If you have been notified that you will be receiving an inheritance, but you have to wait for it to be settled in probate court first, you might be wondering if there is an easier way to get your money. In fact, there definitely is. There are many reasons why probate loans might be just what you are looking for.
No Credit Checks
One difficulty with getting a traditional loan is that it requires a credit check. For someone with spotty credit, this can be a dealbreaker. However, a probate or inheritance loan does not require a credit check because the loan amount is based on the verified inheritance you’ll be receiving.
No Payback
While the plan is technically repaid, it is not done so directly by you. The loan company will receive the money from the estate. Additionally, if the inheritance is not the full amount expected, you are not on the hook for the difference. This makes probate loans one of the most stress-free options for lending on the market.
No Hidden Charges
There are no hidden charges or high-interest rates when it comes to these types of loans. In fact, there is no interest at all. You pay a simple flat fee on top of the loan amount and receive the money in as little as 24 hours. It really is that easy.
If you are in the market for a loan of this type, please contact Inheritance Loans USA for more in-depth information.