Does Lendingpoint Require Collateral
An unsecured loan is a loan which does not require you to provide collateral (such as a motor vehicle) to the lender.
Can you get a mortgage without collateral?
An unsecured personal loan lets you borrow money without having to pledge items you own as collateral. Unsecured loans do not require collateral, like a house or car, for approval. Instead, lenders issue these loans based on information about you, like your credit history, income and outstanding debts.
Unsecured Loans: What They Are and How They Work - NerdWallet
What credit score do you 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.
LendingPoint Review for 2021: Personal Loans for Bad Credit
What documents does LendingPoint ask for?
Apply For a LendingPoint Personal Loan You must provide a government-issued photo ID. You must have a Social Security number. Your income (employment, retirement, or another source) must be at least $25,000 per year. You must have a bank account in your name.
LendingPoint Personal Loans Review 2021 - Investopedia