Frequently Asked Questions and Answers

What is Personal Lending Group? 

We are full financial services firm & operate nationally across the US. 

What does “pre-selected” mean?

You have met a certain level of pre-screened data criteria that would indicate you may be an eligible candidate & benefit from a debt consolidation loan.

Why do you need to pull my credit report? 

Approval information such as loan interest rates can’t be determined until an underwriting process has been done.  We do a “soft pull” of your credit so it won’t show up as an inquiry or have any type of negative affect to your credit.  Your information will not be shared or sold and is 100% only used to check your eligibility. We follow the standard underwriting process used for all loans applications.

What interest rate do you charge on your loans? 

Rates start at 5.99% and are based on each applicant’s credit profile.  Once your file goes through underwriting we will be able tell you of the exact loan terms you qualify for (rate / monthly payment / term).  

Do you pay off my debt or do I get the money sent to me? 

Funds are deposited directly into your bank account, we do not pay them directly.

Is this one of those things where I stop paying my bills and you negotiate? 

This is purely in regards to an unsecured loan so no this is not a program like that.