Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
3 alternatives to Ascend personal loans
Explore other options for borrowers with less-than-perfect credit.
Ascend stopped offering personal loans in June 2017. While it continues to service any outstanding loans customers have out, it’s no longer extending new loans. The online lender was known for its lenient credit requirements and monthly interest rate discounts for showing responsible financial behavior. Though it’s no longer around, there are other personal loan providers that may be willing to work with you — even if you don’t have the best credit.
3 alternative personal loan providers to consider
These providers offer a wider range of loan amounts than Ascend and report to the three major credit bureaus — so you can improve your score with on-time repayments.
LendingClub is a peer-to-peer (P2P) lender that grades your profile from A to G. Lenders then use that grade to determine how much they’re willing to lend and at what rates. While it has a higher credit score requirement than the other providers on this list, you can bring on a cosigner to increase your chances of approval and potentially qualify for lower rates.
- Loan amounts: $1,000 to $40,000
- APRs: 8.05% to 35.89%
- Terms: 3 to 5 years
- Eligibility requirements: US citizen or permanent resident, verifiable bank account, steady source of income, ages 18+.
2. OneMain Financial
OneMain Financial is a direct lender that offers both secured and unsecured personal loans. It doesn’t have a minimum credit score requirement, making this a good option for borrowers with less-than-perfect credit. While you can fill out an application online, you’ll need to visit your local branch to complete the process and receive your funds.
- Loan amounts: $1,500 to $20,000
- APRs: 18% to 35.99%
- Terms: 24, 36, 48 or 60 months
- Eligibility requirements: Established credit history, US citizen or permanent resident, age of majority in your state
LendingTree is a connection service, not a direct lender. This means you’ll fill out one online form to be connected with personal loan providers you may qualify with. Like OneMain, it doesn’t have a minimum credit score requirement. And on top of matching borrowers with potential lenders, it also has a credit score tool that allows you to check your score for free, explore the factors that influence it and find ways to boost it.
- Loan amounts: $1,000 to $50,000
- APRs: Starting from 5.99%
- Terms: Varies based on lender
- Eligibility requirements: Regular source of income, US citizen or permanent resident, ages 18+
Compare personal loans
Ascend may no longer offer personal loans, but these three options provide similar services that could help you build your credit. Before you get started, read up on how personal loans work to make sure you understand the full cost of borrowing.
Frequently asked questions
More guides on Finder
Best debt consolidation loans of 2021
Compare 6 lenders to find one that’s a good fit for your needs.
Figure personal loan
Loans of up to $50,000 available from this well-established lender.
Compare lenders and rates quickly — with options for borrowers with bad credit.
How to open a business bank account
Opening a business bank account is easier than you think. Explore our guide on how to do it.
Should you take out a personal loan to pay bills after the pandemic?
11 experts weigh in on when taking out a personal loan to pay bills makes sense — and when you should explore other options.
11 alternatives to payday loans during the coronavirus outbreak
Grants, nonprofit assistance and other options to cover your bills.
Coronavirus: How to manage your credit card
Learn about coronavirus financial support options, complimentary insurance and other credit card details you may be wondering about.
Best banks and credit unions in Texas
Explore our top five picks for best banks in the Lone Star State.
Where to find a personal loan during the coronavirus outbreak
Explore online lenders, banks and credit unions offering funding right now.
What is a signature loan?
Find out if your credit is strong enough for no-collateral financing.
Ask an Expert