Q1: What is LoanWin.com
A: LoanWin.com is an online bulletin board for Borrowers and Lenders. Fewer middlemen means more benefit for both the Borrower and the Lenders.
A: Individuals / families who are in need of a loan can register as a Borrower and individuals / companies who want to be a Lender can register as a Lender. LoanWin.com only allows individuals/companies registered under Loan Brokers Act, Mortgage Brokers Act, Government registered Money Lenders, Scheduled Banks and employees/agents of these organizations to register as Lenders. Lenders must provide copies of respective license(s) and a reference letter from their employer or regulator before their registration is complete with LoanWin.com. Institutional investors may also participate on LoanWin.com.
A: Individuals, families, entrepreneurs can list their loan requirements on LoanWin.com.
Q5: What kinds of loans are available on LoanWin.com?
A: On LoanWin.com, a Borrower can list the type of loan he/she is looking for. Please click on the link to identify which category of loan you are looking for and select the relevant type of loan such as home loan, automobile loan, personal loan etc.
A:The length of time to get your loan depends mostly on the type of loan, loan amount and the interest rate at which you want the loan. Your listing runs for 30 days. It is possible to end the listing early if you find what you are looking for.
A:The Lenders contact the Borrowers based on the nature of the loan they want to offer, interest rate, loan amount, length of loan, type of loan, credit ratings etc.
Q9: How can I make changes to my listing?
A:A Borrower cannot make changes to his/her listing once the Lender initiates contact for that listing. However if no Lender initiates contact for the loan, the Borrower can visit my account page and update/modify his/her listing with the changes he/she intends to do.
A:By default, a Borrower gets on to the featured listings page as soon as he/she lists his/her loan. Depending on the volume of Borrowers, the listing may not stay for long in the featured listings page. However, if the Borrowers full details of the loan are mentioned, and theirs is an attractive interest rate, then the listing may appear in the featured listings page for longer. The system validates the data and escalates the listings based on a defined algorithm.
Q11: Definitions of a Borrower and a Lender?
A:A Borrower is a registered member of LoanWin.com who registers as a Borrower and lists his/her loan requirement. A Lender is also a registered member of LoanWin.com who registers as a Lender upon providing satisfactory documentation of registration with any Federal or Provincial Regulatory body in the field of Finance, as described above under "Who can participate on LoanWin.com.
A:Please refer to the legal disclaimer, terms of use and privacy policy on our home page. However if you still have questions to be answered, please send us an email at info@LoanWin.com
Q13: Will you sell or make public my personal information?
A:LoanWin.com has a strong commitment to keeping its members personal information private and secure. We strongly believe that our members deserve the respect when it comes to the privacy of their personal information. For more details, please read our privacy policy.
A:If you forget your password, please go to the forgotten password page to verify your identify by answering a few questions. LoanWin.com will send you instructions to reset your password using the email address you have on file for your account.
Q15: How do I manage my profile?
A:When you initially register with LoanWin.com, you supplied some basic information such as your name, email ID, password and screen name. This is referred to as my profile. If any of your personal information or contact information changes, you can update visiting update and edit my profile section.
A:Most of your questions are clarified when you go through the FAQ's section of LoanWin.com, however, if you have any further questions, please write to us at info@LoanWin.com or you can dial 1-888-442-0445 during EST business hours.
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