SuperMoney
  Personify Financial Personal Loans

Personify Financial Personal Loans

in Personal Loans from Applied Data Finance, LLC

Unaffiliated

Personify Financial Personal Loans

Unaffiliated

in Personal Loans from Applied Data Finance, LLC

SuperMoney Net Recommendation Score -78

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -78, equating to 1.4 on a 5 point rating scale.

-78

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

5 users recommend
3 users are unsure
52 users don't recommend
Cast your vote

Would you recommend Personify Financial Personal Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating Strongly not recommended
APR  (Fixed APR) 35% - 199%
Loan Amount $1,000 - $10,000
Loan Term (Months) 12 - 36 months
Number of Reviews 60

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
  • APRs starting at 35%. Personal loan interest rates typically range between 5% and 36%. The starting rates for Personify Financial Personal Loans are on the higher end of the spectrum.
  • Fast access to funds. In some cases you can get your money within 1 business day.
  • Prequalified rate. You can check your prequalified rate at Applied Data Finance, LLC with a soft pull that will not affect your credit score.
  • 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 loans Pros & Cons
Pros Cons
  • $0 prepayment fee.
  • Considers applicants with fair credit.
  • APRs as high as 199%.
  • Charges an origination fee of up to 5% of the loan amount.
  • Charges a late fee.
Personify loans FAQ

What interest rates and personal loan terms does Personify loans offer?

Personify loans has higher interest rates than the average for lenders reviewed on SuperMoney.

What interest rates does Personify loans offer?

Personify loans offers a fixed APR personal loan product that ranges from 35% APR up to 199% APR.

How much can you borrow via Personify loans?

Loan amounts start at $1,000 and go up to $10,000

What is the maximum personal loan term you can get with Personify loans?

Personify loans offers loans with terms ranging from 12 to 36 months.

Personify loans Interest Rates & Loan Terms
Personal Loan Amount $1000 - $10000
Loan Term 12 - 36 months
APR 35% - 199%

What fees does Personify loans charge?

Does Personify loans charge an origination fee?

Personify loans may charge a personal loan origination fee of 0% to 5% of the personal loan amount. Personify loans deducts the origination fee directly from your personal loan amount before depositing your money, so make sure you take this fee into account when deciding how much you need to borrow.

Does Personify loans charge a late fee?

Yes, Personify loans may charge borrowers a late payment fee if you miss one of the monthly payments.

Does Personify loans charge prepayment fees?

No, Personify 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.

Personify loans Fees
Origination Fee 0% - 5%
Prepayment Fee? No
Late Payment Fee N/A

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

Applicants with a credit score of at least 560 and up to 750 may be 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 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 loans?

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

    Does Personify Financial Personal Loans report your account activity to credit bureaus?

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

    • 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.

    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.

    Message From Applied Data Finance, LLC

    We invented a new approach to unsecured personal loans. Every year lenders say "no" to millions of people looking for unsecured installment loans. They say it's too risky to lend to anyone whose credit isn't "prime". All it takes is an accident, illness, or unexpected expense and some lenders won't lend to you. Even if you're working and paying your bills. The problem isn't that you're too risky. It's that some lenders may just plug a few numbers into an old formula, and that's that. They don't look at the entire you. We've invented a new way to let deserving people like you borrow the money you need at affordable, fixed rates.

    Many lenders confuse you with your data. To them, you're a social security number, a birth date, and a credit score. And that's about all. Personify is different. Our online loan application is simple and fast. But behind the scenes, we're doing some complicated calculations and comparisons to see if we can help you get the money you need. Some of your numbers might not look good to another lender. Even so, you could still be a good candidate for an unsecured personal loan from us. Because we look beyond the surface (that’s what the complicated calculations are about). Some lenders have come up with ways to make your financial data work against you when you're looking for a personal loan. We created ways to make the information we gather work in your favor. While other lenders may consider just a few pieces of information, we look at many. We make the effort to see your entire financial story. Other lenders may design their formulas to say "no" to most requests for small personal loans. We designed ours to look for opportunities to approve you. So even if you’ve had trouble getting approved in the past, we may still be able to help. Personify tailors the rates and terms of a loan to your unique financial situation. We want to make sure we’re a good match for your needs and you don’t get stuck with a loan you can’t really afford. Just because you can apply for a Personify loan online and we use powerful technology doesn't mean we're anonymous. Quite the opposite, in fact.

    Without the right context, numbers can be easily misinterpreted. Our decision engine uses advanced technology to compile your overall ability to pay, work history and income stability to determine your eligibility. We don’t want an accident or late payment to keep you from getting the money you need.

    Contact

    About Personify Financial Personal Loans

    Availability

      Available in 26 states
    • Alaska
    • Alabama
    • Arizona
    • California
    • Delaware
    • Florida
    • Georgia
    • Hawaii
    • Illinois
    • Indiana
    • Kansas
    • Kentucky
    • Minnesota
    • Missouri
    • Mississippi
    • Montana
    • Nebraska
    • Ohio
    • Oklahoma
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Washington

    Feature Breakdown

    No Prepayment Fee
    Origination Fee (%) 0% - 5%
    Checking Account Required
    Immigration Status Considered
    • U.S. Permanent Resident
    Joint Loan Applications Accepted
    • Individual Applications
    Military Status
    • Non-Military
    • Veterans
    Minimum Age 18
    Verification Documents Required
    • Proof of citizenship/residence (Green Card)
    • Recent Pay Stubs
    Credit Score Range 560 - 750
    Approval Speed 24 hours
    Credit Bureau Reporting TransUnion
    Funding Time Range 1 - 7 days
    Payment Options
    • Automatic Payments
    • Check by mail
    • Credit/Debit Card
    Pre-Approved Soft Credit Inquiry
    Loan Amount $1,000 - $10,000
    APR (Fixed APR) 35% - 199%
    Loan Term 12 - 36 months

    Personify Financial Personal Loans Community Reviews

     

    Would you recommend Personify Financial Personal Loans to your friends?

    Before we publish your vote:

    Please explain your vote by sharing your experience.

    Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

    Please write a review to submit your vote
    (will require moderator approval)

    SUPERMONEY NET RECOMMENDATION SCORE

    This product is strongly not recommended by SuperMoney users with a score of -78, equating to 1.4 on a 5 point rating scale.

    -78

    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.

    sorted by

    Other Personal Loans