Misleading
The application was for $1500. It came back for an acceptance of $350. With that, I am paying back more than 1/3 of what I was asking for. To send multiple emails saying you have been approved is misleading as one would think you were approved for the amount applied for, not for 20% of what was needed.
Reply from Instant Loans
Dear Lance Wehrhahn,
Thank you for your feedback. We understand it can be frustrating when the approved amount is lower than what was requested. However, every application goes through a detailed review to determine a responsible offer tailored to the applicant’s financial profile. While the approval emails confirm that your application has been successful, they do not guarantee the full requested amount, only that a loan has been approved. We aim to provide fast access to funds where possible and always act in line with responsible lending practices.