How do LendYou loans work?

Keep reading to find out: How it works, APR range, loan amounts, and much more.

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The company offers customers highly attractive loan limits and even if
you don’t have good credit, it is possible to apply for loans.Therefore, you can apply for payday loans, installment loans, and
personal loans. See below for more information.

How do LendYou loans work?

It works like a loan connecting service that connects consumers with independent third-party lenders. In this way, LendYou does not offer loans directly, it only informs consumers about the best lenders that offer the ideal options for each need.By registering at LendYou you will receive important information about
the conditions of each loan, such as fees, loan amounts, etc.

How much can I borrow with LendYou?

It is possible to borrow between $500 to $35,000.

Does it have fees?

  • Loan amounts: $500 to $35,000.
  • APR range: It depends on the state you live in, your credit score, etc. Loan APR for installment loans can range from 4.99% – 450%.
  • Minimum credit score: Between 580 and 669.
  • Minimum regular income: At least $1,000 per month.

How to qualify for a LendYou loan?

There are many factors to qualify for a LendYou loan, however, there are factors that are crucial that can determine whether you will get the loan or not. Check out below what they are:

  • You must be +18 years old;
  • Savings account with direct deposit or valid checking;
  • Not be a regular or reserve member of the Navy, Army, Marine Corps, etc.
  • Minimum regular income of at least $1,000 per month.

How to apply for it?

LendYou offers a fast application process, in this way, it guarantees that you connect with your potential lending partners as soon as possible.

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The application takes a couple of minutes, and it is necessary to inform the following information:

Personal information: name, birth date, address, email, phone number, Social Security details

Employment and income information: Your employers’ name, phone number, Social Security details, income details, and bank account-related specifics.

How long does it take to be approved by LendYou?

It takes around 1 to 3 business days.

Frequently asked question:

Is approval guaranteed?

No, there is not any guarantee that you will be approved by one of our participating lenders.

Is LendYou company legit?

Yes, it is. The company holds an A-rating from the Bureau of Better Business, which makes it a reliable company.

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