Best P2P Lending Sites Prosper, PersonalLoans com, Zippyloan Review
P2P Personal Loans Reviews:
Need a Loan review? Below are the 4 best p2p lending sites on the internet with personal loan reviews for each. They are the most highly regarded social lending sites which offer some of the most competitive rates and loan packages in the industry. You are bound to find a lender on any of these sites because they each have their own network of lenders that will consider your loan application. Compare personal loans offered on each website to find the best option that suits your needs. These are truly the best unsecured personal loans reviews that you can find anywhere else on the web.
Badcreditloans.com helping people since 1998, so far best place to get small personal loans for bad credit.
- Loan $500 to $5,000
- Repayment terms 3 month to 36 months
- APR: based on your credit score and monthly income
- Best place for bad credit personal loans
- No cost to check your rate.
- Complete the short online application
- Lenders review your application in real time
Bad Credit Loan Requirements:
- Be at least 18 years old.
- Provide proof of citizenship like SSN or legal residency.
- Must have a regular income; Employee or self employed
- Income from disability or social security benefits accepted.
- Have a valid checking account
- Provide both home and work telephone numbers.
- Mention a valid email address
Bad credit Loan Process:
- Simple loan process made to connect you with lender network. If lender accepts your loan request, then lender will verify your information quickly.
- Based on your information given, a lender will respond to you with a loan offer. Please take your time to review all the details before you accept it.
- You can reject the loan offer if it’s not right for you as there is no obligation to accept.
- When you decide to accept the loan offer, then agree to the lender’s terms via e-signature.
- Once you put electronic signature to the lender’s contract, they will distribute the loan to your checking account via direct deposit.
- Funds will be available within 1 working day. But, the exact timeframe will depend on your lender’s deposit process.
- Pay back in monthly installments.
Bad Credit Loans
2661 N Pearl St #431
Tacoma, WA 98407
Zippy Loans is a website where you can submit an online application for a personal loan. And have it to be considered by more than 100 different lenders. This will surely increase your chances of having your application be approved. And getting a personal loan in your hands within 2 business day. Each lender in the Zippy Loans network has numerous personal loan options available. So you are bound to find one that you will qualify for.
ZippyLoan has advanced online security for whenever you submit personal information through their servers. You can apply from any electronic device with an internet connection, whether it is your laptop or mobile phone. In addition, their online application is available 24 hours per day for you to fill out and send. This makes it convenient for people with busy schedules who are not necessarily available to fill out the application during business hours.
Zippy Loans offers up to $15,000 unsecured personal loan. There is no waiting for a decision to be made on your application either. Takes 5 minutes to fill out the application online, a lender will be electronically located for you in real-time. You will then be presented with a list of lenders and the loan rates they are offering. If you find one that meets your needs, you just electronically sign the loan agreement. And then wait for 1 to 2 business days for the money to be deposited into your bank account.
- Loan amount: $300 – $15,000
- Lending period: 6 – 72 months
- Payment frequency: Once a month or twice a month
- APR: Will vary based on your credit score, repayment history and other factors
- Prepayment penalty: None
- All credit type accepted
2220 Meridian Blvd PMB O1409, Minden,
PersonalLoans com Reviews:
PersonalLoans com has simplified the process of requesting a personal loan. When you fill out their online application, you just have to provide your name, age, social security number, and income level. After you submit your online loan application, it will then be circulated through a network of lenders who would most likely be interested in fulfilling your loan request. If one of the affiliate lenders likes what they see, then your application will get approved instantly.
Click on the “Have you tried our compare page” to see the list of online lenders available at personalloans com.
The approval process will be almost immediate. As the system will scan various lenders and choose one that will approve you based on the information you submitted. Then, once you choose a loan package and sign the agreement online, the money you requested will be transferred to your bank account within 1 to 4 business day. The terms for repaying the loan will vary, depending on the loan amount you requested. Most direct lenders of the PersonalLoans.com network will give terms from 3 months to 72 months to pay back the money. The expected APR on the loan could be anywhere from 5.99% to 35.99%.
- Loan Amount: $1000 to $35,000
- APR 6% to 36%
- Loan term 90 days to 72 months
- Min Credit score 580
- Prepayment penalty: None
560 E 200 North, Suite 18
Roosevelt, Utah 84066
Prosper Personal Loan Reviews:
P2P lending has been a common practice throughout the world for a while now. However, the Prosper Marketplace is the very first p2p personal lending marketplace to be formed in the United States. That is why a lot of American citizens are choosing the Prosper Marketplace as their number one provider of personal loans.
Prosper makes it easy to get started with the application process. All you have to do is click the “Check Your Rate” box on the top navigational bar of the website and then you’ll instantly be brought to a page where you have to answer a few basic questions about yourself. After you submit the information, you will immediately be brought to a page which displays all the lowest loan rates available.
There are two fixed terms available on all the rates that are offered. You will get to choose between a 3-year term and a 5-year term. Between the term length and the APR chosen, there are no other hidden fees or charges that you will ever have to worry about. The lenders on Prosper do not charge people any early payment penalties or processing fees like you may find on other lending sites.
There is no small fine print to worry about either. All the financial information and terms about the loan will be in big font and easy to see. Once you officially accept the terms and your application gets approved, you just fill out your bank account information and then wait one business day for the direct deposit of the personal loan to go into that account.
- Loan amount $2,000 to $35,000
- Fixed Loan term 3 years or 5 years
- APR 5.99% to 36%
- Min Credit Score 640
- Prepayment penalty: None
221 Main Street, Suite 300
San Francisco, CA 94105
There are more p2p lending sites providing p2p loans on the internet than ever before. More Americans who need personal loans asap are choosing one of these sites over banks. The reason for this is usually because these people could not get approved for a personal loan through a traditional banking institution.
This could be due to a low credit score or some other discrepancy in their background which disqualified them. Although investors will review your credit score too, they will almost always offer you some kind of loan package for whatever your current financial situation is as long as you have a credit score over 600.
Compare Personal Loans at Best p2p Lending Sites:
All three of these social lending sites have very similar personal loan reviews. Each one has their own network of lenders and they all require you to provide basic personal information about yourself. The application process of each lending site is very simple and quick too. You just fill out your personal information and the submit it online for immediate consideration. Just remember that you need to have a minimum credit score of 600 in order to qualify for a personal loan on any of these p2p lending sites. But out of these best p2p lending sites, which one is the absolute best? The answer will depend on a few important factors, which may be important to different applicants.
Personalloans com Review:
PersonalLoans.com is a great website and a very old lending marketplace. Can get quick access to loans you need. However, they do have a minimum income requirement of $2,000 per month. And you must be able to verify that income amount. The source of the income can be through either regular employment or self-employment. Their loan range is between $1,000 and $35,000. Therefore, if you make under $2,000 per month then you will have to choose one of the other two lending sites and give it a try. If you do choose PersonalLoans.com, you will have to wait up to 3 business days to receive your loan whereas the other 2 sites will deposit the money within 1 or 2 business day.
Prosper Personal loan Reviews:
The Prosper Marketplace is based in the United States which already raises its level of trust among applicants. It offers a loan range of between $2,000 and $35,000, and an APR of between 5.99% and 36.00%. All these figures seem to match the PersonalLoans.com figures pretty well. However, there is no indication that Prosper requires you to have a minimum income amount each month. This means that if you are applying for a small loan and you make under $2,000, you might still be able to qualify on Prosper if your credit history is decent enough.
Zippy loan Review:
Zippy Loans are great for when you want small personal loan that is under $15,000. They offer a network of lenders that are likely going to approve your loan request. Because it is small and the terms are generally shorter. The highest term you will ever find on Zippy Loans is 72 months. So, unless you are looking for a loan greater than $15,000, Zippy Loans is a good site to use. Because they review your application quickly and give you a selection of the lowest rates possible.
Best unsecured personal loans reviews
The best way to really determine which site will give you the best deal is to check the rates through each social lending site before committing yourself to any of them. Remember you don’t have to commit to any loan agreement until you electronically sign it. Therefore, you should just fill out the basic loan application on each website and see what kind of unsecured personal loan packages are offered to you.
Then, just choose the best package for your given needs and be done with it. No matter which best p2p lending sites you end up choosing, it will certainly be better than any of the other lending sites which have not been mentioned. With that being said, Prosper has a terrific track record with over $7 billion in loans since they were first founded in 2005. For those who want an American company to work with, Prosper would be the best choice.
Online P2P Lending for Bad Credit:
OnlinePersonalFinance.com advertise a different paradigm for the personal loan industry:
- Loans are available for people with a credit score of 600 and above
- All loans have a fixed repayment and fixed interest
- Personal loan interest rates (APR) based on income and credit score
- Bad, good, or excellent credit ratings are able to get loans through any p2p lending sites