Ascend Personal Loans

Out of Business

Ascend Personal Loans

in Personal Loans from Ascend Consumer Finance

Out of Business

Ascend Personal Loans

in Personal Loans from Ascend Consumer Finance

SuperMoney Net Recommendation Score -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
Cast your vote
Cast your vote

Would you recommend Ascend Personal Loans to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Community Rating Strongly not recommended
Loan Amount $2,600 - $12,500
APR  (Fixed APR) 27.49% - 35.99%
Loan Term 12 - 24 months
Number of Reviews 6

Ascend Personal Loans Review

Ascend Personal Loans is offered by Ascend Consumer Finance, a direct lender 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 cash. In some cases you can get your money within 1 business day.
  • Fair credit accepted. The credit score needed for Ascend Personal Loans is relatively low. Borrowers with a credit score as low as 580 may qualify for Ascend Personal Loans.
  • 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 Loans Pros and Cons:

Pros Cons
  • $0 prepayment fee.
  • $0 origination fee.
  • Considers applicants with poor credit.
  • Fast funding.
  • APRs as high as 35.99%.
  • Charges a late fee of up to $18.
  • No co-sign option.

What rates and terms does Ascend Personal Loans offer?

Ascend Personal Loans has higher interest rates than the average for lenders reviewed on SuperMoney.

What APR rate does Ascend Personal Loans offer?

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

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

How much can you borrow via Ascend Personal Loans?

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

What can a personal loan from Ascend Personal Loans be used for?

Personal loans from Ascend Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, unexpected expenses or similar purposes.

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

Ascend Personal Loans offers personal loans with terms ranging from 12 to 24 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

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

What fees does Ascend Personal Loans charge?

Does Ascend Personal Loans charge an origination fee?

Ascend Personal Loans does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Ascend Personal Loans charge a late fee?

Yes, Ascend Personal Loans may charge borrowers a late payment fee of up to $18, which is triggered if you're 10 days late.

Does Ascend Personal Loans charge prepayment fees?

No, Ascend Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

Ascend Personal Loans Fees
Origination Fee N/A
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 are 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. Ascend Personal Loans 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 Ascend Personal Loans. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Ascend Personal Loans. 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 checking account
  • Recent pay stubs
  • Proof of income
  • Driver's license
  • Proof of citizenship or residence permit
Ascend Personal Loans Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Application Types Accepted
  • Individual Applications
  • Credit Score 580 - 850

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

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

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

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

    • Transunion

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

    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: 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...


    About Ascend Personal Loans


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

    Feature Breakdown

    No Origination Fee  
    No Prepayment Fee  
    Late Fee After 10 days
    Late Fee Amount $18
    Checking Account Required  
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Joint Loan Applications Accepted Individual Applications
    Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
    Minimum Age 18
    Minimum Annual Income $35,000
    Supported Income Types
    • 1099 Misc. Income
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
    Verification Documents Required
    • Proof of Income
    • Recent Pay Stubs
    • Driver License (or other photo ID)
    • Proof of citizenship/residence (Green Card)
    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 (Fixed APR) 27.49% - 35.99%
    Loan Term 12 - 24 months

    Ascend Personal Loans Community Reviews


    Would you recommend Ascend Personal Loans to your friends?

    Before we publish your vote:

    Please explain your vote by sharing your experience.

    Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

    Please write a review to submit your vote
    Cancel my vote
    (will require moderator approval)

    Other Personal Loans