Reviews

Honest Loans review: how does it work and is it good?

Are you looking for a loan but don't want to have to leave home for that? Stay tuned to our Honest loans review and learn how this platform can help you take the money you need in conditions that work for you. Read on!

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Honest Loans Review: Get a loan for different purposes in less than 24 hours

Honest Loans logo
Find out how loans with Honest Loans work. Read on! Source: Honest Loans

The Honest Loans review will introduce you to an online marketplace that gathers many types of loans, so you can find the one you need.

Honest Loans logo

How to apply for Honest Loans

Do you want to know how to apply for Honest Loans? Keep reading to find out, and understand the requirements.

In this blog post, you’ll understand how it works, the different borrowing options, and how you can get them. Read on to learn more!

  • APR: The APR will vary according to the lender terms, based on your creditworthiness, loan size, and other things;
  • Loan Purpose: There are loans for many purposes. You can choose between Personal Loans, Cash Advance Loans, Installment Loans, and Emergency Loans;
  • Loan Amounts: From $100 to $50,000;
  • Credit Needed: No credit check at Honest Loans (but the lenders might consider it);
  • Origination Fee: It varies according to the lender and State;
  • Late Fee: It varies according to the lender and State;
  • Early Payoff Penalty: It varies according to the lender and State.

What is the Honest Loans?

Honest Loans is a website that provides borrowers with a marketplace of loan options to compare and choose from.

However, they are not lenders but instead match borrowers with lenders in their network.

In Honest Loans, you can find a loan for many purposes, such as home repair, emergencies, and more.

They offer the following types of loans:

  • Personal Loans;
  • Cash Advance Loans;
  • Installment Loans;
  • Emergency Loans.

Depending on your creditworthiness and lender, you can borrow from $100 to $50,000.

The site is free to use, and there are no hidden fees. The loan providers deal with all loan terms and costs.

Is the Honest Loans good?

payroll online payment worker people wage with invoice paper document and blue background - vector
See Honest Loans’ pros and cons. Keep reading! Source: Adobe Stock

To find the answer to that question, we’ve gathered some pros and cons of this loan marketplace.

Look at them and decide if Honest Loans is good for you.

Pros

  • You can find a variety of loan options available to you, such as Personal Loans and Emergency Loans;
  • You can get quick cash, depending on your application;
  • You won’t have to wait in lines or go into a physical store to get a loan;
  • The application is easy and online.

Cons

  • You’ll only know the terms when you pre-qualify for a loan.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website

Does Honest Loans check credit scores?

Honest Loans won’t check your score. However, the lenders might do it to decide the APR and other fees associated with the loan.

Want to get the Honest Loans? We will help you!

Stay tuned to an application guide if you want to know more than the Honest Loan Review.

In the post below, you’ll learn how to apply and the requirements necessary to get a loan through Honest Loans. Read on!

Honest Loans logo

How to apply for Honest Loans

Do you want to know how to apply for Honest Loans? Keep reading to find out, and understand the requirements.

About the author  /  Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

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