Acquiring personal loans is the best way to deal with unforeseen expenses, such as home repairs, and often, the only resource available for other kinds of expenses, such as debt consolidation or financing of studies and even the purchase of a car.
Upstart is one of the best online loan network available to many people, in fact, for borrowers without a credit history is an excellent option, because they consider other factors, such as annual income or academic level and potential job scope.
Unfortunately not all qualify for a loan here, in fact, the minimum score to apply is 620. Still, you can acquire Loans from other sites like Upstart, so we have prepared a list of the best places to acquire personal loans under conditions similar to those of Upstart.
Factors to consider when choosing your option
When you look for a loan service online, keeping in mind these features will save you a great deal in headaches:
- Accreditations: generally the most respected places are members of alliances or are accredited by regulatory entities, this is usually a good indication.
- Type of lender: indirect lenders usually approve regardless of the credit rating, not the same with direct lenders, but offer other advantages.
- References: it should be easy to get comments from satisfied customers, on reliable platforms, as well as read comments from dissatisfied customers, which should be less, but should be.
First, keep in mind that OnlineLoanNetwork is not a direct lender, rather, it will put you in touch with potential lenders willing to offer up to $ 2,500 in personal loans. You will have to repay in a short time, but each loan condition will be different with respect to the lender you choose.
A negative aspect is the discharge of responsibility for being an indirect lender, in fact, at the time of application, it is possible that in minutes you start receiving offers from the lenders, in which case you should and will have the right to carefully examine each offer.
They have been in operation since 2013 and are members of the Alliance of Online Lenders (OLA), you can also make a loan request via telephone.
As for rates and fees, you will not get them until you choose a lender, as well as the implications for non-payment, delayed payment or partial payment.
In addition, it is possible that you receive offers of new loans after completing a contract.
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Like the previous option, WhiteRockLoans is a website where you will get in touch with potential lenders, willing to give you between $ 100 and $ 5,000. To apply you must complete an online form with personal and economic data. Like the rest of similar sites, they are committed to protecting your personal information through encryption and partnerships with secure providers, as appropriate, Comodo Secure.
They claim to be safe, fast and efficient, at the same time, we can emphasize that your site is very simple to apply, as well as to read the disclaimers of responsibility, near them and all the related information.
They are online since 2012, although they are not part of any alliance or online agency.
It is possible that by applying with them you can get your loan the next working day because the lenders get in touch with you, you are redirected to your site and as soon as you approve the contract they make the transfer.
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ExtraLend is also not a direct lender, in fact, the limit amount that your network of lenders is willing to pocket you is up to $ 3000.
A positive aspect of this kind of site is the little that usually influences your credit rating in the approval of personal loans, however, it has a direct impact on the APR rate that these lenders apply to your application.
In your case, to protect the data of customers and possible borrowers, encrypt the information with 256-bit encryption with the company 256 SSL SECURE.
Traditionally, with indirect lenders an electronic signature agreement is applied, where all your interactions with the web are considered legal from the moment you accept a contract.
Take a few minutes to complete the online form, register a user in the process (you can unsubscribe when you want) and start receiving offers from the lenders, which apply reasonable terms in cases of defaults.
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Although it is also an indirect lender, with this service you have access to payday loans between $ 100 and $ 1,000, while installment loans vary between $ 100 and $ 5,000 and personal loans between $ 500 and $ 35,000.
You make a request for an amount, but the approval may not match the amount you requested. The offers of the borrowers can vary for several reasons, such as the individual lender, your employment, income and other factors.
They established a platform that generates confidence, while they are members of the OLA and provide security to their customers under the McAfee Secure Company. The website is friendly to explore and its FAQ section is very accurate.
This is a very complete website, the only disadvantage is that to know the rates and rates, APR, loan terms, conditions in case of defaults or delayed payments, you must wait until you receive a specific offer from a lender.
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CashRequestOnline is neither a lender nor a credit partner and does not make decisions on loans or credits, on the other hand, these decisions correspond to the lenders who make offers to potential borrowers.
As for the amount accessible through this online loan company, you can request between $ 100 and $ 5,000.
The website is easy to explore, on the same homepage are the frequently asked questions, as well as the minimum requirements to apply with them, access to the application form, the reasons to apply with them and necessary clarifications regarding their responsibilities as indirect lenders.
They are online since 2016 and to protect their customers’ data they are associated with Comodo Secure. Completing the form takes little time and the approval of the application and the subsequent transfer of funds can be completed between 24 to 48 hours.
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Undoubtedly it is one of the best options loans like Upstart, in fact, with Upgrade you have access to three main products: personal loans, personal lines of credit and health credit. This is one of the few online loan companies that openly publish their physical address: 275 Battery Street, 23rd FloorSan Francisco, CA 94111, EE. UU
We can say without exaggeration that your help center and FAQ section is one of the best at your disposal, since they are dedicated to explaining much more than questions related to loans, you can find useful information on other financial topics such as “Are there any benefit in paying my Personal Loan or Personal Line of Credit in advance? “or” How do I correct inaccuracies in my credit report? “.
The amount of your loan will be in a range of between $ 1000 and $ 50000, without applying penalty fees for early payment. Accredited members of the BBB, members of Equal Housing Lender and McAfee Secure, also all loans made by WebBank, member of FDIC.
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OppLoans is also a direct lender, and you will be pleased to know that you do not perform credit checks through the three major credit bureaus, namely, Experian, Equifax or TransUnion, instead, applicants’ credit scores are provided by Clarity Services, Inc., a credit reporting agency.
They have a dedicated customer support service and the phone number is anchored, so you can get it easily if you need it.
The design of this website is simple, showing the complete application form the start, and the pertinent information regarding the legal. Unfortunately, you do not have access to rates and other important information until you apply.
They qualify as accredited members of the BBB. In order to apply, they may request additional personal information, such as a driver’s license or other identification documents.
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MoneyLion is another direct lender willing to give you between $ 1000 and $ 35,000, with a variable APR between 5.99% and 200%. Its headquarters are in New York, it was founded in 2013 and offers access to personal loans in 45 states. With them, the maximum reimbursement period is 3 years.
They are not too demanding with the credit rating, if you have at least 560 points you can opt for a loan with them, as long as you meet other minimum requirements, such as being at least 18 years old.
You should be patient if you resort to them, as your response may take up to 3 days, but it’s worth it, as it reports your credit data to the TransUnion rating agency. They have apps for Android and iPhone.
Now you have 8 new options at your disposal, each with different characteristics, but all viable to obtain the money you are looking for. Dedicate the time you consider necessary to make a good decision, remember that all your financial actions ending up generating impact on your credit rating.