Overview

Where does Chorus Credit do business?

Chorus Credit is a direct lender based in Chicago, IL. Founded in 2017, Chorus Credit offers access to personal loans in 1 state across the USA.

What are the APRs offered via Chorus Credit?

Does Chorus Credit charge an origination fee?

No, Chorus Credit 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 Chorus Credit charge a late fee?

Yes, Chorus Credit may charge borrowers a late payment fee

Does Chorus Credit charge prepayment fees?

No, Chorus Credit 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 Chorus Credit?

Loan amounts start at $2,500 and go up to $10,000.

What do you need to qualify for a loan with Chorus Credit?

Chorus Credit doesn’t disclose its credit score minimum.

Chorus Credit only considers borrowers who are employed.

Active duty servicemembers and their covered dependents are eligible to apply for a loan via Chorus Credit. Their rates fall within the limits of The Military Lending Act.Only U.S. citizens and permanent residents can apply for a loan.

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

Chorus Credit will typically provide a credit approval decision in less than an hour and fund the loan within 2 days.

Does Chorus Credit report loan payments to credit bureaus?

Chorus Credit may report credit data to the following credit reporting agencies:

• Experian
• Transunion