Blue Trust Loans

Blue Trust Loans Review

Blue Trust Loans is offered by Hummingbird Funds, LLC, a direct lender founded in 2014 and based in Hayward, WI. Blue Trust Loans are available in 37 states (and Washington, DC).

Key Takeaways

• APRs starting at 471.78%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Blue Trust Loans are on the higher end of the spectrum.
• Fast access to funds. If approved, you can sometimes get your money within 1 business day*.
• Small-dollar loans. Blue Trust Loans has a maximum loan amount of just $2,500.
• No origination fee. Blue Trust Loans does not charge a loan origination fee.
• Short loan terms. Blue Trust Loans have loan terms as short as 6 months.
• Minimum income of $10,200. You will need an annual income of at least $10,200 to apply for Blue Trust Loans, which is below average for the lenders in our database

BlueTrustLoans Pros & Cons

BlueTrustLoans FAQ

What interest rates and personal loan terms does BlueTrustLoans offer?

BlueTrustLoans has higher than average interest rates for lenders reviewed on SuperMoney.

What fees does BlueTrustLoans charge?

What do you need to qualify for Blue Trust Loans?

To qualify for personal loans with Blue Trust Loans, applicants need a minimum annual income of $10,200 or higher. Blue Trust Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

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 Blue Trust 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 and permanent resident / green card holders are eligible to apply for the services offered by Blue Trust Loans.

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

• Applicants must have an active and valid personal checking account
• Recent pay stubs

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

BlueTrustLoans will typically approve (or deny) a loan application within 24 hours and fund loans within 3 business days of approval.

Are Blue Trust Loans legit?

Hummingbird Funds, LLC was founded in 2014, it is a well-established company that has been in business for 9 years. Blue Trust Loans are strongly not recommended by SuperMoney community users.