• APR RANGE: 4.9%-35.99%
  • REPAYMENT TERMS: 24-84 months
  • LOAN AMOUNTS: $1000-$100.000
  • FUNDING TIME: Determined by lenders
  • FEES: No setup fees

In-Depth Even Financial Reviews [Updated for 2021]

  • APR RANGE: 4.9%-35.99%
  • REPAYMENT TERMS: 24-84 months
  • LOAN AMOUNTS: $1000-$100.000
  • FUNDING TIME: Determined by lenders
  • FEES: No setup fees

Best For

Automating Personal Loan Applications


  • Valuable network of reputable loan providers
  • Boasts Online Lenders Alliance (OLA) seal
  • Fantastic online educational resource center
  • Various interest rates and loan term options


  • Customer service available only via email
  • Number of offers could be overwhelming

It’s been on the financial block since 2014, but that hasn’t stopped Even Financial from amassing a large fan base. Even Financial recognized how frustrating and time-consuming the personal loan application process was and set about to change that with its personal loan comparison service.

But is the company all it’s cracked up to be? If Even Financial reviews are anything to go by, yes! Even Financial’s the ideal choice for anyone who is looking for a personal loan but doesn’t want to be subjected to endless application processes and conversations with multiple lenders.

Even Financial reviews will fill you in on:

  • what the company has to offer
  • its eligibility criteria
  • application process
  • pros and cons
  • security information
  • FAQs

With Even Financial you can expect an easy application process, competitive rates, multiple loan options, and an assortment of resources. And that’s just the tip of the iceberg!

Even Financial Personal Loans Key Details

Before we move on to our Even Financial review, here are some things you should know if you want to apply for a loan with this company.

  • Expected loan amount ranges from $1,000 to $100,000 based on the amount requested and your credit score.
  • Because of its marketplace model the Annual percentage rate (APR) on the loans offered ranges from 4.99% to 35.99% depending on the lender and loan you apply for.
  • Even Financial will connect you with lenders to find you one with a monthly payment option that best suits your budget.
  • Even Financial’s loan term repayment ranges from 24 to 84 months.
  • You don’t have to pay a cent to make use of the Even Financial platform. All fees and penalties (origination fee; prepayment penalty, late payment penalty, returned payment fee) are charged by the lender you opt for.
  • Even Financial’s lenders offer many different types of interests, so opt for one with the most competitive interest rate.
  • You will be presented with a range of unsecured personal loans offered by the various lenders on Even Financial’s platform.
  • Most lenders will allow you to opt for automatic withdrawal so you won’t need to worry about making manual repayments.
  • As is the case with almost all loan comparison services, Even Financial does not offer any kind of arbitration services.
  • Even Financial is free of charge and as such there is neither a prepayment penalty, nor hidden fee charges. These are determined and enforced by the loan institutions, so be sure to read the fine print of any agreement you sign.
  • Comprehensive privacy policy can be found on the Even Financial website, so be sure to read through it and pay careful attention to the fine print that documents the information they collect and how they use it.
  • Since Even Financial isn’t a loan officer it doesn’t have any personal loan features of its own. However, its various lenders offer a range of personal loan features (mobile app, customer service via phone, no origination fee, etc).
  • The typical approval time of a successful application is just a few minutes.
  • The typical funding time of Even Financial is determined by its lenders so it varies accordingly.

What are Even Financial Personal Loan Eligibility Criteria?

Almost anyone can apply for a personal loan with Even Financial. It’s eligibility criteria are fair and make the service accessible to most US adults. There is no minimum income threshold or length of credit history requirements. So long as you meet other Even Financial credit requirements regarding the age, citizenship and minimum credit score – you’re good to go!

  • Years of age: 18 years of age
  • Citizenship: US citizens or permanent residents only
  • Minimum credit score: The minimum credit score needed is 550
  • Income threshold: No minimum income threshold specified
  • Minimum length of credit history: No minimum length of credit history specified

How to Apply For a Personal Loan with Even Financial?

Finding the right personal loan to apply for with Even Financial could not be any easier. Whether you’re reading an Even Financial refinance review or scouring through Even Financial student loans reviews one thing will keep popping up: the ease of application. Just one look at the below Even Financial application process review and you’ll see what we mean.

  1. Visit the Even Financial personal loan finder.
  2. Enter the loan amount that you’d like to apply for. You can enter any number ranging from 1,000 to 100,000.
  3. Next, you’ll need to state your reason for requesting a loan. The options are: debt consolidation, credit card refinance, home improvement, large purchase, student, auto, baby, boat, business, green loan, household expenses, medical and dental, moving and relocation, taxes, vacation, or other.
  4. Enter your approximate credit rating. If you have a limited or non-existent credit rating, select that option.
  5. Enter your email address.
  6. Enter your date of birth.
  7. State whether you rent your home, own it with a mortgage or own it outright.
  8. State your highest level of education.
  9. Enter your street address, zip code, city, and state.
  10. Provide your phone number.
  11. State whether you’re employed, unemployed, self-employed, retired, or a member of the military.
  12. Enter your annual income in $USD and state whether you get paid weekly, bi-weekly, monthly, or twice a month.
  13. Enter your social security number.
  14. Accept the terms and conditions and wait for the offers to start pouring in! This takes just a few seconds and you’ll be automatically redirected to the most appropriate loan offering that, based on the information you provided, you’ll have preapproval for.

As you can see from the above Even Financial application process review, this is about as easy as it gets. The entire application process can take up to as little as 60 seconds of your time if you know all of your information. If you don’t know all of this information off-hand it may be a good idea to have your SSN and bank records on hand.

Privacy & Security Policy

Even Financial makes use of 256-bit SSL Encryption on both its website and within its API. Naturally, the information you provided in the initial application process is given to various lenders. But if you’re worried about Even Financial lenders credibility, don’t be. Even Financial’s network of lenders is composed of reputable established companies such as LendingClub, AVANT, Best Egg, and Prosper.

Pros Cons
Quick and easy application process Sometime you may get too many offers
Valuable network of reputable personal loan providers and institutions Not the largest lenders network
BBB A rating and largely positive BBB reviews Customer service only available via email through the website
Boasts Online Lenders Alliance (OLA) seal
Fantastics online educational resources
Various interest rates and loan terms
Competitive interest rates


If, for some reason, you aren’t sure that you want to apply for a loan with Even Financial, we have alternatives for you that may be worth checking. 

5k Funds

5k Funds has been in the business two years longer than Even Financial, and it offers personal loans as well. The difference is that Even Financial offers higher loan amounts up to $100,000, potentially lower APR, and better loan terms. Neither of the companies charges an origination fee. 

According to some Even Financial reviews, this company’s requirement is that you must have a minimum credit score of 550 or above, while in 5k Funds, there is no minimum score needed, only a steady monthly income.

Loans Under 36

Both companies have been in the business of personal loans for six years. Loans Under 36 offer lower loan amounts up to $35,000, and because of those lower amounts, it also has lower terms of up to 24 months.

If, after reading Even Financial personal loans reviews, you still haven’t decided, and you have bad credit, know that this company doesn’t require a minimum credit score, but because of that, APR can be high


Credible has been in the business two years longer than Even Financial. It generally has lower APR rates than Even Financial, but it depends on the lender. It offers the same loan amounts and terms as Even Financial.

With Even Financial, even people with bad credit can apply for loans, while Credible requires a minimum credit score of 640, so loans are not accessible to someone with a bad or poor credit score.


Monevo has been on the personal loans market for more than five years. Both Monevo and Even Financial offer the same loan amounts. But, what’s different is that Monevo’s lender network, when requirements are met, has a lower APR of 3,49%. Also, Even Financial has better loan terms than Monevo. 

Monevo’s lender network doesn’t have fixed criteria for a minimum credit score; it varies from lender to lender, but it doesn’t hurt to try if you have a bad credit score. Even Financial funding time varies, but with most lenders at Monevo, it is one business day.

Wrap Up

So if you’re looking for a quick and easy way to bring personal loan offers to you by barely lifting a finger, this may just be it. In addition to its fair personal loan eligibility criteria, incredibly fast application process, and its impressively high-quality pool of lenders, Even Financial BBB reviews are massively positive and the company boasts the Online Lenders Alliance (OLA) seal of approval.

We know that there are plenty of Even Financial reviews for you to read, but thank you for picking ours. We hope that it has brought you one step closer to applying for your personal loan and achieving the level of financial freedom we all desire.


Can I refinance my personal loan?

Yes. Use the Even Financial platform to find unsecured personal loans and search for new loans from online direct lenders. Then you use the funds to pay off your old personal loan.

Even Financial interest rates vary according to the lender so be sure to opt for a new loan that has a better interest rate in order to improve your financial situation and lower your monthly payment amount.

What can I use Even Financial personal loan for?

You can use your Even Financial personal loan for bad credit to fund your upcoming home improvement project, prepare for a baby on the way, or fund your studies – whatever you like. 

And, if you’re looking at Even Financial for debt consolidation, you’re in luck, because it can help you to take care of that.

Can I get a personal loan online?

Absolutely. We are living in the digital era after all. The entire application process with Even Financial is conducted online and the unsecured loans and personal loan providers it connects you to offer the same ability to apply online or via telephone.

Who is Even Financial personal loan best for?

The Even Financial rating is so high because you can use the loans secured through the platform for whatever purpose you like. It is easy to use, as the Even Financial reviews show, and particularly well suited for people who are short on time and want preapproval as soon as possible.

What is Even Financial’s BBB Rating? Is it accredited?

Yes, Even Financial is BBB accredited for quite some time now. It boasts an impressive rating of A.

Is Even Financial safe?

Yes, it is safe to use Even Financial’s services. If you’re worried about your data not being safe, don’t be because they are protected by 256-bit encryption technology.

Is Even Financial legit?

Yes, it is a legitimate company that offers loans, among other services. Read a couple of Even loans reviews, and you’ll see that it has helped many individuals to get personal loans.


I am a curiosity-driven creature searching for answers — and questions — in the digital realm. From marketing through online business creation to software tools — I am fascinated by everything that can make life easier. When not looking for meaning, yoga and good food keep me grounded.