Loans

Personify personal loan full review

The Personify personal loan accepts those with not-so-good credit scores, and it has some more features. If you want to know more, read our full review!

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by Victória Lourenço

10/15/2021 | Updated on 10/25/2021

Personify personal loan

Check out our full review of Personify! Source: Personify Financial
Check out our full review of Personify! Source: Personify Financial

A personal loan is for those who need to pay for some emergency or debt. And this type of loan is offered by many different lenders in the market. However, some of them have high APRs and fees, and others have more manageable ones. So, if you want to know more about this lender, keep reading our full review!

APRThe APR be from 19.00% to 199.99% (and it varies per state.)
LOAN PURPOSEPay off debt or pay for some other emergency.
LOAN AMOUNTSFrom $500 to $15,000 (varies by state.)
CREDIT NEEDEDAt least 500 points.
TERMSThe terms vary per state. But they can go from one to four years.
ORIGINATION FEEThe origination fee can be up to 5% (varies per state.)
LATE FEEThe late fees vary by state and loan amount delayed.
EARLY PAYOFF PENALTYThere is no early payoff penalty fee.

How to apply for the Personify personal loan?

Do you have a not-so-good score but need a loan? The Personify loan accepts those with this type of score. Read more to know how to apply!

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How does the Personify loan work?

Know more about how this lender works. Source: Unsplash
Know more about how this lender works. Source: Unsplash

This lender has different fees in different states. So, be sure to know about the fees and terms that apply to your state. Also, after you get your loan funds, you will have to pay your loans in one to four years from the date of the loan. However, depending on which state you live in, the APR fee can go up to 199.99%.

Personify personal loan benefits

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Pros

  • If you want to apply for a loan with this lender, you can make a pre-qualification. And this only requires a soft credit check.
  • You can qualify for a loan option even if you do not have a high credit score.
  • This lender does not charge any prepayment penalty fees.
  • You can get your loan funds rather quickly with this lender.

Cons

  • The APR charged by this lender can be incredibly high.
  • In some states, this lender charges origination fees.
  • It is only available in the United States and not in every state.
  • There is no co-signed loan option with this lender.

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Should you apply for the Personify personal loan?

See if you should apply for a loan with Personify. Source: Freepik
See if you should apply for a loan with Personify. Source: Freepik

This lender only requires a relatively low minimum credit score, and you can get some loan options in just one business day. However, be sure that you read this lender’s terms and know its fee before applying. Also, this lender charges a sky-high APR fee in some states.

Can anyone apply for a loan at Personify?

If you live in the U.S., you can apply for a loan with this lender. However, its fees and terms vary per state. So, be sure to know if you fit all the requirements before applying. Also, be sure that you can pay for the fees charged by this lender.

What credit score do you need for Personify?

To apply for a loan with this lender, you do not need a very high credit score. The minimum score required is 500 points. So, if you need a loan to pay for some emergency, you can have a chance to get one with this lender, even if you have a low score.

How to apply for Personify loan?

It can be very easy and stress-free to apply for a loan with this lender. And you can do it all online. So, if you want to know how to complete your application process to get a loan with this lender, check out our post below!

How to apply for Personify personal loan?

Do you have a not-so-good score but need a loan? The Personify loan accepts those with this type of score. 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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