Our In-Depth LoansUnder36 Reviews

Who Can Benefit from LoansUnder36?

If you don’t have a perfect credit score and currently need some immediate financial assistance, then you’re the perfect description of someone who could make use of LoansUnder36. Most lending companies don’t accept applications unless you have an ideal credit score. But according to many experts and LoansUnder36 reviews on the company site, having a less than perfect credit score will not necessarily prevent you from receiving a loan.

However, all loans are subject to credit approval. That said, the lender may run a credit check from a credit bureau or two. Of course, that may affect your credit score down the line, especially if bureaus perform multiple credit checks on you.  

But if you’re looking to rebuild your credit, then this is your opportunity to do so. While failing to pay on time, missing a payment, or accumulating your payments may negatively impact your credit, doing the reverse can improve it. 

Once you contact LoansUnder36 and get your application approved, you can make your payments on time, so the whole process may enhance your credit score.

Loans Under 36 is for people who need immediate financial assistance, whether they have good credit or not. Whether you ran short of budget for your home improvement project, your car broke down, your medical bills are getting the better of you, or for whatever other reason, this one’s for you.

Read our full expert’s review to learn more.

LoansUnder36 Review: the Groundwork

LoansUnder36 is an online marketplace that connects lenders with borrowers who need some emergency funds. It specializes in a specific type of service—personal loans. This type of loan can be used for various reasons, such as home improvement, car repair, medical expenses, debt consolidation, etc. Borrowing some words from Funding Hero reviews of LoansUnder36: ”You can also use it for a wedding, vacation, or any other personal reasons.”

While there’s not much information about its founding on the website, we learned that it’s been copyrighted since 2015. Since then, it has connected to over 100 lenders across the United States except in a few states. According to other LoansUnder36 reviews, they don’t cover New York, Vermont, West Virginia, or Alaska. But if you’re in any of these states, you can always check online with its quick and easy form if you qualify for their services.

One thing that you need to remember about the company is that it’s not a direct lending company. Owned and operated by Sincerely, LLC, the website is only a platform for submitting your loan request form. The company will then transmit your information to third-party lenders and other providers they call network partners. LoansUnder36 review systems for loan applications rely on these network partners.

When one of the network partners, usually the highest bidder, accepts your loan request, you will then be redirected to their website, where the loan process will begin. They may offer you a loan or other products that may catch your interest. 

However, a further review revealed that they might also share your information with third-party marketers and service providers. So you can expect to be bombarded by offers of other products and services through emails or text messages.

The company has been in operation for a few years now, but it never charges any fees whatsoever. So, if you’re asking if LoansUnder36 is safe, the answer is yes. After all, you can always read its generated Privacy Policy that states what information they collect, how they collect it, where they will use it, how they share it, how they protect it, and more details that you will find helpful to verify the safety of your data.

LoansUnder36 Application Process

Based on our in-depth review, the loan application is pretty simple and straightforward and should only take a few minutes of your time. Here’s a step-by-step guide on applying for a loan with LoansUnder36.

1. Go to loansunder36.com.
2. You will see a question asking how much you need and a box below it. Enter the amount you want to borrow, from $500 up to $35,000.
3. Once you’ve entered the amount, the next page will ask you to choose how long you will need to pay it back. Click your preferred loan term repayment anywhere from 1 to 3 months or up to 3 to 6 years.
4. You will then have to answer some more LoansUnder36 requirements, i.e. questions about your personal information, such as your zip code, complete address, full name, email address, contact numbers, and birthday on the next pages.
5. The next pages will have credit-related questions that you will have to answer with “yes” or “no,” such as: “Do you have $10,000 or more in credit card debt?”

Note: As we continued with our LoansUnder36 reviews of the application process, we’ve discovered more questions. Please read on.

1. Answer whether you’re a member of the military or not.
2. Say if you own your home or not.
3. Declare your source of income and employment details.
4. Declare the details of your bank account to use.
5. Last but not least, you can now click the submit and continue buttons.

You only have to wait for a few minutes before you receive a notification that will tell you to go to the lender’s website that accepted your loan request.

To pass the LoansUnder36 reviews on eligibility, you have to:

• Have a bank account.
• Be above 18 years old.
• Be a US citizen.
• Have a stable source of income.

Key Features

At this point, we’ve now established that LoansUnder36 is one of the country’s leading providers of fast cash loans, more popularly known as personal loans. To help you better understand how it works, our critical review of LoansUnder36 will inform you about some of its key features so you can arrive at an informed decision.

But first, let’s define what a personal loan is. The simplest definition is that it’s a loan that provides borrowers with any amount that he or she can use for any personal purposes, such as a wedding, vacation, car repair, or even debt consolidation. 

There are two types of personal loans; secured, which is backed by an asset, like a car or a house, and unsecured, which doesn’t require any collateral. 

Our Loans Under 36 review doesn’t include information on which type the company prefers, but our expert understanding tells us that they do unsecured loans since they are the most common type of personal loans. However, it pays to check it with their lender first before proceeding with your application.

Loan Rates and Fees

Loans Under 36 makes it clear that only the lender or a lending partner can determine the rates and fees for your loan. You will know what those are once you get connected to one of their network partners who decided to accept your loan request. 

LoansUnder36 application only begins on the platform. But everything else is done with the lender. They further advise that you will be under no obligation to accept the terms if you’re not satisfied with them. 

Repayment Terms

Generally speaking, all personal loans’ repayment terms are once or twice a month, depending on your agreement with the lender. You may see the same information from the reviews on other online loan matching platforms. You can have recurring payments set up from your bank account so that the lender can automatically withdraw the agreed amount at the agreed time.

Common Personal Loan Terms

Personal loan terms vary depending on your state of residence, your lender’s specific terms and conditions, and your specific situation. The only term specific to this company is that it doesn’t charge any fees. But our reviews for LoansUnder36 discovered some common loan terms:

• Loan amount: $500–$35,000
• Lending period: 60 days–72 months
• Payment frequency: Once or twice a month
• APR: Varies based on your credit score, repayment history, and other factors 
• Prepayment penalty: Varies by the lender

Privacy Policy

LoansUnder36 values your privacy above all. It has a comprehensive Privacy Policy on its website, and they highly recommend reading it before entering into a loan agreement and during the loan term, as they may change some of its content from time to time. Is LoansUnder36 good to trust? Our in-depth review shows that all of the information on its site is protected and secured. 

Customer Support

If you wish to contact their customer support department, you can do so via phone at (855) 337-7709 or e-mail at [email protected]. They also have a physical office located on DV Marketing Inc. 759 Bloomfield Ave. #244 West Caldwell, NJ 07006. 

For the sake of our review of LoansUnder36, we tried calling them on the number specified above. We’re glad that the customer support agent we spoke with was pleasant enough to entertain our queries. We also tried sending them an email, and it took a day to receive a response. So if you need immediate assistance, it’s best to give them a call.

Author’s Note

While you may find tons of other LoansUnder36 reviews, we made sure that ours is extensive so that we can help you arrive at an informed decision. We even went above and beyond by personally contacting their customer support department so that we can obtain answers to specific questions we have about them. 

That said, we can confidently conclude that the company is one of the best match-making platforms for lenders and borrowers of personal loans. The whole process is quick, from submitting your application to the approval, and more importantly, for receiving your borrowed amount from your bank.

LoansUnder36  reviews and automatically sends your information to their partner lenders. Your information is safe with them, and they will not use it without your consent. The bottom line; it’s an excellent platform to get you connected to lenders that can help you have immediate funds when you need them. The bonus? You can apply even with a less than perfect credit score.