Personal Loan Review

Borrow $5,00 - $50,000 and get funded a fast as 1-2 business days Personal Loans

At a Glance:

  • Loans between $5,000 and $50,000
  • Best for fast funding
  • Fast and streamlined application process
  • Offers financial education and tools including a robust mobile app
  • Discounts given when auto payments are set up

What is is a relatively new financial institution that has been making waves in the three years they have been around. The company clearly outlines their values on their website and highlights how important they believe transparency and efficiency is. They share their mission statement online which is as follows:

“To transform financial services through blockchain, bringing speed, efficiency and savings to both consumers and institutions.” Rates and Fees



Loan term:

3 or 5 years

Loan amounts:


Hidden fees:

Origination fees

Minimum credit score required


Extra perks:

Financial education, mobile app

Fund availability

Typically within one to two business days

What type of personal loans does offer?’s website does not include a lot of information about the specific ways you can use funds you receive with their personal loan service but you will be able to use your personal loan with for, at minimum, debt consolidation and emergency expenses. Like with most personal loans, you can only use your funds for legal purposes and you cannot use them as student loans as student loans are a specific situation with their own set of rules and regulations. Pros and Cons


  • Discounts for auto payments
  • Refinancing options available
  • Fully online experience


  • Limited repayment term lengths to choose from
  • No secured, joint, or co-borrower loan options
  • High origination fees
  • No flexibility on payment date

Who should use offers ideal loans for anyone who has a credit score of at least 680 and wants to receive their funds quickly. doesn’t offer secured, co-signed, or joint loans so it is only a suitable option for anyone who does not want those features. It is also a great fit for those who prefer a fully online experience.

What are some of the benefits of using

You can receive a discount if you set up autopayments.

Although a discount for setting up autopayments is a great way to incentivize borrowers to make payments on time, not all lenders will offer this. allows you to refinance previously existing loans. can automatically distribute the funds from your loan to multiple lenders, paying off your debts and making the debt consolidation process easier.

You can prequalify for a loan with only a soft credit check.

When you apply for your personal loan,, like other lenders, will perform a credit check on you to establish your creditworthiness. They do a light credit check on you before you accept an offer, which has no impact on your credit history. A hard inquiry will almost certainly be conducted if you accept an offer, but this will only lower your credit score by a few points, and managing your finances wisely and avoiding subsequent inquiries will help you recover fast. offers a seamless fully online experience.

From the start of your application process to the day you submit your final loan payment you will get to experience the benefits of’s seamless online process. With features such as linking your bank account,’s process allows you to minimize the time you spend inputting information and focus on what really matters.

What are some of the downsides to using

There are no co-signed, joint, or secured loan options.

Secured loans are ones that need you to put up some kind of collateral like a house or a car. If you take out a secured loan, the lender will be able to confiscate your assets if you don't pay. Secured loans may be a less tempting option, but they often feature lower interest rates and a broader variety of applications in return for a larger risk to you. Co-signed or joint loans can help people with bad credit get a better deal if they apply with someone who has a stronger credit history, however does not provide this service.

The origination fees are quite high.

Origination fees are frequently charged by online lenders, though the exact amount varies. The origination fee charged by is based on the credit history and trustworthiness of each individual borrower and can be as high as 6%. Borrowers with a higher credit score have a better chance of getting a reduced origination charge, thus the 6% is a maximum figure and you might get a lower one.

You can only choose between a three-year or a five-year repayment term.

A lender that only offers two repayment terms isn’t unheard of, but the lack of flexibility may make personal loans a poor fit for your needs. The ability to pick a shorter loan term length can lead to significant savings as you will be ultimately paying much less is interest over time.

Your payment date is assigned and cannot be adjusted.

While many online lenders allow you to either select your payment date up front or adjust the payment date at least once during your loan term, does not. Most online lenders offer one or the other so you’ll likely be able to find another loan service that gives you at least some flexibility with your payment date.

Do I need a credit check to take out a loan with will run a hard credit check when you are ready to accept an offer, but this will not happen until you are committed to taking out a loan with them. During the prequalification process, they will do a soft credit check that will have no impact on your credit score.

Does cost any money?

Although using's services is absolutely free, you may be charged a number of fees during the course of your loan, based on your specific set of circumstances. The majority of borrowers who take out a personal loan through will pay an origination fee, which is a minor percentage of the overall loan amount that is paid up front and taken from the funds that the lender distributes to you. You might also be charged a late fee, however this will only apply if you are late with your payments.

Where does operate? personal loans are available to most residents of the United States - the only state they do not operate in is Mississippi.

How is’s customer service and support? offers seven day customer support via phone, online chat, or email. Active borrowers can reach out by sending an email to or call 888-527-1950. The hours may vary especially on holidays but typically you can reach someone by phone during the following hours:

  • Monday through Friday: 9:00 AM - 9:00 PM EST

How to qualify for a Personal Loan through

Although the exact requirements that you will need to qualify for a personal loan through has not been disclosed and varies depending on several factors, most successful applications will have at minimum:

  • Minimum credit score of 680
  • Maximum debt-to-income ratio of 60%
  • Minimum monthly cash flow of at least $1,000
  • Valid government issued identification
  • Must be at least 18 years old
  • Proof of employment

How to Apply for a Personal Loan

Figure highlights its simplified loan application procedure, which lets applicants prove income by linking their checking, payroll, asset, or tax preparation accounts. According to their website, this connection takes place within the application, speeding up the underwriting and approval processes. Figure's website has instructional films that walk candidates through the application procedure so you will be able to find answers to the majority of questions that may arise during the application process.

Is Legit and Trustworthy? is a legitimate lender that utilizes all standard methods of encrypting user data and keeping information they receive secure. As they handle your financial information and more, works hard to keep your vital information safe and protect you from hacks or data leaks.


If you are looking for a personal loan that can be managed entirely online, will offer a customer experience that is tailored to you. For the best chance of being approved you should have a decent credit score and a demonstrated history of on-time payments and responsible financial decisions. The lack of flexibility with your repayment schedule and high origination fees may be a deterrent for some, but the fact that you can receive a discount for setting up auto payments may cancel out those negatives in certain situations. In any case, the ability to see what loans you may qualify for without receiving a hard credit inquiry means that anyone can consider without any adverse effects. personal loans are likely best suited to those who are looking to consolidate a previously existing loan. Loan Review

Borrow $2,500 - $35,000

APR ranges from 5.99-24.99%

Funding as fast as 1 business day

Loan term: 3-7 years

Offers financial education

Minimum credit score: 720

Compare Your Personal Loan Options

How Pasha Funding Works

How it Works
Apply in minutes

Get pre-qualified in less than 2 minutes and compare offers from top lenders with no impact on your credit score.

Choose your offer

Compare and choose an offer that works best for you based on your timeline and budget needs.

Get funded

After your loan is approved with the lender of your choice, receive your funds as fast as 1-2 business days.

Personal Loans for Every Occasion

"A seamless experience from start to finish, and not to mention FAST! I got funded in just 3 days for an unexpected family expense and was able to obtain a great rate"

Marc Amado

"They are a team of top-notch professionals and were very responsive to a few questions I had on my loan application. I’d definitely work with them again. Thank you for making the process so easy and painless!"

Allison Brenner

Compare Personal Loans in Minutes

Apply online and find your best rate without affecting your credit score.