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Even Financial loan connection service review
Last updated:
Qualify for multiple lenders at once — but rates can be high.
finder.com’s rating: 4.25 / 5.0
★★★★★
- Best for people who want to compare multiple loan options at once.
- Pick something else if you don't want to share your information with a third-party company.
$100,000
Max. Loan Amount
4.99% to 35.99%
APR
550
Min. Credit Score
Details
| Product Name | Even Financial |
|---|---|
| Min. Loan Amount | $1,000 |
| Max. Loan Amount | $100,000 |
| APR | 4.99% to 35.99% |
| Interest Rate Type | Fixed |
| Min. Credit Score | 550 |
| Loan Term | 2 to 7 years |
| Turnaround Time | Varies |
Expert review
Review by
Aliyyah Camp
aliyyah.camp@finder.comAliyyah Camp is a writer and personal finance blogger who helps readers compare personal, student, car and business loans. Aliyyah earned a BA in communication from the University of Pennsylvania and is based in New York, where she enjoys movies and running outdoors.
Expert review
Even Financial’s connection service is ideal if you’re looking to quickly compare offers from multiple top lenders. Its network of partners are open to borrowers with poor credit. And they offer a wide range of loan amounts, long terms and low starting rates.
But you’re limited to the lenders in its network. And you might receive multiple marketing emails and phone calls — even after you take out a loan. The company also had government action taken against it in June 2019 for violating California’s loan broker laws.
Rather apply with a lender directly? Compare your other personal loan options below.
First, am I eligible?
To be connected with a lender, you’ll need to meet a few basic requirements:
- Minimum credit score of 550+
- American citizen or permanent resident
- 21+ years old
What is Even Financial?
Even Financial is a personal loan connection service that also powers the connection service Fiona. Rather than getting a loan directly from Even or Fiona, you can prequalify with multiple lenders at once by filling out its online form. This makes it easy to compare the rates and terms you might receive from its partners and find the best deal available to you.
What sets Even apart from other connection services?
Even Financial can help you find a loan, even if your credit isn’t perfect. But you still might want to consider this service even if you have excellent credit, since it still works with top lenders. It has a simple, one-page form that you can fill out in a few minutes without having to scramble for information about your taxes or income. And its partners offer a wide range of loans with a lower-than-average APR.
Pros
- Poor credit accepted by some lenders
- Compare personalized rates with one application
- Partners with top-rated lenders
- Additional tools available
Cons
- Limited number of providers
- Approval isn’t guaranteed
- Mixed online reputation
- May be sent marketing materials
Compare other personal loan providers
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Which lenders does Even Financial partner with?
Even Financial partners with over 300 lenders — though not all provide personal loans. Some of its top partners include:
Are Fiona and Even Financial the same company?
Yes, Fiona is a comparison service powered by Even Financial that connects borrowers with different personal loan providers, credit cards and saving accounts. You can be connected with loans as high as $100,000, and the form typically takes a few minutes to complete. Your credit score isn’t affect by completing the form. Fiona uses 256-bit encryption to secure private information.
What do customers say about Even Financial?
| BBB accredited | No |
|---|---|
| BBB rating | D+ |
| Trustpilot score | 3.2 out of 5 stars, based on 1 customer reviews |
| Customer reviews verified as of | 18 November 2019 |
The Internet is pretty silent when it comes to Even Financial as of November 2019. It has an D+ rating on the Better Business Bureau (BBB) website and isn’t accredited. To make things harder, there are also no customer reviews and only one complaint. But while Even Financial doesn’t have many reviews to its name, you should still check the lender you’re connected with to ensure it has good online ratings.
Government action and advertising concerns
Even paid a $100,000 settlement to California Department of Business Oversight for violating the state’s loan broker laws in June 2019. The BBB also gave it a D+ rating because it wasn’t able to verify some advertising claims, such as the number of applications it’s received and the number of borrowers connected to a lender. The BBB considers this a direct violation of its advertising code.
How do I get started?
The process is simple, and you’ll see what loans you could qualify for in under 60 seconds. Here are the quick steps:
- Click the Go to site button on this page to be directed to Even Financial’s application form.
- Fill out the loan information to specify how much you’re requesting and why.
- Represent your credit score accurately.
- Complete your personal, contact and employment information.
- Submit the form and get your results nearly instantly.
What information do I need to fill out its online form?
To complete Even Financial’s online form, you will need to supply some basic information:
- Estimated credit score range
- Social Security number
- Annual income
- Pay frequency
- Highest level of education
What happens after I fill out its online form?
If Even Financial connects you with a lender, you will be redirected to the lender’s website. You may need to provide additional information or documents to complete a full application. If you’re approved, you’ll receive a finalized offer.
What if I don’t get connected with a lender through Even Financial?
It’s possible that you won’t qualify for a loan with the lenders in Even Financial’s network. If this happens, you can resubmit your information through Even Financial or compare other personal loan options instead. Improving your credit or lowering the amount that you’re requesting could also help you find a lender that will meet your needs.
How do repayments work with Even Financial?
Even Financial isn’t a direct lender — which means you won’t make repayments to it. Check your lender’s repayment terms and fee schedule to ensure you have everything in order and can make your payments on the due date.
Compare other personal loan brokers to see how they stack up against Even Financial.
Frequently asked questions
Personal loan ratings
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