• APR RANGE: 5.99%-35.99%
  • LOAN AMOUNTS: $1.000-$35,000
  • REPAYMENT TERMS: Depending on lender
  • LOAN TERMS: 90 days-72 months
  • FEES: Depending on the lender
  • FUNDING TIME: 1 business day upon approval
  • INCOME THRESHOLD: Peer-to-peer and installment loans: Depending on the lender

PersonalLoans.com Reviews, Pros & Cons, Rating [2022's Update]

  • APR RANGE: 5.99%-35.99%
  • LOAN AMOUNTS: $1.000-$35,000
  • REPAYMENT TERMS: Depending on lender
  • LOAN TERMS: 90 days-72 months
  • FEES: Depending on the lender
  • FUNDING TIME: 1 business day upon approval
  • INCOME THRESHOLD: Peer-to-peer and installment loans: Depending on the lender

Best For

Emergency Funds


  • Soft credit pull
  • No collateral required
  • Generous loan amounts
  • Fast funding - 1 business day
  • Quick and simple online process
  • Large lender network


  • Not a direct lender

If you’re searching through PersonalLoans.com reviews on the web and wondering whether it’s going to work for you, we’ve got the answer!

The platform was launched with the mission to provide a convenient and easy way for consumers to look for a personal loan through a third-party lender network and a variety of funding options.

PersonalLoans.com is an online web portal that attempts to connect borrowers with potential lenders and lending partners from their network who are willing to offer them personal loans at competitive rates. This platform is best suited for people in need of emergency funds.

In our PersonalLoans review, we will focus on the online application process, eligibility criteria, pros and cons, privacy and security policy, and more.

What Do You Need to Know About PersonalLoans.com?

Before we give you an overview of what PersonalLoans.com offers and the reasons they get a great rating, it’s important to note that they don’t lend the money directly. The company attempts to connect you with a lender in their network. This means that once a lender gives you an offer, PersonalLoans.com will no longer be involved. So, make sure you read the lender contract carefully.

Types of personal loans

There are 3 types of personal loans. PersonalLoans reviews reveal that these include peer-to-peer, personal installment loans, and bank personal loans.

Loan Features

Here are some details about how PersonalLoans.com works. Take a look:

  • Expected Loan Amount – The minimum is $1,000, and the maximum is $35,000
  • Annual Percentage Rate (APR) – The minimum loan rate is 5.99%, and the maximum 35.99%
  • Loan Term – minimum repayment term is 90 days and the maximum term is 72 months
  • Types of Interests – Varies from lender to lender
  • Unsecured or Secured – Unsecured
  • Typical Loan Decision Time – You may be able to receive a loan offer within minutes after you submit the online form
  • Typical Funding Time – The typical PersonalLoans.com funding timeframe is as little as 1 business day after the loan request is approved. However, it can vary from lender to lender
  • Fees and Penalties – Vary from lender to lender

What Are the PersonalLoans Criteria?

PersonalLoans.com loan requirements vary depending on the loan type you choose. Continue reading to learn about general and specific requirements that might be involved.

Age and Residency Status

The applicant must:

✓ Be 18 years of age or older.
✓ Have a valid SSN (Social Security Number).
✓ Be a permanent resident or a legal citizen of the US.


✓ PersonalLoans.com requires the applicant to disclose their source of income. Thus, the applicant must show that they have full-time employment, are self-employed, or receive regular disability or social security benefits. Some lenders may require a pay stub for loan approval.

Bank Account

The applicant must also provide a valid checking account so that once the loan is approved, the lender/lending partner can have your funds deposited electronically into that account accordingly.

Please note that meeting these requirements doesn’t necessarily guarantee that your request will be approved, but it will surely increase your chances of approval.

How to Complete the Online Form on PersonalLoans.com?

The online process will hardly take you 5 minutes. It’s quick and straightforward.

Step 1. All you have to do is fill out the online form on their website. The form requires information such as loan amount, credit type, and income information.

Step 2. Now submit the online form. The lender network will review your information to see if they can offer you a loan.

Step 3. If an offer is presented to you, you will receive a loan agreement with the loan amount, APR, and terms. The lender may ask you to submit additional information.

Step 4. If you accept the offer, the funds shall be transferred to your account within 1-5 business days, depending on the lender.

Privacy & Security Policy

PersonalLoans.com takes special security measures and conforms to the applicable security laws in order to ensure your personal information is kept safe and secure from unauthorized access. These measures predominantly include secured files, buildings, and computer safeguards.

PersonalLoans.com Alternatives

Perfect does not exist and there each and everything has its perks and drawbacks. In addition, we give a short comparative review of PersonalLoans.com’s fiercest competitors.

PersonalLoans.com vs BadCreditLoans.com

PersonalLoans.com vs Lending Tree

PersonalLoans.com vs Even Financial

Win: According to PersonalLoans reviews, this online lending platform has the most flexible terms.

Lose: BadCreditLoans.com in contrast has the easiest process for obtaining a bad credit loan.

BadCreditLoans is best for small loans. 

Read the full review of BadCreditLoans.com here

Win: PersonalLoans.com has looser requirements.

Lose: Lending Tree is considered a platform with the best varieties of lenders but its biggest downside is the inability to unsubscribe and the frequent spamming.

LendingTree is best for flexible loans. 

Read the full review of Lending Tree here

Win: PersonalLoans.com doesn’t require collateral and performs a soft credit pull only. 

Lose: Even Financial wins over PersonalLoans.com for the loan amount which is bigger than most lenders as well as the quick application process. 

Even Financial is best for application automation.

Read the full review of Even Financial here

If you need a loan, chances are you will find one on PersonalLoans.com for sure. It has a large base of lenders for different types of loans ranging from $1,000 to $35,000. The best thing about it is that it doesn’t require collateral.

Is PersonalLoans.com Worth It?

If you want a personal loan in the shortest time, PersonaLoans.com is the place to get started, as seen from the numerous satisfied customers’ reviews. Their lender network offers unsecured personal loans, and you can easily complete the online form to see if you get offered one.

Where PersonalLoans.com Dominates

PROS Fast funding time
Soft credit pull
Generous loan amounts available
Offers loans by different lender types
The online process is quick and simple

Where PersonalLoans.com Falls Short

CONS PersonalLoans.com is not a direct lender
Many personal loan eligibility requirements

PersonalLoans.com can turn most beneficial for people who are in need of fast and flexible loans without hard credit checks or collateral.


Can I refinance my personal loan?

To get this information, you will need to contact the lender that offered you the loan.

What can I use my personal loan for?

You can use it for just about anything you want. There are no restrictions. PersonalLoans.com loans can be a great option for those customers looking to borrow money for a wedding, home improvement, or family vacation – some of the purposes mentioned in reviews.

Can I get a personal loan online?

Yes. PersonalLoans.com offers an online process that we’ve covered in more detail in our review.

Who are their personal loans best for?

PersonalLoans.com focuses on providing borrowers with easy access to their lender network, and this may be the best choice for those in need of emergency funds.

Is PersonalLoans.com BBB accredited? What is its rating?

PersonalLoans.com has a BBB (Better Business Bureau) rating. It is unfortunately rated “F” but, it is advisable to read a couple or more PersonalLoans.com reviews before you make your final decision. After reading a variety of reviews, you will be able to decide better and more confidently.