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  Klya Credit Personal Loans

Klya Credit Personal Loans

in Personal Loans from Credit Corner Finance LLC

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Klya Credit Personal Loans

Unaffiliated

in Personal Loans from Credit Corner Finance LLC

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Highlights
APR  (Fixed APR) 59.99% - 120%
Loan Amount $500 - $3,100
Loan Term (Months) 6 - 12 months

Klya Credit Personal Loans Review

Klya Credit Personal Loans is offered by Credit Corner Finance LLC, a nonbank financial services provider founded in 2021 and based in Tampa, FL. Klya Credit Personal Loans is available in 12 states across the USA.

Key Takeaways
  • APRs starting at 59.99%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Klya Credit Personal Loans are on the higher end of the spectrum.
  • Hard credit pull required. You can't check your rates or see if you prequalify for Klya Credit Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
  • No origination fee. Klya Credit Personal Loans does not charge a loan origination fee.
  • Short loan terms. Klya Credit Personal Loans offers loan terms as short as 6 months. Most personal loans have a minimum term of 12 to 36 months.
  • Minimum income of $12,000. You will need an annual income of at least $12,000 to apply for Klya Credit Personal Loans, which is below average for the lenders in our database
Klya Credit Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • $0 origination fee.
  • Considers applicants with fair credit.
  • APRs as high as 120%.
  • Short loan terms (maximum of 12 months).
  • Do not offer pre-approval with soft credit pull.
  • Charges a late fee.
Klya Credit FAQ

What interest rates and personal loan terms does Klya Credit offer?

Klya Credit has higher than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Klya Credit offer?

Klya Credit offers a fixed APR personal loan product that ranges from 59.99% APR up to 120% APR.

How much can you borrow via Klya Credit?

Business loan amounts start at $500 and go up to $3,100.

What is the maximum loan term you can get with Klya Credit?

Klya Credit offers loans with terms of up to 12 months.

Klya Credit Interest Rates & Loan Terms
Personal Loan Amount $500 - $3100
Loan Term 6 - 12 months
APR 59.99% - 120%

What fees does Klya Credit charge?

Does Klya Credit charge an origination fee?

Klya Credit does not charge a personal loan origination fee.

A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Klya Credit charge a late fee?

Yes, Klya Credit may charge borrowers a late payment fee if you miss one of the monthly payments.

Does Klya Credit charge prepayment fees?

No, Klya Credit 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.

Klya Credit Fees
Origination Fee 0%
Prepayment Fee No
Late Payment Fee No

What do you need to qualify for Klya Credit Personal Loans?

Applicants with a credit score of at least 500 and up to 600 FICO may be eligible for Klya Credit Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

To qualify for personal loans with Klya Credit Personal Loans, applicants need a minimum annual income of $12,000 or higher. Klya Credit Personal Loans only considers borrowers who are employed and meet the minimum income requirement.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the Klya Credit Personal Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Klya Credit Personal Loans.

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

  • Applicants must have an active and valid personal checking account
  • Recent pay stubs
  • Proof of income
  • Driver's license
  • Government issued photo ID
  • Proof of identity
  • Proof of citizenship or residence permit
Klya Credit Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Application Types Accepted
  • Individual Applications
  • Credit Score 500 - 600 FICO

    Does Klya Credit Personal Loans report your account activity to credit bureaus?

    Yes, Klya Credit Personal Loans reports your account activity to the following credit reporting agencies:

    • Equifax
    • Experian
    • Transunion

    Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help improve your credit.

    Klya Credit Personal Loans Disclosure: Loan terms presented above are not guaranteed and are subject to verification of identity and credit underwriting. Not all applicants will be approved. If approved, your actual rate, loan amount, and other loan terms may vary based on credit determination, income, and other factors. For example, a $1000 loan with an APR of 120% and a 12-month term would have monthly payments of $146.76. Loan availability, amount, and terms depend on your state of residence. Loan amounts generally range from $500 - $2,000. Available loan amounts differ in the following states: $2,050 - $2,500 in Alabama, $1,100 - $2,000 in Idaho, $550 - $2000 in Mississippi, $500 - $1500 in Oklahoma, $650 - $2000 in South Carolina, $500 - $1450 in Texas. Customers who have an outstanding loan from Klya Credit are not eligible for this offer. Upon contract signature, loan proceeds are deposited via Debit Card within 15 minutes, seven days a week.
    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.

    Message From Klya Credit Personal Loans

    The financial system is fundamentally broken. Banks won’t lend to 40% of Americans who can’t cover an unexpected $400 expense. Meanwhile, overdraft fees and predatory lenders like payday loans keep Americans in a cycle of debt.

    Our mission is to ensure all Americans, even with bad credit, have access to funds when they need it with a same-day loan that's funded in 15 minutes or less. We believe you shouldn’t need to read fine print to understand what you’re borrowing—and that you deserve every opportunity to build credit and create a strong financial future.

    Contact

    Hours of Operation

    • Sunday 9:00am - 5:00pm
    • Monday 8:00am - 8:00pm
    • Tuesday 8:00am - 8:00pm
    • Wednesday 8:00am - 8:00pm
    • Thursday 8:00am - 8:00pm
    • Friday 8:00am - 8:00pm
    • Saturday 9:00am - 5:00pm

    About Klya Credit Personal Loans

    Availability

      Available in 12 states
    • Alabama
    • Delaware
    • Georgia
    • Idaho
    • Missouri
    • Mississippi
    • New Mexico
    • Oklahoma
    • South Carolina
    • Texas
    • Utah
    • Wisconsin

    Feature Breakdown

    No Origination Fee
    No Prepayment Fee
    Origination Fee (%) 0%
    Checking Account Required
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Self-Employed
    • Retired
    Immigration Status Considered
    • U.S. Citizen
    Joint Loan Applications Accepted
    • Individual Applications
    Military Status
    • Non-Military
    • Veterans
    Minimum Age 18
    Minimum Annual Income $12,000
    Supported Income Types
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
    • 1099 Misc. Income
    Verification Documents Required
    • Driver License (or other photo ID)
    • Proof of citizenship/residence (Green Card)
    • Recent Pay Stubs
    • Proof of Income
    • Proof of Identity
    • Government Issued Photo ID
    • Social Security Number
    Credit Score Range 500 - 600
    Approval Speed 1 hour
    Credit Bureau Reporting
    • Experian
    • Equifax
    • TransUnion
    Funding Time Range Up to 1 day
    Payment Options
    • Automatic Payments
    • Check by mail
    • Storefront
    • Credit/Debit Card
    • Cash
    • Bank Transfer
    Loan Amount $500 - $3,100
    APR (Fixed APR) 59.99% - 120%
    Loan Term 6 - 12 months

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