How do you apply for a Springleaf Financial loan?


Quick Answer

To apply for a Springleaf Financial loan, a person must visit the official website of the organization and complete all of the required information. Springleaf offers both personal and auto loans.

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Full Answer

After visiting the official Springleaf website, a user can click the Apply button to begin the process. The application has three sections. The first section requires a user to enter information related to the loan amount and specific purpose. In addition, the applicant must state whether the loan is being applied for individually or with a co-applicant. The second section asks for more personal information, including name, email address, contact phone number, date of birth and Social Security number. Finally, the third section asks for basic employment information, including employment history, annual income and current bank account status.

Once a user submits all of this information, Springleaf requires proof of employment, residence, income and a copy of a Social Security card, notes the Springleaf website. For each applicant, loans are assessed individually, and the outcome considers factors such as credit history, income and availability of collateral. Recipients of loans can view billing statements, schedule payments and update contact information through the Springleaf website. Applicants who do not receive a Springleaf loan receive either a physical letter or email that states the specific reason.

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