Last Updated: 01/15/2026
SuperMoney User Recommendation Score +46
Mostly recommended65 total votes
Explore a similar product
Try this top product in Personal Loans
Avant Loans
Strongly recommended703 reviews
Community Recommended Products
View AllSponsored
Strongly recommended703 Reviews
Learn MoreSponsored
Strongly recommended326 Reviews
Learn MoreSponsored
Strongly recommended314 Reviews
Learn MoreGet Competing Personal Loan Offers
Compare personal loan offers from multiple vetted lenders.
Discover your lowest eligible rate in minutes.
See how much you qualify for and what your monthly payment will be.
Get Personalized Rates
It's quick, easy, and won't hurt your credit score.
Highlights
Community Rating
Mostly recommended
APR (Fixed APR)
29% - 299%(Verified 06/21/2024)
Disclaimer popup with additional information
Amount Range
$1,000 - $5,000
Loan Term (Months)
12 - 48
Number of Reviews
LoanNow Personal Loans Review
LoanNow Personal Loans is offered by LoanNow, LLC, a direct lender founded in 2013 and based in Santa Ana, CA. LoanNow are available in 7 states.
Key Takeaways
- APRs starting at 29%. Personal loan interest rates typically range between 9% and 36%. The starting rates for LoanNow Personal Loans are on the higher end of the spectrum.
- Same day funding available. In some cases you may be able to access your money the same day you apply.
- No origination fee. LoanNow Personal Loans does not charge a loan origination fee.
LoanNow Pros & Cons
| Pros | Cons |
|
|
LoanNow FAQ
What interest rates and personal loan terms does LoanNow offer?
LoanNow has higher than average interest rates for lenders reviewed on SuperMoney.
What interest rates does LoanNow offer?
LoanNow offers a fixed APR personal loan product that ranges from 29% APR up to 299% APR.
How much can you borrow via LoanNow?
Personal loan amounts start at $1,000 and go up to $5,000
What is the maximum loan term you can get with LoanNow?
LoanNow offers loans with terms of up to 48 months.
| Personal Loan Amount | $1000 - $5000 |
| Loan Term | 12 - 48 months |
| APR | 29% - 299% |
What fees does LoanNow charge?
Does LoanNow charge an origination fee?
LoanNow does not charge a personal loan origination fee.
A personal loan origination fee is what some lenders charge for processing, underwriting, and funding a personal loan. Typically origination fees range from 0.5% to 5% of the personal loan amount. Whenever possible, consider lenders that don’t charge origination fees.
Does LoanNow charge a late fee?
LoanNow does not disclose whether it charges late payment fees.
Does LoanNow charge prepayment fees?
No, LoanNow does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | No |
| Prepayment Fee | N/A |
| Late Payment Fee | No |
What do you need to qualify for LoanNow Personal Loans?
Applicants with a credit score of at least 500 and up to 700 may be eligible for LoanNow Personal Loans. The minimum age to be eligible is 21 or the state minimum, whichever is higher. LoanNow Personal Loans does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by LoanNow Personal Loans.
To qualify, applicants may need to provide the following documentation:
- Applicants must have an active and valid personal checking account
- Proof of identity
| Minimum Age | 21 |
| Bank Account Required? | Yes |
| Application Types Accepted |
|
| Credit Score | 500 - 700 |
What is the estimated funding time for a personal loan via LoanNow?
LoanNow will typically fund loans within 0 to 2 business days of approval and clearing necessary verifications.
Does LoanNow Personal Loans report your account activity to credit bureaus?
Yes, LoanNow Personal Loans reports to the following credit bureaus:
- TransUnion
- Clarity Services
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does LoanNow, LLC perform a hard credit pull?
Yes, LoanNow performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Are LoanNow Personal Loans legit?
LoanNow was founded in 2013, it is a well-established company that has been in business for 13 years. Based on their "mostly recommended" SuperMoney community rating, they seem to be a reputable company.
SuperMoney Disclosure: SuperMoney.com 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...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
All Day
Monday
All Day
Tuesday
All Day
Wednesday
All Day
Thursday
All Day
Friday
All Day
Saturday
All Day
Other Services by LoanNow, LLC
Community Recommended Products
View AllSponsored
Strongly recommended703 Reviews
Learn MoreSponsored
Strongly recommended326 Reviews
Learn MoreSponsored
Strongly recommended314 Reviews
Learn MoreSuperMoney Net Recommendation Score
SuperMoney users mostly recommend this product, giving it a user recommendation score of +46, or 3.9 on a 5-point rating scale.
+46
-1000+100
No one recommends
Everyone recommends
LoanNow Personal Loans Community Reviews
Would you recommend LoanNow Personal Loans to your friends?
TG
Trey G.
Dec 11, 2020
May or may not recommend
I highly recommend ‘LoanNow’! This is personal loan company without any catches or hidden fees. The terms are stated simply, and the interface is user friendly. For those who left bad comments, I’d elect that some of them weren’t sure of what this company offered. LoanNow offers personal loans, nothing less and nothing more. They are not your company if you’re looking to refinance. They simply offer personal loans between ...Show More
DO
Dahunsi O.
Nov 18, 2020
May or may not recommend
LoanNow isn't the best loan service out there. However, they get the job done regardless. Their account managers are knowledgeable, and I was able to get my loan approved without any hassle. Interest rates are reasonable, and there are no hidden charges.
AA
Aisha A.
Nov 11, 2020
May or may not recommend
Had a great experience using LoanNow personal loans. They are easy to work with, they were swift in responding which is not easy to come about. They were also very relaxed and they were happy to answer all my questions when I needed a loan to buy a car.
I must say I really appreciate the personal service that I have received from my loan officer. He really make ...Show More
TW
Thomas W.
Nov 4, 2020
May or may not recommend
LoanNow accepted me when other Loan companies rejected me because of Bad credit score. That's not even the plus of it. The entire loan application process is swift and hassle-free. I got my personal loan as early as possible and I was able to sort the bills on me. Thank you, strongly recommended.
Esther O.
Sep 23, 2020
May or may not recommend
These people should be given an award for the "World's Best Crooks." If you go in with a bad record, they will most likely ruin your life. They can be quite nice before giving the loan - this is not to say that they have an excellent customer service because they do not.
I called about a loan, and my CR was 645. I was able to access $3,000. It ...Show More
Johnny C.
Feb 23, 2018
May or may not recommend
Worst company I've ever done business with, I borrowed 5,000, I made a couple of payments then I was involved in a near death motorcycle accident and was out of work for 8 months, meanwhile, without being served, they put a lien on my house and are garnishing my wages , not for the 5,000$ loan but for 15,000$!!!
Don't do it , this is predatory lending at its worse!!!
David M Green
Apr 19, 2017
May or may not recommend
I got a loan from these crooks...high interest, etc. yet I agreed and took the loan out of need. I struggled making the extremely large payments monthly. Eventually couldnt keep up with payments. Made an agreement to take care of bal. and made 3 of 6 payments at over 550.00 ea. Christmas came. and was unable to make payment on time...emailed several times asking for help ...Show More
U
Anonymous
Jun 6, 2016
May or may not recommend
I need money to pay bills
Ok and ill get it.
U
Anonymous
Mar 27, 2016
May or may not recommend
I was trying to consolidate my bills. My credit score was 635. I quickly prequalified then went through the 2nd portion of the application. It was simple enough, but I received a message saying it was taking longer than expected & they would send an e-mail soon which they did, only to inform me that my credit score was 631 & that didn't necessarily mean I wouldn't ...Show More
U
Anonymous
Mar 4, 2016
May or may not recommend
Filling out the application was easy, was given a loan amount and payment schedule quickly. Only had to send in two documents that was seamless to upload and approved the next day.
U
Anonymous
Mar 4, 2016
May or may not recommend
I have bad credit, 620. So I applied for a $2500 loan and got approved, with 229% APR. My total payment would be $6422: $247, 26 payments for a $2500 loan. If you have bad credit, stay away from this company.
U
Anonymous
Feb 24, 2016
May or may not recommend
What a joke first they said I was pre-qualified then after process not approved.
U
Anonymous
Dec 10, 2015
May or may not recommend
Just keep in mind that companies pay other companies to post good reviews. I know this because I have several business owners in my family that get offered positive facebook and website reviews in exchance for money. companies doing this dubious practice are foreigner, located mainly in india and pakistan.
U
Anonymous
Dec 9, 2015
May or may not recommend
Company needs to change advertising claim. Their message youre a person not a credit score is false because pre qualification is based on score.
Sydney P.
Oct 19, 2015
May or may not recommend
Attempted to apply, but I get a "server error" message when I had pressed the "everything looks fine" button. I probably would have been declined anyway.
U
Anonymous
Oct 18, 2015
May or may not recommend
Did not get approved, after credit was checked. Even though the website says "you're a person, not a credit score", the credit criteria is definitely used, not the person.
U
Anonymous
Aug 20, 2015
May or may not recommend
This place is full of shit. The sent me a text and an email saying congratulations you have been approved, it will take 2-3 business days for you to receive your funds. On the 3rd business day I didn't receive the funds so I called. They told me "Oh I don't know what happened, maybe the computer was down but your loan has been denied". What a waste ...Show More
U
Anonymous
Jul 22, 2015
May or may not recommend
they did not get me the loan i needed, took a hit on my credit report that i did not need to take. very frustrating. did not get back to me in the 20 minutes that they said.
U
Anonymous
Jun 29, 2015
May or may not recommend
Credit Score of 620. Not Approved. Wow. Reviews made the process seem simple, but I was denied immediately. Everybody else in reviews seemed like their were approved with bad credit. Not me.
U
Anonymous
Jun 2, 2015
May or may not recommend
When they say they actually care about their customers, they mean it. I don't think I have ever come across a loan company quite like this. They gave me the cash I needed, in a short amount of time, and I did everything online. Awesome experience!
Showing 20 of 65 reviews
10 other reviews that are currently hiddenYou might also like
Best Personal Loans
SuperMoney
What You Need to Know About Personal Loan Rates
Audrey Henderson
Point-of-Sale Financing: How to Finance Purchases Online
Eliana Carmona