LoansUnder36 Review: Find Personal Loans Under 36% APR - 2024 Update

LoansUnder36 is a lending marketplace that connects borrowers with lenders offering personal loans in nearly all 50 states. The company doesn’t provide loans directly but rather presents borrowers with myriad options for how to get a loan from its lending affiliates, all of which will include interest rates under 36%.

Because there are a lot of companies offering personal loans (and loan marketplaces), it’s important to do your research before working with one. When it comes to LoansUnder36, we’ve done some of that homework for you. Here’s everything you need to know before deciding whether LoansUnder36 is the right lending marketplace for your needs.

Quick Summary

Get matched quickly with loans that meet your specific needs.

• Loan options up to $35K
  
• No application fee or minimum credit score needed
  
• Receive your funds as soon as the next business day

Visit LoansUnder36 In this LoansUnder36 review:

• Is LoansUnder36 a good company?
• Which loan products does LoansUnder36 offer?
• Do you need good credit to apply for a loan with LoansUnder36?
• How to apply for a loan with LoansUnder36
• What LoansUnder36 customers are saying
• FAQs about LoansUnder36
• The final word on LoansUnder36

Is LoansUnder36 a good company?

LoansUnder36 is a personal loan marketplace that was launched in 2012. The company offers both small and large personal loans, on a short- and long-term basis. Because it’s not a direct lender, it’s important to note that it will be sharing your information with other loan providers. By knowing in advance that the company is a marketplace and not a lender, you’ll be better prepared for the range of offers and communications you receive.

While it doesn't have a BBB rating, various review sites, including Consumers Advocate and The Credit Review indicate that LoansUnder36 is a well-rated company with generally happy customers. With fast service and loans sometimes being received as quickly as the next business day, LoansUnder36 affiliates’ personal loans can be relied on even in emergency situations — like unexpected medical bills, car repairs, or even last-minute vacation expenses. Because of the wide range of loan products its affiliates offer, it’s easy to find a loan that fits your needs.

Which loan products does LoansUnder36 offer?

LoansUnder36 is a lending marketplace that specializes in connecting you with a range of lending partners offering personal loans. Personal loans provided by LoansUnder36 affiliate lenders start at just $500 and go all the way up to $35,000, with repayment periods anywhere between two months and six years. Loan terms and eligibility criteria may vary depending on the lender.

All affiliate lenders of the company are guaranteed to offer personal loan interest rates below 36% — a wide range that allows even those borrowers with poor credit to apply. Because personal loans are typically considered unsecured debt, they tend to have higher interest rates, but depending on your credit score, you may be able to secure something with a lower interest rate.

Although the company offers its services free of charge, you may be responsible for paying fees to whatever lender you choose to work with. And despite these general ranges set by the company, all lenders will negotiate the exact terms of their loans directly with you — including loan amounts, interest rates, loan repayment terms, and origination fees.

After signing up with LoansUnder36, you’ll receive personal loan offers from its network of more than 100 affiliate lenders. Because these lenders are ultimately competing for your business, you’ll have your pick of which loan is best for your needs. As with any personal loan, these loans can be used for anything, including credit card debt consolidation, home improvements, auto repairs, personal projects, or even medical bills. If you’re looking to improve your credit score, taking out a personal loan may help you build credit.

Because of the company’s reputation for fast service, and its lending partners’ record of quick loan disbursement time, you may be able to use one of these loans for last-minute or unexpected expenses — like to secure funds in the event of an emergency. Because LoansUnder36 is a marketplace and not a lender, you’re not under any obligation to accept a loan offer. If you apply and don't find the right loan for your needs, you can pass on every offer. Just know that once your information is in its system, you’ll need to opt-out of receiving new offers from lenders.