SuperMoney

LoanMe

in Personal Loans

Unaffiliated Visit Site

LoanMe

Unaffiliated

in Personal Loans

SuperMoney Net Recommendation Score -89% 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.

Strongly not recommended

7 users recommend
3 users are unsure
147 users don't recommend
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Overview

Where does LoanMe do business?

LoanMe is based in Anaheim, CA. It was founded in 2014 and offers access to personal loans in 10 states across the USA.

What are the APRs offered via LoanMe?

LoanMe offers personal loans with APRs starting at 12.22% and up to 184.36%.

Does LoanMe charge an origination fee?

Yes, LoanMe charges a loan origination fee. 

Does LoanMe charge a late fee?

Yes, LoanMe may charge borrowers a late payment fee

Does LoanMe charge prepayment fees?

Yes, LoanMe charges additional fees to borrowers who pay off their loans soon than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a loan early.

How much can you borrow via LoanMe?

Loan amounts start at $2,600 and go up to $100,000.

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

Applicants with a credit score of at least 300 can apply for a loan via LoanMe. The minimum age to apply for a loan is 18 or the state minimum, whichever is higher.

Active duty servicemembers and their covered dependents cannot apply for a loan via LoanMe. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.

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

  • Driver's license
  • Applicants must have an active and valid checking account
  • Recent pay stubs
  • Proof of income

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

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

Credit approval is subject to LoanMe's credit standards, and actual terms (including actual loan amount) may vary by applicant. LoanMe requires certain supporting documentation with each new application. If you have any questions regarding this, call us at 1-844-311–2274. California loans are made pursuant to LoanMe's California Department of Business Oversight Financing Law License #603K061. LoanMe also offers loans in certain other states which may have higher minimum loan amounts.
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Contact

  • Headquarters
  • LoanMe, Inc.
    1900 S. State College Boulevard, Suite 300
    Anaheim, CA 92806 USA
  • Visit Site

Message from LoanMe

LoanMe is a California based lender that offers unsecured installment loans to qualified borrowers. Our loans are typically used for one-time purchases or debt consolidation. The process is fast and easy and it’s even possible to have money deposited into your checking account in as fast as 3-4 hours!

Other Services by LoanMe

Availability

Available in 10 States
  • Arizona
  • California
  • Delaware
  • Idaho
  • Missouri
  • New Mexico
  • South Carolina
  • South Dakota
  • Utah
  • Wisconsin

Feature Breakdown

Minimum Age
18
Joint Loan Applications Accepted
  • Only Individual Applications
Military Status
  • Military Dependent
  • Non-Military
  • Veterans
Credit Score Range
300 - 700
850 300 700
Immigration Status Considered
  • U.S. Permanent Resident
Bank Account Required?
Verification Documents Required?
  • Proof of Income
  • Recent Pay Stubs
  • Driver License (or other photo ID)
Funding Time Range (in days)
1 - 7
0 14
Approval Speed (Hours)
24
Pre-Approved Soft Credit Inquiry
Payment Options
  • Automatic Payments
Loan Amount
$2.6K - $100K
$100 $100K+
APR
12.22% - 184.36%
4% 100%+

Reviews

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