How
to Apply
The first thing that you need
to do if you want to have the chance of obtaining a personal loan using Tidal
Lending is to go to their official website. There, you will find a simple
application form that you will need to fill out with some of your personal and
financial details. Things like your identity, address, and income will be
necessary so that the platform can pair you up with the loan lenders. Within
minutes of completing that form, you will see the available loan offers and be
transferred to the official website of the direct lender of your choice.
Requirements
Probably one of the most
attractive things about Tidal Lending is that it has almost no eligibility
requirements whatsoever. Their conviction is that personal loans should be
easily obtainable for everyone who needs some financial support. Taking this
into account, it’s worth noting that your credit score doesn’t influence your
chances of being accepted for a loan. You only need to be of legal age and a
permanent resident or citizen of the United States. Any other details don’t
matter at all when it comes to finding a good personal loan.
Privacy
and Security
Tidal Lending positions
itself within the legal privacy and security limits that are imposed by the
industry. This means that your details will only be shared with the direct
lenders that are partners and only when it’s time to be selected for a personal
loan. Both your bank and personal details will only be used to pick the most
suitable offer. Your SSN is used to confirm your real identity and that you are
not using a fake or stolen one. While there are not many online reviews of
Tidal Lending, we couldn’t find any official complaints from former clients or
serious security issues either.
Services
Tidal Lending puts you in
contact with direct loan lenders that offer personal loans. These loans can be
used for any purpose as long as it fits within the $100 to $5,000 borrowing
amounts. Keep in mind that this is only a platform that facilitates the
connection between clients direct loan lenders and doesn’t provide loans on its
own.
Help
and Support
Probably one of the downsides
of Tidal Lending is that the official website doesn’t clearly provide any means
of contact where you can state your problem and get an answer. However,
considering that this is only a loan marketplace and doesn’t offer loans
itself, you likely won’t have any reason to contact Tidal Lending. The only
problems that could appear will likely be linked to the direct lender of your
choice and you will need to contact them instead, not the platform. Besides
that, the lack of contact details means that Tidal Lending will not cause you
any problems before and during the application procedure.
However, in case you truly
need a bit of loan-related info, you can easily access the FAQ section on the
official website. While relatively short, it’s still a very good source of info
in case you are completely new to this industry. The page offers info on their
services and loans in general.
Summary
All in all, it’s probably
clear that Tidal Lending does everything in its power to link clients to direct
loan lenders most simply and quickly possible. This can be seen from their
extremely user-friendly platform and straightforward application process.
Besides that, the fact that there are no complaints about this marketplace
should make any possible future clients even more trusting of their work ethic.
Even if some loan details do not appear on the platform, that’s mostly because
certain details depend solely on the direct lenders, not on the mediating
platform.
