Align Income Share Funding Review

Align Income Share Funding is offered by Align Income Share Funding, a direct lender founded in 2011 and based in Chicago, IL. Align Income Share Funding is available in 6 states across the USA.

• Uses a variable APR. This is uncommon for personal loans. If interest rates rise in the future it could make the monthly payments more challenging. Personal loan interest rates typically range between 5% and 36%. The starting rates for Align Income Share Funding are on the higher end of the market.
• Fast access to funds. In some cases you can get your money within 1 business day.
• Prequalified rate. You can check your prequalified rate at Align Income Share Funding with a soft pull that will not affect your credit score.
• No origination fee. Align Income Share Funding does not charge a loan origination fee.
• Minimum income of $20,000. You will need an annual income of at least $20,000 to apply for Align Income Share Funding, which is below average for the lenders in our database

Pros	Cons
$0 prepayment fee. $0 origination fee. Considers applicants with fair credit. Funding available within 3 business days.	APRs as high as 94%. Align Income Share Funding does not report to credit bureaus. Charges a late fee.

What interest rates and personal loan terms does Align Income Share Funding offer?

Align Income Share Funding has higher than average interest rates for lenders reviewed on SuperMoney.

What fees does Align Income Share Funding charge?

What do you need to qualify for Align Income Share Funding?

Applicants with a credit score of at least 600 and up to 700 may be eligible for Align Income Share Funding. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

To qualify for personal loans with Align Income Share Funding, applicants need a minimum annual income of $20,000 or higher. Align Income Share Funding only considers borrowers who are employed and meet the minimum income requirement.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. Active duty service members and their covered dependents are eligible to apply for a loan via Align Income Share Funding. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Align Income Share Funding. Permanent resident / green card holders are also eligible to apply.

To qualify, applicants may need to provide the following documentation:

• Applicants must have an active and valid personal checking account
• Recent pay stubs
• Proof of income
• Driver's license

Align Income Share Funding Eligibility Criteria

Minimum Age	18
Bank Account Required?	Yes
Application Types Accepted	Individual Applications
Credit Score	600 - 700

What is the estimated funding time for a personal loan via Align Income Share Funding?

Align Income Share Funding will typically approve (or deny) a loan application within 24 hours and fund loans within 3 business days of approval.