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  Total Loan Company Personal Loans

Total Loan Company Personal Loans

in Personal Loans from Total Loan Company, LLC

Unaffiliated

Total Loan Company Personal Loans

Unaffiliated

in Personal Loans from Total Loan Company, LLC

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Highlights
Highlights
Community Rating Strongly recommended
Loan Amount $750 - $2,500
APR  (Fixed APR) 99% - 199%
Loan Term 9 - 24 months

Total Loan Company Personal Loans Review

Total Loan Company Personal Loans is a personal loan offering by Total Loan Company, LLC, a direct lender based in Mount Prospect, IL. Founded in 2013, Total Loan Company, LLC offers access to personal loans in 4 states across the USA.

What rates and terms does Total Loan Company Personal Loans offer?

Total Loan Company Personal Loans has higher interest rates than the average for lenders reviewed on SuperMoney.

What personal loan APRs does Total Loan Company Personal Loans offer?

Total Loan Company Personal Loans offers a fixed APR personal loan product that ranges from 99% APR up to 199% APR.

Your APR can vary depending on several factors, such as your credit score. Find out what your credit score is and whether there is any false or inaccurate information in your credit history with these credit monitoring tools.

How much can you borrow via Total Loan Company Personal Loans?

Loan amounts start at $750 and go up to $2,500.

What can a personal loan from Total Loan Company Personal Loans be used for?

Personal loans from Total Loan Company Personal Loans are typically used for special purchases, weddings, medical expenses & procedures or similar purposes.

What is the maximum loan term you can get with Total Loan Company Personal Loans?

Total Loan Company Personal Loans offers personal loans with terms ranging from 9 to 24 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

Total Loan Company Personal Loans Rates & Terms
Loan Amount $750 - $2500
Loan Term 9 - 24 months
APR 99% - 199%

What fees does Total Loan Company Personal Loans charge?

Does Total Loan Company Personal Loans charge an origination fee?

Total Loan Company Personal Loans does not charge a loan origination fee.

A loan origination fee is what some lenders charge for processing, underwriting, and funding a loan. Typically fees range from 0.5% to 5% of the loan amount. Whenever possible, go with lenders that don’t charge origination fees.

Does Total Loan Company Personal Loans charge a late fee?

Yes, Total Loan Company Personal Loans may charge borrowers a late payment fee

Does Total Loan Company Personal Loans charge prepayment fees?

No, Total Loan Company Personal Loans does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.

Total Loan Company Personal Loans Fees
Origination Fee N/A
Prepayment Fee? No
Late Payment Fee N/A

What do you need to qualify for a loan with Total Loan Company Personal Loans?

Applicants with a credit score of at least 550 can apply for a loan via Total Loan Company Personal Loans. The minimum age to apply for a loan is 22 or the state minimum, whichever is higher.

To qualify for a loan with Total Loan Company Personal Loans, applicants need a minimum annual income of $18,000 or higher. Total Loan Company Personal Loans only considers borrowers who are employed and meet the minimum income requirement.

Active duty servicemembers and their covered dependents cannot apply for a loan via Total Loan Company Personal Loans. The Military Lending Act prohibits lenders from charging servicemembers more than a 36% APR.Only U.S. citizens and permanent residents can apply for a loan.

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

  • Applicants must have an active and valid checking account
  • Recent pay stubs
Total Loan Company Personal Loans Eligibility Criteria
Minimum Age 22
Bank Account Required? Yes
Joint Applications Accepted? Yes
Credit Score 550 - 620

What is the estimated funding time for a personal loan via Total Loan Company Personal Loans?

Total Loan Company Personal Loans will typically approve (or deny) a loan application within 1 hour and fund personal loans within 2 business days of approval.

Does Total Loan Company Personal Loans report loan payments to credit bureaus?

Total Loan Company Personal Loans may report credit data to the following credit reporting agencies:

  • Clarity
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Contact

  • Headquarters
  •   479 E Business Center Drive
    Mount Prospect, IL 60056 USA

Message from Total Loan Company, LLC

TLC is a highly rated installment loan company seeking to offer subprime borrowers a better opportunity than a payday loan. TLC is licensed in each state it operates and follows each states laws. Get off the payday grind, get rid of overdraft fees and get a real loan to pull you through tough times. We encourage you to pay off your loan with us early and we do not charge a prepayment fee. If your car is broken down, or you only need some cash, look to TLC as your preferred lender of choice!

About Total Loan Company Personal Loans

Availability

Alaska Alabama Arkansas Arizona California Colorado Connecticut Washington, D.C. 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
  Available in 4 states
  • Illinois
  • Missouri
  • South Carolina
  • Utah

Feature Breakdown

No Origination Fee  
No Prepayment Fee  
Minimum Age 22
Credit Score Range 550 - 620
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Minimum Annual Income $18,000
Bank Account Required  
Employment Statuses Considered
  • Employed Full-Time
Joint Loan Applications Accepted
  • Individual Applications
Verification Documents Required
  • Recent Bank Statements
  • Recent Pay Stubs
Loan Amount $750 - $2.5K
Loan Term 9 - 24 months
APR (Fixed APR) 99% - 199%

Total Loan Company Personal Loans Community Reviews

 
 

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