Clearline Loans – Apply for Emergency Loan

clearline loans

You might be able to acquire a loan from Clearline Loans as soon as the next working day if you need money for an emergency and don’t have good credit score. Clearline, however, charges exorbitant interest rates and operates in only 13 states.



  • Fast loan funding is possible.
  • Loan amounts as little as $1,000 are available


  • Interest rates are astronomically high.
  • Only available in 13 states
  • It doesn’t improve your credit score

An Introduction to Clearline Loans

Clearline Loans, based in Nevada, is an internet lender that provides small short-term loans for financial emergencies or unforeseen costs. You may have up to 750 days to repay your loan, depending on where you live and the terms of the loan.

Clearline Loans does not conduct “conventional” credit checks, which it claims may make it easier for persons with negative credit to receive a loan. However, you should be aware that Clearline will still run your credit through other national databases.

Here are some further details regarding Clearline Loans.

Features of Clearline Loans

High Interest Rates:

While Clearline may be able to provide you with speedy cash, there is a catch: the lender charges interest rates that can reach triple digits. You may believe that paying large interest rates is worth it in order to obtain the funds you require, but high rates can cause you to return significantly more than you originally borrowed.

Let’s say you borrowed $300 and qualified for a 366.29 percent APR, and you returned the loan in 12 biweekly instalments. You’d have paid a total of $664.27 by the time you paid off the debt, more than double the original loan amount.

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On its website, Clearline explicitly states that their loans are not intended to be a “long-term financial solution.”

Very Fast Funding

You may not have much time to wait for personal loan funding if you need to replace a flat tyre or pay for your dog’s operation.

If your loan is authorised by noon Mountain time on a workday, it will usually be funded the next business day, according to Clearline. (Your bank will determine the exact time.)

No Need to Worry About Credit Checks

Clearline Loans claims that it does not do “conventional” credit checks, which means it does not examine your credit reports from the three major credit bureaus: Equifax, Experian, and TransUnion. Even if you have bad credit, the organisation claims that you may be eligible for a loan.

Clearline claims to have the ability to report to all three main credit bureaus. Taking out a loan with Clearline may or may not help you develop credit, even if you make all of your payments on time.

No Repayment Penalty

If you take out a short-term loan, repaying it as soon as feasible may save you money. If you pay off your loan ahead of time, Clearline Loans does not levy a prepayment penalty.

Small loan amounts

The amount you can borrow is determined by where you live. The loans range in size from $100 to $1,500.

Available in just 13 States

Clearline is only licenced to operate in 13 states: Delaware, Illinois, Kansas, Mississippi, Missouri, New Mexico, North Dakota, South Carolina, Tennessee, Texas, Utah, Washington, and Wisconsin. It may not offer instalment loans in all 13 states.

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Loan Uses

According to Clearline, you can utilise your loan to pay for required or unforeseen expenses like car repairs, medical bills, or emergency travel fees.

Loan cancellation

If you decide not to take out a loan, you may be able to cancel it without having to pay any financing charges or other fees. The duration of the grace period and whether you can cancel the loan depends on the state you live in, however you may have until the next business day to do so.

How to Apply for Clearline Loan

You must live in one of the 13 states where Clearline operates to be eligible for a loan. There is no application for prequalification. Instead, you’ll have to fill out a formal application, which will result in a rigorous credit investigation.

A loan professional will assess your application and contact you, according to Clearline. If you’re approved, you’ll get an email notification, and depending on when you applied, your loan might be funded within one business day.

By your payment due date, you can make payments via ACH, debit card, or certified check.

What You Need to Know Before You Apply

Clearline Loans can have exceptionally high APRs, so make sure you look into other choices before applying for a loan with this company. Consider hosting a yard sale, enlisting the support of friends or relatives, or applying for a federal credit union’s payday alternative loan.

While Clearline loans often offer longer repayment durations than payday loans, their annual percentage rates (APRs) might be much higher, depending on the lender and where you live.

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If you have a financial emergency and don’t have another method to get the money, a loan from Clearline may be a better option than a car title loan because you won’t be putting your vehicle at risk.

However, keep in mind that these loans are quite expensive, so you should only use them as a last choice.

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