Direct Lending 101

It’s not uncommon to feel stuck when you are searching for financial resources, especially during an emergency. Many people may opt for banks when they need large amounts of money. However, there are many direct lending solutions available, including payday loan alternatives.

Borrowing money doesn’t need to be complicated when you choose direct lender loans online. With direct lender loans, you know what you’re getting and who you’re doing business with. If you’re looking for a personal loan or a short-term installment loan, you may enjoy working with a direct lending company like Blue Trust Loans.

What Is Direct Lending?

Direct lending is the act of providing funds in the form of a loan to those who need it. People who need financial assistance can work with companies to receive direct lender loans without going through third parties, like online lead aggregators.

You might have used an online lead aggregator in the past without realizing it. Loan lead aggregators typically have websites where people can submit their information for a loan. Instead of lending the money directly, though, lead aggregators sell your information to direct lenders and agents. If your information is purchased as a loan lead, you’ll be redirected to the website of whatever lender has purchased it, to see any loan offer they may make to you. It may or may not meet your needs.

When you apply with a lead aggregator, you don’t know which company will purchase your application information and potentially offer you a loan. When you apply directly with a lender, you know who you’re doing business with and what they have to offer.

What Do Direct Lenders Do?

Direct lending companies provide you with funds if you qualify when you apply directly with them. They may also work with lead aggregators to buy loan leads. When you as the customer opt to skip the middleman and apply directly with the lender, you’re in control and choose who you’re going to be doing business with.

Your relationship with your direct lender will be one on one, which could ease communication. You also know what to expect and what benefits your direct lender offers. For direct lenders like Blue Trust Loans that offer a loyalty rewards program, you also know that your loan will count toward your rewards, instead of taking a chance on which company may buy your information from a lead aggregator.

Benefits of Working With a Direct Lender

Obtaining money loans with a direct lender has benefits, such as:

  • Allowing you the freedom to search for a lender offering quick loans that fit your particular needs
  • Knowing ahead of time what to expect and the perks and benefits you’ll get
  • The security and transparency of knowing who you’re working with

Why not choose the lender that suits you best? Choosing a direct lender is an excellent way to ensure you’re satisfied with your loan experience. You’ll have the opportunity to build a personal relationship with your lender. We think borrowers deserve flexibility, convenience and an effortless cash-release process.

Blue Trust Loans – Your Reputable Direct Lending Company for Installment Loans

Blue Trust Loans is proud to be a direct lender for cash loans online in the form of installment loans, a payday loan alternative for emergency funding. You can apply for cash online with Blue Trust Loans and become approved for an installment loan of up to $3,000.

Online installment loans are available to you through Blue Trust Loans. For more direct lending information, how you can obtain same-day funding* and next-day loans, or our installment loan rewards, contact us today at 877-770-2682. Our direct lending company is here when you need us, 24-7.

 

Related Reading:

Everything You Need to Know About Installment Loans

Secured vs. Unsecured Loans

 

 

 

*Same Day Funding is available on business days where pre-approval, eSignature of the loan agreement, and completion of the confirmation call, if a call is required, have occurred by 11:45 a.m. Eastern Time, and a customer elects ACH as payment method. Other restrictions may apply. Certain financial institutions do not support same -day funded transactions. When Same -Day Funding is not available, funding will occur the next business day.

 

The content on this site is for informational purposes only and is not professional financial advice. Blue Trust Loans does not assume responsibility for information given. All information should be weighed against your own abilities and circumstances and applied accordingly. It is up to the reader to determine if this information is safe and suitable for their own situation.

 

Hummingbird Funds, LLC is a sovereign enterprise, an economic development arm and instrumentality of, and wholly-owned and controlled by, the Lac Courte Oreilles Band of Lake Superior Chippewa Indians (the “Tribe”), a federally-recognized sovereign American Indian Tribe. This means that the Hummingbird Funds’ installment loan products are provided by a sovereign government and the proceeds of our business fund governmental services for Tribe citizens. This also means that Hummingbird Funds is not subject to suit or service of process. Rather, Hummingbird Funds is regulated by the Tribe. If you do business with Hummingbird Funds, your potential forums for dispute resolution will be limited to those available under Tribal law and your loan agreement. As more specifically set forth in Hummingbird Funds’ contracts, these forums include informal, but affordable and efficient Tribal dispute resolution, or individual arbitration before a neutral arbitrator. Otherwise, Hummingbird Funds is not subject to suit or service of process. Nothing in this website is intended to waive or otherwise prejudice Hummingbird Funds’ entitlement to these protections. Neither Hummingbird Funds nor the Tribe has waived its sovereign immunity in connection with any claims relative to use of this mobile site. If you are not comfortable doing business with a sovereign instrumentality that cannot be sued in court, you should discontinue use of this website.