LendingPoint Review

To the Point Personal Loans

 Launched in 2014, LendingPoint has delivered short-term financing to countless qualified consumers. Directed at fair credit borrowers, LendingPoint looks beyond a borrower's credit score and interacts on a personal level to provide the best loans at the best rates. It uses a multidimensional underwriting model to quickly evaluate risks, which caters to consumers who need money fast.

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With over 25 years of experience in the financial industry between its executives, LendingPoint comprehends the value of one-on-one interactions between clients and lending experts and offers borrowers the chance to rewrite their credit stories.

LendingPoint Highlights

  • Receive funds within 1 business day
  • Up to $20,000 for any loan purpose
  • Welcomes borrowers with fair credit



  • Flexible loan terms
  • Caters to lower credit scores
  • Loans approved for most purposes
  • Holistic approach to financial history


  • APRs can be high
  • No special benefits for good credit score

Loan Term Options 

LendingPoint offers flexible repayment terms of anywhere between 24 and 48 months and  APRs ranging from 15.49% to 35.99 %.

LendingPoint charges 5 percent of the loan amount as a origination fee, but it can be paid upfront or split among the monthly payments. However, Lending Point does not charge processing fees, as many of its competitors do.

Loan Purpose and Amount 

LendingPoint provides flexibility to borrowers, with loan amounts ranging anywhere from $3,500 to $40,000, with two to four years for repayment.

By choosing when to pay the origination fee and selecting how many payments will be made each month, it is possible to stay within budget. If there are circumstances when payments are too difficult, an individual can reach out to his or her "PointPerson" so that a new schedule can be arranged. The experts behind LendingPoint understand that having access to cash at a fair rate helps a person move ahead and become financially stronger. Anyone who has been turned away from a conventional bank should consider LendingPoint. Since this company places focus on a person's financial potential and not a person's financial past, it is recommended for an individual who needs to secure money without incurring extremely high interest rates.

Lending Qualification Process

Getting qualified for a loan with LendingPoint is an easy and hassle free process. Since LendingPoint applies a holistic view of a borrower's financial history, most borrowers will not be turned down due to poor credit. Loan applicants will need to mention the loan purpose and provide personal information and from there it is a matter of minutes for the process to be completed. 

Customer Service

Getting in touch with Lending Point  can be done at all hours of the day and night and in multiple mediums. LendingPoint offers customer support 24/7 and can be reached by email or phone.  The company also offers an informative FAQ section on their site, providing clear answers to many popular borrowers’ questions.

Quote Application Process

Applying for a loan from LendingPoint takes very little time. Borrowers are asked to choose loan amount and terms, specify the purpose of the loan, provide personal details and then select an offer. The best part is that funds are available the next day. If there are any questions about the process, LendingPoint assigns a "PointPerson" to each applicant. This individual is available to address concerns throughout the loan's life as well.


LendingPoint is a smart option for poor-credit borrowers who need personal loans to consolidate debts. Although the interest rates may be on the higher end they are still lower relative to competitors who do not check credit scores. However, LendingPoint is smart for individuals who have trouble qualifying for traditional loans.

Visit LendingPoint

Physical Address

1201 Roberts Blvd Suite 200 

Kennesaw, GA 30144


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