Which Credit Bureau Does LendingPoint Use?
Doesn't report payments to all three credit bureaus: LendingPoint reports payments to Experian and TransUnion, but not Equifax. Reporting payments to all three bureaus ensures that any lender or business that checks your credit sees your loan payment history.
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
Is LendingPoint a direct lender?
LendingPoint is a fast-growing direct lender that makes personal loans of up to $36,500 as soon as the next business day to borrowers with credit scores of 580 and up.
LendingPoint Review: Personal Loans for Bad CreditWhy LendingPoint Personal Loans Are LegitHow to Get Money From LendingPoint as Fast as Possible