iCashLoans (iCashLoans.com) operates under the capacity as an online lending network that allows individuals who complete their loan process to receive approved loan offers from an assortment of online lenders. Partner with over 100 lenders while allegedly aiding over 4 million customers has permitted the iCashLoans lending service to operate for a duration of just under 12 years.
Learn for yourselves what other review sites are unwilling to disclose to you and whether or not iCashLoans renders a dependable loan service or is simply just another lending scheme.
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What Exactly is iCashLoans?
iCashLoans.com is an online platform responsible for helping potential borrowers receive loan offers from a grid of lenders. Requested loan amounts can range between $100 to $1,000 and if approved, borrowers will be prompted to visit the lenders site to review the terms, conditions and fees affiliated with the loan prior to committing. If borrowers decide to accept the offered loan, the lender will deposit money to your checking account as soon as the following day.
How does iCashLoans Work?
As with most lending service platforms, iCashLoans doesn’t actually play an active role in the loan funding process besides connecting applicants with lenders. In order to be considered for an online loan, prospective applicants must fulfill all of the eligibility requirements shared below. While individuals with poor credit are still encouraged to apply, those with better credit will be more likely to obtain a loan.
- Be 18 years of age
- Be a US citizen or permanent resident
- Provide employment proof for at least a 90 day period
- Generate over $1,000 in earnings per month (post deductions)
- Provide an active telephone, email address and contact information
- Provide checking account information for potential payment method if approved
If you meet all the eligibility conditions above, you can fill out the iCashLoans inquiry where you’ll receive an answer within minutes about whether or not you have been approved. It should be noted that since iCashLoans is not a direct lender, your submitted information may be sold to a host of lenders as a potential “lead.”
Who is Responsible for iCashLoans?
In addition, a WHOIS search fails to provide any relevant information regarding to the creators behind the site because the site employs a privacy package. Maybe throughout some point in the past iCashLoans were upfront about their corporate entity but this could have been altered after the accumulating pile up of negative feedback filed by consumers who have endured unsatisfactory and unethical business practices.
iCashLoans Spec Report
- Founded on March 14th, 2005
- Online loan connection service
- Operates as an anonymous platform
- Site fails to disclose lending providers
- Your information is likely sold to lenders
- Under a 5 minute loan application process
- Not openly owned or operated by corporate entities
- Lacks Better Business Bureau business accreditation (F rating)
- This service is only available to USA citizens, not all states are accepted
iCashLoans.com had a SimilarWeb global rank of 574,550 with a US rank of 154,876 as of January 16th, 2018. Due to negative consumer feedback the site has endured a 30% decrease in traffic since last month, while over 81% of the sites visitors are based out of the United States. Approximately 31.22% of all traffic sources are referral based, while display ads account for roughly 43.57%.
iCashLoans.com Review Conclusion
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