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Is Borro Personal Loans the right fit for you?
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Last Updated: 03/10/2026

Borro Personal Loans

from Borro Inc.

Last Updated: 03/10/2026
Borro Personal Loans logo
Visit Site
Mostly recommended5 total votes
2 users recommend
1 users are unsure
2 users don't recommend

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Compare personal loan offers from multiple vetted lenders.

Compare personal loan offers from multiple vetted lenders.

Discover your lowest eligible rate in minutes.

Discover your lowest eligible rate in minutes.

See how much you qualify for and what your monthly payment will be.

See how much you qualify for and what your monthly payment will be.

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Quick, easy, and won’t hurt your credit.

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Highlights

Community Rating

Mostly recommended

APR

35.88% - 59.88%(Verified 06/21/2024)
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Amount Range

$5,000 - $5,000,000

Loan Term (Months)

18 - 36

Number of Reviews

5

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Borro Personal Loans Review

Borro Personal Loans is offered by Borro Inc., a direct lender founded in 2008 and based in New York, NY. Borro loans are available in 49 states and Washington, DC.

Key Takeaways

  • Fast access to funds. If approved, Borro Inc. will send the money in as little as 24 hours.
  • Large loan amounts. You can apply for loan amounts of up to $5,000,000 with Borro Personal Loans .

Borro loans Pros & Cons

Borro loans FAQ

What interest rates and personal loan terms does Borro loans offer?

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

What interest rates does Borro loans offer?

Borro loans offers a personal loan product that ranges from 35.88% APR up to 59.88% APR.

How much can you borrow via Borro loans?

Personal loan amounts start at $5,000 and go up to $5,000,000

What is the maximum loan term you can get with Borro loans?

Borro loans offers loans with terms of up to 36 months.

What fees does Borro loans charge?

Does Borro loans charge an origination fee?

Borro loans may charge a personal loan origination fee .

Does Borro loans charge a late fee?

Borro loans does not disclose whether it charges late payment fees.

Does Borro loans charge prepayment fees?

No, Borro loans 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.

What do you need to qualify for Borro Personal Loans?

Applicants with a credit score of at least 560 and up to 700 may be eligible for Borro Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
Borro Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.

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

Borro loans will typically fund loans within 1 to 7 business days of approval and clearing necessary verifications.

Does Borro Inc. perform a hard credit pull?

Yes, Borro loans performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

Are Borro Personal Loans legit?

Borro Inc. was founded in 2008, it is a well-established company that has been in business for 18 years. Borro Personal Loans is mostly recommended by SuperMoney community users.

SuperMoney Disclosure: SuperMoney.com 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...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

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Contact

Headquarters

767 3rd Avenue
New York, NY 10017
(888) 205-1944
Visit Site

Other Services by Borro Inc.

SuperMoney Net Recommendation Score

SuperMoney users mostly recommend this product, giving it a user recommendation score of 0, or 3 on a 5-point rating scale.

0

-1000+100
No one recommends
Everyone recommends
The recommendation score reflects customer satisfaction with a provider. A score of +100 means every customer recommends the provider, while -100 means none of them do. These scores are based entirely on community member votes and are not influenced by partner compensation. SuperMoney removes fake reviews when detected.

Borro Personal Loans Community Reviews

Would you recommend Borro Personal Loans to your friends?

U

Anonymous

Sep 17, 2018

May or may not recommend

Wonderful experience end to end from these guys. I needed to raise $120k against two cars and they made the process easy and fast. Rates were quite high but I would return.

JB

Jeff B.

Jul 14, 2018

May or may not recommend

I had Heather call me on the phone she seems really nice. Unable to hear the call back left though. Sincerely , J

U

Anonymous

Feb 21, 2015

May or may not recommend

I never thought I'd be in the predicament I'm in, but it happened. I am nearly broke. So I had to bring in my jag--ouch, it hurts to even say it. Got some quick substantial cash using my baby as collateral. Hoping to get it back soon and need to get it together--obviously.

Mani K. avatar image

Mani K.

Nov 6, 2014

May or may not recommend

Great alternative for those with valuables wanting to trade them for quick money. Interest rates are super high, obviously. If you don't repay the loan, your assets will be sold to cover the loan and pending interest. Any surplus from the sale is returned to the client.

David C. avatar image

David C.

Apr 23, 2014

May or may not recommend

They still cant get it right! They have admitted to making mistakes on my accouhnt but for some reason refuse to fix it. Get it together people!

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