Personal Loans » Personal Loan Lender Reviews » Loansunder36 Personal Loan: 2023 Review
Advertiser Disclosure This website is an independent, advertising-supported comparison service. The product offers that appear on this site are from companies from which this website receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This website does not include all card companies or all card offers available in the marketplace. This website may use other proprietary factors to impact card offer listings on the website such as consumer selection or the likelihood of the applicant’s credit approval. This allows us to maintain a full-time, editorial staff and work with finance experts you know and trust. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impacts any of the editorial content on The Smart Investor. While we work hard to provide accurate and up to date information that we think you will find relevant, The Smart Investor does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. Learn more about how we review products and read our advertiser disclosure for how we make money. All products are presented without warranty.

Loansunder36 Personal Loan: 2024 Review

While the interest rates might be high, the fact that you can even get a loan can be a relief if you are in substantial debt.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: September 20, 2023
The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.
Author: Lorraine Smithills
Lorraine Smithills

Writer, Contributor

Experience

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Interest Rates Last Update: November 1, 2023

The banking product interest rates, including savings, CDs, and money market, are accurate as of this date.

We earn a commission from our partner links on this page. It doesn't affect the integrity of our unbiased, independent editorial staff. Transparency is a core value for us, read our advertiser disclosure and how we make money.

Loansunder36 has a lot to offer especially if you don’t have great credit. While the interest rates might be high, the fact that you can even get a loan can be a relief if you are in substantial debt.

APR

5.99% - 35.99%

Loan Amount

$500 – $35,000

Term

2-72 months

Min score

Varies based on lender

Loansunder36 has a lot to offer especially if you don’t have great credit. While the interest rates might be high, the fact that you can even get a loan can be a relief if you are in substantial debt.

loandsunder36

APR

5.99% - 35.99%

Loan Amount

$500 – $35,000

Term

2-72 months

Min score

Varies based on lender

As a personal loan marketplace, Loansunder36 has a variety of options from regular personal loans to even loans specializing in debt consolidation if that is your primary goal. Like most marketplaces, Loansunder36 will put you through a process to pre-qualify you. 

With this online loans marketplace, you are told up front that the maximum interest rate you will be offered is 35.99% (thus the company name Loans Under 36%). While that might seem high, chances are you will qualify for lower rates if you have decent credit. The application process is fairly straight forward and you can be connected with lenders in a matter of minutes. 

You will be able to easily compare different loans and rate options after you complete the application process, so you can easily see which the best choice will be depending on your need and your credit history.

  • Guaranteed Rate Under 36%
  • All Credit Types Accepted
  • Get Money Quickly
  • Great Customer Service
  • Small Website
  • Lenders might have Fees
  • 72 month maximum payment plan

In this Review..

What is Loansunder36?

Understand that Loansunder36 will not be your lender, and they will just connect you with the lender you will use. Since they have so many lending partners, it will not be an issue to find a personal loan for your needs

As with all loans, the better your credit the better your interest rate will be. Don’t be discouraged if you have bad credit, as Loansunder36 will work to find you the best possible rate.

Loansunder36 Pros & Cons

Take a look at the different pros and cons to using Loansunder36 to find a loan. 

Loansunder36 clearly promotes rates under 36%. While that is a steep interest rates, the rates do get lower if you have better credit.

If you stumbled into dire financial straits, it’s ok. This marketplace is here to help you, not chastise you for having poor credit. You can get a loan through this marketplace to help you work your way out of debt.

Loansunder36 promises you access to money as soon as the next business day. If you are in a pinch and need money quickly, this is the marketplace you want to use. Most competitor marketplaces cannot get you money that quickly.

Loansunder36’s customer service team is top-notch. They understand financial discussions and decisions can be difficult and stressful, and they take their time with each customer making sure he has all the information needed to make an informed decision about a personal loan.

Some marketplace websites have a lot of information to help you understand debt relief and provide some financial education. This marketplace doesn’t really do that, keeping the website focused just on your loan and its application. This is ok if you don’t need the financial literature, but some people could probably benefit to having more information available to them.

While Loansunder36 does not charge fees to use them, you might find that some of the lenders do. This is fairly normal, but you want to make sure you read the fine print on any loan you sign up for so you have a good understanding of what you are paying for.

How long do you need to pay back your loan? If it’s more than 6 years, you will need to find a loan a different way than through Loansunder36. For most people, 6 years is enough time, but if you are taking out a large loan and need longer, you’ll need to shop elsewhere than through this marketplace.

Should I use Loansunder36?

Loansunder36 connects you with different lenders, interest rates, and terms. The nice thing about this company is they will help you find a loan even if you don’t have great credit.

Interest rates, fees, and payment plans will vary depending on the lender you select, but it will be easy to compare plans and find out what is best for you. Keep in mind the interest rate may be high, and therefore you should carefully consider if you can afford it.

They are indeed a viable marketplace to consider when you are shopping for the best personal loans, no matter the reason you need the loan. 

How to Get Rates on Loansunder36 Website?

Start out by putting in the dollar amount for the loan you are requesting. 

LoansUnder36

Next, tell Loansunder36 how long you need to pay the loan back. 

LoansUnder36

Now you will start sharing personal information, starting with your location. They will take you through step by step with what they need from you. 

LoansUnder36

When you get to the end of the questionnaire to the end, you will see the loans and companies that matched with you based on your credit history. You will likely have a bunch of different rates and terms to compare and decide upon.  

Alternative Personal Loans Online Marketplaces

credible logo

bankrate logo

personalloan.com logo

APR Range The annual percentage rate (APR) is the total annual cost of borrowing money. This rate includes the interest rate as well as any additional finance charges. When you take out a personal loan, for example, you may be required to pay loan origination fees.
6.99% – 35.99%
4.99% – %35.99
5.99% – 35.99%
Term The term of your loan is the amount of time you have to repay it. For example, if you get a 24 months personal loan, the loan term is 24 months.
12-84 months
6-84 months
3-72 months
Loan Amount
$600 – $200,000
$1,000 – $100,000
$1,000 – $35,000

Review Personal Loan Top Lenders

Picture of Lorraine Smithills

Lorraine Smithills

Lorraine is a freelance finance writer with years of experience in the banking sector and after a successful career in one of the largest retail and commercial financial services providers. She has a passion for helping people with less financial confidence to get control of their money through budgeting, saving, and responsible credit practices.
Search
Compare Personal Loans

Table of Contents

Loan Reviews Methodology

When it comes to choosing personal, student or car loans, we make sure that we evaluate all of the different products and services that are available for the lender we review. 

The Smart Investor’s selection of loan providers for inclusion here was made based on key areas we evaluated: loan types and loan products offered, fees, and APR. We also considering customer satisfaction and reliable external ratings such as J.D power/Trustpilot.

Cutting fees is now table stakes in the personal and student loans market. In addition, the most valuable loan products tend to offer a deep bench of options that meet a wide array of customer needs. These include a diverse range of loan amounts and terms, as well as loan structures. We also make sure that you’re going to save money by cutting down on the APR that goes along with the loans offered.