Apply for Personal Loans Over the Phone

A personal loan application can be completed very easily over the phone. You can get access to loans of up to $5,000 from the comfort of your home.

$2,500
Want to borrow more than $5,000? Click here!

Apply for Personal Loans Over the Phone

We all have a variety of personal needs that must be met but occasionally lack the money to fulfill, whether it's to pay bills, invest, or plan the perfect holiday. Traditionally, a person in such a situation will go to the bank in person to file a pen-on-paper application and wait for approval, which can take days.

However, there is an easier and faster alternative. Mobile loans are easily accessible from your home within minutes and usually involve soft credit checks, which don’t affect your credit history. The application is done, reviewed, and approved online.

What Are Mobile Loans?

A mobile loan is any loan that can be accessed online from your mobile phone or computer. There are quite a number of lenders out there with whom you can be connected, provided that you meet these criteria:

  • You must be 18 and above.
  • You must have a recurring source of income.
  • You must be a US resident.

There are quite a number of mobile loan types. Some examples are listed below:

  • Personal Loans
    These are loans acquired to meet personal needs such as paying bills, consolidating loans, making home improvements, and more. It is also the type of loan acquired for personal business purposes, such as investing or starting up a business.
  • Auto Loans
    An automobile or car loan is taken out to acquire a vehicle.
  • Payday Loans
    Payday loans are short-term loans that are to be repaid when you receive your next paycheck. They usually span about 15-30 days.
  • Title Loans
    To acquire a title loan, you need to own a vehicle and have proof of ownership. The vehicle title will be handed over to the lender till you pay the debt as a form of guarantee of payment.

How to Keep It Safe When Applying for a Mobile Loan

In a world with an alarmingly high rate of fraud and information theft, security when applying for a mobile loan should not be taken lightly. Here are some pointers to take note of:

  • Ensure That the Company Is Registered: Since most businesses are registered at the state level, doing this is simple by going to the state's website where the business was founded.
  • Check the Company’s Website: There are subtle hints in a website link such as this: sites that start with “https” and have a green padlock are usually encrypted and therefore safer.
    One should also pay close attention to the details on the site to fully understand its terms and conditions before accepting them.
  • Only Use Secured, Private Wifi: It is safe to not use public wifi when applying for a mobile loan.
  • Use Trusted Sources Only: Sites like this usually come with mobile applications. Be sure to only download from trusted sources.

How Can CocoLoan Help With Loans by Phone?

CocoLoan connects you with lenders who provide different types of easily accessible short-term loans. With bank-level security, users can rest assured that their data is well protected. As long as you are a US resident and are 18 years old or older with a source of income and an active bank account, these loans can be accessed in 3 simple steps, listed below.

  1. Submit Your Application
    This can be done within minutes by filling out a form that would request your information, such as contact information, home address, source of income, bank information, and other related details.
  2. Wait for Lenders to Review Your Details
    With a large network of lenders who offer different loan types, it will take no time before you start getting offers. Lenders will review your details, and then set their terms and repayment options individually. This way, you have a number of options to choose from.
  3. Get Your Money
    Once you have accepted the offer that suits you best, the lender will deposit the funds directly to your bank.

This can be done on Cocoloan which you can visit on any internet-enabled device.

How Does CocoLoan Compare

default imgWhy Trust CocoLoan?
How much can you get?$50 to $35,000Zero upfront charges
What are the loan terms?1 - 36 monthsEasy repayment
Are credit checks needed?YesMostly soft pulls
Are bad credit accepted?YesAll credit considered
How to apply?Totally onlineSimple and straightforward
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The Advantages of a Mobile Loan

  • It Can be Done From the Comfort of Your Home
    You don’t have to leave your couch to apply for a loan. Once you have internet access, you can be connected to lenders who will review your application, state their terms, and send the funds directly to your account.
  • You Have Options of Rates to Choose From
    There are no fixed rates or terms of the agreement as there are very many lenders who all fix their rates and terms of engagement individually. This way, you have options and can pick whatever works best for you.
  • There Are Mostly Just Soft Credit Checks
    Most online lenders only conduct soft credit checks that do not affect your credit rating. This way, people with low credit scores have the opportunity to get loans.
  • Increasing Credit Limit
    For most mobile loan sites, first-time borrowers usually have a limit as to how much they can get, but the more they pay their dues on time, the higher this limit gets.
  • No Need For Collateral
    In most (but not all) cases, online loans do not require collateral. This way, even if you don’t have something to use, you can still get loans online.
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Get Your Personal Loan Over the Phone Now!

Mobile loans are easy and fast to get. Submit your information today and get connected with one of many lenders on our platform.

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