Frequently Asked Questions

What kinds of loans do you offer?

Unsecured term loans.

Does using Funding Hub impact my credit score?

Submitting your information for a pre-approval does not impact your credit score.

How long does it take to get my loan funded?

We have a network of private investors, banks, direct lenders, credit unions that can fund your loan as soon as 24 hours.

How much can I apply for?

You can apply for a loan up to $150,000.

What does pre-qualified mean?

Means yours information has been reviewed by our lending partners, and we have conditional approvals for you with certain terms that need to be satisfied before funding.

What certain terms need to be satisfied before funding?

We need to verify your income before funding.

Is there a prepayment penalty?

Typically, our lending partners and funders allow you to prepay your loan without a penalty. Although, please see the details of each loan from each lender.

How long are the repayment terms?

Loans range from 24 months to 72 months.

Is Funding Hub a direct lender?

No

Who gets personal loans?

Almost anyone. 24 million Americans are likely to take out a personal loan in the next 12 months. Rates and loan size are largely determined by your credit history and credit score.

Why would I want a personal loan?

You can use a personal loan for just about anything. The two most common uses are refinancing existing debt at a lower rate and making a purchase when you don’t have the cash currently available.

How is a personal loan different from a credit card?

Personal loans can be a great alternative to credit cards. The rates are frequently much lower if you think you may need the money for more than 30 days. Otherwise, in most cases they can be quite similar—both are unsecured debt where the amount you are approved for depends on your credit and income.

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Find loans from $10,000 - $150,000