in Personal Loans

Unaffiliated Visit Site



in Personal Loans

SuperMoney Net Recommendation Score -33% Recommendation score measures the loyalty between a provider and a consumer. It's at +100% if everybody recommends the provider and at -100% when no one recommends.

Mostly not recommended

2 users recommend
0 users are unsure
4 users don't recommend
Cast your vote
Cast your vote

Would you recommend BorrowersFirst to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend


Where does BorrowersFirst do business?

BorrowersFirst is based in Austin, TX. It was founded in 2013 and offers access to personal loans in 34 states across the USA.

What are the APRs offered via BorrowersFirst?

BorrowersFirst offers personal loans with APRs starting at 7.22% and up to 29.99%.

Does BorrowersFirst charge an origination fee?

Yes, BorrowersFirst charges a loan origination fee of up to 5% of the loan amount. 

Does BorrowersFirst charge a late fee?

Yes, BorrowersFirst may charge borrowers a late payment fee of up to $15

Does BorrowersFirst charge prepayment fees?

No, BorrowersFirst 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 via BorrowersFirst?

Loan amounts start at $2,500 and go up to $35,000.

What do you need to qualify for a loan with BorrowersFirst?

Applicants with a credit score of at least 640 can apply for a loan via BorrowersFirst. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

Active duty servicemembers and their covered dependents are eligible to apply for a loan via BorrowersFirst. Their rates fall within the limits of The Military Lending Act.

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

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

  • Driver's license
  • Proof of citizenship or residence permit
  • Recent pay stubs

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

BorrowersFirst will typically approve (or deny) a loan application within 1 hour and fund personal loans within 7 business days of approval.

Does BorrowersFirst report loan payments to credit bureaus?

BorrowersFirst reports credit data to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion 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...


  • Headquarters
  • PO Box 163207
    Austin, TX 78716 USA
  • Visit Site


Available in 34 States
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Delaware
  • Florida
  • Georgia
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Missouri
  • Montana
  • Nebraska
  • New Hampshire
  • New Jersey
  • New Mexico
  • North Carolina
  • Ohio
  • Oklahoma
  • Pennsylvania
  • South Carolina
  • South Dakota
  • Texas
  • Utah
  • Virginia
  • Washington

Feature Breakdown

No Prepayment Fee
Late Fee Amount
Origination Fee
0% - 5%
Minimum Age
Joint Loan Applications Accepted
  • Only Individual Applications
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Retired
  • Self-Employed
Credit Score Range
640 - 850
850 300 640
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Verification Documents Required?
  • Recent Pay Stubs
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Funding Time Range (in days)
1 - 7
0 14
Approval Speed (Hours)
Pre-Approved Soft Credit Inquiry
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Payment Options
  • Automatic Payments
  • Check by mail
Loan Amount
$2.5K - $35K
$100 $100K+
7.22% - 29.99%
4% 100%+


Would you recommend BorrowersFirst to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

Other Personal Loans