What is Wegot1000?
Wegot1000.com is neither a direct financial lender nor a loan broker. It’s an online service which advertises and refers customers to a network of over 100 legal lenders from different states. The website does not refer customers to illegal lenders that do not adhere to the state laws regarding loans. The service states the main difference between getting a loan from a lender in its network is much easier and more speedy than getting a loan from a usual bank.
|Loan types||Min.amount||Max.amount||Period||APR||Documents||Bad credit|
|Payday loans||$100||$1000||Up to 2 weeks||Between 200% and 1386%||SSN, Driver’s License/State ID #||Possible|
|Installment loans||$100||$5000||Up to 12 months||Between 6.63% and 225%||SSN, Driver’s License/State ID #||Possible|
Types of Wegot1000 Loans
We Got 1000 offers tho credit solutions to borrowers: installment loans and payday loans.
- A payday loan is a small personal loan that should be repaid in one lump sum within 2 weeks (to be exact – on the same day you get paid). This credit option is usually used to cover emergency expenses until the person receives their next salary. Payday loans online are perfect for those people who need cash urgently but do not want to take a traditional bank credit;
- An installment loan is a larger personal loan that is to be paid off in several equal installments over a definite period of time, usually within 12 months. This option is perfect for customers who need a small sum of money and can return it sometime later. This credit option allows the person to breathe freely and cover his emergency expenses. These may be home repair, car repair, emergency bills, medications, and so on. Installment loans are easily approved.
Once your loan is approved and the contract is signed, the lender will typically transfer the money to the specified banking account within 24 hours (excluding bank holidays). For instance, if you filled in a loan application on Monday, you should get the money on Tuesday — it’s a good option for emergency situations.
All We Got 1000 loans follow the same basic terms and rules. The client receives a definite amount to cover his unforeseen expenses and must repay the money with interest on the specified date.
If you’re looking for a loan not exceeding $1000, the service will connect you to a legal and trusted payday lender. The amount approved will depend on the loan type, your income, and some other factors. Payday loans online are short-term and do not exceed $1000. But if you need more than $1000, you will be connected to a lender providing installment loans not exceeding $5000. When a customer completes a loan application form, he will be able to choose a sum. The lender will review all provided information and make a loan offer in the shortest time.
To get a loan from Wegot1000.com, customers must meet a few basic criteria:
- Be at least 18 years old;
- Reside in the United States;
- Have a stable income of at least $1000 per month;
- Have an active checking account.
APR is not fixed, it depends on several factors, for example, the loan amount, loan term, your personal details provided, and local state regulations. Generally, APR for payday loans falls between 200% and 1386%, and installment loans fall between 6.63% and 225%. Before you sign a loan agreement, we recommend you read the full terms and conditions that mention the interest rate, repayment terms, and any fees and commissions associated with the loan. The service guarantees that all its lenders do not have any hidden charges. Bear in mind that loan terms vary from state to state, from lender to lender.
Application Process on Wegot1000.com
To get a loan through Wegot1000.com, you have to follow simple 5 steps:
- Choose the money amount you want to borrow and provide your personal information to a loan application form, and Wegot1000 will match you with a reputable lender from its system of over 1000 lenders;
- Complete the loan application for the proposed online lender and upload documents required. If you have already taken a loan with Wegot1000.com, a lender may not require any faxing;
- A lender will make an offer, is possible;
- You carefully read all terms and conditions, and if you like them, you e-sign the loan agreement. The lender will specify the approximate time of deposition to your specified bank account (usually, the next business day).
- Make sure the funds will be automatically taken from your banking account on the specified due date.
The service mention that not every lender has the same loan process. They never make promises of “guaranteed loan approval”. But usually, customers have very good chances for approval.
All Wegot1000 payday loans and installment loans are unsecured, so borrowers do not need to provide a collateral. However, they have to prove that they have a regular income over $1000 a month (it may be from employment or another official source).
I noticed that a loan request form asks for some basic personal details like name, physical address, phone number, email, an SSN number, a Driver’s Licence number, employment information and so on.
An application process at Wegot1000.com seems speedy and easy. I suggest customers will not have any difficulties when filling out a loan request form.
We Got 1000 service allows an automatic loan repayment. Funds will be taken from your specified bank account on the due date. Payday loans should be repaid in one lump sum, and installment loans will be repaid in several equal lumps according to the agreed schedule specified in the loan contract. The service allows such procedure which this may save borrowers time and nerves they would have definitely spent when writing checks or making transfers every month. However, customers must ensure the money is on the account and it’s enough to cover the obligation. if you fail to make a timely loan repayment on the due date, you may incur additional interest and commissions – their amount should be specified in the contract. If you feel that you will be unable to make a timely loan repayment(s), you need to contact the lender as soon as possible to discuss this situation. If you ignore this advice, the lender has the right to initiate collection proceedings.
The lenders in the network of WeGot1000 allow customers to make an early repayment of the loan if they want to. They promise that the remaining interest will be reduced in this case.
According to the website, WeGot1000 lenders are very strict when it comes to loan extensions, but borrowers may request a loan extension or renewal by contacting the customer support service. The lender may allow this if it fits its policy and the state laws. If you think you will not be able to repay a loan in time, you should reach the lender as soon as possible to discuss a loan extension.
Wegot1000.com Bad Credit
First of all, you should understand that Wegot1000.com does not have access to the customer’s credit history. But a lender has the right to perform a comprehensive credit check and assessment using some credit rating organizations.
According to the website, having a poor credit history does not mean you will not be approved for a loan. However, any lender from the network will assess your application and personal details provided. So, you have a chance for an approval even if you have a bad credit score, but your credit history is just one of the factors that influence the lender’s decision.
Technical Characteristics of the Website
Wegot1000 mentions that they understand that customers need a guaranteed privacy in managing their personal issues. That’s why the website uses a 256 bit SSL encryption for data protection. The website’s secure connection is verified by COMODO CA Limited.
The company guarantees that third parties (except lenders from its system) will never get an access to customers’ personal details. 256 bit SSL is considered an advanced encryption which may be enough to protect user data. However, I found no information about the owner of the website (which is sometimes displayed in the left upper corner of the browser). Generally, I am satisfied with Wegot1000.com’s security. Still, the website needs to upgrade its security level to an advanced level.
Checking Mobile Version
For such online services like Wegot1000.com, a mobile version is an important aspect. Google tool says that this website is mobile-friendly, but I’m can’t agree with this statement.
A mobile website is just a smaller version of the original Wegot1000 website. It seems that the website’s owner did not take any efforts to make the website convenient for the mobile audience. There are too many unnecessary secondary information on the front page, and you need to scroll down the page to reach the head menu. I would have loved to see it above. The application process doesn’t differ from the original Wegot1000 version, but when you apply from your phone, you can hardly read the test – it’s too small.
I wouldn’t like to use such a mobile version and would probably search more other more convenient websites. Probably, many customers would do the same thing. The website’s administration has to adjust Wegot1000.com for mobile users and make its interface more convenient.
Unfortunately, this website does not have an antivirus, which increases the risks of getting infected with viruses and other threats that exist on the net. I’m afraid some dangerous programs can get an access to online transactions at Wegot1000.com and steal customers’ financial information.
I think this website HAS TO advance its protective measures and install an antivirus. It’s always pleasant to know that you are fully protected.
Convenience of Using Wegot1000.com
You can start an application process with Wegot1000.com 24 hours a day without registration.
To start filling in a loan request form, you will only need to type in the loan amount you wish to get, your ZIP number, name and email:
As soon as you click on the “Get Started” button, you will be offered to provide some details like personal, employment and banking information. The whole application form can be seen right away on one page, and I think it’s very convenient.
The application looks simple. Just like when using other lenders, you have to provide an SSN and a Driver License number. In some cases, the lender may require faxing.
Wegot1000 discloses approximate loan terms and rates on the website, and I appreciate that, since many lender-matching services do not see the need in specifying loan details – they just mention that they differ from lender to lender or from state to state. It’s nice to see what to expect from the lender right away.
Fresh comes may use an FAQ section which contains answers to the most frequent question customers ask about We Got 1000 services. In addition, the website has its own blog where you can get answers to many interesting questions like how to plan your budget or how to get a loan with a poor credit score. The service provides all basic information a borrower wants to know before starting an application process.
Of course, Wegot1000.com is not a direct lender which means it may take you more time to complete a loan request process. However, I find this service convenient since it can match you with the most suitable lender which also saves time you would have spent searching for the best credit option.
Is Wegot1000.com Legit?
It can be difficult to distinguish between fake or legitimate websites and evaluate its credibility. I wanted to make sure Wegot1000 is providing quality services, so I check its rating on Scam Adviser. The analysis results show that Wegot1000 trust rating reached 71% out of 100% on the safety scale, fortunately, leaving the read and yellow zones behind. Still, the verdict is that there may be a small chance of rick:
I found out that wegot1000.com was registered almost 3 years ago. It is estimated to be worth $216.74 at the moment. Scam Adviser detected no recent malware threats reported. The verification service can’t give Wegot1000 a higher trust rating since the website is rarely visited, uses a service to hide its identity, and its expected life is relatively short. Still, the rating of 71% is above average and I believe this company might be legitimate.
On-site We Got 1000 Reviews
We all know that the best way to confirm the website’s reliability is to read what other customers think about its services and products. Regretfully, I found no Wegot1000 reviews on its native website. I think customers must have an opportunity to share their experience with this company. Since I failed to assess the website’s reputation basing on on-site customer testimonials, I had to search for any comments on independent websites and financial forums.
Wegot1000.com Reviews on Other Websites
Regretfully, there are no We Got 1000 reviews on the net. BBB did not include wegot1000 com in its base either. however, I can’t conclude that this lender tool provides low-quality services. As you remember, this website is not a direct lender, and customers probably prefer to review the final lenders offered by this service. However, I would have been more confident if I had found a few reviews saying that We Got 1000 was very helpful in an emergency situation.
Regretfully, the website does not have a special section devoted to Contact Information. However, screening the website, I came across Wegot1000 email: firstname.lastname@example.org. No other contact details were available: no legal or mailing address, no phone number. I think it’s due to the fact that the company is only a link between a borrower and a lender. However, I know for sure that in some cases people may have questions about the services of Wegot1000. A legitimate website must specify its contact number and phone number. One email address (which you have to search a long time on the website) is just not enough for me.
The main page of the website mentions that Wegot1000 services are available to citizens of Alabama, Alaska, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, and Wyoming.
Wegot1000 payday loans and installment loans are not available to citizens of Arkansas, New York, Vermont, and West Virginia. It’s nice to know this information before applying for a loan. I would not like to figure out I’m not eligible for a loan as I reside in a state where these loans are not available.
Getting a Consultation
In general, Wegot1000.com seems a legitimate an convenient lender-matching service. It might be the easiest way to find the most suitable lender providing payday and installment loans. The loan preapproval request form is easy, and I like that the service provides general information about interest rates, repayment terms, and the loan amounts. Wegot1000 seems to have a rich selection of online lenders, speedy preapproval, quick funding, loan amounts for every need, reliable encryption, a detailed FAQ section. However, some aspects undermine the image of the company: too limited channels for reaching customer support, no customer reviews. Still, Wegot1000.com might be a good service for searching the best loans online, however, there is some risk, and you should review this information carefully before applying. I think Wegot1000 deserves 3 stars out of 5.