KwikCash Personal Loans
in Personal Loans from KwikCash Inc.
Would you recommend KwikCash Personal Loans to your friends?
| Community Rating | Strongly recommended |
| APR (Fixed APR) | 87% - 399% |
| Loan Amount | $500 - $10,000 |
| Loan Term (Months) | 6 - 60 months |
| Number of Reviews | 56 |
KwikCash Personal Loans Review
KwikCash Personal Loans is offered by KwikCash Inc., a direct lender founded in 2008 and based in Irvine, CA. KwikCash Personal Loans is available in 6 states across the USA.
Key takeaways
- Fast access to cash. In some cases you can get your money within 1 business day.
- Poor credit accepted. Even if you have bad or poor credit, you can apply. Borrowers with a credit score as low as 500 are considered for KwikCash Personal Loans.
- Hard credit pull required. You can't check your rates or see if you prequalify for KwikCash 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. KwikCash Personal Loans does not charge a loan origination fee.
- Cosigner applications accepted. Applying for KwikCash Personal Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
- Short loan terms. KwikCash 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 $30,000. You will need an annual income of at least $30,000 to apply for KwikCash Personal Loans, which is above average for the lenders in our database.
KwikCash Personal Loans Pros and Cons:
| Pros | Cons |
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What rates and terms does KwikCash Personal Loans offer?
KwikCash Personal Loans has higher interest rates than the average for lenders reviewed on SuperMoney.
What APR rate does KwikCash Personal Loans offer?
KwikCash Personal Loans offers a fixed APR personal loan product that ranges from 87% APR up to 399% APR. Interest rates vary by state.
Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.
How much can you borrow via KwikCash Personal Loans?
Loan amounts start at $500 and go up to $10,000.
What can a personal loan from KwikCash Personal Loans be used for?
Personal loans from KwikCash Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, medical expenses & procedures, unexpected expenses or similar purposes.
What is the maximum loan term you can get with KwikCash Personal Loans?
KwikCash Personal Loans offers personal loans with terms ranging from 6 to 60 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
| Loan Amount | $500 - $10000 |
| Loan Term | 6 - 60 months |
| APR | 87% - 399% |
What fees does KwikCash Personal Loans charge?
Does KwikCash Personal Loans charge an origination fee?
KwikCash Personal Loans 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 KwikCash Personal Loans charge a late fee?
Yes, KwikCash Personal Loans may charge borrowers a late payment fee of up to $10, which is triggered if you're 10 days late.
Does KwikCash Personal Loans charge prepayment fees?
No, KwikCash Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
| Origination Fee | N/A |
| Prepayment Fee? | No |
| Late Payment Fee | $10 |
What do you need to qualify for KwikCash Personal Loans?
Applicants with a credit score of at least 500 and up to 660 are eligible for KwikCash Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.To qualify for personal loans with KwikCash Personal Loans, applicants need a minimum annual income of $30,000 or higher. KwikCash 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 KwikCash 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 KwikCash Personal Loans. Permanent resident / green card holders are also eligible to apply.
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
| Minimum Age | 18 |
| Bank Account Required? | Yes |
| Application Types Accepted |
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| Credit Score | 500 - 660 |
What is the estimated funding time for a personal loan via KwikCash Personal Loans?
KwikCash Personal Loans will typically approve (or deny) a loan application within 24 hours and fund personal loans within 2 business days of approval.
Contact
- Headquarters
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9150 Irvine Center Drive
Irvine, CA 92618 - Visit Site
About KwikCash Personal Loans
Message From KwikCash Inc.
Availability
- Alabama
- Idaho
- Mississippi
- Missouri
- South Carolina
- Utah
Feature Breakdown
| No Origination Fee | |
| No Prepayment Fee | |
| Late Fee After | 10 days |
| Late Fee Amount | $10 |
KwikCash Personal Loans Community Reviews
Would you recommend KwikCash Personal Loans to your friends?
