SuperMoney

iLoan

Unaffiliated

in Personal Loans

SuperMoney Net Recommendation Score 0% 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 recommended

1 user recommends
0 users are unsure
1 user doesn't recommend
Cast your vote
Cast your vote

Would you recommend iLoan to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Overview

Where does iLoan do business?

iLoan is a direct lender based in Saint Paul, MN. Founded in 1920, iLoan offers access to personal loans in 14 states across the USA.

What are the APRs offered via iLoan?

iLoan has a variable APR that ranges from 11.24% up to 36%.

Does iLoan charge an origination fee?

Yes, iLoan charges a loan origination fee of 0% to 5% of the loan amount. iLoan deducts the fee directly from your loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow. 

Does iLoan charge a late fee?

Yes, iLoan may charge borrowers a late payment fee

Does iLoan charge prepayment fees?

No, iLoan 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 iLoan?

Loan amounts start at $2,550 and go up to $25,000.

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

Applicants with a credit score of at least 540 can apply for a loan via iLoan . 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 iLoan. Their rates fall within the limits of The Military Lending Act.

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

  • Driver's license
  • Applicants must have an active and valid checking account
  • Proof of citizenship or residence permit
  • Recent pay stubs

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

iLoan will typically approve (or deny) a loan application within 24 hours and fund personal loans within 7 business days of approval.

ILOAN Disclosure: Loan approval and actual loan terms depend on your ability to meet our standard credit criteria (including credit history, income and debts) and the availability of collateral in certain states. Loan amounts subject to state specific minimum or maximum size restrictions. Collateral offered must meet our criteria. Active duty military, their spouse or dependents covered by the Military Lending Act may not pledge any vehicle as collateral. CA minimum loan amount is $3,000. GA minimum loan amount is $3,100. CA: Loans made pursuant to a California Department of Business Oversight Finance Lenders License. Loans through the iLoan website are made and serviced by OneMain Consumer Loan, Inc., a Delaware corporation.
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...

Contact

  • Headquarters
  • 2324 University Ave W Ste 202
    Saint Paul, MN 55114 USA
  • Visit Site

Message from iLoan

A straightforward lending process, reinvented for you.

Availability

Available in 14 States
  • Alabama
  • California
  • Delaware
  • Idaho
  • Illinois
  • Missouri
  • Nevada
  • New Mexico
  • Ohio
  • Oklahoma
  • Oregon
  • South Carolina
  • Utah
  • Wisconsin

Feature Breakdown

No Prepayment Fee
Origination Fee
Up to 5%
Minimum Age
18
Joint Loan Applications Accepted
  • Only Individual Applications
Military Status
  • Active Duty Military
  • Non-Military
Credit Score Range
540 - 640
850 300 540 640
Immigration Status Considered
  • U.S. Permanent Resident
Bank Account Required?
Verification Documents Required
  • Recent Pay Stubs
  • Driver License (or other photo ID)
  • Proof of citizenship/residence (Green Card)
Loan Amount
$2.55K - $25K
$100 $100K+
APR
11.24% - 36%
4% 100%+

Reviews

Would you recommend iLoan 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