Did you know that 23.5 million Americans held unsecured personal loans totaling $245 billion at the beginning of 2024? If it sometimes feels as though you're the only one who can't get ahead, don't worry. You really aren't alone!
Today's economic market can make it challenging to stay on budget and stretch your income as far as you'd like. That means less savings for unexpected financial needs. Everyone falls on hard times now and then. That's why Lightning Money Loans is here to help. We work with 50+ lenders and financial partners to make it easy for consumers like you to find the $800 loan they need online.
Use your $800 loan for whatever you need! This can include any number of emergencies, like:
You might also need a little extra for everyday concerns, like:
The internet is a great way to work on getting a loan fast. Many lenders have online loan products that, if approved, can deposit funds into your account as quickly as tomorrow.
The requirements for $800 online loans will vary with each lender. Some may look at your credit history or your employment history. Others will look at both. Be prepared to provide information about yourself, your financial history, and your needs when working with an online lender, and always make sure the site you choose is reputable and safe.
Getting an $800 loan online may be possible without a regular job. Some companies will consider other types of income. You may need to provide information about benefits, pensions, self-employment, alimony, child support, and more to show that you can repay the loan.
You can also look into a secured loan. An unsecured loan isn't attached to anything you already own. A secured loan uses an item you own, such as a car or home, as a secondary promise that your loan will be paid back. If you do not repay the loan, the lender can use that property as your repayment.
Some loans may have additional fees you will need to consider and be mindful of, not just the interest rate. In addition to paying back the original $800, you are also likely to pay additional costs related to borrowing the money, like interest. There may be other fees too, like late payment fees, renewing a loan fee, etc. The lender will disclose the fee schedule to you as part of their compliance with the Truth In Lending Act.
Many loan calculators are available online to help you determine the total interest cost for different payback scenarios. Understanding these portions of your loan agreement before agreeing to a loan is essential.
It may. Depending on the lender, they are likely to do a soft pull on your credit during underwriting to see how much they are comfortable lending to you. While typically a soft pull does not affect your credit score, a hard pull may, and some lenders may do a hard pull on your credit. Contacting many lenders who do this may cause a dip in your credit score.
How well you repay your online $800 loan can also affect your credit. Paying your bill on time or early will improve your credit score. Late payments or loans not paid back in full can hurt your credit score.
The internet is full of companies offering ways to get an $800 loan online fast. The trick is finding reputable companies, but the drawback is spending time filling out endless individual loan requests online from various companies, followed by waiting for responses from those companies.
Lightning Money Loans simplifies this process – we work with 50+ lenders and financial partners to help you find a lender or a financial partner that may be able to offer you a loan. Our service is fast and easy and won't cost you a cent. We are compensated by the lending and financial partners that we work with and submitting your loan request with us is completely free for you. With one simple online form, Lightning Money Loans will share your information with multiple lenders and financial partners to help you find a loan that you're looking for.
Let Lightning Money Loans relieve stress and worry from your online loan search. Just fill out our simple and secure online loan request form, and we'll attempt to connect you with a lender that can service your loan request.
Our lenders and financial partners may be able to provide personal installment loans, cash advance loans, payday loans, and other similar products. If approved, loans may be able to be deposited into your bank account as soon as the next business day!
