What Credit Score Does LendingPoint Use?
Doesn't report payments to all three credit bureaus: LendingPoint reports payments to Experian and TransUnion, but not Equifax.
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.
LendingPoint Personal Loan Review: Fast Funding for Fair ...
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.
LendingPoint Review: Personal Loans for Bad CreditWhy LendingPoint Personal Loans Are LegitHow to Get Money From LendingPoint as Fast as Possible
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