Frequently asked questions
Answers about Loans Today, requests, rates, credit checks and your data.
About Loans Today
Is Loans Today a lender?
No. Loans Today is a loan-matching service, not a lender, broker or agent of any lender. We do not originate, fund, broker or service loans and do not make lending decisions. Any loan agreement is solely between you and the provider.
Who operates Loans Today?
Loans Offer Today LLC, 1551 Three Crowns Dr, Casper, WY 82604-3174, United States. Learn more about us.
Does using Loans Today cost anything?
No. Creating a request, being matched with providers, comparing offers and using the calculator and Rates tab all cost $0.
How does Loans Today make money?
Providers or marketing partners may compensate us when a request is matched or an offer is accepted. This may influence which providers are displayed and their order, but it does not change the APR, fees or terms a provider offers you. See How we make money.
Does “Loans Today” mean I’ll get money today?
No. Our name describes our app, not funding speed. We do not promise same-day decisions or same-day funding. Funding times are set by the provider.
Requests and offers
Who can submit a request?
You must be at least 18 years old (19 in Alabama and Nebraska, 21 in Mississippi), a U.S. resident with a source of income, an active bank account in your own name, and a valid email address and phone number. Meeting these criteria does not guarantee an offer.
What information will I need?
In the app: the amount you want to request; your name, date of birth, ZIP code and state; your email and phone number; and your income source, employment status, time employed and approximate monthly income. Depending on the providers available to you, the request form on our website may ask for more.
What are the three consents?
Before anything is shared, the app asks you to: agree to our Terms of Use and Privacy Policy; authorize us to use your information to review your request and match you with available options; and authorize us to share your information with participating providers. Nothing is shared until you give all three.
What happens after I submit?
The app shows one of two answers: “Request received”, when providers are reviewing your request, or “No offers available right now”, when no provider could make an offer this time.
Is approval guaranteed?
No. Submitting a request does not guarantee approval, funding or a specific offer, and you are never obligated to accept an offer.
Will providers contact me?
They may. The providers you are matched with may contact you about your request by email, text message and phone. Reply STOP to stop text messages.
Rates, terms and fees
How much can I request?
From $100 to $5,000.
How long are the repayment terms?
From 3 to 30 months. No provider offering loans through Loans Today may require repayment in full in 60 days or less.
What APR should I expect?
APRs range from 5.49% to 35.00%, depending on your profile, the amount requested, provider criteria and applicable state requirements. See Rates & terms for representative examples.
Are there any fees?
Loans Today never charges you a fee. Provider fees vary and may include origination or late fees. Some providers do not charge prepayment penalties. Final fees are shown in the provider’s loan agreement.
Is the calculator result an offer?
No. The calculator and the Rates tab are for information only. Results are estimates based on the numbers you enter, not offers, quotes or credit decisions.
Credit checks and payments
Does submitting a request affect my credit score?
No. Loans Today does not check your credit, and submitting a request through Loans Today does not affect your credit score.
Will a provider check my credit?
It may. Providers may review your credit history and verify your identity, income, employment and bank account. A provider may perform a hard credit inquiry, which can lower your score, if you continue with its offer.
What if I miss a payment?
The provider may charge late or returned-payment fees, pursue collection as permitted by law and report the payment to credit bureaus, which can lower your credit score. If you expect to miss a payment, contact your provider before the due date.
Who do I contact about an active loan?
Your provider. Loans Today does not service loans, so questions about payments, balances or due dates go directly to the provider.
Your data and privacy
Do you sell my information?
We do not sell personal information to data brokers. However, because providers or marketing partners may compensate us when we share your request, this sharing may be considered a “sale” or “sharing” under some state laws. You can opt out at any time.
How do I opt out of the sale or sharing of my information?
Email support@loansoffertoday.com with the subject “Do Not Sell or Share”, or turn on Global Privacy Control in your browser. See our Do Not Sell or Share page. If you opt out, we will not be able to send your request to providers.
How do I delete my information?
Use Contact Support in the app or email support@loansoffertoday.com. We delete or de-identify your information within 30 days, except records we must keep by law. Information already sent to a provider is held by that provider.
Are the amounts I enter in the calculator shared?
No. Amounts you enter in the calculator are used only to show your estimate and are not sent to providers.
Does the app access my contacts or photos?
No. The app does not request access to your contacts, photos, camera, microphone or precise location.