Personal Loans
Flexible, Fast, and Unsecured Funding for Nearly Any Purpose
Access the cash you need
Personal Loans
Whether you need funds for consolidation, home improvement, emergencies, or major purchases, Personal Loans offer flexible, fast, and affordable options with no collateral required. Apply today to review your best offers.
How It Works
- Pre-qualify to check rates without impacting your credit
- Choose your loan amount and term
- Upload documents for identity, income, and bank verification
- Get approved, often within minutes
- Receive funds same day or next day
- Repay in fixed monthly installments over 6–84 months
Flexible Interest Rates
0.01% – 35.99%
Easy Terms
6 – 84 months
Varying Loan Amounts
$3,500 – $500,000
Learn how
Personal Loans work!
Introducing Personal Loan Stacking Programs:
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- Loan/Line amount: $3,500 – $500,000
- Loan terms: 6 – 84 months
- Interest rates: 0.01% – 35.99%
- Collateral: None (unsecured)
- Credit score: Minimum 510 – 850
Faster Funding’s
Personal Loan Programs
Flexible Funding for Any Personal Need
Personal Loans offer individuals fast, flexible financing that can be used for nearly any purpose—including debt consolidation, home improvement, medical expenses, emergencies, travel, large purchases, or personal projects.
With loan amounts ranging from $3,500 to $500,000, personal loans provide predictable fixed payments, competitive interest rates, and no collateral requirements—making them ideal for borrowers seeking quick access to funds without risking their assets.
Benefits of Personal Loan Stacking
Personal loans offer a flexible and straightforward way to access funds for a wide range of needs, from consolidating debt to covering unexpected expenses or supporting business-related costs. With fixed payment schedules, predictable interest rates, and fast approval times, personal loans provide clarity and convenience. They typically do not require collateral, making them an accessible option for borrowers seeking reliable funding with manageable repayment terms.
- Fast approvals, with some lenders offering same-day funding
- Use funds for any purpose
- Unsecured—no collateral required
- Ideal for debt consolidation, lowering monthly payments
- Predictable, fixed monthly payments
- Available to borrowers across all 50 states
- Options available for borrowers with fair, good, or excellent credit
Personal Loan Requirements
Because personal loans vary across lenders, requirements also vary. Below is a consolidated list of typical qualification criteria across major personal loan programs:
General Eligibility Requirements
Borrowers typically must:
- Be at least 18 years old (19+ in some states)
- Be a U.S. citizen, permanent resident, or valid visa holder
- Have a verifiable name, DOB, and Social Security Number
- Provide a U.S. address (no P.O. boxes for most lenders)
- Have a personal bank account with a valid routing number
- Maintain a valid email address
- Have a verifiable source of income
- Not live in U.S. territories (for many lenders)
Credit & Financial Requirements
Some lenders require:
- A credit score between 510 and 850
- Several years of credit history (ideally 4+ years)
- A strong record of on-time payments
- A low debt-to-income (DTI) ratio
- Open, satisfactory trade lines (auto loans, mortgages, etc.)
- Savings, retirement, or investment accounts may help strengthen approval
Documentation Requirements
Lenders may request:
- Proof of income (W-2, pay stub, tax returns)
- Proof of address
- Employment verification
- Current debts and liabilities
- SSN or ITIN
- Contact info & prior addresses
Lender-Specific Requirements (Examples)
- Reach Financial: Only offers debt-consolidation loans; funds go directly to creditors, not the borrower.
- Credit Unions: Must become a member to finalize the loan.
- SoFi: Must be employed, have income, or have an employment offer starting within 90 days.
- Some lenders require:
- Minimum age 21–80 depending on state
- Bank account with routing number
- Stable household income
- UK loans (not U.S. based): Must be 18+, under pension age, with less than £16,000 in savings (only included in your list for reference; not applicable in the U.S.).
Learn about:
How We Work. Our Mission & Values
At Faster Funding, we’re committed to helping businesses of all sizes succeed. Our Personal Loan programs are just one of the many ways we’re working to make that happen.
To learn more about our Personal Loans or to apply for other types of funding, please contact us. Our team of experts is standing by to help you find the perfect lending solution for your business.
Faster Funding is Here to Help
Frequently Asked Questions
We understand you are probably wondering how this all works. Here are some key topics to help you make informed decisions to unlock your business’s growth opportunities.
What can I use a personal loan for?
Anything. Debt consolidation, home repairs, emergencies, car repairs, weddings, vacations, or personal expenses.
Do personal loans require collateral?
No. All loans listed here are unsecured.
How fast can I get the money?
Many lenders offer same-day funding once approved.
Do I need excellent credit?
No. Credit scores starting around 510 may qualify, though better credit receives better rates.
Get Started
Contact us to learn more about our personal loan programs. Our team of experts is standing by to help you find the perfect financial solutions for your business.
