Best Reviews TopConsumerReviews.com Best Personal Loans Best Reviews
Best Reviews
      November 20, 2019

Home  >  Personal Loans  >  Personal Loans vs Better Loans Mutual

Best

Personal Loans

  1. LendingClub
  2. SoFi
  3. Avant
  4. 100 Lenders
  5. Money Lion
  6. Prosper
  7. NetCredit
  8. Upstart
  9. Personal Loans
  10. OneMain Financial
  11. LifeLoans
  12. Better Loans Mutual

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

Ballroom Dancing Lessons

Copyright Registration

Drum Lessons

Home Security Systems

Painting Lessons

PMS Relief

Self Publishing Companies

VOIP Services

Website Templates

Wedding Planning Software

Wedding Websites

Wills

 

Individual Reviews

LendingTree

LendingClub

SoFi

Avant

100 Lenders

Money Lion

Prosper

NetCredit

Upstart

Personal Loans

OneMain Financial

LifeLoans

Better Loans Mutual

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

Personal Loans vs Better Loans Mutual

Best Personal Loans

To help you find the Best Personal Loans, TopConsumerReviews.com provides you with an in-depth comparison of Personal Loans and Better Loans Mutual.

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

Are you in need of some cash? Historically, borrowers have had limited options for a personal loan. You could ask a family member, a friend, or find a personal finance company that offered fixed-rate loans, typically at exobrtantly high interest rates.

Today, however, finding a personal loan brings several more options to the table. While you can still ask a family member, or get a high-rate loan from a finance company, you can also consider using a social lending network. These networks, also called peer-to-peer loans, generally have much lower overhead and as a result can offer much lower interest rates. They're facilitated by professional companies familiar with this type of lending, to simplify things for all parties.

Continue reading below reviews

Best Reviews

2019

Personal Loan Reviews

3.5 stars
Personal Loans

PERSONAL LOANS Visit Site

Loan:

From $1,000 to $35,000

Personal Loans works to connect their customers with a reputable, qualified lender that can help with their personal loan needs. Personal Loans provides access to peer to peer loans, personal installment loans, and personal bank loans for customers located in all U.S. States except North Dakota and Maine. For those seeking a loan between $1,000 and $35,000 this company provides a lot of flexibility to suit the needs of many. Unfortunately we were unable to verify the current Better Business Bureau score of Personal Loans.

Personal Loans does require all customers be at least 18 years old, have a social security number, and be a legal U.S. citizen or permanent resident. Additional requirements include full time employment, self-employment or the receipt of Social Security benefits and/or disability. Customers are more likely to be accepted for a personal loan if they have a credit score of at least 580 or greater and a decent payment history.

The current loan rates through Personal Loans are not publicized due to the varying types of loans and number of lenders that are utilized. Requesting a loan at Personal Loans is rather straightforward:

  • Enter the amount you want to borrow, the purpose of the loan, and your credit score range
  • Input your name, address, income, date of birth, driver's license number and bank account information
  • Personal Loans will verify your identity and creditworthiness and pass on your information to lender partners
  • If a lender is interested in working with you, you'll be immediately directed online to their loan terms which you may choose to accept or deny.
  • The personal loan will be paid directly to your bank account within 1 to 5 business days.

Personal Loans does not charge you, the customer, for the lender connecting process. Any related fees are accessed directly to their lender partners. The website is informative and easy to navigate with the option to email or call if questions occur.

The benefits of working with Personal Loans is the variety of loan options, the quick approval process and the payment turnaround. Despite finding several positive customer reviews online we would have liked to have validated their BBB rating and found more history on the company to feel more confident. However, if you're looking for a personal loan, Personal Loans may be worth looking into when flexibility and speed are important.

Visit Site

1 star
Better Loans Mutual

BETTER LOANS MUTUAL Visit Site

Loan:

From $100 to $5,000

Better Loans Mutual does not make personal loans directly. Rather, they connect borrowers with providers of auto loans. Most of the lenders who partner with Better Loans Mutual require that you:

  • Be employed (at least 90 days in your current position)
  • Be at least 18 years old
  • Be a US citizen or permanent resident
  • Have a post-tax income of at least $1,000 per month
  • Have a valid email address, home phone number, and work phone number

The total amount of your loan can be no higher than $5,000, the smallest amount of any of the sources of personal loans in our review.

When we tried calling the provided toll-free number, the message said, "Thank you for calling the Cash Request Center", not Better Loans Mutual. After entering our zip code, we were asked to enter a four-digit number representing our year. No matter what we entered, with or without the pound sign, it would not accept our information and terminated the call.

We similarly found no customer reviews of Better Loans Mutual, and no evidence that the referral service they provide is useful or even trustworthy. You'll be more likely to get the cash you need through another personal loan service, so we suggest you consider one of the more reputable, established lenders in our review.

Visit Site

Continued from above

No matter where you borrow money from, before you get your next personal loan you should consider the following:

  • BBB rating. Does the lending company have a solid history of doing good business with its customers?
  • Loan size and rate. How much will the lending company offer? What interest rate do they charge their customers?
  • Loan application process. When applying for your personal loan, can it be completed online? Is the lending process easy and straightforward?

TopConsumerReviews.com has reviewed and ranked the best online personal loan providers available today. We hope this information helps you find the best loan at an affordable rate that meets your needs!

How a Personal Loan Can Raise Your Credit Score by 20 Points or More

That transparency to you is core to our editorial integrity, which isn't influenced by compensation. Most people who consolidate debt with a personal loan see their credit score go up -- here's why.

Published:  Sat, 16 Nov 2019 13:04:00 GMT



Home loan 101: Do personal loans hurt or help home buyers?

And with Uber Eats, Afterpay and Netflix all making headlines over the past year for potentially hurting our chances of securing a home loan, it seems like just about every little indulgence in the ...

Published:  Tue, 19 Nov 2019 23:56:00 GMT



5 Signs an Online Loan Is a Debt Trap

Annie Millerbernd is a staff writer at NerdWallet. Email: amillerbernd@nerdwallet.com. Twitter: @annieanyway. Credit union personal loans are an accessible, low-rate option ...

Published:  Tue, 19 Nov 2019 17:50:00 GMT



3 Times a Personal Loan Makes Sense

That transparency to you is core to our editorial integrity, which isn't influenced by compensation. When you weigh the cost and benefits, personal loans are a smart play in these three scenarios.

Published:  Wed, 13 Nov 2019 08:51:00 GMT



Legal-Bay Announces Personal Injury Loans at All Time High

Legal-Bay believes plaintiffs shouldn't be left waiting for the money they have coming to them, and is expanding their personal injury loan department in order to accommodate litigants who would ...

Published:  Wed, 13 Nov 2019 16:17:00 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