We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

LendYou short-term loans review

Last updated:  

Find a lender that offers cash advances between $100 and $15,000.

finder.com’s rating: 2.5 / 5.0

★★★★★

LendYou is a loan connection service that works with lenders that can help you secure a cash advance. If you need some extra funds to help with a car payment, large purchase or any unexpected expense, LendYou’s lender network might be able to help.

$100

Min. Amount

$15,000

Max. Amount

Same business day to 1 business days

Turnaround time

Details

Product NameLendYou Short-term Loans
Min. Amount$100
Max. Amount$15,000
Loan TermVaries
Loan SecurityUnsecured
Turnaround TimeSame business day to 1 business days
CostsDepends on your credit score and state of residency
Requirements$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Go to LendYou's website

How does LendYou work?

LendYou is a loan connection service that works with a number of independent third-party providers. Once you apply, your application is sent to LendYou’s affiliate lenders. If a lender thinks your a suitable candidate for a loan, you may receive a loan offer.

You can apply for a loan up to $15,000. The amount you’re approved for depends on the lender you’re connected with, the information you provide in your application and your state.

Features available from LendYou

  • Generous loan amounts. LendYou has lenders in its network that offer loans up to $15,000.
  • Minimal restrictions. Provided you use your loan funds for a legal purpose, there are very few restrictions on how you can use your loan.
  • No collateral. Loans from LendYou’s network are unsecured so you won’t need to provide an asset when you apply.
  • Bad credit is OK. The lenders LendYou connects you with accept applicants bad credit. As long as you have the ability to repay your loan, your score won’t play a large role in your approval.

How does LendYou compare with similar providers?

Check the websites of any providers you’re interested in to confirm they operate in your state of residence.

Updated November 17th, 2019
Name Product Filter Values Max. Loan Amount Turnaround time Requirements
$35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
$15,000
Same business day to 1 business days
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
$50,000
Same business day to 1 business days
Employed, $800+ regular monthly income, checking account, ages 18+, US citizen
Fill out a simple online form to compare offers from several lenders that may be able to help.
$10,000
As fast as same business day
Regular source of income, bank account, US citizen or permanent resident, age of majority in your state
Explore its online education center to get tips on budgeting, how to prioritize your bills and more.
$1,000
Same business day to 1 business days
Valid bank account, proof of employment or steady income, US citizen, ages 18+
No credit? Past bankruptcy? One of the lenders in its network may still be able to help.

Compare up to 4 providers

Costs to consider

LendYou doesn’t charge a fee when you use its service. However, if you’re approved for a loan and choose to accept the terms, you’ll be charged interest and fees for your loan. LendYou’s partner lenders could charge up to 1,386% APR for a short-term loan, which can often make even small loans difficult to repay. Be sure to take these costs into consideration before you agree to the loan.

Is Lendyou.com legit?

Yes. LendYou is a legit loan referral service that connects borrowers to potential lenders. While it doesn’t make any decisions regarding your loan acceptance, it still abides by the Online Lender Alliance (OLA) list of Best Practices. This keeps your needs as a borrower in mind when it comes to short-term lending practices.

Is LendYou safe to use?

Yes. LendYou is an accredited member of the Online Lenders Alliance (OLA). Members of the OLA abide by a Code of Conduct and Best Practices to help ensure customers are fully informed and treated fairly. To help secure your personal information, LendYou utilizes 128-bit Secure Socket Layer (SSL) encryption technology.

Keep in mind that as a loan connection service, LendYou will share your personal information with providers in its network and possibly with marketing companies.

Go to LendYou's site

How do I apply for a loan?

The online application for the LendYou loan should take you a few minutes to complete.

Eligibility requirements

While each of LendYou’s providers have different requirements, these are the typical minimum eligibility criteria:

  • Earn a minimum regular income of $1,000 per month
  • Have a valid checking or savings account with direct deposit
  • Meet or exceed the minimum age requirement for your state
  • Be a US citizen or permanent resident

Steps to submit a loan application through LendYou

  1. Go to LendYou’s website.
  2. Select the type of loan you want: Cash advance loan, installment loan or personal loan.
  3. Enter the last four of your Social Security number, your email address, zip code and year of birth.
  4. Click Get Started.
  5. Complete the full application to get a decision in minutes.

What information will I need to submit?

You’ll need the following details on hand to complete your application:

  • Personal details, including your name, date of birth, and Social Security number.
  • Your employment information.
  • Details about your financial situation, including how much your are paid and when.
  • Your personal contact information, including your residential address, phone number and email address.
  • Your bank account information.

Bottom line

LendYou gives its users a chance to fill out one application and see which loans they qualify for. This helps you make an informed decision regarding your finances, however you still need to compare your options. Short-term loans have high costs associated with them, so it’s best to look for a lender that can offer your the best rate.

Are payday loans available in my state?

Frequently asked questions

Short-term loan ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

We analyze short-term loan providers and similar services to help you weed out predatory lenders and find a company you can trust. We rate providers on a scale of one to five stars. Our ratings are based on factors that are most important to you, which include: loan amount, application process, fees, customer reviews and borrower experience.

Read the full methodology of how we rate short-term loan providers and similar services.

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use and Privacy and Cookies Policy.
Go to site