- Lower Interest Rates - A personal loan can provide a lower interest rate compared to a traditional loan.
- Flexible Terms - A personal loan can include a more flexible repayment schedule compared to a traditional loan.
- Professional Processing - Preparing a loan via LoanBack demonstrates to your lender that you are treating your relationship seriously, increasing the chances of securing your loan.
- Protect Your Relationship - Using LoanBack to clearly define the terms and requirements of your loan helps protect you and your lender, minimizing the risks to your personal relationship.
- Money Management Skills - Using LoanBack to facilitate your personal loan will help you build the money management skills you need to succeed financially.
Protect Yourself with LoanBack
A personal loan between friends or relatives can help people achieve their dream of going to college, buying a home or starting a business. Unfortunately, personal loans, if not properly set up can put a loan and a relationship in default.
LoanBack helps lenders and borrowers develop personal loans that are clearly structured so that all parties understand their obligations.
LoanBack makes personal lending work!
More info for borrowers
Start your Loan Agreement
Prepare a Loan Proposal
How you ask for a loan can impact your success.
Let LoanBack help you build a simple and professional Loan Proposal you can use to secure your loan.