Balance Credit Personal Loans
in Personal Loans from Braviant Holdings LLC
Would you recommend Balance Credit Personal Loans to your friends?
| Community Rating | Mostly not recommended |
| APR (Fixed APR) | 99% - 720% |
| Loan Amount | $100 - $5,000 |
| Loan Term (Months) | 4 - 24 months |
| Number of Reviews | 130 |
Balance Credit Personal Loans Review
Balance Credit Personal Loans is offered by Braviant Holdings LLC, a direct lender founded in 2014 and based in Chicago, IL. Balance Credit Personal Loans is available in 10 states across the USA.
Key takeaways
- Fast access to cash. In some cases you can get your money within 1 business day.
- Poor credit accepted. Even if you have bad or poor credit, you can apply. Borrowers with a credit score as low as 300 are considered for Balance Credit Personal Loans.
- Hard credit pull required. You can't check your rates or see if you prequalify for Balance Credit Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
- No origination fee. Balance Credit Personal Loans does not charge a loan origination fee.
- No late fees. Missing a payment can seriously damage your credit, but Balance Credit Personal Loans will not charge additional fees if you miss the due date on a payment.
- Short loan terms. Balance Credit Personal Loans offers loan terms as short as 4 months. Most personal loans have a minimum term of 12 to 36 months.
Balance Credit Personal Loans Pros and Cons:
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What rates and terms does Balance Credit Personal Loans offer?
Balance Credit Personal Loans has higher interest rates than the average for lenders reviewed on SuperMoney.
What APR rate does Balance Credit Personal Loans offer?
Balance Credit Personal Loans offers a fixed APR personal loan product that ranges from 99% APR up to 720% 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 Balance Credit Personal Loans?
Loan amounts start at $100 and go up to $5,000.
What can a personal loan from Balance Credit Personal Loans be used for?
Personal loans from Balance Credit 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 Balance Credit Personal Loans?
Balance Credit Personal Loans offers personal loans with terms ranging from 4 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.
| Loan Amount | $100 - $5000 |
| Loan Term | 4 - 24 months |
| APR | 99% - 720% |
What fees does Balance Credit Personal Loans charge?
Does Balance Credit Personal Loans charge an origination fee?
Balance Credit 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 Balance Credit Personal Loans charge a late fee?
No, Balance Credit Personal Loans will not charge you a late fee..
Does Balance Credit Personal Loans charge prepayment fees?
No, Balance Credit 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.
| Origination Fee | N/A |
| Prepayment Fee? | No |
| Late Payment Fee | N/A |
What do you need to qualify for Balance Credit Personal Loans?
The minimum age to be eligible is 18 or the state minimum, whichever is higher.Balance Credit Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Balance Credit Personal Loans only considers borrowers who are employed.
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 Balance Credit 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.
U.S. citizens are, of course, eligible for the services offered by Balance Credit Personal Loans. Permanent resident / green card holders are also eligible to apply.
| Minimum Age | 18 |
| Bank Account Required? | No |
| Application Types Accepted |
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| Credit Score | 300 - 700 |
What is the estimated funding time for a personal loan via Balance Credit Personal Loans?
Balance Credit Personal Loans will typically approve (or deny) a loan application within 1 hour and fund personal loans within 2 business days of approval.
Contact
- Headquarters
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180 N Upper Wacker Dr, Suite 300
Chicago, IL 60606 USA - Visit Site
About Balance Credit Personal Loans
Message From Braviant Holdings LLC
Availability
- California
- Delaware
- Idaho
- Missouri
- New Mexico
- Ohio
- South Carolina
- Texas
- Utah
- Wisconsin
Balance Credit Personal Loans Community Reviews
Would you recommend Balance Credit Personal Loans to your friends?
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