Personify Financial Personal Loans Review

Personify Financial Personal Loans is offered by Applied Data Finance, LLC, a direct lender founded in 2015 and based in San Diego, CA. Personify Financial Personal Loans is available in 26 states across the USA.

Key takeaways

• Fast access to cash. In some cases you can get your money within 1 business day.
• Poor credit accepted. Even if you have bad or poor credit, you can apply. Borrowers with a credit score as low as 560 are considered for Personify Financial Personal Loans.
• Origination fees of up to 5%. This is average for lenders that charge origination fees. However, plenty of lenders don't charge them. Origination fees are deducted from the loan amount, so consider them when deciding how much you need to borrow.

Personify Financial Personal Loans Pros and Cons:

Pros	Cons
$0 prepayment fee. Considers applicants with poor credit. Fast funding.	APRs as high as 199%. Charges an origination fee of up to 5% of the loan amount. Personify Financial Personal Loans does not report to credit bureaus. Charges a late fee. No co-sign option.

What rates and terms does Personify Financial Personal Loans offer?

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

What fees does Personify Financial Personal Loans charge?

What do you need to qualify for Personify Financial Personal Loans?

Applicants with a credit score of at least 560 and up to 750 are eligible for Personify Financial Personal Loans. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Personify Financial 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. APRs for the Personify Financial 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.

Permanent resident / green card holders are also eligible to apply.

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

• Applicants must have an active and valid personal checking account
• Recent pay stubs
• Proof of citizenship or residence permit

Personify Financial Personal Loans Eligibility Criteria

Minimum Age	18
Bank Account Required?	Yes
Application Types Accepted	Individual Applications
Credit Score	560 - 750

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

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