Loans

LendingPoint Personal Loan review: is it worth it?

Leard everything you need to know about LendingPoint Personal Loan. Qualify for personalized rates and get the moeny you need quickly!

Advertisement

Get your finances Back on track: up to $36,500!

LendingPoint Personal Loan logo
LendingPoint Personal Loan review. Source: Stealth Capitalist

If you’re looking for a personal loan, you might have come across this lender! In today’s article, we’ll review LendingPoint Personal Loan main features!

LendingPoint Personal Loan logo

LendingPoint Personal Loan: how to apply now!

Looking for an easy way to apply for your personal loan? Learn how to apply for LendingPoint Personal Loan today! Up to $36,500!

So if you need quick money, keep reading! We’ll explain all that is to know about this service!

APR7.99-35.99%;
Loan PurposeHome improvements, emergencies, medical expenses, and more;
Loan Amounts$2,000-$36,500;
Credit Needed660 minimum;
Origination Fee0% to 8%;
Late FeeNone;
Early Payoff PenaltyNone.

LendingPoint Personal Loan: how does it work?

LendingPoint offers unsecured personal loans that can be used for various purposes, including debt consolidation, home improvement, and unexpected expenses!

Thus, the loans range from $2,000 to $36,500, with 24 to 60 months repayment terms. Indeed, this can be an excellent resource for those who need a fast process!

LendingPoint also offers fixed interest rates, which means your monthly payments will remain the same throughout the life of the loan.

So why not experience the convenience this lender offers? So apply today and get the money you need fast!

Is it worth it to apply for LendingPoint Personal Loan?

Extremely happy young black woman holding money in both hands
Is it worth it to apply for LendingPoint Personal Loan? Find out next! Source: Adobe Stock

One of the main benefits of LendingPoint Personal Loan is that it’s available to borrowers with fair credit, with a credit score of more than 660!

This means that if you have less-than-perfect credit, you may still be able to qualify for a loan with LendingPoint.

LendingPoint offers flexible repayment terms, so you can choose a loan term that suits your budget. Then check out more about the benefits and disadvantages!

Benefits

  • LendingPoint Personal Loan is available to borrowers with fair credit;
  • Flexible repayment terms;
  • The loan funds can be used for various purposes;
  • Hassle-free application process;
  • Check your rate without impacting your credit score;
  • Credit score monitoring services.

Disadvantages

  • It comes with an origination fee ranging from 0% to 8% of the loan amount;
  • LendingPoint may not be available in all states.

What credit scores are required for the application?

Indeed, LendingPoint’s website states that it offers loans to borrowers with fair to good credit, typically with a credit score between 580 and 739.

However, LendingPoint considers more than your credit score when making lending decisions.

Thus, the company looks at your income, employment history, and other factors to determine if you qualify for a loan.

LendingPoint Personal Loan: applying for this loan today

The process is fairly straightforward if you’re interested in applying for LendingPoint Personal Loan. You can apply online and get a decision within minutes.

Moreover, if approved, you must provide additional documentation, such as proof of income and a government-issued ID.

Once you’ve completed the documentation, you’ll receive your loan funds within a few days. So check out how to apply below.

LendingPoint Personal Loan logo

LendingPoint Personal Loan: how to apply now!

Looking for an easy way to apply for your personal loan? Learn how to apply for LendingPoint Personal Loan today! Up to $36,500!

Trending Topics

content

Rewards credit cards: learn their pros and if they are worth it!

Learn about the pros of credit card rewards and how you can use them to save money. Also, are rewards credit cards worth it? Find out here!

Keep Reading
content

What are the retirement accounts alternative to a 401(k) plan?

If you're looking for retirement accounts that will give you the most financial freedom, skip the 401(k). Here are two better options.

Keep Reading
content

Is it possible to make money during a bear market?

Learn about the opportunities that exist in a bear market and how you can take advantage of them to grow your portfolio long-term.

Keep Reading

You may also like

content

No fees and no hassle: Sesame Cash Debit Card review

You just found a game changer debit card! Read our Sesame Cash Debit Card review and learn how to build credit and pay no fees! Let's go!

Keep Reading
content

Wayfair Credit Card full review

Are you looking for a Wayfair Credit Card review? Look no further! Learn what this card offer, including cash back and no annual fee.

Keep Reading
content

Applying for the Indigo® Mastercard® Credit Card: learn how!

The Indigo® Mastercard® Credit Card is perfect for helping you rebuild credit. Find out how to apply correctly.

Keep Reading