Loans

How to apply for the LendingPoint personal loan?

If you need to make a loan for an emergency or to pay down debt, the LendingPoint loan can help you. So, keep reading our post to know how to apply!

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by Victória Lourenço

10/03/2021 | Updated on 10/25/2021

Applying for LendingPoint personal loan

Check out how to apply for a loan with LendingPoint! Source: LendingPoint
Check out how to apply for a loan with LendingPoint! Source: LendingPoint

The LendingPoint loan offers loans for people with fair scores, which need a loan in an emergency, to pay down debt, or even to pay for events, like weddings, and more! So, if you read our other post reviewing this lender, you know that it can be a great option for those who qualify.

Also, you can make an easy application and get your loan in just a few business days. Also, you will not have a strong impact on your credit score, as this lender makes soft credit inquiries. So, if you want to know how to apply, keep reading our post!

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LendingPoint

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Get your loan in just a few business days No early payoff penalty

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Apply online

Find out how to apply online for a loan! Source: Gettyimages
Find out how to apply online for a loan! Source: Gettyimages

You can make an online application to get a loan with this lender. To do this, you can go to the lender’s website and check out your rate. And you can do that without having a hard credit inquiry in your credit score. Then, you can see your loan options and choose one. After that, you can select the payment and loan terms that best fit you and end the application.

Apply using the app

See how to apply online for a loan with this lender. Source: Gettyimages
See how to apply online for a loan with this lender. Source: Gettyimages

By download the mobile app of LendingPoint, you can give your personal information to check out your loan options. And, after that, you can choose a loan option and complete your application through the mobile app. Moreover, this mobile app is available for iOS and Android. Also, you can use the app to manage your account after your loan approval.

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LendingPoint vs. Upstart personal loan

If you are still looking for other personal loan options, we can help you by giving information about another lender. The Upstart personal loan can charge a lower APR and the chance of getting higher loan amounts. So, here is our comparison between LendingPoint and Upstart.

LendingPointUpstart
APRThe APR ranges from 9.99% to 35.99%.The APR ranges from 4.37% to 35.99%
LOAN PURPOSEYou can make a loan with this lender for consolidating debt, weddings, car repairment, remodeling your home, and more.You may use a loan to pay down debt, pay off credit cards, and more.
LOAN AMOUNTSThis lender has loans that range from $2,000 to $36,500.Loans can be acquired in amounts ranging from $1,000 to $50,000.
CREDIT NEEDEDA recommended minimum of 580. But you might be approved with a poor to fair score.A recommended minimum of 580 credit score points.
TERMSThis lender’s clients can take out loans with durations ranging from 24 to 60 months.You may choose between a 3- or 5-year repayment plan with this lender.
ORIGINATION FEEUp to 6% of the loan.The fees charged might be anywhere from 0% to 8% of the loan amount.
LATE FEEThere are currently no late fees. However, it can charge up to $30 in late fees, depending on the state.A late fee of 5% of the late amount, or $15, whichever is higher, will be applied.
EARLY PAYOFF PENALTYThere are no penalties when you make early payments to this lender.There are no early payoff penalties.

How to apply for Upstart personal loan?

Are you looking for a good online personal loan platform? If so, Upstart loan can be a good choice. So, read more to know how to apply!

About the author

Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by

Aline Barbosa

Senior Editor

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