Our verdict
LoansUnder36 is a lending marketplace offering loans between $500 and $35,000. But compared to other marketplaces like Credible and Fiona, the LoansUnder36 website lacks clear information about the products it offers and the lenders it works with — but has many disclosures to protect itself from liability.
In one of these disclosures, the company states it works with tribal lenders — which often charge interest rates that can exceed 400% APR — much higher than “the loans under 36%” promised in the company's name. And in another disclosure, it implies that if you use the site, you're giving LoansUnder36's partners permission to run hard credit checks on you, which is not how other loan marketplaces work.
Also, be aware that LoansUnder36 may not even provide you with lenders to compare. After filling out the form, which asks for personal information like your Social Security number, bank account name and account number, we were redirected to a page to get a free credit report instead of being shown lenders. This is not how legitimate marketplaces operate, and it feels scammy.
Given LoansUnder36's lack of transparency, tribal lender partnerships and policies that indemnify the company from customer damages, we recommend skipping this one and using a more transparent and user-friendly loan marketplace to find a personal loan.
- Works with poor credit borrowers
- Lack of transparency
- Works with tribal lenders
- Company is not liable for any damages
- Little information about the company online
- Support options are lacking
LoansUnder36 personal loans is not currently available on Finder
Have you considered Best Egg personal loans?
Fast and easy personal loan application process. See options first without affecting your credit score.
- Fast turnaround
- Transparent website
- Stellar customer reviews
- Available to residents of 47 states
Max. Loan Amount
$35,000
APR
5.99% to 35.99%
Min. credit score
All credit types welcome
The term, amount, and APR of any loan we offer to you will depend on your credit score, income, debtpayment obligations, loan amount, credit history and other factors. Your loan agreement will contain specific terms and conditions. About half of our customers get their money the next day. After successful verification, your money can be deposited in your bank account within 1-3 business days. The timing of available funds upon loan approval may vary depending upon your bank’s policies. Loan amounts range from $2,000– $50,000. Residents of Massachusetts have a minimum loan amount of $6,500 ; Ohio, $5,000; and Georgia, $3,000. TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER, YOU MAY WRITE OR CALL Joseph Walsh – Operations Manager, Email: ccrt-resolution@bestegg.com, Address: P.O. Box 42912, Philadelphia, PA 19101, Phone: 1-855-82-6353. This lender is licensed and regulated by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website https://www.rld.nm.gov/financial-institutions/.
For a second Best Egg loan, your total existing Best Egg loan balances cannot exceed $100,000. Annual Percentage Rates (APRs) range from 8.99%–35.99%. The APR is the cost of credit as a yearly rate and reflects both your interest rate and an origination fee of 0.99%–8.99% of your loan amount, which will be deducted from any loan proceeds you receive. The origination fee on a loan term 4-years or longer will be at least 4.99%. Your loan term will impact your APR, which may be higher than our lowest advertised rate. You need a minimum 700 FICO® score and a minimum individual annual income of $100,000 to qualify for our lowest APR. For example: a 5‐year $10,000 loan with 9.99% APR has 60 scheduled monthly payments of $201.81, and a 3‐year $5,000 loan with 7.99% APR has 36 scheduled monthly payments of $155.12. To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents. Best Egg products are not available if you live in Iowa, Vermont, West Virginia, the District of Columbia, or U.S. Territories.
