LendingUSA Personal Loans

LendingUSA Personal Loans

in Personal Loans from LendingUSA, LLC


LendingUSA Personal Loans


in Personal Loans from LendingUSA, LLC

SuperMoney Net Recommendation Score +19% 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

27 users recommend
3 users are unsure
18 users don't recommend
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Community Rating Mostly recommended
Loan Amount $1,000 - $35,000
APR  (Fixed APR) 14.99% - 29.99%
Loan Term 36 - 60 months
Number of Reviews 48

LendingUSA Personal Loans Review

LendingUSA Personal Loans is offered by LendingUSA, LLC, a financial services company founded in 2007 and based in Sherman Oaks, CA. LendingUSA Personal Loans is available in 46 states (and Washington, DC).

Key takeaways

  • Fast access to cash. In some cases you can get your money within 1 business day.
  • Fair credit accepted. The credit score needed for LendingUSA Personal Loans is relatively low. Borrowers with a credit score as low as 620 may qualify for LendingUSA Personal Loans.
  • Hard credit pull required. You can't check your rates or see if you prequalify for LendingUSA Personal Loans without a hard pull on your credit report. Most lenders give you the option of a soft pull on you credit report.
  • Origination fee of 8%. This is on the high end for lenders on SuperMoney's database.

LendingUSA Personal Loans Pros and Cons:

Pros Cons
  • $0 prepayment fee.
  • LendingUSA Personal Loans does not report to credit bureaus.
  • Considers applicants with poor credit.
  • Fast funding.
  • APRs as high as 29.99%.
  • Charges an origination fee of up to 8% of the loan amount.
  • Do not offer pre-approval with soft credit pull.
  • Charges a late fee.
  • No co-sign option.

What rates and terms does LendingUSA Personal Loans offer?

LendingUSA Personal Loans has higher interest rates than the average for lenders reviewed on SuperMoney.

What APR rate does LendingUSA Personal Loans offer?

LendingUSA Personal Loans offers a fixed APR personal loan product that ranges from 14.99% APR up to 29.99% APR.

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 LendingUSA Personal Loans?

Loan amounts start at $1,000 and go up to $35,000.

What can a personal loan from LendingUSA Personal Loans be used for?

Personal loans from LendingUSA Personal Loans are typically used for special purchases, debt consolidation, home improvement projects, weddings, unexpected expenses or similar purposes.

What is the maximum loan term you can get with LendingUSA Personal Loans?

LendingUSA Personal Loans offers personal loans with terms ranging from 36 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.

LendingUSA Personal Loans Rates & Terms
Loan Amount $1000 - $35000
Loan Term 36 - 60 months
APR 14.99% - 29.99%

What fees does LendingUSA Personal Loans charge?

Does LendingUSA Personal Loans charge an origination fee?

LendingUSA Personal Loans may charge a loan origination fee of 8% of the loan amount. LendingUSA Personal Loans 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 LendingUSA Personal Loans charge a late fee?

Yes, LendingUSA Personal Loans may charge borrowers a late payment fee.

Does LendingUSA Personal Loans charge prepayment fees?

No, LendingUSA 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.

LendingUSA Personal Loans Fees
Origination Fee 8%
Prepayment Fee? No
Late Payment Fee N/A

What do you need to qualify for LendingUSA Personal Loans?

Applicants with a credit score of at least 620 and up to 850 are eligible for LendingUSA Personal Loans.

LendingUSA Personal Loans does not have or does not disclose a minimum annual income eligibility 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. Active duty service members and their covered dependents are eligible to apply for a loan via LendingUSA Personal Loans. Their rates fall within the limits of The Military Lending Act.

Permanent resident / green card holders are also eligible to apply.

LendingUSA Personal Loans Eligibility Criteria
Minimum Age N/A
Bank Account Required? No
Application Types Accepted
  • Individual Applications
  • Credit Score 620 - 850

    What is the estimated funding time for a personal loan via LendingUSA Personal Loans?

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

    SUPERMONEY Disclosure: 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...


    • Headquarters
    •   15303 Ventura Blvd., Suite 850
      Sherman Oaks, CA 91403
    •   Visit Site

    Other Services by LendingUSA, LLC


      Available in 46 states and Washington, D.C.
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Delaware
    • Washington, DC
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Illinois
    • Indiana
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maine
    • Maryland
    • Massachusetts
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • Nebraska
    • Nevada
    • New Hampshire
    • New Jersey
    • New Mexico
    • North Carolina
    • North Dakota
    • Ohio
    • Oklahoma
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Virginia
    • Washington
    • Wisconsin
    • Wyoming

    Feature Breakdown

    No Prepayment Fee  
    Origination Fee (%) 8%
    Immigration Status Considered U.S. Permanent Resident
    Joint Loan Applications Accepted Individual Applications
    Military Status
    • Active Duty Military
    • Military Dependent
    • Non-Military
    • Veterans
    Credit Score Range 620 - 850
    Loan Amount $1,000 - $35,000
    APR (Fixed APR) 14.99% - 29.99%
    Loan Term 36 - 60 months

    LendingUSA Personal Loans Community Reviews


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