zippyloan review
Updated March 23, 2024

ZippyLoan Review 2024: Fast Money, But Use Caution

Personal Loans
  • zippyloan
    • Best For: People who need quick, smaller loans.
    • Pros: You’ll get a fast loan if you qualify, and you can apply no matter how low your credit score is.
    • Cons: ZippyLoan isn’t a lender, so they make no indications about what range of APRs you can expect or what fees you might face. Not all the lenders they work with report to the credit bureaus, so handling this loan responsibly may not help your credit.
    APR (Details) 3.5/10
    Fees (Details) 3/10
    Transparency (Details) 3/10
    Flexibility (Details) 6/10
    Funding Speed (Details) 10/10
    Accessibility (Details) 8/10
    • APR

      Not stated


      Any credit score is accepted.

    • TERMS

      6 - 72 Months


      Depends upon your lender.

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Lending platforms are a good place to start if you need a loan but don’t want to take the time to fill out multiple applications on several websites. They’re also a good solution for people who don’t know which lenders will accept them based on their credit scores.

With a lending platform such as ZippyLoan, you can find out which lenders might be willing to do business with you by filling out only one application. This ZippyLoan review will go over the high points and low points of what this lending platform has to offer.

ZippyLoan Overview

What Is ZippyLoan?

ZippyLoan is a lending platform — it won’t lend you any money, but it can find you a company that will. You’ll fill out one form on ZippyLoan’s website and they’ll funnel out your information to their affiliate lenders.

They’ll then have the option to pass on it or try to set up a loan with you.

ZippyLoan Highlights

The loans you can receive through a lender you’re linked up with through ZippyLoan are fairly small — anywhere from $100 to $15,000. Since it works with a number of affiliate lenders, you stand a good chance of securing a loan even if you have bad credit.

ZippyLoan Details

Since ZippyLoan is a lending platform and won’t issue you money, it’s especially important to understand the details of going through them to find a lender. You don’t want any surprises that are going to derail your financial security or ability to repay your loan.


There’s no guarantee what kind of rates you might get through a lender you align with through ZippyLoan.

While some other lending platforms give a range of what APRs you might expect through their affiliate lenders, ZippyLoans does not. That might make you a bit nervous — and it should.

Without a listed range of usual APRs, you might be way off base when it comes to what you expect and what you’re offered. You have no idea of what the lender might propose.


On their website, ZippyLoan states that, for common terms, prepayment won’t result in a penalty. But it also says specific terms depend on the lender.

So that means you won’t know about prepayment penalties, or any other fees, until you read over the loan terms you’re proposed.

If you’re not careful about weighing your options and fully checking into fees, you could be costing yourself a lot of money.


ZippyLoan could do a better job of stating what you might expect from its affiliate lenders. The fact that it doesn’t seems a bit lazy on their end — it wouldn’t take much to post and provide continual updates on what APR ranges the lenders they work with are offering.

ZippyLoan makes it extremely difficult to find their contact information on their site. There is no Contact Us section like you’d see on many other websites.

You have to go to a section about the privacy of your information to find any contact information for ZippyLoan.

It should be much easier than that to find their contact information. It’s frustrating to have to scour every page of a website to find a contact phone number or email address.

If you’re someone who needs a direct line of communication with a company you’re using, you might not like ZippyLoan because of its lack of contact information.


If you have trouble making your payment on a loan through a lender you’re linked to through ZippyLoan, you won’t get any help through this site. That’s largely understandably, though, since it’s not a lending platform and not a lender.

Funding Speed

This is where ZippyLoan shines — its speed. It can help you quickly get money into your bank account when you most need it. It often makes it into your account the next business day.


It’s nice that ZippyLoan is open to those with bad credit. It’s not a guarantee that someone with bad credit will be issued a loan, but at least they have the opportunity to try.

The only negative is that residents of New York, West Virginia, Oregon, or District of Columbia are not eligible to use ZippyLoan. That’s not openly evident though — you have to read the fine print at the bottom of the screen to find that out.

That might be frustrating to those who start the loan application only to learn they aren’t eligible.

Also, ZippyLoan doesn’t give a clear picture of what you’ll need in order to quality for a loan. It mentions that you’ll need:

  • An address.
  • Income information.
  • A bank account in your name.

While ZippyLoan won’t issue you money directly, they may be able to link you to a lender.

3/5 Rating

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How to Apply at ZippyLoan

Applying is simple and can be accomplished in only 5 minutes.

Step 1: Fill Out the Online Form

You’ll have to request the amount of money you’ll need, as well as the reason for the loan. You’ll also have to key in your employment information, date of birth, and a few other details.

Step 2: Read That Contract and Sign If You’re Comfortable

If any of ZippyLoan’s affiliate lenders want to offer you money, they’ll send you a loan agreement. You absolutely need to review this carefully.

You may even want a friend to look it over as well, if they’re more knowledgeable about loans than you are.

While reviewing any agreement is always important, it’s even more critical here since ZippyLoan doesn’t give a stated range of the APRs offered by the lenders they work with. You could expect something under 35 percent, and it could easily be much, much more than that — even in the hundreds.

Since some of the lenders affiliated with ZippyLoan require that their loan will be paid back by the next paycheck the borrower receives, you’re likely looking at some predatory payday loans that might cause you to enter a cycle of debt that it’s hard to exit from. You should always find any alternative available to you to help with your financial issues — payday loans should always be your last resort.

Step 3: Wait for Your Money

It should be there on the next business day, although, in some cases, it could take a little longer.

ZippyLoan Consumer Reviews

Reading consumer reviews can help you figure out if a company is as good as it seems.

But you need to use caution when deciding how much weight to give these reviews — one bad review for every ten good ones doesn’t mean you’re looking at a bad company.

Pleased customers don’t always take the time to leave glowing reviews.

Better Business Bureau

The Better Business Bureau gives ZippyLoan an F rating — its worst rating available. Also, the site says that ZippyLoan is not BBB accredited.

Out of the 16 customer reviews on the BBB site about this business, the average rating is only over one star out of five. But some of the reviews left haven’t been by customers — they are from those who are tired of being contacted by ZippyLoan.

This review, left by Mike S., said: “I get at least 20 to 30 spam emails a week advertising Zippy loans and I too am totally fed up with it.”

A reviewer named Jack D. took his critique a bit further, saying, “I think that whoever is sending the hundred plus emails I get every week needs to be beaten with a rubber hose. STOP.”

Another reviewer named Henry K. was okay with the application process until he was asked to put in his checking account information and realized he couldn’t even find a phone number to call ZippyLoan.

The sole positive review came from Rita B. She didn’t understand why ZippyLoan was being skewered in the reviews on the BBB website.

“Reading others reviews, I have to say I am confused! Nothing negative has happened to me,” she said, adding that “they are great if you pay it off in months, hard to swallow if you don’t or can’t.”

User Reviews

ZippyLoan doesn’t have any reviews on Trustpilot, a well-known review website. But it does have 16 reviews on Revdex.

Many of the reviews focus on the same issue as the ones on BBB’s website did — the number of spam emails received whether or not the consumer ever did any business with ZippyLoan.

One reviewer said, “I keep getting e-mail from ZippyLoan every day. Numerous e-mails every single day. I have clicked on the unsubscribe button on every single e-mail the send and it does no good.”

Another reviewer had the same issue and attempted to contact ZippyLoan about it. This reviewer said, “I have also gone to website and tried to send an email to both [email protected] and [email protected] stating that I would like to unsubscribe, and both times received emails back saying that there was a failure and the mail did not go through.”

There were no positive ZippyLoan reviews on Revdex.

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Doesn’t list a range of APRs, depends on lenders
Maximum Loan
Minimum Credit
Any credit score is eligible

ZippyLoan Pros and Cons

Are you on the fence about ZippyLoan? Examining a list of pros and cons might help you decide.

ZippyLoan Pros

  • No cost: It’s a free way of finding multiple lenders who might be willing to offer you a loan.
  • Open to bad credit: You don’t need any certain credit score to qualify.
  • Quick funding: You can get fast access to money.

ZippyLoan Cons

  • Unknown APRs: They don’t state what range of APRs you might expect from their affiliate lenders. That can lead to some offers you’d never even consider.
  • Might not help your credit: It may not be a good credit-building option because not all of their lenders report to the credit bureaus. If you have poor credit, it might be a good idea to focus on loans that will help you boost your credit score.
  • Some people can’t use it: It’s not available in every state.
  • Unknown fees: The fees might vary widely from lender to lender, so it requires a lot of work on your part to sort out your offers.
  • Hard-to-find contact information: ZippyLoan doesn’t make it easy to find their contact information, which might be a red flag for some people. At a minimum, it can be frustrating if you have to spend a lot of time looking on its site for contact information.

ZippyLoan Frequently Asked Questions

  • Am I going to get one of those payday loans I’ve been warned about through ZippyLoan?

    You might. Some of their lenders do require you to pay them back on your next paycheck. Those lenders are likely to charge astronomical APRs so proceed with extreme caution -- or better yet, find another loan. 

    It’s also possible you won’t be issued a payday loan and you may get a decent APR.

  • What can I use this loan for?

    You get to decide whether you use it to catch up on your abnormal expenses, car repairs, or debt consolidation. While many lending platforms will ask you what you intend to use the money for, ultimately you can spend it however you’d like. 

  • Can I be linked up with a lending affiliate through ZippyLoan if I have bad credit?

    Yes, you can. But your chances of getting a loan will be higher if you have better credit. And if your credit score is really low, be prepared to get offers with extremely high APRs.

    If your credit is extremely poor, you should be aware that if you’re offered a loan, it will likely be for a lower amount.

  • Will I be able to get the full listed loan amount of $15,000?

    Even if you do qualify for a loan through one of ZippyLoan’s affiliate lenders, it doesn’t mean you will receive $15,000. Even if you request that amount, the lender may decide to offer you a lower amount based on your information such as your credit rating and income amount.

  • What if I need to get an extension on my loan -- do I have any options?

    ZippyLoan can’t help you with any financial issues you run into after you get your loan. If you run into trouble trying to make payments, the best course of action is to call your lender immediately to work something out. 

Alternatives to ZippyLoan
  • People with low credit scores who need funds in a hurry
  • Quick loans for those with poor credit
  • Those who want help finding lenders who will work with them
  • People who want competitive loan rates despite poor credit
  • $100 to $15,000
  • $500 to $10,000
  • $500 to $10,000
  • $1,000 to $35,000
  • Determined by lender
  • 5.99 - 35.99%
  • 5.99 - 35.99%
  • 5.99 - 35.99%
  • Open to any
  • Can be used no matter the credit score
  • Open to any credit score
  • 580
  • 6 - 72 months
  • 3 - 36 months
  • 90 days - 72 months
  • 90 days - 72 months
Origination Fee
  • Determined by lender
  • Decided by lender
  • Determined by lender
  • Depends upon lender
  • Can be the next business day
  • As soon as the next business day
  • Can be as fast as next business day
  • Can be next business day
  • Not stated
  • Soft through them, may be a hard pull from the lender
  • Soft through them, but possible hard pull through lender
  • Might result in a hard or soft pull


Shannon Serpette

Shannon is a mother of two and an award-winning journalist and freelancer who lives in Illinois. She obtained a bachelor’s degree in English from Illinois Wesleyan University before beginning her 20-year career in newspapers. When she’s not spending time with her children, she is often pursuing her favorite hobbies — running, metal detecting, kayaking, and reading about personal finance.


Logan Allec, CPA

Logan is a practicing CPA and founder of Choice Tax Relief and Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.

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