
Ascend Personal Loans
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Community Rating | Mostly not recommended |
APR (Fixed APR) | 27.49% - 35.99% |
Loan Amount | $2,600 - $12,500 |
Loan Term (Months) | 12 - 24 months |
Number of Reviews | 7 |
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 are available in 8 states across the USA.
Key Takeaways
- APRs starting at 27.49%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Ascend Personal Loans are on the higher end of the spectrum.
- 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 |
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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 fixed APR personal loan product that ranges from 27.49% APR up to 35.99% APR.
How much can you borrow via Ascend personal loan?
Personal 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.
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.
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. 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 and permanent resident / green card holders are eligible to apply for the services offered by Ascend Personal Loans.
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
- Proof of citizenship or residence permit
Minimum Age | 18 |
Bank Account Required? | Yes |
Application Types Accepted |
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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:
- Transunion
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 Consumer Finance a legit company?
Ascend Consumer Finance was founded in 2014, it is a well-established company that has been in business for 9 years. Ascend Personal Loans are mostly not recommended by SuperMoney community users.
Contact
- Headquarters
-
3701 Sacramento St
#442
San Francisco, CA 94118 USA - (800) 497-5314
- Visit Site
- Email Support
About Ascend Personal Loans
Availability
- Alabama
- California
- Georgia
- Illinois
- Missouri
- Oregon
- South Carolina
- Utah
Feature Breakdown
Late Fee Amount | $18 |
Late Fee Grace Period | 10 days |
No Origination Fee | |
No Prepayment Fee |
Ascend Personal Loans Community Reviews
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