LoanMe Personal Loans

LoanMe Personal Loans

in Personal Loans from LoanMe Inc.


LoanMe Personal Loans


in Personal Loans from LoanMe Inc.

SuperMoney Net Recommendation Score -87% 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

10 users recommend
4 users are unsure
167 users don't recommend
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Community Rating Strongly not recommended
Loan Amount $2,600 - $50,000
APR  (Fixed APR) 26.74% - 184.36%
Loan Term 36 - 180 months
Number of Reviews 181

LoanMe Personal Loans Review

LoanMe Personal Loans is offered by LoanMe Inc., a direct lender founded in 2014 and based in Anaheim, CA. LoanMe Personal Loans is offered in 9 states across the USA.

What rates and terms does LoanMe Personal Loans offer?

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

What personal loan APRs does LoanMe Personal Loans offer?

LoanMe Personal Loans offers a fixed APR personal loan product that ranges from 26.74% APR up to 184.36% 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 LoanMe Personal Loans?

Loan amounts start at $2,600 and go up to $50,000.

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

Personal loans from LoanMe 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 LoanMe Personal Loans?

LoanMe Personal Loans offers personal loans with terms ranging from 36 to 180 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.

LoanMe Personal Loans Rates & Terms
Loan Amount $2600 - $50000
Loan Term 36 - 180 months
APR 26.74% - 184.36%

What fees does LoanMe Personal Loans charge?

Does LoanMe Personal Loans charge an origination fee?

LoanMe Personal Loans charges a loan origination fee of 0% to 33% of the loan amount (origination fees and requirements vary by state). LoanMe 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 LoanMe Personal Loans charge a late fee?

Yes, LoanMe Personal Loans may charge borrowers a late payment fee of up to $15, which is triggered if you're 15 days late.

Does LoanMe Personal Loans charge prepayment fees?

No, LoanMe 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.

LoanMe Personal Loans Fees
Origination Fee 0% - 33%
Prepayment Fee? No
Late Payment Fee $15

What do you need to qualify for LoanMe Personal Loans?

Applicants with a credit score of at least 300 and up to 700 are eligible for LoanMe Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

LoanMe Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. LoanMe Personal Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations.

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 LoanMe 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.

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

  • Applicants must have an active and valid checking account
  • Recent pay stubs
  • Proof of income
  • Driver's license
  • Proof of identity
LoanMe Personal Loans Eligibility Criteria
Minimum Age 18
Bank Account Required? Yes
Application Types Accepted
  • Individual Applications
  • Credit Score 300 - 700

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

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

    Does LoanMe Personal Loans report your account activity to credit bureaus?

    LoanMe Personal Loans reports your account activity to the following credit reporting agencies:

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

    LOANME PERSONAL LOANS Disclosure: 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.
    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
    •   1900 S. State College Boulevard, Suite 300
      Anaheim, CA 92806 USA
    •   Visit Site

    Message from LoanMe Inc.

    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 Inc.


    Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. Delaware Florida Georgia Hawaii Iowa Idaho Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Maine Michigan Minnesota Missouri Mississippi Montana North Carolina North Dakota Nebraska New Hampshire New Jersey New Mexico Nevada New York Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington Wisconsin West Virginia Wyoming
      Available in 9 states
    • Arizona
    • California
    • Delaware
    • Idaho
    • Kentucky
    • Missouri
    • New Mexico
    • South Carolina
    • Utah

    Feature Breakdown

    No Prepayment Fee  
    Late Fee After (number of days) 15
    Late Fee Amount $15
    Origination Fee 0% - 33%
    Minimum Age 18
    Credit Score Range 300 - 700
    Immigration Status Considered
    • U.S. Permanent Resident
    Bank Account Required  
    Employment Statuses Considered
    • Employed Full-Time
    • Employed Part-Time
    • Other
    • Retired
    • Self-Employed
    • Unemployed
    Military Status
    • Military Dependent
    • Non-Military
    • Veterans
    Supported Income Types
    • 1099 Misc. Income
    • Cash
    • Direct Deposit (W2, SSA, SSDI)
    • Payroll Check or Prepaid Card
    • Tax Returns
    Joint Loan Applications Accepted
    • Individual Applications
    Verification Documents Required
    • Proof of Identity
    • Proof of Income
    • Recent Pay Stubs
    • Driver License (or other photo ID)
    Funding Time Range (in days) 1 - 7
    Approval Speed (Hours) 24
    Pre-Approved Soft Credit Inquiry  
    Credit Bureau Reporting
    • Clarity Services
    Payment Options
    • Automatic Payments
    • Check by mail
    Loan Amount $2.6K - $50K
    Loan Term 36 - 180 months
    APR (Fixed APR) 26.74% - 184.36%

    LoanMe Personal Loans Community Reviews


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