Last Updated: 04/18/2025
Align Income Share Funding
Claimed
Last Updated: 04/18/2025
SuperMoney User Recommendation Score -18
Mostly not recommended28 total votes
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Highlights
Community Rating
Mostly not recommended
APR (Variable APR)
37% - 94%(Verified 06/21/2024)
Disclaimer popup with additional information
Amount Range
$1,500 - $12,500
Loan Term (Months)
24 - 60
Number of Reviews
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 are available in 6 states.
Key Takeaways
- 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 9% and 36%. The starting rates for Align Income Share Funding are on the higher end of the market.
- Fast access to funds. If approved, Align Income Share Funding will send the money in as little as 24 hours.
- Prequalified rate. You can check your prequalified rate at Align Income Share Funding with a soft pull that will not affect your FICO or VantageScore.
- No origination fee. Align Income Share Funding does not charge a loan origination fee.
Align Income Share Funding Pros & Cons
| Pros | Cons |
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Align Income Share Funding FAQ
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 interest rates does Align Income Share Funding offer?
Align Income Share Funding offers a variable APR personal loan product that ranges from 37% APR up to 94% APR.
How much can you borrow via Align Income Share Funding?
Personal loan amounts start at $1,500 and go up to $12,500
What is the maximum loan term you can get with Align Income Share Funding?
Align Income Share Funding offers loans with terms of up to 60 months.
| Personal Loan Amount | $1500 - $12500 |
| Loan Term | 24 - 60 months |
| APR | 37% - 94% |
What fees does Align Income Share Funding charge?
Does Align Income Share Funding charge an origination fee?
Align Income Share Funding does not charge a personal loan origination fee.
A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, consider lenders that don’t charge origination fees.
Does Align Income Share Funding charge a late fee?
Align Income Share Funding does not disclose whether it charges late payment fees.
Does Align Income Share Funding charge prepayment fees?
No, Align Income Share Funding does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | No |
| Prepayment Fee | No |
| Late Payment Fee | No |
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. Align Income Share Funding does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Align Income Share Funding.
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 or other government photo ID
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| 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 fund loans within 1 to 3 business days of approval and clearing necessary verifications.
Does Align Income Share Funding perform a hard credit pull?
As is the case with most providers, a hard credit pull will likely occur if you accept an offer after checking your rates. Align Income Share Funding allows you to check your rates with a soft credit pull.
Are Align Income Share Funding legit?
Align Income Share Funding was founded in 2011, it is a well-established company that has been in business for 15 years. Align Income Share Funding is mostly not recommended by SuperMoney community users.
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Message from our editor
What we love about Align Income Share Funding
Align Income Share Funding offers a unique take on traditional loans. With a normal loan, you borrow money and have to make payments each month until you pay off the loan. Usually, the monthly payments are equal. If you lose your income, you still have to find money to make payments.
With an income share agreement, your monthly payments equal a percentage of your income. That means that if you lose your income or your income shrinks, your monthly payments shrink as well. If you have no income, you don’t have to make payments.
This means you don’t have to worry as much about defaulting on the loan.
What could Align Income Share Funding do better?
The drawback of these kinds of agreements is that if your income increases, so will your monthly payment. If you wind up making a lot of money, you’ll have to make very large payments. There’s no way to know how much you’ll pay over the life of the income share agreement, so you may have been better off with a traditional loan.
Align Income Share Funding also offers relatively low loan amounts compared to traditional lenders, which means you might not be able to get enough money to cover your needs.
Align Income Share Funding’s Backstory
Align Income Share Funding was launched as Cumulus Funding in November 2011 by Nathan Popkins, a former Investment Banker who believed hard-working people deserved access to capital with terms that were more forgiving. The company has offered funding to thousands of customers and operates in multiple states.
The Verdict
If you are worried about losing some or all of your income, Align Income Share Funding can ease your fears by adjusting your monthly payment with your income. If you have a stable income or may increase your income, a traditional loan with a fixed payment is likely a better deal.
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Learn MoreSuperMoney Net Recommendation Score
SuperMoney users mostly don't recommend this product, giving it a user recommendation score of -18, or 2.6 on a 5-point rating scale.
-18
-1000+100
No one recommends
Everyone recommends
Align Income Share Funding Community Reviews
Would you recommend Align Income Share Funding to your friends?
BH
Beverly H.
Sep 4, 2019
May or may not recommend
After making payments on time for a year, the amount of the loan still didn’t go down enough. I borrowed 5000. After a year of payments, it went down to 4220. with pymnts of 270. a month. When I made a partial “contract purchase” of 2500. it only took the amount down to 4127. DO NOT USE THIS COMPANY. If anyone has plans for a class action lawsuit, please let ...Show More
AL
Angel L.
Jul 30, 2019
May or may not recommend
The personal loan company ever keep up the good Work
Jeremy S.
Jul 18, 2019
May or may not recommend
Lol!!! Robbery at its best!! I needed $2500 for an emergency and Align says they can give it to me. That was great! But not before I did the math. I would have to pay them $4400 in interest on top of the $2500! What a joke! Rates and practices like that should be illegal!
U
Anonymous
Jun 11, 2019
May or may not recommend
Well i took put an emergency loan for a car purchase for around 4k. At the time since it was the only place to get it i should have done more research and asked more questions on the details. All i asked was how much interest was gonna be and they dodged the question saying we dont do regular interest. We just do a percentage of your income to pay ...Show More
U
Anonymous
May 9, 2019
May or may not recommend
They said i was approved for a certain dollar amount. They then asked for my paystubs, and online banking verification which i did immediately. The next day they call me i call them back and then i get an email saying that they are not approving it.
U
Anonymous
Dec 6, 2018
May or may not recommend
Align's product is very different from other lenders, and can be confusing if you think about it like a loan. It's best to think about it like a profit-loss sharing agreement: they want you to do well and they suffer with you when your income drops.
My experience with them has been overall positive; yes, they're a smaller company and don't have the service or tech of a big lender. ...Show More
U
Anonymous
Mar 12, 2018
May or may not recommend
I have a loan (income share agreement) with this company for a little over a year now. I can say without a doubt, that while obtaining one was relatively easy, the customer service, fees, and incompetence from their customer service team is the reason I would never recommend it to anyone.
I have never once paid my loan late. However, it didn't stop them from reporting my loan late to ...Show More
U
Anonymous
Mar 12, 2018
May or may not recommend
The company is not truthful in how one gets a loan. Approved then denied. They want all of your personal information. I worry about what happens to it?
U
Anonymous
Mar 9, 2018
May or may not recommend
Terrible company. I was told that I was approved spent days sending information that is confidential... they representative I spoke with said there was great news, I just had to talk to the manager to finalize the loan... only to be told that I wasn't approved because my one job out of 3 that I have was not stable enough even though I worked there for 16 years. Scam! I ...Show More
U
Anonymous
Jan 12, 2018
May or may not recommend
i will never get a loan from them again. they’ve messed up my monthly payments and even fail to take out my payments sometimes. half the time it’s hard to get through to someone in the correct department and when they’re supposed to get back to you with information they don’t.
Katrina W.
Nov 17, 2017
May or may not recommend
This company is very unprofessional. After submitting my application on line; one of their representatives asked me to take a picture of my driver's license and my Com Ed bill. They already had two check stubs. Then the representative asked me for another check stub. After seven days the company deny me stating that I have to work an average of 35 ...Show More
DB
David B.
Nov 7, 2017
May or may not recommend
Great!!! From the beginning to end really fast and easy...when I could not get money else where they came through so I could clear some issues I had up! I know people complain about interest but I can payoff early without penalty. Thanks Miguel u were great through whole process big help!!!
AS
Ahmande S.
Oct 24, 2017
May or may not recommend
Don't do it! My review has to be ten words or more...But to keep from writing a book about my experience so far with this company. I just want to say (don't do it) That sums it all.
Adriana S.
Oct 20, 2017
May or may not recommend
A great experience. Helped me out with any questions I had and were quick to reply and break everything down when needed to help me understand.
U
Anonymous
Sep 30, 2017
May or may not recommend
I can say that the process was fast & easy Angela was very professional as well as informative about the loan & what was needed of me she's very polite & courtesy with a friendly voice, loan was approved hoping for continuous success going forward will update review in a couple months !!
Thank you Angela for your PROFESSIONALISM
Rolena C.
Aug 30, 2017
May or may not recommend
SAFF WAS VERY PROFESSINAL AND HELPFUL THROUGH OUT THE PROCESS THANK YOU
U
Anonymous
Aug 15, 2017
May or may not recommend
Yeah got excited because I was told that I was approved. And they had me on the phone they took all my information then they disapproved me. Lots of time lost on that one.
U
Anonymous
Aug 11, 2017
May or may not recommend
Staff was very courteous and professional. Painless experience.
U
Anonymous
Aug 9, 2017
May or may not recommend
Just received approval of funding...very professional...very seamless process....definately recommend.
JM
Justin M.
Jul 25, 2017
May or may not recommend
Very quick, very helpful, nice people. I like how my payments aren't fixed.
Showing 20 of 28 reviews
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