Where does Blue Trust Loans do business?

Blue Trust Loans is a direct lender based in Hayward, WI. It was founded in 2014 and offers access to personal loans in 39 states (and Washington, DC).

What range of rates does Blue Trust Loans offer?

Blue Trust Loans offers personal loans with APRs starting at 471.78% and up to 841.45%.

Does Blue Trust Loans charge an origination fee?

No, Blue Trust 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 Blue Trust Loans charge a late fee?

Yes, Blue Trust Loans may charge borrowers a late payment fee

Does Blue Trust Loans charge prepayment fees?

No, Blue Trust 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.

How much can you borrow from Blue Trust Loans?

Loan amounts start at $100 and go up to $2,000.

What is the maximum loan term you can get with Blue Trust Loans?

Blue Trust Loans offers personal loans with terms ranging from 6 to 12 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.

What do you need to qualify for a loan with Blue Trust Loans?

Applicants with a credit score of at least 300 can apply for a loan via Blue Trust Loans. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

Active duty servicemembers and their covered dependents cannot apply for a loan via Blue Trust Loans. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.

Only U.S. citizens and permanent residents can apply for a loan.

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

  • Applicants must have an active and valid checking account
  • Recent pay stubs
  • What is the estimated funding time for a personal loan via Blue Trust Loans?

    Blue Trust Loans will typically approve (or deny) a loan application within 24 hours and fund personal loans as soon as 1 business day of approval.

    • Institution Type
      Direct Lender
    • Bank Account Required?
    • Credit Score Range
      300 - 650
    • Employment Statuses Considered
      • Employed Full-Time
      • Employed Part-Time
      • Other
      • Retired
      • Self-Employed
      • Unemployed
    • Immigration Status Considered
      • U.S. Citizen
      • U.S. Permanent Resident
    • Joint Loan Applications Accepted
      Only Individual Applications
    • Military Status
      • Non-Military
      • Veterans
    • Minimum Age
    • Minimum Annual Income
    • Supported Income Types
      • 1099 Misc. Income
      • Cash / Other
      • Direct Deposit (W2, SSA, SSDI)
      • Payroll Check or Prepaid Card
    • Verification Documents Required?
      Recent Pay Stubs
    • No Origination Fee
    • No Prepayment Fee
    • Approval Speed (Hours)
    • Funding Time Range (in days)
      1 - 3
    • Payment Options
      Automatic Payments
    • Loan Amount
      $100 - $2000
    • Loan Term (Months)
      6 - 12
    • APR
      471.78% - 841.45%
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