Qualifying for a personal bank loan can be particularly tricky if you’ve filed bankruptcy into the past. If your bankruptcy happens to be released for at the very least one year, LendingPoint could be ready to make use of you.
LendingPoint provides loans to borrowers in 49 states and Washington, DC with credit ratings as low at 585. Qualified applicants can borrow as much as $25,000 and interest levels begin at 15.49per cent as much as 35.99per cent.
Reduced credit scores accepted in the event that you meet other certification requirements
Last bankruptcy is not necessarily a killer that is deal long since it had been released at the very least one year ago
No prepayment penalty is applicable should you want to spend down your loan early
Lower maximum loan amount in contrast to other loan providers
Origination fees is as high as 6%, with respect to the continuing state in your geographical area
Greater rates of interest compared to the APR you may be provided somewhere else with better credit
Other information that is important
- Minimum/maximum amount you are able to borrow: $2,000 to $25,000
- APR range: 15.49percent–35.99%
- Charges: LendingPoint costs origination fees as high as 6%.
- Recommended credit that is minimum: 585
- Other certification requirements: you ought to be 18 years or older, offer circumstances or ID that is federal Social Security quantity, and have now a bank-account in your title. Continue reading
