Feeasy

FAQ

What is Feeasy®?

Feeasy is a loan comparison platform which helps consumers browse and select pre-qualified loan offers from dozens of major online lenders and banks without impacting your credit score all in one place.

Is Feeasy® a lender?

Feeasy is not a lender. Our service connects you with the dozens of major online lenders through a singular search. Our website will submit the information you provide on our “check my rate” form to the lending partners in Monevo’s database, who will first use a soft credit check(s) too assess your eligibility for a personal loan. You may receive multiple loan options within a few seconds of submitting your information on our online form. You are under no obligation to proceed with any of the loan offers available to you.

How much does it cost to use Feeasy®?

Feeasy® is completely free to use. We will never charge you a fee for our service. Instead, Feeasy may receive a fee or commission for introductions to the lending partners. Using Feeasy® does not impact the interest rates offered too you and Feeasy® does not influence where and how the loan offers appear on your results page. We always present the lowest APR offers first by default.

What credit score do I need for a personal loan?

Minimum credit score requirements vary by lender. To qualify for the best interest rates on a personal loan, you will usually need good to excellent credit. Generally, the better your creditworthiness, the more competitive interest rate you will likely get.

What documents do I need to apply for a personal loan?

To check your rate on our website, you will not need to provide any documents. However, if you move forward with one of the pre-qualified offers presented to you, the lender you select will most likely request: identification (such as a government-issued ID) as well as tax returns, paystubs, and bank statements to verify your income and liquidity. Please keep in mind that actual loan document requirements will vary depending on the lender.

Can I complete the form over the phone?

Feeasy® provides an online service only. We cannot take your personal information over the phone. However, you may call or email us at any time with any questions you may have and a Feeasy® representative will gladly be of assistance.

How fast can I get my loan?

Many of the lending partners on the platform can send funds as soon as the next business day. The amount of any pre-qualified loan offer, if one is made, will vary depending on the lending partner, your creditworthiness, and your state’s laws. There is no guarantee you will be presented with any pre-qualified loan offers, or that upon presentation of any pre-qualified loan offers you will qualify for the rate, fees, or terms shown on the site. Loan terms are subject to change upon the selected lenders final evaluation.

How much can I borrow?

The lending partners on the platform offer loans ranging from $500 to $100,000. The amount of any pre-qualified loan offer, if one is made, will vary depending on the lender, your creditworthiness, and your state’s laws. There is no guarantee you will be presented with any pre-qualified loan offers, or that upon presentation of any pre-qualified loan offers you will qualify for the rate, fees, or terms shown on the site. Loan terms are subject to change upon the selected lenders final evaluation.

I received pre-qualified loan offers. Is there any obligation to proceed?

No, there is no obligation to proceed with a loan. 

How do I complete the process?

After completing our “check my rate” online form, you will be able to review the details of the pre-qualified loan offers you receive from the lenders. If you decide to proceed with one of these options, simply click “continue” on that offer to be sent through to the selected lender’s website to complete the process directly. If you have any questions, please reach out to us.

What if I have questions about my loan?

Since Feeasy® is not a lender, we are unable to assist with specific loan inquiries or provide financial advice. For further assistance with your loan inquiry, please reach out to the lenders presented in your rate search results.

Do you need my social security number?

We require your social security number for lenders to be able to provide you with pre-qualified loan offers. There is no impact on your credit score using the Feeasy® service to receive pre-qualified loan offers, and you are under no obligation to proceed with any of the lenders you receive offers from.

How can I contact you?

If you need any assistance, please live chat with us directly on our website, give us a call at 646-770-1456, or send us an email at info@itsfeeasy.com.

Is the website secure?

Your privacy is of utmost importance to us. We transmit and store your data with SSL encryption and our site operates on a server that is SOC II Type 2 compliant. Please see our Privacy Policy for more information.

Do I need a bank account?

A deposit account in your name is required in order for loan proceeds to be provided to you.

Minimum Period for Repayment: 1 year

Maximum Period for Repayment: 12 years

Feeasy® does not charge fees. Feeasy® may receive a fee or commission for introductions to its partners.

Personal Loan Repayment Example: The following example is for illustrative purposes only and depicts the APR, monthly payment, and total payments during the life of a $20,000 personal loan with a 3-year repayment term, and a fixed rate between 2.99% APR–35.99% APR. It works out to 36 monthly payments ranging from $581.54–$915.96 for a total amount of payments ranging from $30,935.44–$32,974.63. This repayment example assumes that all payments are made on time, with no pre-payments. Actual rates may vary based on repayment term, loan amount, creditworthiness, and other terms and conditions. Each state has specific rules and regulations that govern lending partners. The amount you can borrow, the APR, and repayment term are based on your state's laws, the lending partner, and your creditworthiness.

1 The operator of this website is not a lender or party to any loan or other transaction, does not broker loans to lending partners, and does not make loans or credit decisions. This website will submit the information you provide to lending partners in the database of Monevo through an API integration depending on the information provided, who will first use a soft credit check(s) to assess your eligibility for a loan. The amount of any loan offer, if one is made, will vary depending on the lending partner, your creditworthiness, and your state’s laws. There is no guarantee you will be presented with any personalized loan offers, or that upon presentation of any personalized loan offers you will qualify for the rates, fees, or terms shown on this site.

2 The loan offers that appear on this website are from lending partners from which Monevo receives compensation for its services, tools, and facilities. The underwriting criteria necessary for approval is determined by the lenders (not Feeasy) and it is imperative that you review each lender’s terms and conditions before proceeding with an application for a loan. You must determine which loan works for you and your personal financial situation. All rates, fees, and terms are presented without guarantee and are subject to change pursuant to each provider’s discretion.

3 APR Disclosure: The Annual Percentage Rate (APR) is the yearly cost of credit, represented as a percentage. The APR includes fees related to originating the loan, not just the interest payments. By law (the Truth in Lending Act), the lender must show you the APR before you enter into a loan agreement. States have laws limiting the APR that the lender or partner can charge you. Please read the lender's terms and conditions in full before proceeding with a loan.

Feeasy is completely free to use. We will never charge you a fee for our service. Instead, Feeasy may receive a fee or commission from Monevo for introductions to its partners.

This website does not constitute an offer or solicitation to borrow, acceptance into any particular loan program, or specific loan terms or conditions. Providing your information on this website does not guarantee that you will be approved for a loan.

If you receive a loan offer from one of the lending partners it is imperative that you review each lender’s terms and conditions before proceeding with an application for a loan and please note, that at the point of application with the lending partner you may be subject to a full credit check.

To help the government fight identity theft, the funding of terrorism and money laundering activities, lending partners may verify and record information that identifies you. The operator of this website is not an agent, representative or broker of any lender. We do not endorse or recommend any lending partners.

Terms and Conditions Apply: Feeasy reserves the right to modify or discontinue products at any time without notice. To qualify, a borrower must be a U.S. citizen or other eligible status and meet the lenders’ underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates reserved for the most creditworthy borrowers. If approved, your actual rate will be within the range of rates at the time of application and will depend on a variety of factors, including term of loan, evaluation of your creditworthiness, income, and other factors. Rates and Terms are subject to change at any time without notice. Loans originated by Feeasy are subject to state restrictions and may not be available in all states.

Feeasy is operated by Feeasy LLC, 29 Valley Drive, Suite 4483, Greenwich, CT 06830 United States.

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