We meet again! Now, we left of some very important things, if I’m not mistaken, well, it does not matter much now, because this is a continuation of the last article. If you are here because you are interested in LendingPoint Personal Loan loans, then we recommend you to read the last article, since it has some really important key information.

Now, we will be talking about more benefits about getting a loan with LendingPoint Personal Loan, and, unfortunately, we will also be talking about some downsides in getting a loan with them. This company has amazing qualities that will definitely make you think twice when you finally choose your company. If I got you interested, keep reading this article!

Now that I got you very hooked, then we must jump to the good part, so I can keep you here. There are multiple cons with this company, believe it, but unfortunately I don’t have both the time and motivation to explain all of them, so I will only explain a few that I selected. The first one is one of my personal favorites: fast funding.

With fast funding, you can get your loan the fastest way you can think of, and deal with everything you need to as fast as possible too! So, what exactly is fast funding? When you apply for a loan, it takes a while until you know if you got approved or not, and if you did, in some companies, it will take some time until you can use that money. But with this company, you will be able to use it immediately without any delays.

Another great quality LendingPoint Personal Loan has is that you actually don’t really need to have a credit score to apply for it. Normally, your credit score needs to be at a certain level to work, that also means that, if you had some bad experiences with loans or because the company was bad, or because you were young and inexperienced, either way, it damaged your score. But with LendingPoint Personal Loan, it doesn’t matter, and you can apply for it, and if you pay everything well and on time, you can also improve your score! How amazing is that?

Our last quality will be the option to change payment date. This means that, in some companies, you actually have to accept the payment date they give you, but with LendingPoint Personal Loan, you can choose it yourself, and even change it!

Every good side has a bad side, yin and yang, guns and roses, you get the deal. Well, LendingPoint Personal Loan has one too, and for this company’s cons. Unfortunately, you won’t be able to get large loans, that is important for some business, if you wanted to buy a house, you probably won’t be able to buy a very big one since you won’t have too much to ask.

Another con is that you will be, most times, be charged a late fee. Remember where I said your credit score doesn’t matter? Well, even with a bad one you will be able to apply and even get it, but if you still continue to repay everything late, then you will have to pay a late fee, that means that the company kind of forces you to be better at managing your money, and if you refuse to be, you will have to pay more.

To apply for a loan with LendingPoint Personal Loan, you need to be at least 18, be a US citizen, have a social security number and a personal bank account.

We finished yet another article, how amazing is it? Well, in the next one I will be teaching you how to apply for a loan step by step, so you don’t get lost. So, if you are interested in learning more about how to apply for a loan with LendingPoint Personal Loan, click on the link below!