|Basic requirement to get the loan|
AL, AK, AZ, AR, CA, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, MH, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA
|APR up to||35.99%|
|Time to money||Next business day|
|Funding Method||Bank account|
Is Lendingpoint Legit?
The process of getting a personal loan has its complications and pitfalls. To escape any nasty situations, people are seeking reliable ways of money loans. “LendingPoint” is one of the companies that provides its clients with personal loans and fair credits. After reading this review, you will be well informed about the credit options of the lender and will better understand why to choose “LendingPoint” as a loan company.
Thinking about the legitimacy of this organization, we should pay attention to the large number of customers that regularly apply to the lender. In comparison with other online lenders, “ Lending point” has a high rate score and provides its customers with quality and fast service. Despite the rare criticism (which every organization has, though), the company always tries to improve its work.
Info About Lendingpoint
Why should we choose “LendingPoint” as our lender? “LendingPoint” is an online platform that offers personal loans even to clients with a bad financial reputation. To apply for the loan, your credit score needs to be at least 580, which is not much in comparison with other lenders. The APR of a lender varies from 15% to 35%. Despite the high maximum Percentage, millions of clients continue choosing “LendingPoint” because of the possibility of getting credit with a bad credit history. There are also no prepayment penalties, so there’s an opportunity to close the loan faster.
An amount of a personal loan can range from $2.000 to $36.500, and the loan term is from 24 to 60 months. This money you can use for your personal needs and no explanation is needed of how you are going to use this money after receiving it.
Due to a responsible and serious approach to every client, the company has offered personal loans for over 5 years. The agencies of the “LendingPoint” are located in 49 states of the US except for Nevada and West Virginia.
A loan application will not take much time. To apply for a personal loan, you have to be at least 18 years of age, and your yearly income should achieve a minimum of 20.000$. To get the loan, it is also important to live in the same state where the agency is located.