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How to eSign a document: online signature legitimateness for Home Loan

Hey, WalletHubbers! Today, we’re  talking about signature loans.  Let’s start with a quick overview. A signature  loan is an unsecured loan that does not require   collateral other than the borrower’s signature,  which represents their “good faith” promise to   repay the loan. This signature makes  the loan a legally binding agreement. In general, you can qualify for a signature  loan if you’re at least 18 years old   and have enough income to repay the loan. That’s the short story. There are a few other  key things to know about signature loans, though,   and I’ll take you through them now. First, the major difference between   signature loans and secured loans is that secured  loans require collateral. For secured loans,   the loan amount and the APR you receive depend on  the value of your collateral. The loan amount and   APR for signature loans, on the other hand,  depend on your credit history and income. When you’re ready to look for a signature loan,  you’ll need to check your credit score early in   the process. Checking your credit score helps  you get a better understanding of what loans   you can qualify for. In general, you’ll need  a credit score of at least 585 for approval,   but some loans require a score of 700 or more.  You can check your score for free on WalletHub.  Next, you should pre-qualify with multiple lenders  to help you see which lenders may approve you   and what rates may be available to you.  You can also do this for free on WalletHub.  After you pre-qualify, you  need to compare your options.   The most important things you need to consider are  the fees, APRs, loan amounts and payoff periods.  Once you compare your options, you’ll  need to pick a loan and apply for it.   You may be able to apply over the  phone, online or in person at a branch. Lastly, once you’re approved, you should sign the  loan agreement as soon as possible. This will help   you get your money faster. The longer you wait to  sign, the longer it will take to get your money. Now that you know a little more about signature  loans, it’s time to compare your options.   To see WalletHub’s top-ranked  offers, click the button here.