Stilt Personal Loans Review

Stilt Personal Loans is offered by Stilt Inc, a direct lender founded in 2015 and based in San Francisco, CA. Stilt Personal Loans is available in 15 states across the USA.

• APRs starting at 8%. These are average starting rates for a personal loan. If you have good credit you may qualify for a loan with better rates.
• Prequalified rate. You can check your prequalified rate at Stilt Inc with a soft pull that will not affect your credit score.
• Short loan terms. Stilt Personal Loans offers loan terms as short as 6 months. Most personal loans have a minimum term of 12 to 36 months.

What rates and terms does Stilt Personal Loans offer?

What fees does Stilt Personal Loans charge?

What do you need to qualify for Stilt Personal Loans?

When it comes to credit scores, Stilt Inc doesn't have a set minimum or maximum. People with all types of credit scores can apply. The minimum age to be eligible is 18 or the state minimum, whichever is higher.

Stilt Personal Loans does not have or does not disclose a minimum annual income eligibility requirement. Stilt 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. Active duty service members and their covered dependents are eligible to apply for a loan via Stilt 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 Stilt Personal Loans. Permanent resident / green card holders are also eligible to apply. Not all companies will work with visa holders. Stilt Inc does offer its services to temporary resident visa holders such as F1 or H1B holders.

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

• Proof of income

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

Stilt Personal Loans will typically approve (or deny) a loan application within 24 hours and fund personal loans within 4 business days of approval.

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

Yes, Stilt 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.