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finder.com’s rating: 4.56 / 5.0
★★★★★
Min. Loan Amount | $1,000 |
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Max. Loan Amount | $100,000 |
APR | 5.99% to 35.99% |
Interest Rate Type | Fixed |
Min. Credit Score | 550+ |
Loan Term | 2 to 5 years |
Turnaround Time | 1 to 2 business days |
You need to meet the following eligibility requirements at a minimum to qualify with a lender in Lendvious’s network:
However, other factors like your debt-to-income ratio (DTI) and credit history can affect the lender you’re connected with. To qualify for the most competitive rates and get the most offers, you’ll typically need excellent credit, a DTI well below 43% and have a history of paying off debt on time for at least a few years.
BBB accredited | Yes |
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BBB rating | A+ |
BBB customer reviews | 5 out of 5 stars, based on 1 customer reviews |
Trustpilot score | 4.8 out of 5 stars, based on 108 customer reviews |
Customer reviews verified as of | 12 December 2019 |
Lendvious doesn’t have a BBB page, but its parent company FinMkt does. Unfortunately, the only review gives it five stars for “okay” service. On Trustpilot, Lendvious earns great reviews for its simple process. However many of these reviews may be misplaced. Borrowers compliment the loans they received — and since Lendvious is a connection service, not a lender, this may not accurately reflect the average experience with Lendvious.
Lendvious has an online form that only takes a few minutes. Follow these steps to get started:
Typically, Lendvious’s lenders ask to see a few basic documents:
If you only qualify for a secured loan, your lender might ask for proof of collateral like your car’s title.
Filling out Lendvious’s online form only takes a few minutes, and you should receive offers from lenders soon after. Once you choose a lender, Lendvious directs you to the lender’s site, where you will complete and submit your application. At that point, you should direct all questions to your lender’s customer service.
Turnaround time depends on which lender you go with, though some can get you funds in as little as one business day after signing your documents. Typically, it takes between 24 and 48 hours.
Lendvious isn’t a lender, so you won’t repay your loan through it. Instead, check your loan agreement to see when repayments are due, what fees you might have to pay and how you can make your repayment each month.
Visit our personal loans guide to compare lenders — including marketplaces — and learn about how it all works.
We analyze top personal loan providers and rate them one to five stars based on factors that are most important to you. These factors include: rates and fees, customer reviews, loan amounts, loan processing and borrower experience.
Read the full methodology of how we rate personal loan providers.
Review by
Anna Serio is a trusted lending expert and certified Commercial Loan Officer who's published more than 1,000 articles on Finder to help Americans strengthen their financial literacy. A former editor of a newspaper in Beirut, Anna writes about personal, student, business and car loans. Today, digital publications like Business Insider, CNBC and the Simple Dollar feature her professional commentary, and she earned an Expert Contributor in Finance badge from review site Best Company in 2020.
Lendvious’s personal loans marketplace is ideal if you have less-than-perfect credit and have struggled to qualify for financing in the past. You can compare offers from multiple lenders you might qualify with by filling out one online form. And the partners in its network are willing to accept credit scores as low as 550.
But you might end up fielding phone calls and emails from its partner lenders — even after you take out a loan. If you’d rather not have your personal information shared with third-party companies, you might be better off applying with a lender directly.
Not sold on Lendvious? Compare your other personal loan options below.