[{"@context":"https:\/\/schema.org\/","@type":"Article","@id":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/personalloans-com-review\/#Article","mainEntityOfPage":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/personalloans-com-review\/","headline":"PersonalLoans.com Review 2025","name":"PersonalLoans.com Review 2025","description":"PersonalLoans.com Best For: People who have poor credit and not a lot of other...","datePublished":"2020-03-17","dateModified":"2025-01-22","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/shannon-serpette\/#Person","name":"Shannon Serpette","url":"https:\/\/moneydoneright.com\/author\/shannon-serpette\/","identifier":63,"image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/e8497bb70d7dace1eacc262ce2d9add2d2ea01626758283a5a9529a519b0862b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/e8497bb70d7dace1eacc262ce2d9add2d2ea01626758283a5a9529a519b0862b?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/personalloans-com-review.jpg","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/personalloans-com-review.jpg","height":460,"width":1900},"url":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/personalloans-com-review\/","about":["Personal Loans"],"wordCount":2552,"keywords":["schema"],"articleBody":"\t    \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tPersonalLoans.com\t\t\t\tBest For: People who have poor credit and not a lot of other options.Pros: You can qualify with poor credit and don\u2019t have to justify what you\u2019re using the money for. You\u2019ll get a decision quickly and get a competitive rate if you land on the lower end of the APR range.Cons: It can get pricey if you land on the higher side of the APR, and you\u2019ll likely face fees with your lender too. Since it\u2019s a lending platform, and not a lender, it\u2019s extra important to read the fine print of the loan offer -- there could be some surprises. Be ready for a potential hard pull on your credit, which can negatively affect your score for a while.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAPR (Details)\t\t\t\t\t\t\t\t\t\t5\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFees (Details)\t\t\t\t\t\t\t\t\t\t5\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tTransparency (Details)\t\t\t\t\t\t\t\t\t\t7\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFlexibility (Details)\t\t\t\t\t\t\t\t\t\t6\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tFunding Speed (Details)\t\t\t\t\t\t\t\t\t\t10\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAccessibility (Details)\t\t\t\t\t\t\t\t\t\t9\/10\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tAPRGenerally 5.99 - 35.99%MINIMUM CREDIT600 for peer-to-peer loans, 580 for personal installment loans and bank personal loansTERMS90 days - 72 monthsORIGINATION FEEDepends upon which lender you go with, but peer-to-peer options will generally charge 1 - 5%.\t\t\t\tOur Review Methodology        We may receive a commission if you sign up or purchase through links on this page.  Here's more information.    When you need a loan but you don\u2019t have stellar credit, your options can be limited. PersonalLoans.com is one of the lending platforms you can use to see what loans may be out there for you.Table of ContentsTogglePersonalLoans.com OverviewPersonalLoans.com DetailsHow to Apply at PersonalLoans.comPersonalLoans.com Consumer ReviewsPersonalLoans.com Pros and ConsPersonalLoans.com Frequently Asked QuestionsAlternatives to PersonalLoans.comPersonalLoans.com OverviewWhat Is PersonalLoans.com?Any PersonalLoans.com review should tell you upfront that the site is not a lender. They won\u2019t issue a loan to you, and you won\u2019t send your payments to them. What they\u2019ll do is hook you up with an offer from a lender.\u00a0You can think of them as your middleman.\u00a0They are an Online Lenders Alliance member, and they state that they take protecting their customers\u2019 personal information seriously.PersonalLoans.com Highlights\u00a0With PersonalLoans.com, you can borrow from $1,000 to $35,000 for any reason you\u2019d like. It\u2019s up to you whether you spend it on home renovations, medical bills, debt consolidation, a piece of land, or taking a once-in-a-lifetime family vacation.\u00a0Through PersonalLoans.com, you can obtain a couple of different types of loans, including:Peer-to-peer loans: This type of loan is financed by hooking up investors directly with borrowers. You won\u2019t be borrowing from a bank at all — you\u2019ll get your money straight from another person or company. PersonalLoans.com works with several lenders who offer peer-to-peer loans.\u00a0Personal installment loans: This is the type of loan most people think of when they hear the words personal loan. These types of loans are fast, fairly straightforward, and are the kind of arrangement most people are used to when borrowing money. With this type, you pay back money a little at a time to your lender, generally in the form of a monthly payment.\u00a0Bank personal loan: PersonalLoans.com also helps link up borrowers with their local banks, too. But, if you already know which bank you\u2019d like to get a loan from, you could skip this step and contact the bank directly yourself. It would be just as easy because, with this option, you\u2019ll likely be asked to finish the loan request at the bank anyway.\u00a0 PersonalLoans.com DetailsLet\u2019s look at each category we\u2019ve rated and go over why we\u2019ve assigned them that particular score.APRThe APR range you see listed on PersonalLoans.com\u2019s website is 5.99 – 35.99%. And that\u2019s not too terrible on its own, if you can manage to land on the lower side of that range.That APR is better than some other lending platforms, where you might see the lowest amount at over 6%.But what stopped us from giving a 6 rating instead of a 5 rating to PersonalLoans.com is that they disclose the range could be even higher than 35.99%. Since they work with tribal lenders, who might have higher rates, you really don\u2019t know what your highest rate might be if you\u2019re a customer in those circumstances.You need to keep in mind that the APR you are eligible for will be partially based on the rules of the state you live in.FeesPeer-to-peer lenders who work with PersonalLoans.com will generally charge a loan origination fee of 1 – 5%. With personal loans and peer-to-peer lenders, the fees can vary though, depending on which company you get a loan from.\u00a0You have no way of knowing what fees you might face until you get a loan offer. That\u2019s why it is of the utmost importance that you very closely read any agreement you\u2019re considering.Look for any origination fees, late fees, prepayment fees, or any other possible penalties they list.\u00a0Once you sign that contract, you can\u2019t claim later that you didn\u2019t understand if you realize too late the terms are too strict.\u00a0TransparencyThis site\u2019s transparency could be better. But in part, it\u2019s not PersonalLoans.com\u2019s fault.Because they are the middleman, it can be hard to disclose any terms that will help a potential applicant make an informed choice.They do take some steps to inform people that there may be out of the ordinary circumstances that could drive the APR higher than their listed range. They do attempt to inform people who might use a tribal lender that they could face higher APRs than other people seeking loans.\u00a0But on its rates and fees page, PersonalLoans.com could offer more examples of what could be expected when taking a loan with the companies it does business with.\u00a0It could provide instruction about late fees and origination fees with the companies it works with, but instead, it just gives a general overview of industry standards. While industry standards can be helpful to understand, it doesn\u2019t give you any idea about the terms your lender might present to you. They might deviate considerably from industry standards.FlexibilityA lending period of 90 days to 72 months is pretty good for a personal loan. That offers some real flexibility to customers, whether they are seeking a short-term loan or a longer-term one.\u00a0There isn\u2019t much flexibility from PersonalLoans.com other than the term length, though. Again, that\u2019s partly not its fault by the nature of being a middleman.\u00a0But once the deal is done between you and the lender you choose, PersonalLoans.com is out of the picture.It won\u2019t have any vested interest in helping you further unless you seek another loan. It does give you instructions on how to handle difficulties with paying back your loan, but that\u2019s all it will do.\u00a0\u00a0Funding SpeedAfter you apply and are accepted, you might have your money in one business day. It\u2019s hard to beat that for people who need money quickly for emergencies.\u00a0AccessibilityPersonalLoans.com scores high in this category because they offer a range of products that can work for different customers. They are open to a good range of minimum incomes, including:$2,000 a month for peer-to-peer loans.$2,000 a month for personal installment loans.$3,000 a month for bank personal loans.Furthermore, the other requirement for landing a loan are:A credit score of at least 580.Living in the U.S. You can secure a loan anywhere in the country. They don\u2019t list any states on their website that they don\u2019t serve.Being at least 18 years old.Having a checking account.Having a valid identification.\u00a0\t\t\tPersonalLoans.com gives those with less-than-stellar credit an opportunity to get a loan, but be sure to read the fine print.3.5\/5 Rating\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t.st3-31788.btn.btn-default:hover{border-color: #4db848;color: #4db848;background: #fff !important;}\t\t\t\t\tVisitWe earn a commission on this offer.\t\t\tHow to Apply at PersonalLoans.comIf you\u2019re curious about the application process, we\u2019ll walk you through it.You\u2019ll just need a few minutes to wrap it up, and you\u2019ll need some basic information at your disposal. So grab any potential paperwork you need before you get started.\u00a0\u00a0Step 1: Complete the request.Complete the quick online loan request at PersonalLoans.com. This can be done at any time of the day or night at your convenience.\u00a0Step 2: Wait.From there, the site will try to hook you up with a lender partner or lender from the entities they work with. There is nothing for you to do but wait at this point. It shouldn\u2019t take long though — you\u2019ll have a response quickly.Step 3: Review your agreement.If you are approved, you\u2019ll receive a loan agreement to read over and review. This will spell out the conditions and terms of the loan.\u00a0Step 4: Accept the loan.If you want to proceed, you\u2019ll have to accept the loan by agreeing to the terms.Step 5: Receive your deposit.You\u2019ll get your money through your bank account. That step may take one to five business days, depending upon who your lender is.\u00a0Step 6: Repay your loan.You\u2019ll start repaying your debt by sending in a payment by the first due date.\u00a0PersonalLoans.com Consumer ReviewsOne key component of any PersonalLoans.com review is examining customer reviews.Better Business BureauPersonalLoans.com has received a C+ rating from the BBB and is not BBB accredited. The low score has been earned because PersonalLoans.com did not respond to one complaint that was made against them.\u00a0If you\u2019re not familiar with the methodology and purpose of BBB ratings, here are a couple of things you should know.\u00a0A BBB rating is based on how probable it is the business will interact with its customers who reach out to them.\u00a0BBB grades go from A+ to F, with the F being the lowest grade, just as in school.There are currently no reviews of PersonalLoans.com listed on BBB\u2019s site.\u00a0User ReviewsThere are only eight reviews of PersonalLoans.com on Trustpilot, a huge consumer review website.Those reviews are all positive. It currently ranks 4 out of 5 stars.A customer named Cody wrote, \u201cI am really happy with how prompt and efficient this process was. I needed a loan right away and they connected me with a lender who could provide the funds almost immediately.\u201dAnother client, named Angelo, had this to say: \u201cI have mostly positive things to say about personalloans.com.Everything was pretty easy to understand and I felt safe using the lenders in their network. My only complaint is that I didn\u2019t get my loan the same day.\u201dA reviewer named Jennifer Katz said she needed a loan for remodeling but didn\u2019t want the complication of going through a bank, especially since her credit was only good, and not great.\u00a0\u00a0\u201cThis was plain easy. I called the customer service line to make sure I was doing it right and they talked me through the entire application process,\u201d she said. \u201cI was approved right away and got to pick my own loan from the options presented to me. The money was available the next morning.\u201dOn Sitejabber, another online platform that helps consumers get firsthand reviews of online companies, there are 13 reviews for PersonalLoans.com. The site gets an average of 3.5 stars out of 5 here.Tanya W., one reviewer, left this comment:\u201cThere was no confusion about the process or finding a loan. Really easy and let me get my money quickly without having to go to an actual bank. I was skeptical about loan sites like this but this one actually worked.\u201d\t\t.st2-31801.btn.btn-default:hover{border-color: #4db848;color: #4db848;background: #fff !important;}\t\t\t\tVisitWe earn a commission on this offer.\t\t\tAPR5.99 - 35.99%Maximum Loan$35,000Minimum Credit580\t\tPersonalLoans.com Pros and ConsWant to know what\u2019s great and what\u2019s not-so-great about doing business with PersonalLoans.com? We\u2019ll give you the inside track.PersonalLoans.com ProsEasy to get. You can get approved with a credit score as low as 580.Quick process. Easy application, and you can receive money quickly.Freedom to use funds how you see fit. The money can be used for a variety of reasons.Low APR if you qualify for the best rates. A 5.99% APR is an attractive rate.PersonalLoans.com ConsFees. It\u2019s hard to say how many fees you will face. That depends on your lender. It\u2019s an unknown chance you\u2019re taking when being matched up with a lender through a lending platform.High APR if you don\u2019t qualify for the best rates. You could face a 35.99% APR, or higher if you are on tribal lands.Unknown flexibility of lender: Since you don\u2019t know when applying who your lender might be, you have no idea how flexible they\u2019ll be about working with you if you run into repayment issues.It could hurt your credit. There is no guarantee a lender won\u2019t do a hard pull on your credit score to decide if you are eligible.PersonalLoans.com Frequently Asked Questions.accordion-list .accordion-title:hover{color: #4db848;}Will applying affect my credit score?While the lenders the lending platform works with might only do a soft pull to figure out if you are eligible for a loan with them, they might do a hard pull instead. This means the application could result in a lower credit score for you temporarily. Can you get a loan if you don\u2019t live in the U.S.?Right now, PersonalLoans.com only can matchmake loans between U.S. citizens and U.S. lenders. They have indicated on their website that they hope to expand internationally down the road.If I\u2019m not comfortable filling out information online, can I do a loan request through the telephone?At this point, PersonalLoans.com doesn\u2019t offer the option of requesting a loan through the telephone. They said on their website they would like to offer that option someday.What methods can I use for repaying the loan?Every lender that PersonalLoans.com works with will accept electronic fund transfer payments. You can set up automatic payments so your payment will never be late. All the lenders also will take payments over the phone.What factors give me better odds of having my loan request approved?To have a great chance of approval, you should have a good credit score. Also, those with higher incomes are likelier to be approved.Alternatives to PersonalLoans.com.btn.btn-blue.dift:hover, .btn.btn-default.dift:hover {color: #4db848;border-color: #4db848;background: #fff !important;}\t\t\t PersonalLoans.comSoFiCashUSABad Credit Loans \t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tPros and Cons\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tRead Review\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tRead Review\t\t\t\t\t\t\t\t\t\tApply Now\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tBestFor\t\t\t\t\t\t\tPeople who don\u2019t have the best credit scores\t\t\t\t\t\t\t\t\t\t\t\t\tPeople who want to avoid fees and who have good credit\t\t\t\t\t\t\t\t\t\t\t\t\tPeople who need small loans fast and who have bad credit\t\t\t\t\t\t\t\t\t\t\t\t\tPeople with bad credit who need fast money\t\t\t\t\t\tLoanAmounts\t\t\t\t\t\t\t$1,000 to $35,000\t\t\t\t\t\t\t\t\t\t\t\t\t$5,000 to $100,000\t\t\t\t\t\t\t\t\t\t\t\t\t$500 to $10,000\t\t\t\t\t\t\t\t\t\t\t\t\t$500 to $5,000\t\t\t\t\t\tAPR\t\t\t\t\t\t\t5.99 - 35.99%\t\t\t\t\t\t\t\t\t\t\t\t\t5.99 - 21.08%\t\t\t\t\t\t\t\t\t\t\t\t\tTypically 5.99 - 35.99%\t\t\t\t\t\t\t\t\t\t\t\t\tTypically 5.99 - 35.99%\t\t\t\t\t\tMinimumCredit\t\t\t\t\t\t\t580\t\t\t\t\t\t\t\t\t\t\t\t\tAt least 680\t\t\t\t\t\t\t\t\t\t\t\t\tNo minimum listed\t\t\t\t\t\t\t\t\t\t\t\t\tAll credit scores welcome\t\t\t\t\t\tTerms\t\t\t\t\t\t\t90 days to 72 months\t\t\t\t\t\t\t\t\t\t\t\t\t2 to 7 years\t\t\t\t\t\t\t\t\t\t\t\t\t90 days to 72 months\t\t\t\t\t\t\t\t\t\t\t\t\t3 to 36 months\t\t\t\t\t\tOrigination Fee\t\t\t\t\t\t\tLikely, but depends upon the lender\u2019s terms\t\t\t\t\t\t\t\t\t\t\t\t\tNo \t\t\t\t\t\t\t\t\t\t\t\t\tNot disclosed\t\t\t\t\t\t\t\t\t\t\t\t\tNot disclosed\t\t\t\t\t\tFundingSpeed\t\t\t\t\t\t\tAs soon as one day\t\t\t\t\t\t\t\t\t\t\t\t\tWithin a few days\t\t\t\t\t\t\t\t\t\t\t\t\tCan be the day of the application\t\t\t\t\t\t\t\t\t\t\t\t\tAs soon as one day\t\t\t\t\t\tCreditCheck\t\t\t\t\t\t\tMay be hard or soft\t\t\t\t\t\t\t\t\t\t\t\t\tSoft\t\t\t\t\t\t\t\t\t\t\t\t\tSoft\t\t\t\t\t\t\t\t\t\t\t\t\tSoft\t\t\t\t\t\t\t\t\t \t\t"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Fast Money","item":"https:\/\/moneydoneright.com\/fast-money\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Personal Loans","item":"https:\/\/moneydoneright.com\/fast-money\/\/personal-loans\/#breadcrumbitem"},{"@type":"ListItem","position":3,"name":"PersonalLoans.com Review 2025","item":"https:\/\/moneydoneright.com\/fast-money\/personal-loans\/personalloans-com-review\/#breadcrumbitem"}]}]