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Does LendingPoint Approve Bad Credit?

Most notably, LendingPoint offers same-day approval and the possibility of next-day funding for qualified borrowers with fair, or even poor credit — it may approve applicants with a minimum 580 credit score.

Does LendingPoint do a hard inquiry?

If you select a loan option from us, before final approval we require a “hard inquiry” to verify the information you've provided on the application. This “hard inquiry” will be seen as an inquiry on your credit report. ... At this time, LendingPoint does not offer joint or cosigned loans.

FAQs | LendingPoint

How long does it take to get approved for a loan through LendingPoint?

Once you've submitted all the required documents, LendingPoint says it can often provide a final review and loan approval in just a few hours, allowing you to get your funds as soon as the next day. Although not available in Nevada, or West Virginia, LendingPoint operates in all other 48 states and Washington, D.C.

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What credit score do I need for LendingPoint?

Minimum credit score: LendingPoint requires a credit score of 580 or higher for their personal loans, according to customer service representatives. Minimum income: You must have an annual income of at least $20,000. Age: You must be at least 18 years old.

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Which loan company is best for bad credit?

List Of Top 5 Online Bad Credit Loans with Guaranteed Approval. MoneyMutual : Overall Best Platform For Bad Credit Loans.BadCreditLoans : Best Loans For Poor Credit Score.CashUSA : High Chances Of Loan Approval.Personal Loans : Best Personal Loans Online.Credit Loan : Lowest Rate Of Interest.

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