Speaking of loans, the picture that comes to our mind is that you have to run here and there in search of a proper banker who will offer you lower rates. You also research on how much loan you can get on the asset you place as collateral. You then think of all the time and energy you spend in preparing, attesting, and depositing the documents required. Why take so much trouble when you can get secured loans easily at the click of mouse? You can land up on the website of an online money lender and fill in a FREE application form to ask the loan.

When you are opting for loans with the online money lender, you can also do some checks as to which lender is offering you better deals. You can select them and browse through the schemes offered by each. Once you finalize on a scheme you can fill in the form for loan. The best part when you apply online is that they do not care about your credit score while approving your loan application.

The interest on secured loans is lower than that of on unsecured loans. The interest rate can range between 5 to 10 per cent. You can also select from a range of repayment tenures. For loans that are secured, lenders also offer longer repayment tenures.

The process of availing the secured loans with the online money lenders is easy and fast. Once you fill in the details in the application form, you may be asked to send in the documents related to your asset as well. Once you fax them, it hardly takes any time to assess the value of the asset. Once the asset is valuated, you are informed about the amount you can get as loan against the loan. This does not take more than 36 hours. The best part is that you can get a loan which is equivalent to the market value of your asset.