Personal Loan

In this comprehensive review, we explore LendingPoint personal loan designed to meet diverse financial needs. Discover how LendingPoint stands out with its competitive interest rates, flexible borrowing limits, and rewarding perks.
2000 - 36500 $
Loan Amount
24 - 72 months
Repayment Term
7.99 - 35.99 %


General Info
 Loan Amount Loan Amount
2000 - 36500 $
Repayment Term Repayment Term
24 - 72 months
Required documents Required documents
Do I fit in?
Age Age
from 18 years
Credit Score Credit Score
Income required Income required
35000 $
7.99 - 35.99 %

How to Apply for a LendingPoint Loan?

  1. Visit website. Go to LendingPoint's official website to start the application process.

  2. Check Your Rate. Look for the option to check your rate, which is usually prominently displayed on the homepage. This step is designed to give you an idea of the loan terms you might qualify for, without impacting your credit score.

  3. Select Loan Amount. Use the slider or input box to choose the amount you wish to borrow. LendingPoint offers personal loans ranging from $2,000 to $36,500.

  4. Select Loan Purpose. From the dropdown menu, select the reason you are seeking a loan, such as debt consolidation, home improvement, medical expenses, or other personal financial reasons.

  5. Fill Out the Application Form. You will need to provide personal information, including your name, address, date of birth, and employment details, among other things, to complete the application form.

  6. Submit Supporting Documents. Depending on the requirements, you may need to upload or submit additional documents that verify your income, employment, and identity.

  7. Review Loan Offer. After submitting your application, wait for LendingPoint to review your information and make a loan offer. This process includes a review of your credit history and financial condition using LendingPoint's proprietary scoring and underwriting system.

  8. Accept Loan Terms. If you receive a loan agreement and agree with the terms, including the APR, loan amount, and repayment period, you can accept the offer to proceed.

  9. Verification and Final Approval. LendingPoint may perform additional verifications before giving final approval for your loan. This might include checking your credit score in more detail or verifying the information you've provided.

  10. Receive Funds. Once your loan is approved and all necessary verifications are completed, LendingPoint will disburse the funds to your account, often as soon as the next business day.

Conditions and Requirements


  1. Loan Amounts. Loans are offered from $2,000 to $36,500, allowing for a wide range of borrowing needs.

  2. APR (Annual Percentage Rate). The APR ranges from 7.99% to 35.99%, which is determined based on the borrower's creditworthiness and other factors.

  3. Loan Terms. Borrowers can select loan repayment terms from 24 to 72 months, providing flexibility in loan duration.

  4. Origination Fees. Depending on the borrower's state of residence, origination or other fees up to 10% may apply.

  5. Use of Loan. Loans can be used for various purposes including debt consolidation, home improvements, medical expenses, and other personal financial reasons.

  6. Disbursal. Funds are typically sent via ACH the next non-holiday business day.


  1. Personal Information. Applicants must provide personal information including name, address, date of birth, and employment details.

  2. Credit Check. LendingPoint conducts a soft credit check that does not impact your credit score initially to pre-qualify applicants. A more detailed credit review is part of the final approval process.

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

  4. Identification Verification. A valid government-issued ID, such as a driver's license and SSN may be required for identity verification.

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

  6. Legal Residency. Applicants must be legal residents of the United States.

  7. Age Requirement. Applicants must be of legal age (at least 18 y.o.) to enter into a contract in their respective state.

Company documents

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Update 27.03.2024