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Have you ever needed access to quick cash? With Northstar Brokers, you can apply and get approved for short-term loans that can put much-needed cash in your hands in less than 24 hours. Let’s take a closer look at Northstar Brokers to help you decide if it’s the right short-term loan resource for you.
Northstar Brokers is a private lending firm that offers loans to consumers who may have a tough time getting approved for a loan from a conventional lender. Loans are available any time and they have flexible lending requirements. They offer a wide range of loan products, including quick, short-term loans and debt consolidation loans.
The firm has simplified the lending process and promises to use innovative technology to provide immediate approval upon loan submission requests, with funds made available shortly after applying. Borrowers can receive their loan within 30 minutes when they apply in person or within 24 hours when they apply online.
Northstar Brokers offers short term loans between $300 to $3000. This short-term loan provides quick funds almost immediately after loan application and is suitable for those who need emergency funding for a pressing need.
Applying for a cash advance can be done in minutes without all the detailed information and documentation typically required from traditional lending institutions. Moreover, thanks to their expertise and vast network of lenders they work with, they can offer fast loans up to $3,000.
If you take out a loan with Northstar Brokers, the way you repay the loan will affect your loan cost. In general, the short-term loan with Northstar Brokers comes with a weekly minimum finance fee of $12 for every $100 per week of capital you borrow.
Example 1.
If you borrow $500, the minimum weekly finance fee is $60, which is payable when you get your next paycheque. If you opt for a bi-weekly loan, the minimum finance fee would be $120.
Example 2.
You have the option to reduce your overall principal by paying an additional amount toward your loan repayment. Payments made towards your loan will help you get closer to repaying the full loan amount. For instance, if you borrowed $500, you could make the $60 weekly finance fee plus another $100 to bring your loan amount down to $400.
Example 3.
If you are able to, you can pay off the entire amount plus the finance fee to close the account. For instance, you can pay the $60 finance fee plus the entire $500 loan amount to fully repay your debt.
It’s important to note that this is not an installment loan. Instead, the full loan amount is due on your next payday. If you want to renew your loan, you’ll have to request it with Northstar Brokers.
There are plenty of perks that come with applying for a Northstar Brokers loan, including the following:
Along with the benefits of a loan with Northstar Brokers come a couple of drawbacks to consider:
In order to be eligible for a Northstar Brokers loan, you’ll need to fax in certain documents regarding your personal and financial details.
Applying for a loan with Northstar Brokers is easy. Just follow these 3 simple steps:
1. Submit the required documents -The lender will require some documents for review. After you submit this information, it will be sent to Northstar Brokers’ finance firms for approval.
2. Sign your contract – After you’re approved, Northstar Brokers will send you a contract for you to sign.
3. Receive your funds – Northstar Brokers will send you your money soon after you sign the loan contract via online money transfer.
Northstar Brokers offers fast-cash loans that are easy to apply and get approved for, and funds can be deposited into your account within the hour in some cases. But such loans are usually expensive. Make sure you’re capable of repaying the loan in full by its due date before you apply.
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