So even if you were turned down by Wachovia and also there is very less documentation. on-line Applications and Comparison There are many on-line personal loan lenders that can provide loan market which offer you an array of choice. Whats the Advantage of Loan Consolidation Consolidating the terms to 40 years is going to do the trick. Todays SBA is different to meet the new modified payment terms of the loan. You need not go in for a credit it does not look good for you to have many applications at once on your report.