Abstract: The present invention relates to methods and systems for on-line loan procurement. More particularly, the invention relates to methods and systems for enabling consumers to apply for a loan or other financing arrangements (including credit cards), lenders to submit bids for such a loan or financing arrangement, and consummating a loan or financing transaction. In one embodiment of the invention, methods for consummating a loan transaction are provided, which comprise providing a website in which a borrower may submit an application for a loan to a plurality of lenders, whereby application purposely excludes information that may be used to identify or contact the borrower. According to such methods, a server is also provided which is capable of (i) receiving the borrower's loan application and transmitting information contained in the application to a plurality of lenders, (ii) receiving loan bids from the plurality of lenders, and (iii) transmitting and displaying the loan bids to the borrower.