Wise Loans Reviews:

Wise Loan is legit, certainly for wise borrowers, if they want a small dollar installment loan. People that need more than $2,000, which is the maximum one can borrow from Wise Loan, would be a little disappointed. On the other hand, there are many who would find the option of payment with greater flexibility to be attractive, when compared to a payday loan. With a minimal charge, one can get the loan amount the same day, if approved. Otherwise, the money gets transferred to bank account the next day for free. Another good thing about this lender is that, there is no credit check- even with a poor credit one is eligible to apply.

Service profile:

Wise loan provides installment loans that can be paid in multiple payments- twice a month. The application form for a personal loan can be filled online, even with a bad credit history. According to the need, if approved, the borrower can have the money the same day or the next day. The APR rate is competitive, and the terms are state specific, so are the maximum amounts of loan. Both credit and payment of the loan are automatic processes. The loan needs to be paid by 186 days maximum (depends on agreement)

Loan Application Information

Terms of Repayment:

The repayment of an installment loan from Wise Loan can be done in 26 bi-weekly payments. During the loan period, one is free to payback the principal any time, which would save some money. A borrower would be charged extra as penalty for late payment. However, one has the chance to contact the customer service prior to the due date to avoid penalty. Wise Loan also offers cash back bonus if loan is paid off promptly. Similarly, a friend referral and other incentives are there for regular customers who can benefit while repaying a loan.

With an active and friendly customer support unit, Wise Loan tries to provide quality service. Although there is enough information about their product and service on the website, they encourage to engage with their executives via phone, or fax. One also can start an email conversation. Their email address is customerservice@essentialending.com. Apart from all these, one can send a direct message on the portal itself.