- Get personalized pre-qualified rates from multiple lenders.
- 2 Minute Process
- Loans from $600 - $200,000
- Rates from 6.94% - 35.99% APR
- Loan terms of 1 - 7 years.
- Rated A+ by the BBB
CompareFirst Backed Personal Loans Review
Category
Loan Matching Service
Loan Details
|
Unsecured Personal Loans |
✔ |
|
Minimum Loan Amount |
$1,000 |
|
Maximum Loan Amount |
$50,000 |
|
Minimum Loan Period |
12 months |
|
Maximum Loan Period |
60 Months |
|
Loan Rates |
CompareFirst offers an array of APRs depending on the lender selected. APRs usually range between 2.99% and 35.99%. |
|
Direct Deposit |
✔ |
CompareFirst does not originate loans.
It is a free loan matching service that helps consumers quickly get prequalified with one or more lenders in its network.
The company gives consumers access to lenders which offer unsecured personal loans of up to $50,000 with APRs that range from 2.99% to 35.99%.
There are no restrictions on how personal loans are used.
Personal loan rates and terms are subject on how individual lenders determine a borrower’s creditworthiness.
Application
|
Online Application Time |
A few minutes |
|
Response Time |
A few minutes |
Information collected at CompareFirst is used for loan prequalification.
This is submitted to the company’s network of lenders and used for its loan matching process.
CompareFirst proprietary matching algorithm searches for the best possible lenders based on the information submitted.
Once a match is found, borrowers are provided with a list of offers from several lenders.
Based on the different offers, the borrower then proceeds with the loan application with their preferred lender.
Qualifications
CompareFirst uses its proprietary algorithm to match borrowers with lenders using the information submitted.
Unlike direct personal loan applications, CompareFirst does not set limits on a borrower’s creditworthiness.
This means borrowers with less than ideal credit profiles have an equal chance of finding a lender willing to work with them.
CompareFirst Personal Loans Summary
CompareFirst offers a simplified process to get pre-qualified and get a quote with fast approval times and high acceptance rate.
It provides a convenient platform that seamlessly connects personal loan borrowers to its network of lenders and offers borrowers regardless of creditworthiness the opportunity to qualify for a personal loan.
For more info, check out our review of the 10 Best Personal Loans of 2019.
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- Get personalized pre-qualified rates from multiple lenders.
- 2 Minute Process
- Loans from $600 - $200,000
- Rates from 6.94% - 35.99% APR
- Loan terms of 1 - 7 years.
- Rated A+ by the BBB