Apply Now - LendingPoint
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An Atlanta-based direct lender, making meaningful connections between traditional & nontraditional data to better understand your complete credit picture.
We’re in the business of helping fair credit consumers with credit scores in the 600s.
Most lenders don’t understand the potential of the fair credit consumer. At LendingPoint, we unlock access to affordable personal loans at fair rates by broadening decision-making criteria, beyond the credit score. We are making fair, fair again.
Lending Point’s products:
|Product Name||Lending Point Personal Loans|
|Min Loan Amount||$3500|
|Max. Loan Amount||$20000|
|Loan Term||730 - 1460 days|
|Turnaround Time||1 business day(s)|
|Bad Credit Loans||No|
|Products||Auto Loans, Debt Consolidation, Personal Loans|
|Rates||Loans are offered from $3,500 to $20,000, at rates ranging from a low of 15.49% APR to a high of 34.99% APR, with terms from 24 to 48 months.|
1201 Roberts Blvd., Building B 200 Kennesaw, Georgia, GA 30144|
|Social Accounts||http://www.facebook.com/lendingpoint1/ http://twitter.com/LPLoans http://www.linkedin.com/company/lendingpoint https://www.youtube.com/channel/UCVB04kysAgyGrg4nOZ6ZPuw https://www.pinterest.com/lendingpoint/|
Is Lending Point Available In Your State?
Lending Point is available in the following states: Alabama, California, Delaware, Illinois, Michigan, Missouri, Montana, New Jersey, Ohio, Oregon, South Dakota, Texas, Utah, Washington.
How to Apply for a Loan from Lending PointWhen making a credit decision, including determining applicable annual percentage rates, LendingPoint LLC may consider credit score, loan amount, loan term, credit usage and other information, but reserves the right to consider additional factors. Individual borrowers must be U.S. citizens or permanent residents, must be at least 18 years old or the age of contracting majority in the borrower’s state of residence, must have a valid deposit account with insured deposits located in the United States, and must have a valid social security number. We’re in the business of helping fair credit consumers with credit scores in the 600s. We’ll ask you for some personal information such as name, address, date of birth, social security number and income in order to see what loan offers you qualify for. Once you choose an offer, in order to receive final loan approval and funding we’ll ask for you information such as (but not limited to):
- Driver’s license
- Bank statements
- Proof of income
Lending Point Business Ratings
LendingPoint, LLC has received 3.46 out of 5 stars based on 1 Customer Reviews and a BBB Rating of A.
BBB Accredited Since 12/12/2014
BBB has determined that LendingPoint, LLC meets Standards of BBB Accreditation, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses pay a fee for accreditation review/monitoring and for support of BBB services to the public.
BBB accreditation does not mean that the business's products or services have been evaluated or endorsed by BBB, or that BBB has made a determination as to the business's product quality or competency in performing services.
BBB File Opened: 11/25/2014
Business Started: 10/28/2014
Type of Entity: Limited Liability Company
Business Management: Ms. Heather Favor, Executive Assistant Admin, Mr. Tom Burnside, CEO, Mr. Franck Fatras, CTO
Customer Service: Ms. Mellonie Rollo, Director of Compliance
Business Category: Loans, Consumer Finance & Loan Companies
Products & Services: This company offers consumer loans
Lending Point Company Information
LendingPoint is a balance sheet lender that offers personal loans to customers with credit scores between 600-700. It combines data and technology to create a proprietary risk model that adds new, multi-variate dimensions to credit analytics beyond the traditional FICO scoring. This model allows the company to get a more complete financial story of the consumer in order to approve more people who otherwise may have been overlooked by traditional credit models based on FICO.
In March 2017, LendingPoint announced that it would expand its consumer lending services nationwide through a partnership with Utah-based FinWise Bank and disclosed that it had extended nearly $200 million in consumer loans. The company was also awarded “Best Consumer Lending Product” by FinTech Breakthrough.
Lending Point Offices
1201 Roberts Blvd., Building B 200, Kennesaw, Georgia