Direct Personal Loan Lenders & Lending Platforms In Alabama

Upgrade
Alabama Personal Loans

Upgrade is an online lending platform that has partnered with banks, direct lenders, and other financial institutions to originate loans. All loans in Alabama obtained through Upgrade are issued by its lending partners.

Company Name:- Upgrade

Loan Type:- Personal Loans

State:- Alabama

Serviced As:- Online Lending Platform

Minimum Amount:- $1,000

Maximum Amount:- $50,000

Loan Term:- 24 to 84* months

Origination Fee :- 2.9% to 8%* (Deducted from the loan proceeds)

Credit Score :- 620 or above

Funding Time:- 1 to 2 business days*

APR range:- 5.94%-35.97%* (APR) depends on credit score, credit usage history, loan term, and other factors.

Fees:- No prepayment fees, late payment fees may apply

Requirements:- 19+ in Alabama, regular income source, verifiable bank account, valid email address, U.S. citizen or permanent resident

 

Upstart
Licensed Personal loan lenders in Alabama

Upstart is a direct-to-consumer lending platform, provides access to personal loans in Alabama. Upstart-powered and partnered direct lenders and financial institutions make all loans in Alabama.

Company Name:- Upstart

Loan Type:- Personal Loans Online

State:- Alabama

Serviced As:- Lending Platform

Minimum Amount:- $1,000

Maximum Amount:- $50,000

Loan Term:- 3 & 5 year terms*

Origination Fee :- 0% – 8%* (Deducted from the loan proceeds)

Credit Score :- 580 or above

Funding Time:- 2 to 3 business days*

APR range:- 6.76% – 35.99%* (APR) varies on credit score, credit history, loan duration, and creditworthiness.

Fees:- No prepayment fee or penalties, late payment fee, and ACH return fee may apply

Requirements:- 19 years old, verifiable name, date of birth and SSN, regular & steady income source, verifiable banking account with routing number, valid email account, U.S. citizen, or a permanent resident currently living in the U.S.

 

SoFi
Peer to Peer Personal Loan lenders in Alabama

Social Finance(SoFi) is a state-licensed direct lender that provides access to personal loans in Alabama, licensed by the State of Alabama Banking Department.

Company Name:- SoFi

Loan Type:- Long-Term Personal Loans

State:- Alabama

Serviced As:- State Licensed Lender

Minimum Amount:- $5,000

Maximum Amount:- $100,000

Loan Term:- 2 to 7 years term*

Origination Fee :- No Origination Fee

Credit Score :- 640 or above

Funding Time:- Up to 3 business days*

APR range:- 4.99% up to 19.63% Fixed Rates (with AutoPay) (APR) varies on loan duration and loan amount

Fees:- No prepayment fees, No origination fees, No late Fees*

Requirements:- 19 years of age or older, must be a US citizen or permanent resident, responsible financial history, stable verifiable monthly income, active phone number, and valid email address

 

Lending Point
Direct Lenders Personal Loan in Alabama

Lending Point is licensed by the State of Alabama Banking Department and is a direct licensed personal loan lender in Alabama.

Company Name:- Lending Point

Loan Type:- Unsecured Personal Loans

State:- Alabama

Serviced As:- Direct Personal Loan Lender

Minimum Amount:- $2,000

Maximum Amount:- $36,500

Loan Term:- 24 to 60 months

Origination Fee :- 0 -6 %* (Included in your total loan amount)

Credit Score :- 600 or above

Funding Time:- 2 to 4 business days*

APR range:- 9.99% to 35.99%* (APR) depends on credit history, income, and other factors

Fees:- No prepayment fees

Requirements:- 19+ in Alabama, government issued photo ID, social security number, stable monthly income, verifiable personal bank account

 

OneMain Financial
Alabama Direct Personal loan lender

OneMain Financial provides access to personal loans and is a trusted direct lender, licensed by the State of Alabama Banking Department.

Company Name:- OneMain Financial

Loan Type:- Secured & Unsecured Personal Loans

State:- Alabama

Serviced As:- Personal Loans Direct Lender

Minimum Amount:- $2,100

Maximum Amount:- $20,000*

Loan Term:- 24, 36, 48 or 60 Months

Origination Fee :- 1 – 10%* (flat fee or a percentage of your loan amount, ranging from 1% to 10% subject to state limits)

Credit Score :- 640 or above

Funding Time:- Up to 2 business days*

APR range:- 18.00% – 35.99%* (APR) depends on credit usage history, income, and other factors

Fees:- No prepayment fees
Late payment fee and NSF fee may apply depending on the state and will be disclosed in the loan agreement

Requirements:- 19 yrs, government-issued ID, social security number, proof of residence, proof of income, active checking account

 

Avant
Alabama Personal Loans Online

Avant is a lending platform, licensed by the State Banking Department Bureau of Loans in Alabama. All Avant branded credit products are issued by WebBank, a Utah-chartered industrial bank, member of FDIC.

Avant or one of Avant’s trusted partners will service the loans that are approved and funded by WebBank.

Company Name:- Avant

Loan Type:- Unsecured & Secured Personal Loans Online

State:- Alabama

Serviced As:- Lending Platform

Minimum Amount:- $2,000

Maximum Amount:- $35000

Loan Term:- 24 Months – 60 months

Administration Fee:- Up to 4.75% (Deducted from the loan proceeds)

Credit Score :- 580 or above

Funding Time:- As soon as next business day*

APR range:- 9.95%-35.99%* (APR) varies on credit history, income source, and other debt obligations

Fees:- Late Fees and Dishonored Payment Fees may apply and varies by the state laws

Requirements:- 19 yrs of age,valid government-issued ID, residence proof, proof of income source, active banking account

 


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