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  Ascend Personal Loans

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Ascend Personal Loans
in Personal Loans from Ascend Consumer Finance

Not Currently Available

Ascend Personal Loans

in Personal Loans from Ascend Consumer Finance
SuperMoney Net Recommendation Score -67  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -67, equating to 1.7 on a 5 point rating scale.

-67

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly not recommended

1 user recommends
0 users are unsure
5 users don't recommend
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Highlights
Community Rating Strongly not recommended
APR 27.49% - 35.99%
Loan Amount $2,600 - $12,500
Loan Term (Months) 12 - 24 months
Number of Reviews 6

Ascend Personal Loans Review

Ascend Personal Loans is no longer available to new customers on SuperMoney.

Click here to compare Personal Loans and quickly find the best options for your needs.

Ascend Personal Loans is offered by Ascend Consumer Finance, founded in 2014 and based in San Francisco, CA. Ascend Personal Loans is available in 8 states across the USA.

Key Takeaways
  • 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 Ascend Consumer Finance with a soft pull that will not affect your credit score.
  • No origination fee. Ascend Personal Loans does not charge a loan origination fee.
  • Minimum income of $35,000. You will need an annual income of at least $35,000 to apply for Ascend Personal Loans, which is above average for the lenders in our database.
Ascend personal loan Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • Loan options with $0 origination fee.
  • Considers applicants with fair credit.
  • APRs as high as 35.99%.
  • Charges a late fee of $18
Ascend personal loan FAQ

What interest rates and personal loan terms does Ascend personal loan offer?

Ascend personal loan has higher than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Ascend personal loan offer?

Ascend personal loan offers a personal loan product that ranges from 27.49% APR up to 35.99% APR.

How much can you borrow via Ascend personal loan?

Business loan amounts start at $2,600 and go up to $12,500.

What is the maximum loan term you can get with Ascend personal loan?

Ascend personal loan offers loans with terms of up to 24 months.

Ascend personal loan Interest Rates & Loan Terms
Personal Loan Amount $2600 - $12500
Loan Term 12 - 24 months
APR 27.49% - 35.99%

What fees does Ascend personal loan charge?

Does Ascend personal loan charge an origination fee?

Ascend personal loan 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, go with lenders that don’t charge origination fees.

Does Ascend personal loan charge a late fee?

Yes, Ascend personal loan may charge borrowers a late payment fee if you miss one of the monthly payments of up to $18, which is triggered if you're 10 days late.

Does Ascend personal loan charge prepayment fees?

No, Ascend personal loan 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.

Ascend personal loan Fees
Origination Fee No
Prepayment Fee No
Late Payment Fee $18

What do you need to qualify for Ascend Personal Loans?

Applicants with a credit score of at least 580 and up to 850 may be eligible for Ascend Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

To qualify for personal loans with Ascend Personal Loans, applicants need a minimum annual income of $35,000 or higher.

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. APRs for the Ascend Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

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

  • Applicants must have an active and valid personal checking account
Ascend personal loan Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Application Types Accepted
Credit Score 580 - 850

What is the estimated funding time for a personal loan via Ascend personal loan?

Ascend personal loan will typically approve (or deny) a loan application within 24 hours and fund loans within 7 business days of approval.

Does Ascend Personal Loans report your account activity to credit bureaus?

Yes, Ascend Personal Loans reports your account activity to the following credit reporting agencies:

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

Is Ascend personal loan a legit company?

Ascend Personal Loans was founded in 2014. It is an established company that has been in business for 8 years. Ascend Personal Loans are strongly not recommended by SuperMoney community users.

Ascend Personal Loans Disclosure: Loan approval is not guaranteed. Actual loan amount and APR are estimates and may vary based on final review of your credit, other factors, and supporting documents. Ascend loan amounts vary from $2,600 to $12,500 and APR varies from 27.49% - 35.99%.
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.

Contact

About Ascend Personal Loans

Availability

  Available in 8 states
  • Alabama
  • California
  • Georgia
  • Illinois
  • Missouri
  • Oregon
  • South Carolina
  • Utah

Feature Breakdown

No Origination Fee
No Prepayment Fee
Late Fee Amount $18
Late Fee Grace Period 10 days
Checking Account Required
Employment Statuses Considered
  • Other
  • Employed Full-Time
  • Employed Part-Time
  • Self-Employed
  • Retired
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Joint Loan Applications Accepted
  • Individual Applications
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Minimum Annual Income $35,000
Supported Income Types
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
  • 1099 Misc. Income
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
  • Recent Pay Stubs
  • Proof of Income
Credit Score Range 580 - 850
Approval Speed 24 hours
Credit Bureau Reporting TransUnion
Customizable Payment Dates
Funding Time Range 1 - 7 days
Payment Options
  • Automatic Payments
  • Check by mail
  • Credit/Debit Card
Pre-Approved Soft Credit Inquiry
Loan Amount $2,600 - $12,500
APR 27.49% - 35.99%
Loan Term 12 - 24 months

Ascend Personal Loans Community Reviews

 

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SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -67, equating to 1.7 on a 5 point rating scale.

-67

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

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