Is Blue Wave Loans Legit

Is Blue Wave Loans Legit? Find Out Now!

Blue Wave platform is a facilitator or referral service that links borrowers to potential lenders. It is not a broker or a lender.

If you need a quick loan to meet your urgent financial needs you may opt for the services of Blue Wave lenders because they will facilitate the borrowing process without extensive documentation.

Fortunately, the loan application is done online without need for physical verification which makes the whole borrowing process seamless. Not only that, with Blue Wave referral service you can take a short-term loan of up to $10,000 from potential lenders. 

By the end of this blog post, we’re going to find out whether Blue Wave loan is legit or not. Stay tuned as we go through it together.

Eligibility Criteria For Blue Wave Loan

Is Blue Wave Loans Legit

To qualify for Blue Wave loan via their referral service, it is best to know the basic requirements that lenders normally need from borrowers to enable you to get greater chances of securing the loan.

Although there are varying requirements from different lenders since each potential lender has their own policy like giving loans to borrowers with poor credit history.  

Nevertheless, in order to make the loan application process hassle-free, Blue Wave has listed some of the general criteria that is common to most of the lenders.

Without further ado, some of the general requirements for Blue Wave loan are enumerated below:

  • The loan applicant must have a steady and stable income source.
  • Must be at least 18 years old.
  • A functional bank account is also a must to quicken the loan application process.
  • The applicant must be resident in the United States.
  • You must meet minimum income requirements.
  • An active phone number is also needed.
  • A functional email address is required.

Apart from the above general requirements, some lenders may also employ extra measures in scrutinizing your creditworthiness. Some of the additional criteria that most of the lenders may still consider before giving you loan from Blue Wave referral service are:

  1. Checking if you’re addicted to late payment patterns.
  2. They will also check your account to know if you’ve bankruptcy history.
  3. Indebtedness to any other firm will also count against you.

Hence, meeting the above requirements and having good financial history will boost your chances of securing from lenders via the Blue Wave referral.

Is Blue Wave Loans Legit?

As we noted earlier, Blue Wave is not a lender or a broker; they only offer referral services or facilitate loan procurement by accepting loan applications from borrowers and linking it up to potential lenders. They don’t charge a fee for their services.

Hence, since they don’t give out loans, our interest would be on the legitimate nature of their referral. It is also worthy of note that with their referral services, borrowers can take a short-term loan between the range of $100 – $10,000.

When it comes to accessing the referral service of Blue Wave platform, it is safe to say that it is legit since they have been helping borrowers to access loans with ease in the recent past. That being said, it is best to conduct independent due diligence before opting for their service since companies are liable to change overtime most especially when it comes to borrower’s data protection.

Blue Wave Loan Amount

The loanable amount that a borrower can get from the referral service of Wave Blue platform is not fixed because it is totally dependent on the borrower’s creditworthiness, lender’s requirement and state policies where applicable.

However, the loanable amount that a borrower can take using Wave Blue referral service ranges from $100 – $10,000.

The better your credit score the higher the loanable amount that you will get and vice-versa.

Blue Wave Loans Interest Rate

The interest rate of the Blue Wave loan is not fixed since different lenders have their own terms which may invariably determine their interest rate.

Since Blue Wave doesn’t regulate the lending process, it will be a bit difficult for lenders to have the same interest rate hence it is best to go through the terms and conditions of your intended lender before accepting the loan offer.

Blue Wave Loan Application Process

Fortunately, the loan application process using the Blue Wave referral service can be completed electronically which makes the borrowing process hassle-free.

To complete the Blue Wave application process online, follow the steps below:

  • Complete the application form by filling in your details. Ensure that you enter the relevant details correctly.
  • After completing the application, submit it and wait for an approval decision.
  • Blue Wave will link your application to potential lenders where it will be reviewed. If you’re eligible, the loan will be approved for you.
  • Once your loan application is approved, the loan amount will be disbursed to your chosen bank account.
  • Go through the lenders terms & conditions, if it is okay for you then you can accept the loan offer.


It is very important to understand the lender’s terms and conditions like the loan term, interest rate etc to ensure that they’re suitable for you before accepting the loan offer.

Blue Wave Loans Phone Number

For questions, questions or assistance you can contact Blue Wave platform on this phone number (866) 377-8326.

Wrap Up

From all indications, Blue Wave loans seems to be a legit platform linking borrowers to potential lenders for short-term loans via their referral services.

Although Blue Wave platform claims to offer quick access loans while considering even those with poor credit scores which increase the wide spectrum of borrowers, it is apt to conduct due diligence before opting for their services.

However, with a good credit score and record, borrowers can get a higher loan amount from their loan range of $100 -$10,000 and vice-versa.

Borrow responsibly and spend wisely!

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