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).

• APRs starting at 14.99%. Personal loan interest rates typically range between 5% and 36%. The starting rates for LendingUSA Personal Loans are on the higher end of the spectrum.
• Fast access to funds. In some cases you can get your money within 1 business day.
• 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.

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 fees does LendingUSA Personal Loans charge?

What do you need to qualify 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.

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.