Speedy Net Loan, and many more.
If you have experience with this company or their products, please leave your Xmas Loans 4 U reviews below.