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You are applying for a loan and you need cash fast!!!

We have good news for you, all loan programs that we handle are all highly reputable and top banks that process you loan request without sacrificing their credit standards!

Your loan applications could be approved in just 1-5 banking days.

However, in some cases, it takes longer than the usual 1-5 banking days. Find out what causes the delay in the loan application processing to avoid it!

The Personal Loan processing flow looks a little something like this:

Stage 1:

Submit your completely filled out application form and complete requirements to Mc Loan Pro for pre-screening and evaluation. Mc Loan Pro checks to make sure that all documents are clear, readable and complete. We also evaluate if the applicant is qualified in the standard set by the approving bank (age, income, work tenure, industry type, location etc). Applicants who did not pass the prescreening and evaluation will be advised accordingly as well as those who qualify for the next processing stage.
 

TIP: Check out first the qualifications and requirements of each loan product offered at this website. Submit an online application; make sure that you did not leave any field blank, for items not applicable, type N/A. Scan the original documents in full view (make sure all areas of the documents are visible on 1 page). Avoid scanning the photocopies of the documents for clarity. Then attach your complete requirements to your online loan application for proper evaluation or email it at mcloanpro@gmail.com.

WARNING: Never submit documents that have been tampered or altered whether manually or digitally by yourself or others. These are grounds for outright rejection and may be suspected as fraudulent documents. The banks' fraud experts are able to detect tampering and fake documents.
 

Stage 2:

Applications that passed the pre-screening and evaluation stage will be submitted to the approving bank for processing.
 

TIP: The approving banks’ cut off is 9 am during banking days. Allot at least 1 day for the pre-screening and evaluation for your application.
 

Stage 3:

Approving bank will screen the documents submitted for any missing information and requirements then check the clarity and completeness of the documents. The bank may require additional requirements from loan applicants. Then the application will be evaluated if it passed the minimum standard required to qualify for processing. If not, the application will be rejected at this point.
 

TIP: Please comply immediately for any missing requirements or additional documents requested to avoid delay in the processing. Unless complied with, the processing will not push through.
 

Stage 4:

Credit check – the approving bank may verify your credit history by encoding your given personal information (name, mother’s maiden name, birth date, current and previous address, current and previous employers etc) in their Negative File Information System (NFIS) to check for any positive match. If you are positive in the NFIS, then your application is rejected at this point.
 

TIP: Tha bank may consider in its sole discretion, loan applications found on the NFIS if the applicant can submit a Certificate of Full Payment (clearance) as proof that the balance has already been fully settled for at least 1 year prior to their  loan application. You must attach this document/s during the Stage 1 of the loan processing to avoid a rejection and rather than apply for reconsideration afterwards to avoid delays.
 

Stage 5:

Credit Investigation (CI) and Information Verification (IV) – The Credit Investigation could covers ALL of the following:
 

a. Employment verification – the CI shall make an ocular visit in your office snd also do phone call verification to your Human Resources Department to verify the office address, status of your employment, work tenure, compensation and other related information.
 

TIP: It is advised that you give your HR contact details (Authorized HR personnel who handles information verification, contact details and best time to call or visit them) to avoid misinformation by unauthorized staff that could give a negative result. If the information gathered during the employment verification does not tally to the information given on your application form and documents, your application may be declined.

Give at least 1 personal reference who is an officemate and 2 relatives.
 

b. Residential verification – The CI shall visit your given residential address to verify correct address and other related information like years of stay and ownership.
 

TIP: Check if your office and residence address is within the serviceable perimeter area of the approving bank. The rule of thumb is, it should be within a 50 kilometer radius of its payment centers and approving bank’s branches.

Give at least 2 personal references who are your relatives and 2 co-workers.
 

c. Personal Information verification – the CI shall call all your contact numbers given (office, residence and mobile numbers) and also any of the personal references given on your application form to verify your personal information such as birth date, spouse details, under whose name is your utility bills and the likes.
 

TIP: Keep your lines open and answer calls promptly even if the number is not listed on your phonebook; unreachable or unanswered calls delay the processing of the loan application because it will be scheduled for another call. The CI may decline the application if the verification process is not completed. Make sure that you do not give out wrong personal information such as your birth date and spouse’s name (spelling) because it could send a very negative signal that could lead to application rejection.
 

Follow our tips above for a smooth CI and loan approval!

Congratulations you loan is approved in just 1-5 banking days! Please wait for our further instructions on how to claim your approved loan!