top of page

Payments Accepted

-Cash

-Mastercard Debit ($6.95 processing fee)

-VISA Debit ($6.95 processing fee)

-Money Order

-Check

-Automatic Draft

**We are unable to accept any CashApp cards.**

FAQs

1

How does the loan process work?

We will take an application on you, run your credit, and verify your employment of at least 1 year. The amount that you are approved for depends on the purpose of the loan, your credit history, your income, and the items that you have for collateral.

2

Will I be penalized for paying off my loan early?

No! We allow you to pay off your loan early without any penalties.

3

What can personal loans be used for?

Whatever you need extra cash for!

Weddings, vacations, education, home improvement, unplanned emergencies, celebrations, funeral expenses, medical bills, moving expenses...THE POSSIBILITIES ARE ENDLESS!

"I have been associated with Preferred Loans for over 8 years now. The professionalism, impeccable customer service and concern for the client is 2nd to none. My business depends on Shana, Kristen & crew at Preferred Loans!"

Dean Guillot, Facebook

"10/10 customer service!! The online payment option is super helpful!"

Malloree Milton, Google

"The very best of all finance companies I have ever dealt with. The staff goes beyond and above expectations. Would I refer this company: DEFINITELY!!"

Pamela Breaux, Facebook

bottom of page