No. VelhoCapital uses a soft credit inquiry to match you with lenders, which does not affect your credit score. Only if you proceed to apply with a specific lender may they perform a hard inquiry, and that lender will disclose this before you apply.
Yes. We work with a network of lenders who specialize in bad credit and subprime loans. Credit scores as low as 300 may still qualify. Lenders often consider your income, employment, and repayment ability alongside your credit score.
Many of our lender partners offer same-day or next-business-day funding once approved. Emergency and short-term lenders are typically the fastest, depositing funds directly to your bank account within hours of approval.
No. VelhoCapital is a free loan matching and comparison service. We connect borrowers with our network of licensed lenders. We receive compensation from lenders when we refer a qualified borrower. There is no cost to you to use this service.
Loan amounts range from $100 to $50,000 depending on the lender, your credit profile, and income. Terms typically range from 3 months to 84 months. APR ranges from 5.99% to 35.99% for most personal loans. Short-term and payday-type loans may carry higher rates — always review terms carefully before accepting any offer.
Yes. VelhoCapital uses 256-bit SSL encryption to protect all data you submit. We adhere to strict data privacy standards and will only share your information with lenders in our network for the purpose of matching you with loan offers.
No, comparing offers through VelhoCapital is always free. Individual lenders may charge origination fees, late fees, or other charges — these will be fully disclosed by the lender before you accept any offer.
Prepayment terms vary by lender. Many of our partners allow early payoff with no penalty, but some short-term lenders may charge a prepayment fee. Always review your loan agreement's prepayment terms before signing.
You may still qualify. Many lenders accept unemployment benefits, SSI, SSDI, and other government income as qualifying income, provided it's consistent and documentable. See our guide for unemployed borrowers for details.
VelhoCapital's matching service is available to US residents. Some lender partners have state-specific licensing restrictions, so the exact offers you see may vary based on your state of residence.