Best Reviews TopConsumerReviews.com Best Installment Loans Best Reviews
Best Reviews
      November 17, 2018

Home  >  Installment Loans  >  Life Loans Review

Best

Installment Loans

  1. SoFi
  2. Lending Tree
  3. Upstart
  4. 100 Lenders
  5. Net Credit
  6. One Main Financial
  7. Personal Loans
  8. iLoan
  9. LifeLoans
  10. Max Lend

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Personal Loan Tips Newsletter

Latest Reviews

Bunk Beds

Charm Bracelets

Dating Sites

Eczema

Flower Delivery

Guitar Lessons

Hair Loss

Lice

Menopause Relief

Online Stock Brokers

Watches

 

Individual Reviews

LendingClub

SoFi

Lending Tree

Live Watch

100 Lenders

Net Credit

One Main Financial

Personal Loans

iLoan

Life Loans

Max Lend

 

Disclosure: We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we may be compensated for links and advertisements on our website. Click here for details.

Better Business Bureau Reliability Seal

Life Loans Review

Best Installment Loans

To help you find the Best Installment Loans, TopConsumerReviews.com provides you with an in-depth Life Loans Review.

To see ALL of our reviews for the Best Installment Loans, please Click Here

Medical bills, unexpected car repairs, layoffs and more - does any of this ring a bell? There are lots of reasons why many people find themselves strapped for cash. What can you do if your income just isnít enough to make ends meet and you need money?

If you have a financially-comfortable friend or relative, you could put yourself through the embarrassment of asking them for a loan - which would be better than paying the extremely high interest rates associated with most credit cards or payday loans. Another option is to consider an installment loan.

Continue reading below reviews

Best Reviews

2018

Installment Loan Reviews

2 stars
Life Loans

LIFE LOANS Visit Site

Loan:

From $100 to $35,000

LifeLoans offers installment loans ranging from $100 to $35,000. As a service that matches borrowers with a lending network, they do not fund any loans themselves.

The LifeLoans site is disappointingly short on details. How many lenders are in their network? What are the average interest rates on installment loans? How likely is it that an individual will qualify for a loan? Those are all excellent questions that go unanswered by the site. We did see in the very small print at the bottom of the site that residents of Connecticut, New Hampshire, Washington, and Vermont are not eligible to apply for any type of loan through LifeLoans.

To use the LifeLoans site, you start by entering your desired loan amount, monthly income, credit score range, and your zip code. From there, we would have liked to see a list of potential partners and sample loan terms. Instead, we were taken to another page asking for more detailed information, including our Social Security Number. Many people will be reluctant to provide that kind of ID without assurances that LifeLoans is a reputable source of installment loans.

However, we were unable to find anything solid to establish that reputation. We did see that they are members of the Online Lenders Alliance, which establishes policies of integrity and honesty in lending. On the other hand, LifeLoans had no listing with the Better Business Bureau and seemingly no history at all with previous customers - positive or negative.

In the end, LifeLoans could do a more effective job of establishing themselves as a reputable borrower-to-lender service with more transparency and with reviews from customers who have been satisfied with the process of getting an installment loan through their service.

Visit Site

Continued from above

Repaid over time with a predetermined number of set payments, these loans can help bridge the gap between what you have and what you need while allowing you to comfortably accommodate the repayment schedule. Many installment loans today are funded using a system known as a social lending network, matching borrowers with lenders through a peer-to-peer structure. Compared with other loans available, these installment loans usually have lower interest rates, mostly because of the lower overhead costs associated with this type of borrowing.

While you may feel a little apprehensive when trying to choose a lender for your installment loan, there are several factors you can use to make sure your loan is on solid footing. When looking at any potential lender, here are three things to check out:

  • Loan application process. What do you need to provide in terms of documentation to complete the application? Can all or most of the process be done online?
  • Loan rates, terms, and amounts. Will the lender provide an installment loan that covers the amount you need? Do the available repayment terms Ė such as the interest rate, and length of the loan - seem reasonable?
  • Reputation. Does the lender have a good track record for providing quality customer service? Is the lending company accredited with the Better Business Bureau?

TopConsumerReviews.com has reviewed and ranked the best Installment Loans available today. We hope this information helps you find the loan you need with the best possible rate and terms!

Global Installment Loan Software Market Growth 2018-2025

Latest Report Available at Analytical Research Cognizance, "Installment Loan Software Market" provides pin-point analysis for changing competitive dynamics and a forward looking perspective on differe...

Published:  Sat, 17 Nov 2018 02:00:00 GMT



Regulation of installment loans varies widely by state

A new report from Pew Charitable Trusts finds that nearly 10 million Americans turn to consumer finance companies for short-term installment loans when they need quick cash. But just how much they pay ...

Published:  Thu, 18 Oct 2018 10:54:00 GMT



Brianna McGurran: Are you afraid of your college debt

In the accounts section, student loans will likely be listed as installment loans. Take note of the company that owns the loan and what the balance is. That's the hard part. And now it's over. Step 2: ...

Published:  Mon, 29 Oct 2018 05:22:00 GMT



Jack Dorsey's Square will start lending for customer purchases

The product puts Square into a crowded space of financial technology companies such as Max Levchin's Affirm Inc. and PayPal Holdings Inc. that also offer installment loans. It's also the company's lat...

Published:  Thu, 04 Oct 2018 16:06:00 GMT



Goeasy: Impending Regulatory Changes Could Jeopardize Entire Business Model

My analysis of an Ontario Ministry of Government and Consumer Services consultation paper released in mid-2017 indicates that potential widespread regulatory changes to the consumer installment loan i...

Published:  Thu, 13 Sep 2018 08:03:00 GMT



Carbondale reduces the number of installment loan companies within city limits

CARBONDALE - There are 11 installment loan companies in Carbondale currently, according to the city, and recent action by the City Council will slowly reduce the presence of such businesses. The Carbo...

Published:  Thu, 16 Aug 2018 15:43:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure