• Loan Amounts. Loans from $2,000 to $36,500 so you can borrow what you need. However, in some states the minimum amounts is smaller, for example, in Georgia, it's $3,500.

• APR (Annual Percentage Rate). APR ranges from 7.99% to 35.99% based on borrower’s creditworthiness and other factors.

• Loan Terms. Borrowers can choose loan terms from 24 to 72 months.

• Origination Fees. Depending on your state of residence, origination or other fees up to 10% may apply.

• Personal Information. You will need to provide personal information such as name, address, date of birth and employment details.

• Credit Check. LendingPoint will do a soft credit check which doesn’t affect your credit score to pre-qualify you. A more detailed credit review is part of the final approval process.

• Income Verification. You may need to provide documentation to verify your income such as pay stubs or tax returns. Minimum annual income of $35,000.

• Identification Verification. A valid government-issued ID such as a driver’s license and SSN may be required for identification verification.

• Bank Account. A valid bank account is required for the disbursement of funds and repayment of the loan.

• Legal Residency. You must be a legal resident of the United States.

• Age Requirement. You must be of legal age (at least 18 y.o.) to enter into a contract in your state.

Ways to Recieve the Money Once approved by LendingPoint, funds are deposited directly into your bank account via ACH. In most cases, funds are available next business day. Once approved by LendingPoint, funds are deposited directly into your bank account via ACH. In most cases, funds are available next business day. Products LendingPoint Personal Loans. Get $2,000 to $36,500 with a LendingPoint personal loan. Loans can be used for debt consolidation, home improvement, medical bills and more. Application process is quick and easy, customers can get approved in as little as 24 hours. Credit Card Refinancing. LendingPoint also offers credit card refinancing to help customers consolidate high-interest credit card debt into one loan. This can save customers money on interest and make their monthly payments more affordable. Debt Consolidation Loans. In addition to credit card refinancing, LendingPoint offers debt consolidation loans to consolidate other types of debt such as medical bills, auto loans or personal loans. These loans can simplify your finances and make your monthly payments more manageable. Small Business Loans. LendingPoint also offers small business loans to customers who need to borrow for business expenses. Loans can be used for working capital, equipment purchases and more. Other Personal Loans Discover the Best Personal Loans Available Online Your Guide to Loans with Bad Credit Understanding No-Credit Loans: How Do They Work? Understanding Starter Loans: A Guide for Beginners Unlocking the Mysteries of First-Time Loans Understanding the Power of a Line of Credit Easy and Quick Online Loans Applications Your Comprehensive Online Line of Credit Resource Reasons for Loan Refusal

Loan applications can be declined for reasons related to creditworthiness and financial situation. This can be due to low credit score, insufficient credit history, high debt-to-income ratio, unstable employment history or lack of required documentation. LendingPoint’s proprietary scoring and underwriting system reviews each application based on a combination of factors including credit history, income and other financial indicators. If the system determines the applicant doesn’t meet the minimum requirements for approval the application will be declined. Additionally applicants must meet legal requirements such as age and residency status and failure to do so can also result in loan denial.

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How to Repay a LendingPoint Loan?

Repay

To pay a LendingPoint loan, most of the customers find it easy to enroll in Autopay so their payment is automatically deducted from their bank account on the due date. This hassle-free method can be set up or managed at any time through the customer portal or the LendingPoint app. Or if you prefer traditional payment methods such as money order, cashier’s check or certified check, please make them payable to LendingPoint. Mailing address provided in your payment reminders sent via email is where you can send these payments. However do not send your payment to company headquarters as it will delay the processing of your payment. For any questions or assistance with payments, call LendingPoint at (888) 969-0959 or email [email protected] for the correct mailing address.

Loans like LendingPoint

OppLoans

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OppLoans is a notable financial service provider that offers consumer loans varying from $500 to $4,000. They expedite the funding process to ensure that approved applicants receive the necessary funds promptly, which is advantageous for those dealing with immediate financial concerns. OppLoans offers adaptable repayment conditions, giving customers the choice between 9, 12, and 18-month loan terms. This adaptability allows borrowers to opt for a repayment plan that matches their financial ability, ensuring a seamless and manageable loan journey.

Rise Credit

Apply for a Loan

RISE Credit is a reliable online lender that provides loans up to $5,000. They have a streamlined application procedure, allowing borrowers to have funds transferred to their accounts as early as the next business day. They present the flexibility of choosing a payment schedule that fits with the financial preferences of the customers, although some state-based restrictions might apply. A notable feature of RISE Credit is its 5-Day Risk-Free Guarantee, which permits borrowers to revoke their loan and return the principal with zero fees or interest within the given period. Additionally, RISE Credit grants customers complimentary access to their credit score and credit monitoring alerts through Credit Score Plus, offering valuable financial insight.

OneMain Financial

Apply for a Loan

OneMain Financial stands as a distinguished and enduring lender, offering personal loans that range between $1,500 to $20,000. Boasting a century’s worth of experience in the financial sector, they have garnered the trust of a vast customer base. Their loan terms include fixed rates and fixed payments, offering a predictable and manageable repayment scenario to borrowers. OneMain Financial emphasizes personalized service, ensuring that the distinct needs of each customer are addressed. With a widespread network of approximately 1,400 branches, they provide easy access and convenience for individuals in search of financial aid.

Universal Credit

Apply for a Loan

Universal Credit requires applicants to have a minimum credit score of 560, thus excluding those with no credit history. It is appealing for its credit-enhancement features, making it suitable for individuals with fair or poor credit looking to better their scores. Providing larger loan amounts than Oportun and next-day funding upon approval, it emerges as a solid choice for significant, urgent financial needs. Universal Credit extends its loan services across all 50 states and Washington, D.C., offering a wide geographical coverage.

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Important

How to Choose a Lender

1. Make sure to confirm whether the lender is licensed to operate in your state. You can verify this information with your state regulator or attorney general.

2. Check if the lender is a member of a reputable association, such as the Community Financial Services Association of America. Membership in such organizations may provide an extra level of reliability.

3. Carefully review all the terms and conditions of your payday loan contract.

4. Thoroughly examine the interest rates on payday loans and ensure that your contract includes a detailed breakdown of the total cost of the loan.

5. Take advantage of your right of rescission. Usually, you can rescind the loan within three days after signing the agreement. Alternatively, there is typically a "cooling-off" period, which allows you several days to thoroughly review the contract before making an informed decision to enter into a consumer loan agreement based on the terms specified by the lender.

6. Choosing a payday lender is a significant decision that demands careful consideration and a good understanding of how such organizations operate.

Additional Resources

• Full LendingPoint Account Review
• How to Apply for a LendingPoint Loan
• How to Repay a LendingPoint Loan
• LendingPoint Mobile App
• LendingPoint Customer Reviews
• All LendingPoint Coupons and Promo for July 2025
• LendingPoint Loans of July 2025

Sources

• lendingpoint.com

• LendingPoint, LLC | Better Business Bureau® Profile