Great Plains Lending is a direct lender based in Red Rock, OK. It was founded in 2011 and offers access to personal loans in 50 states (and Washington, DC).
Great Plains Lending offers personal loans with APRs starting at 118.66% and up to 448.76%.
No, Great Plains Lending 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.
Yes, Great Plains Lending may charge borrowers a late payment fee
No, Great Plains Lending does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
Loan amounts start at $100 and go up to $3,000.
Applicants with a credit score of at least 300 can apply for a loan via Great Plains Lending. 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 Great Plains Lending. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.
To qualify, applicants may need to provide the following documentation:
Great Plains Lending will typically approve (or deny) a loan application within 1 hour and fund personal loans as soon as 1 business day of approval.