A World Finance loan is an installment loan that a person can obtain online. The company offers loan products nationwide and offers convenient terms and equal monthly payments. Applicants can apply for a loan online or at a store and receive a decision immediately. If approved, the money will be deposited into the customer’s account within one to two business days.
The company has been the subject of complaints from customers about its practices. In one case, a customer was called by an employee of World Financial Services after she failed to make payments. When the customer did not answer the phone, the employee threatened to get the stuff she supposedly owns. She did not want to have anyone come to her home to take her stuff. When she refused to let them, they knocked on her door.
When applying for a World loan, consumers should know that the loan duration is two years, but they should keep in mind that they can usually renew their loans if they are able to make two payments in the time frame specified. World Financial Services reports to the three leading credit bureaus. By renewing their loans, customers will become eligible for larger loans from the company.
World Finance has three different loan types available. They offer installment loans and personal loans. These are typically four to 46 months long and will accrue interest. The company works with borrowers to determine the best monthly amount. This allows them to make essential payments.
