can quickly and easily disburse loan payments worldwide.
Financial institutions with limited locations can now have global reach, thanks
to Western Union® Easy Loan. This remarkably fast, secure service allows lenders
to send funds of all types to recipients via the Western Union Agent network.
Recipients can pick up the loan disbursement in cash at any one of the Western
Union Agent locations worldwide. Or, a customer may choose to have the payment
sent to another authorized recipient, such as a family member, at a Western Union
Agent location they designate. Western Union is not a lending institution or bank.
Instead, Western Union helps provide financial institutions with worldwide access,
Western Union Easy Loan helps speed and streamline the entire loan disbursement
process. And it's particularly attractive to loan customers with immediate needs
who wish to forward funds to other countries.
How It Works:
Using Western Union proprietary software, the lender authorizes a loan disbursement,
indicating the loan number and the designated Western Union Agent location to
which funds should be sent. Within minutes, the payment is available in cash for
pick up by the recipient at the designated Agent location
(subject to hours of operation of the receiving agent location).
For More Information
For details on Western Union Easy Loan, contact your nearest Western Union Agent
location or contact us.