Private Loan Shop

Reviews, Ratings And Fees

April 2024 · Written By Caitlin Wood

Address

Business Hours

24/7

Website

https://privateloanshop.com/

Private Loan Shop: Overview

Now that the lending world is accessible online, Private Loan Shop may be the place to go when you need a payday loan, personal loan, or other loan-based product with a financing amount of up to $50,000. Applications can be filled out 24/7 through their web portal from any laptop or home computer. They consider clients from all walks of life, financial backgrounds, and credit ratings. Qualified Canadian and U.S. borrowers can expect to receive financing 24 – 48 hours following approval. The more qualified you are, the better rates you can secure. Check out their website for more information.

Services & Products

Private Loan Shop Offered Services

Payday Loan

Loan Range: $500 - $50,000
Interest Rate: 15 - 30%
Terms (Months): -
Funding Time: Within 24 hours
Funding Method: Direct deposit Interac e-Transfer
Repayment Options: Automatic debit
Eligibility: 18 years of age or older Steady employment Minimum monthly income of $1,000 Active bank account
Requirements & Documents: n/a

Reviews

Reviews & Rating

Reviews From Experts

Private Loan Shop’s website loads fast and is mobile friendly. It has lots of reviews from different sources and a basic FAQ page. It could improve its accessibility though – it doesn’t appear to have a 1 800 number, a presence on social media or a chat service on its website.

Application simplicity

Reputation

User experience

Information and transparency

Accessibility