Motive Personal Loans
Motive Personal Loans
in Personal Loans from Motive Loan

Motive Personal Loans

in Personal Loans from Motive Loan
Net Recommendation Score -100  


This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.


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.

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APR  (Fixed APR) 5.99% - 35.99%
Loan Amount $100 - $5,000
Loan Term (Months) 2 - 72 months

Motive Personal Loans Review

Motive Personal Loans is offered by Motive Loan, a nonbank financial services provider founded in and based in Grandville, MI. Motive Personal Loans is available in 50 states (and Washington, DC).

Key Takeaways

  • APRs starting at 5.99%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Motive Personal Loans are on the lower end of the spectrum.
  • Charges a prepayment fee. This is rare for personal loans. It means you will have to pay a fee if you pay off your Motive Personal Loans early.
  • Origination fees of up to 10%. This is on the high end for lenders on SuperMoney's database. Origination fees are deducted from the loan amount, so consider them when deciding how much you need to borrow.
  • Cosigner applications accepted. Applying for Motive Personal Loans with a cosigner can improve your chances of approval and help you qualify for lower interest rates.
  • Short loan terms. Motive Personal Loans have loan terms as short as 2 months.
  • Super long loan terms. Motive Personal Loans offers loan terms of up to 72 months. Most personal loans have a maximum term of 60 months.

Motive Loans Pros & Cons

Pros Cons
  • Low APRs available to qualified borrowers.
  • Considers applicants with fair credit.
  • Cosigners accepted.
  • APRs as high as 35.99%.
  • Charges an origination fee of up to 10% of the loan amount.
  • Do not offer pre-approval with soft credit pull.
  • Charges prepayment fees.
  • Charges a late fee.

Motive Loans FAQ

What interest rates and personal loan terms does Motive Loans offer?

Motive Loans has lower than average interest rates for lenders reviewed on SuperMoney.

What interest rates does Motive Loans offer?

Motive Loans offers a fixed APR personal loan product that ranges from 5.99% APR up to 35.99% APR.

How much can you borrow via Motive Loans?

Personal loan amounts start at $100 and go up to $5,000.

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

Motive Loans offers loans with terms of up to 72 months.

Motive Loans Interest Rates & Loan Terms
Personal Loan Amount $100 - $5000
Loan Term 2 - 72 months
APR 5.99% - 35.99%

What fees does Motive Loans charge?

Does Motive Loans charge an origination fee?

Motive Loans may charge a personal loan origination fee of 3% to 10% of the personal loan amount. Motive Loans deducts the origination fee directly from your personal loan amount, so make sure you take this fee into account when deciding how much you need to borrow.

Does Motive Loans charge a late fee?

No, Motive Loans will not charge you a late fee if you miss one of the monthly payments.

Does Motive Loans charge prepayment fees?

No, Motive Loans 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.

Motive Loans Fees
Origination Fee 3% - 10%
Prepayment Fee N/A
Late Payment Fee No

What do you need to qualify for Motive Personal Loans?

Applicants with a credit score of at least 500 and up to 850 may be eligible for Motive Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Motive Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Motive Personal Loans will consider borrowers regardless of their employment status if they can prove their ability to repay their obligations. Note that borrowers can add a cosigner to either meet eligibility requirements or qualify for lower interest rates.

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 Motive Personal Loans. Their rates fall within the limits of The Military Lending Act.

U.S. citizens are, of course, eligible for the services offered by Motive Personal Loans. Permanent resident / green card holders are also eligible to apply.

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

  • Recent pay stubs
  • Driver's license
  • Government issued photo ID
  • Proof of identity
  • Proof of citizenship or residence permit
Motive Loans Eligibility Criteria
Minimum Age 18
Bank Account Required? No
Application Types Accepted
  • Cosigners
  • Individual Applications
  • Credit Score 500 - 850

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

    Yes, Motive Personal Loans reports your account activity to the following credit reporting agencies:

    • Equifax
    • Experian
    • Transunion

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

    Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.

    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...
    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 Closed
    • Monday 9:00am - 5:00pm
    • Tuesday 9:00am - 5:00pm
    • Wednesday 9:00am - 5:00pm
    • Thursday 9:00am - 5:00pm
    • Friday 9:00am - 5:00pm
    • Saturday Closed

    About Motive Personal Loans


      Available in 50 states and Washington, D.C.
    • Alaska
    • Alabama
    • Arkansas
    • Arizona
    • California
    • Colorado
    • Connecticut
    • Washington, DC
    • 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

    Feature Breakdown

    Origination Fee (%) 3% - 10%
    Employment Statuses Considered
    • Other
    • Employed Full-Time
    • Employed Part-Time
    • Self-Employed
    • Retired
    • Unemployed
    Immigration Status Considered
    • U.S. Citizen
    • U.S. Permanent Resident
    Joint Loan Applications Accepted
    • Cosigner
    • Individual Applications
    Military Status
    • Active Duty Military
    • Non-Military
    • Veterans
    • Military Dependent
    Minimum Age 18
    Supported Income Types
    • Direct Deposit (W2, SSA, SSDI)
    • Cash
    • Payroll Check or Prepaid Card
    • 1099 Misc. Income
    Verification Documents Required
    • Driver License (or other photo ID)
    • Proof of citizenship/residence (Green Card)
    • Recent Pay Stubs
    • Proof of Identity
    • Government Issued Photo ID
    • Social Security Number
    Credit Score Range 500 - 850
    Approval Speed 1 hour
    Credit Bureau Reporting
    • Experian
    • Equifax
    • TransUnion
    Payment Options
    • Automatic Payments
    • Check by mail
    • Bank Transfer
    APR Type Fixed APR
    Loan Amount $100 - $5,000
    APR (Fixed APR) 5.99% - 35.99%
    Loan Term 2 - 72 months

    Motive Personal Loans Community Reviews


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    This product is strongly not recommended by SuperMoney users with a score of -100, equating to 1 on a 5 point rating scale.


    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.

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