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!

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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!

About the author  /  Sabrina Paes

Content Writer, Copywriter, and Ghostwriter. Content marketing professional with 5 years of experience. Specialist in investment, finance, and technology niche. MBA in Marketing at the University of São Paulo, Brazil. Content Writer by Rock Content, and University of California (UCDAVIS).

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