Investment Apps and Websites Review: Your Guide To A Seamless Online Loan Transaction

The best personal loan is the one that offers financial certainty by having fixed rates, repayment timetable, as well as fixed monthly payments. With this review, we are going to share with you important information on how this online loan marketplace helps you find the best personal loan option possible. review

In an article published by The Washington Post online, it says that as of the end of 2019, there are more than 20 million Americans who have taken out personal loans. Based on the said report, according to Equifax, personal loans in the United States are up to more than 10% of how it was a year before.

Apparently, experts were surprised by the increase in the number of Americans taking on so much personal loan debt in spite of the fact that at that time, the country’s “economy looks healthy and paychecks are growing for many workers”.

In the same article, it says that according to Experian, the average personal loan balance is $16,259, which is almost similar to that of credit card debt.


While there are a lot of factors to consider, one of the things that experts see as a major reason for the surge is the increasing number of financial technology or FinTech companies out there. FinTech companies operate mostly, if not entirely online, which makes loan transactions easier and more convenient.

Another factor for the rise of personal loans is the fact that this type of loan is unsecured, and can be used for almost any purpose.

Based on the current personal loan trend, experts believe that the number of personal loans will continue to increase this year and the years to come. Well, if we may say, given also the current situation in the country and in the world (in general), most likely, more people will rely on personal loans to get through.

Now, as mentioned, there are a lot of online lending companies out there. But apart from that, there are also a lot of online loan marketplaces that connect borrowers to the right lenders, making things even more convenient for consumers.

One of the online loan marketplaces is For sure, in one way or another, you have already heard of it or perhaps even encountered it online while you were searching for online lenders.

There is so much to learn about when it comes to online loan marketplaces, in this case, though, there is a lot to learn about – particularly, how you can fully take advantage of the services it offers.

With that said, in this review, we are going to provide you answers to some of the most commonly asked questions about this online loan marketplace.

Specifically, we are providing you answers to the following questions:

  • What is
  • How does work?
  • Why use
  • What do borrowers need to know about’s personal loans?
  • Who qualifies for a personal loan at
  • How to apply for a personal loan via
  • What are the pros and cons of using


First and foremost, let’s know more about the company itself —

Launched in 2017 and based in Roosevelt, Utah, is an online lending portal that connects borrowers to the right lending company. Yes, is not a direct lender rather an online loan marketplace that borrowers can take advantage of especially if they want to save time and energy from doing the search themselves. offers consumers with various services, which include peer-to-peer, bank, as well as installment loans.

Similar to other personal loans out there, personal loans offered by the company can be used for anything. Borrowers can use it for major purchases, medical procedures, home improvement, taxes to vacations, as well as debt consolidation, and many more. does have a wide range of participating lenders. This allows them to provide a lender for every type of customer.

Through this online lending portal, borrowers can get personal loans of up to $35,000 over a term of 6 years maximum without having to leave your home or exert too much time searching where to get a loan from. Needless to say, may be able to help you get funding in as soon as one business day.

As we go through this review, you will learn more about how it actually works, and how you, as a borrower, can take full advantage of this online lending platform.


As mentioned, is not a direct lender. It is an online loan marketplace. It acts as a middle-man between the borrower and lenders.

Being an online loan marketplace is actually an advantage since can give borrowers the ability to get loan quotations from different financial institutions or lending companies with just a single application.

Once you have already submitted an application, participating lending companies will then pull your credit report, and depending on your credit type, lenders may accommodate loans for credit scores ranging between fair to excellent. Borrowers with poor credit history, however, may still try as there might be other lenders that could accommodate your loan application.

When it comes to determining which lenders and loan programs will work best for a borrower, uses a particular algorithm. By using such an algorithm, choices are narrowed down to those who offer programs that will fit based on the borrower’s loan request or requirements.

While disbursement of funds will depend on the lender, may provide funding for as soon as one business day.


With so many options out there — direct lenders included — why use

One thing we like about this online loan marketplace is that it provides a straightforward process of requesting and signing up for a loan that fits best a borrower.

Apart from that, is completely free. You can use it without having to worry about being charged for a service fee or something similar.

Surely, lenders may charge you fees and penalties, but using alone, you won’t. That is why we highly recommend this as a tool where borrowers can shop and compare by simply sending one application.

Furthermore, also has other features that make it stand out from other online loan marketplaces. These features include:

  • is a member of the Online Lenders’ Alliance (OLA), which means the company commits to fair and honest consumer practices. More so, it means that the company is required to comply with all federal laws and regulations, as well as ensure the protection of its customers from fraudulent acts, and other illegal threats online. It is also expected to deliver the best user experience possible.
  • It offers flexible terms, which is precisely one of the reasons why the company rises to the top of the lending portal ladder.
  • The company offers a variety of loan options that consumers can choose from. Borrowers can choose from peer-to-peer loans, bank loans, or installment loans.


This review is useless if we will not tackle some of the most important loan aspects or details, which include the following:

  • Personal Loan Options
  • Loan Amounts
  • Interest Rates
  • Fees
  • Loan Terms
  • Repayment Options

Before you even head on to the portal and apply for a personal loan, make sure to know about these details first to ensure you won’t waste time and effort. The last thing you want is to send your application only to find out that the company cannot cater to your personal loan requirements.

With that, let’s tackle these items one by one:

Personal Loan Options

While there are a lot of online loan marketplaces out there, most of them offer one loan option only. With, the online lending portal provides borrowers three personal loan options: peer-to-peer loans, bank loans, or installment loans.

Similar to other personal loans, the ones offered by the company are unsecured loans, which means, borrowers, do not need collateral to be able to acquire a loan.

Meanwhile, just in case you want to know more about unsecured personal loans, here’s a very helpful guide from The Smart Investor:

Furthermore, these loan options may be used for various reasons (almost anything) like for home improvement, medical emergencies, vacation, wedding or any special life events, repair of a vehicle, and many more.

Loan Amounts

When looking for a personal loan lender, it is important to have a specific amount in mind already. This helps narrow down your search, or in this case, narrow down the choices.

While loan amounts vary from one lender to another, at, they offer loans provided by the company’s network of lenders that amounts from $1,000 up to $35,000. This makes it an ideal choice for people who are looking at borrowing money within that range.

Interest Rates

Another important factor that borrowers need to consider when getting a loan is the interest rate. As much as possible, you look for a lender that offers the lowest interest rate as this helps you save a couple of hundred or thousand dollars.

At, though, most personal loans (offered by their lenders) have an interest rate that ranges between 5.99% for borrowers with pleasing credit score and income profiles, and 35.99% for those with unattractive or low credit scores. 


As mentioned earlier, using is free of charge. However, its network of lenders may charge various types of fees (the fees and the amount vary from one lender to another).

In most cases, lenders may charge an origination or application fee, which basically covers administrative services. This fee is usually based on a percentage of your total loan amount. Usually, though, it ranges from 1% up to as high as 8% of your loan amount.

Furthermore, some lenders may also charge late fees. While most do not charge prepayment penalties, some may also do.

Thus, it is important to check your loan documents for these charges so you won’t get surprised along the way.

Loan Terms

Again, when it comes to loan terms, it varies depending on the lender. But generally, network of lenders offer loan terms that range from 3 months up to 6 years.

Repayment Options

As we have said, since is just a platform used to connect borrowers and lenders, in terms of repayment options, it also differs from one lender to another.

However, to give you an idea, some lenders offer a bi-weekly repayment option, while others on a monthly basis.


At this point in our review, we are going to provide you information about the requirements you need to meet in order to be able to avail of a personal loan from the company’s network of lenders.

While every lender does have their own set of requirements, generally speaking, lenders look for the following:

  • Must have at least 580 credit score
  • Must be a U.S. citizen or a permanent resident card holder
  • Must have stable employment (borrower could be employed, self-employed, or receiving a pension, or could have Social security or any other forms of government benefits)
  • Must earn at least $2,000 a month (could be higher depending on the loan amount a borrower is requesting, and other factors like monthly house payment, debts being paid, etc.)

In addition, to qualify for a loan through you will also need the following requirements:

  • Must be at least 18 years old (or 19 years old depending on the state you are from)
  • Must have proof of citizenship like Social Security number or legal residency
  • Must own a checking account


So, now you already know what is all about, how it works, as well as the qualifications you need in order to be able to acquire a personal loan via this online loan marketplace.

Now, the question is how to actually apply for a personal loan via

To answer this question, here’s a step-by-step guide for your reference:

STEP 1: Submit a Loan Request Online

Go to the website, and look for the online request form. The form is basically the same as any other online lending portals out there.

You will be asked to provide standard information including your name, email address, phone number, zip code, as well as your birthdate and military service status (if applicable).

You will also need to provide loan information like how much money do you need to take out for a loan, why you are requesting for a loan, and what kind of credit you have at the moment.

Furthermore, your state ID number or your driver’s license will also be asked, as well as your security number, and the type of bank account you are going to use for the loan.

STEP 2: Receive Loan Offers from Lenders

In just a few minutes, you will receive loan offers from actual lenders. That’s actually what we like about online portals. They revert quickly as compared to traditional banks.

STEP 3: Check and Review, and Accept Loan Terms

At this point, you will have to check and review the loan offers. Compare them side by side to be able to choose the best one for you.

Once you have decided, it’s time to accept terms. By the way, make sure to review thoroughly — check every single detail, and make sure you understand all of them to avoid problems in the future.

STEP 4: Receive Funds

Once you have reviewed and accepted the loan offer, the lender, through will then disburse the approved loan amount. While the process of disbursement depends on a lender to lender basis, it could be deposited to your account in as soon as one business day.


This review, similar to other reviews we made will not be complete without our list of pros and cons of the things that we like and do not like about the company’s services.

Without anything further, here are highs and lows:


  • It’s free. is absolutely free. Imagine using a platform that makes searching for a lender easier without having to pay a single cent. That is simply amazing, right?
  • High Loan Amount – While loan amounts vary from one lender to another, most of the lenders within the network of offer personal loans up to $35,000.
  • Multiple Lenders – In just one application, you get to enjoy various loan offers from the company’s network of lenders — there are a lot of them composed of banks and credit unions.
  • Soft Credit Pull – allows you to apply using a soft credit pull, which does not affect your credit score.
  • Low-Interest Rates – This, however, is applicable only to those with excellent credit scores.


  • Not a Direct Lender – Unfortunately, only acts as a middle-man that connects borrowers to lenders, and vice versa.
  • All-Online Application – Since the platform is only available online, this may be an issue for non-tech savvy customers.
  • Disclosure of Significant Personal Information – Since is an online loan marketplace, you basically are sharing personal information with an unknown number of lenders, which may be a little risky.


To sum it all up, is ideal for people who want to borrow money but have no time to look for a lender by themselves. It’s perfect for people who want to save time by sending just one application form to a number of lenders.

While the company is a good fit for borrowers with decent or excellent credit scores, it may not be that ideal for those with fair or low credit records.

Do you find yourself using an online loan marketplace such as after learning about it?

Hopefully, through the information we share in this review, we are able to provide you a good option when it comes to getting a personal loan using online lending platforms such as

Investment Apps and Websites

Credible Loan Review: The Best Online Loan Marketplace Right For You

One thing about this Credible loans review is that we are focusing on learning how efficient this free online loan marketplace is. Also, this will help you understand better how everything works, and hopefully help you decide whether or not Credible is the right loan platform for you.

Credible loans review what you need to know

Perhaps a lot of people will agree with us if we say that loans are inevitable. At least once in a person’s life, he or she gets a loan – it could be a personal, student, emergency or other types of loans.

Don’t feel bad if you do have an existing loan or are thinking of applying for one. Borrowing money is not a bad thing at all – what’s not good is when you run away from your obligations (that is when you do not pay the loans you made).

As we have said, loaning or borrowing money is not new. In fact, in a report published by the Chamber of Commerce, it says that there are 21.1 million outstanding personal loans in the United States. Take note that we are just talking about personal loans here. If we are going to add other types of loans, perhaps the number can be quite overwhelming.


In the same report, it says that for personal loans alone, the average interest rates vary between 10% and 28%. You see, people do not care about how huge or how small the interest rate is — after all when you are badly in need of cash or of money, the last thing you will think about is how to pay off the debt, as well as how much the interest rates are.

While there is nothing wrong about that, people have to change that kind of thinking. We should always consider our ability to pay off the debt, otherwise, we might end up being drowned in debts plus interest rates.

Good thing there are platforms that allow you to “shop” for the best or most appropriate loan setup for you. One of these platforms is Credible. As we have mentioned earlier, it is a free online marketplace, which helps you find the perfect lender for you. Basically, Credible acts as a middle man between lenders and borrowers.

Did that spark interest in you? Do you want to know more about Credible?

If yes, then do not go elsewhere as you are in the right place already. This Credible Loans review will specifically tackle some of the most commonly asked questions among borrowers (new and old alike).

In particular, we are going to talk about the following:

  • What Credible is all about?
  • What are its key features?
  • What are the products offered?
  • How is its customer service?


Before we proceed with the more thorough Credible Loans Review, here’s a quick glance on what Credible is all about, at the same time, what it offers. This will give you an idea of whether or not Credible is an efficient platform to use.

Name of Loan Platform Credible
Fees and Charges None
Products Student Loan Refinancing, Student Loans, Personal Loans, Mortgage, Mortgage Refinancing, Credit Cards
Key Benefit Compares multiple lenders all at once


Credible is an online loan marketplace that allows borrowers to shop around for different types of loans, which include student loan refinancing, private student loans, personal loans, mortgages, and credit cards.

With Credible, you can compare rates and terms from multiple lenders all at the same time. Furthermore, it has a prequalification tool, which helps borrowers save a lot of time. The tools let the borrowers see personalized rates from up to nine different lenders with just one application.

It is important to note that Credible is (again) a marketplace and not an issuer of loans or a lender. What it primarily does is it connects borrowers with an array of lenders. Credible makes every borrower’s life easier as it helps you search for the best personal or student (or whatever type of) loan out there.

Credible is based in San Francisco, USA, and has currently had 157 employees. More so, at the moment, the company is working with more than 280 partner lenders.


So, you already know what Credible loans are all about. This time around, we’ll look into the company’s key features.

Credible’s key features include:

  • No Fees:  Credible does not charge you for using their service. It’s ultimately free for use for anyone.
  • Risk-Free Comparison:  With Credible, you can compare your options without having to worry about your credit score. It will not affect your credit score at all.
  • Shop with Confidence:  By using Credible, you do not have to worry about the information you share as the company assures you it will never share your personal information with anyone without asking your permission.
  • Safe and Secure:  Credible uses 256-bit encryption and SSL technology keeps your data secure. These are industry standard, thus, you should not worry about the safety and security of your transactions as well as the information you share online through the Credible website.
  • Power of Choice:  Credible thoroughly vet their lenders. That way, you can compare the best options there is.
  • Real People, Ready to Help:  In case you have questions or clarifications, Credible has a team of experts called, Client Success, who are always ready to help.


As part of our Credible loans review, we are, of course, going to look into their list of products. Surely you know what you are looking for, but it is also nice to be aware of the other products the company offers. Who knows, you might just need of these in the future, right?

Anyway, so here are what Credible currently offers:


If you wish to find a lender to refinance your student loan, all you have to do is follow below steps provided by Credible:

STEP 1: Fill out a quick simple form. – With just one form, you get to access options from top lenders (who Credible are in partnership with). During this stage, checking your rates will not affect your credit score. Also, your information will not be shared with lenders yet.

STEP 2: Choose the option you like. – During this phase, you get to easily compare your prequalified options in just one place. You can also opt to use Credible’s comprehensive tools to quickly look for a plan ideal for you. Also, you may get annual rates according to your credit profile (no estimates).

STEP 3: Provide your loan details. – At this point, you may use Credible’s easy import tools to add the loans you want to refinance. You may also be asked to provide additional information about yourself. Once done, expect to receive your final offer in as quickly as one business day.

Meanwhile,  in order to qualify for a refinancing of student loan, lenders will look into a number of factors like your credit as well as your earnings history, the school you graduated from, your college degree, your credit report, as well as the size of the loan you want to apply for refinancing.


By availing Credible’s private student loans, you get to pay for college after you hit federal loan limits. While there are so many student loan options out there, by using credible you get to take advantage of the following benefits:

  • Multiple lenders compete to get you the best rate
  • No filling out duplicate forms
  • Get actual rates, not estimated ones
  • Finance almost any degree
  • Flexible repayment plans
  • San Francisco-based customer support 7 days a week
  • 3-way phone support connecting you and lenders

In addition to the above-mentioned, rest assured that the process will not cost you anything. Credible does not charge any origination fees, service fees, or prepayment penalties.

Before we move on, know more about Credible’s Student Loan Refinancing option through this video blog by The College Investor. Click the play button below to watch the whole thing:

Private student loans can be used to pay for education-related costs, as well as living expenses that may not be covered by your federal school loans. For your reference, some uses include the following:

  • Tuition and fees
  • Room and board
  • Housing utilities
  • Meals and groceries
  • Books
  • Supplies
  • A personal computer you’ll use for school
  • Dependant childcare expenses

Meanwhile, while each lender has their own requirements as to who qualifies for a private student loan, some of the basic requirements include:

  • Have a qualifying credit score (or a co-signer with one)
  • Have a qualifying income and debt-to-income ratio (DTI) (or a co-signer with one)
  • Be enrolled in an eligible education program
  • Be a U.S. citizen or legal resident with a Social Security number
  • Be at least 18 years old and hold a high school diploma or equivalent (or have a co-signer)
  • Use the loan for education purposes only


One thing that will catch your immediate attention is that Credible has the “Best Rate Guarantee”. That is how confident the company is about their personal loan service.

Three things that Credible personal loan offer:

  • Rates from 4.99% APR*
  • Loan amounts from $1,000 to $100,000
  • Compare rates from multiple lenders in just 2 minutes

Credible takes pride in having a fast process, low rates, and no stress personal loan service. You basically have to follow these three simple steps:

  • Find loans you qualify for (and compare the rates)
  • Complete your application online
  • Close your loan (by signing documents)

With Credible, you can avail a personal loan for different purposes like debt consolidation, credit card refinancing, home improvement, as well as bad credit loans.

As to how one can qualify to avail a personal loan through Credible, the requirements vary from one lender to another. However, some of the most common qualifications these lenders look for are as follows:

  • At least 18 years of age
  • Must be a citizen or a permanent resident holder of the United States
  • Must have a valid Social Security number
  • Must have a steady income
  • Must have a good credit history

Meanwhile, with regards to allowed loanable amount, this will depend hugely on the borrower’s credit score and the person’s debt-to-income ratio (this refers to the amount of your monthly income that goes to your rent, credit card bills, car payments, etc.). The upper limits for online personal loans depend from one lender to another but usually falls between $35,000 and $50,000. With lenders on the Credible marketplace, however, qualified borrowers for a personal loan can borrow up to $100,000.


If you are looking for a lender that offers mortgage loans, then Credible is also perfect for you. This online loan marketplace also provides you with the best mortgage lenders out there.

To borrow money, all you need to do is go through Credible’s very easy mortgage loan process:

  • Get pre-approved in 3 minutes
  • Compare lenders and choose a rate
  • Submit your documents online
  • Finish your loan with Credible

What makes Credible’s mortgage product different from others is that it is “pain-free”. What does that mean? Well, Credible provides instant streamlined pre-approval process, they keep your personal data private, and lastly, they have a modern approach to mortgages.

One of the things that people look into when shopping for a mortgage loan is the rate. With Credible, you will be presented with both an interest rate, as well as an annual percentage rate and APR. This way, you get to choose the best option that is suitable for you.

With regard to requirements, it varies from one lender to another. However, some other common criteria that lenders look for are as follows:

  • Minimum credit score (The rule is — the lower your credit score, the higher the interest rate.)
  • Minimum down payment (Usually, homebuyers are required to make a down payment that is equivalent to 20% of the home’s value. But with Credible, again, it depends on the lender’s requirement.)
  • Maximum debt-to-income ratio (This represents the percentage of your monthly income that’s required to meet ongoing expenses.)
  • Maximum loan-to-value ratio (This reflects how big the mortgage is in relation to the value of the home you’re financing.)

In addition, there are documents that you will need to keep on hand when applying for a mortgage loan. These documents will be used to verify your identity, as well as your income. These documents include:

  • Drivers license
  • Social Security card
  • Your two most recent bank statements
  • Signed tax returns for the last two years
  • Two years of W-2 forms
  • An estimate of the home’s value (an appraisal or recent sale price)
  • Documentation of the source of funding for your down payment (for home purchase mortgages)
  • For new home purchases, you’ll also need to submit the home purchase contract


With Credible’s mortgage refinancing, you get to compare lenders and save on interest, get cash out to pay off high-interest debt, and you get to prequalify in just a few minutes! That quick!

Furthermore, what makes this service different from others is the fact that Credible provides you with actual rates from multiple lenders, it uses smart technology by streamlining questions and automating uploaded documents, as well as providing you with end-to-end experience.

Before you apply for a mortgage refinancing, Credible lets you look for loan estimates from different lenders. You may request by providing the following details:

  • Your name and income
  • The property address
  • The property’s estimated value
  • The amount of the mortgage (how much you want to borrow)

Once you have already chosen the best loans and lenders based on your needs, you may process with your loan application. Usually, lenders require certain documents to verify both your assets and income.

Some of the documents required are as follows:

  • Contact info for your employers for the last two years, and copies of pay stubs for anyone who will be on the mortgage
  • Recent bank statements
  • Two years of W-2s and tax returns
  • Bank statements for two to three months
  • Records of investments and securities including stocks, bonds, and life insurance
  • Information about ongoing debt obligations including student loans, credit cards, and car loans

Again, requirements, as well as the criteria to qualify for a loan, depends from one lender to another.

Meanwhile, with regards to how much you can qualify for mortgage refinancing, this will depend on three vital factors, which are:

  • Your home’s appraised value
  • Your monthly income in comparison to your monthly debt (known as your debt-to-income ratio)
  • Your credit score

It is worth sharing that Credible’s mortgage marketplace is well-integrated with credit bureaus as well as lenders.


Credible also offers a comparison between credit cards. The comparison will be based on rewards points up to building credit. This gives you better options and allows you to make informed decisions when it comes to your credit card choices.

This service is ideal for those who are new to the idea of using credit cards, or those who want to make better choices when it comes to the cards they use.

With Credible, you can filter your credit card choices based on the following types:

  • Cash Cards
  • Travel Cards
  • Balance Transfer Cards
  • Low-Interest Cards
  • Zero-Percent Cards
  • Secured Cards
  • Student Cards


Another important aspect of this Credible loans review is the customer service support that the company provides. Since this one’s an online loan marketplace, customer service is a major thing.

Credible is known for its great customer service. The company has a team of people who are available to help you out 24/7 via phone, email, or live chat.

If we may add, Credible is highly rated with an A+ Better Business Bureau grade in terms of service. Thus, it is safe to say that you will not go wrong with Credible.


You see, Credible offers an array of loan choices. Basically, some of the most common loan products. While there are so many other online loan marketplaces out there, it has its own unique features that make it popular especially to those looking for lenders.

Having presented all the loan options offered by Credible, do you think it’s the right one for you?

Well, we do hope that this Credible loans review has helped you in making a decision. More so, we hope that by using Credible (which is for free), you get to find the best lender based on your needs.

Investment Apps and Websites

Fiona Loan Review: How It Makes Finding Lenders Easier

This Fiona loan review will obviously focus on why this platform has been tagged as the fastest, easiest, and most comprehensive way to search for loans from different top providers in the industry. This will help you pick the right lender for you given the fact that you get to check different lenders all at the same time in just one platform.

Fiona personal loan review what you need to know

Unless you were born wealthy and have overflowing money, you will always loan money at least once in your life. It’s like part of life. There really comes a time in our lives when we just have to borrow money to be able to pay off something within the allowed time frame or in some cases, we loan money because of emergency situations.

Loaning money is not a bad thing. Not at all. It’s a pretty normal thing to do. What makes it bad or troublesome is when you neglect your obligations in paying off the loaned money.


As a borrower, it is important that you know, once and for all, your limitations in terms of money. That way, even if you borrow money from a bank, or a loan company, or someone you know, you will not have a problem paying off.

As we have said, when it comes to borrowing money, know that you are not alone.

In fact, in a report published by Chamber of Commerce, it says that “19.1 million consumers currently have an unsecured personal loan, compared to the 176 million Americans with credit cards. In total, personal loans amount to less than 1% of total consumer debt, a fraction of credit card debt’s 7.27% share. The average debt per borrower is $8,402.

You see, the number is huge. You are not the only person who has or thinking about loaning money.

But here’s the thing, if you are thinking of loaning money, you have to do your part, and do research for the right company to deal with. Make sure you know the company, how it works, and of course, if the terms they give are reasonable enough and attainable given your personal circumstance.

Now, having said that, we are giving you one of the options or platforms that you can check on when it comes to personal loans. It’s Fiona. While it is not a lending company, Fiona provides you with a list of various lenders – top in the industry.

No need to go elsewhere because we are doing this Fiona loan review with people like you in mind. Allow us to share with you some very essential information about this company, and how it works.

In particular, we are going to talk about the following:

  • What Fiona is all about?
  • Who is Fiona good for?
  • How does Fiona loan work?
  • What are the features of Fiona?
  • How much Fiona personal loan interest rates are?
  • How to get started with Fiona?
  • Is Fiona safe?
  • How is Fiona’s customer support?
  • What are the pros and cons of the Fiona loan?

These are just some of the most commonly asked questions especially of those people or loan borrowers who are just scouting for the right loan provider to deal with.

Anyway, if you are ready, let us start.


Fiona is an online loan marketplace and loan comparison tool. The company, which was created back in 2015 by its parent company, Even Financial (a leading search and comparison engine for financial companies), is based in New York City.

As we mentioned earlier, Fiona is tagged as the fastest, easiest, and most comprehensive tool to search for loans from some of the best providers in the industry. True to this claim, in 2019 alone, the company originated more than $600 million in personal loans.

Impressive? Well, we cannot agree more.

Anyway, Fiona uses its built-in algorithms to be able to offer potential clients real-time pre-qualified personal loan rates. The company is able to save both borrowers and lenders a lot of time and money by simply be a channel for both. With just a single form, Fiona gets to provide both sides particularly the lender all the necessary information they need to approve or reject a loan application.

As mentioned earlier, Fiona is under Even Financial, which makes it easier for the company to have a partnership with various major lenders, which include Prosper, Rise, LendingClub, SoFi, Goldman Sachs, LightStream, Avant, as well as Vouch.


Fiona marketplace is ideal for people who want to go through a selection of different potential lenders all at the same time.

Just keep in mind though that Fiona is not a direct lender, which means, you have to submit an application directly with any lender of your choice.

Through Fiona, you will get to find lenders for loans such as the following:

  • Credit Card Debt Refinancing
  • Debt Consolidation
  • Home Improvement
  • Special Occasion Expenses

Do take note that every lender has different repayment terms, loan amounts, as well as interest rates, and fees. Thus, it would be best to make time to review company disclaimers, as well as terms and conditions before you make a final decision, which is to send you an application to your preferred lender.


Technically, Fiona acts as an aggregator for personal loan lenders. This means they do not provide the loans themselves. They are just acting as a middleman between borrowers and lenders. They are the ones that connect both sides.

For you to be able to review your personal loan options, all you got to do is fill out a single form. This will enable Fiona to do the work — match and compare offers behind the scenes — and pair you with the best loan offers from their various lending partners. This way, you, as a borrower gets to save a lot of time and effort. Imagine, you no longer have to do your own comparative review.

Anyway, once you receive loan offers, you will be given the freedom to review each of the offers. This will help you come up with an informed decision. Once you are done reviewing all the offers, you can eventually decide the best offer for you, and ultimately, close the deal. Do not worry, you are not forced to close a loan offer if you feel like it’s not for you. At the end of the day, you got the last word.

Once you have finally decided, you will have to formally apply for and close the loan through the lender. This time around, Fiona’s role is done. This means that should you have repayments or any issued regarding your loan, you will have to discuss it directly to the lender. Fiona (the matchmaker) is already offhand.


This Fiona loan review will not be complete if we are not going to tackle other features you will find in Fiona.

Apart from helping customers find the best personal loan deals, Fiona can also help you find a number of financial products.

Some of the other things that are searchable and comparable through Fiona are as follows:


Yes, Fiona can also help you find the right credit card provider for you.

Using the same technology used for personal loan shopping, Fiona can assist you in finding the right credit card for you based on your qualifications, and also, it will help you compare APRs from different providers all in one place.

More so, Fiona allows you to search via annual fees, as well as by rewards like airline miles and cashback. What’s even more interesting is that there are secured cards for those with poor credit.


Who does not want to learn how to save money, right? In these times of uncertainty, it pays to have money saved. Apart from loans and credit cards, Fiona is also a tool that can be used by people who are looking for the best savings account out there.

The thing with savings accounts is the annual percentage yield or APY. Just in case you do not know, the higher the APY is, the better. That means you will earn more interest on your money/savings. Who doesn’t want that, right?

With Fiona, they will help you in searching the savings accounts with the highest APY. This way, you get to earn more from your savings.

Apart from that, Fiona will also provide you information like fees, as well as pros and cons so you can way better your options.


Just like their personal loans marketplace, Fiona also helps you find better rates for their student loans.

To start your search, all you have to do is enter the amount that you still owe. Fiona will then give you an estimated monthly payment, as well as provide you with loan refinancing offers. This feature lets you compare terms as well as interest rates to be able to find the best refinancing loans, which in turn will help you manage your student loan.


If you come to think of it, Fiona gives you an amazing service. With that, the next thing in your mind is the cost – which finds very important as well in a Fiona loan review such as this.

That’s a very valid question or thought, don’t worry. After all, we’re used to paying for services — especially as excellent as this.

But here’s the thing, Fiona does not cost anything.

Yes, you read it right. Fiona can be freely used by anyone.

So, where does Fiona earn money? Well, the answer to that is through their lending partners. Fiona’s lending partners pay the company to have access to their customer base.

Now, when it comes to personal loan amounts, borrowers can search for loans amounting from $1,000 up to $100,000. These loans are unsecured. Unsecured loans refer to the type of loan that does not require you to own a property to qualify. Also, the nice thing about it is that your loaned money may be transferred to your account as soon as the next business day. Awesome, right?

With loans, APRs range from 3.84% to 35.99%. Meanwhile, repayment terms are between two and seven years. Again, Fiona has nothing to do with it. It’s between you and the lender you chose.

Furthermore, depending on the lender, you may have to pay for fees like late fees, origination fees, as well as ACH/check refund fees. Just so you know, origination fees can be anywhere between 1% and 6% of the total borrowed amount.


As part of our Fiona personal loan review, we are going to check the process as well.

Fiona’s personal loan process is very upfront. In fact, it only takes a few minutes to finish.

To start with, you will have to ensure that you qualify based on their requirements, which include:

  • Must be at least 21 years old
  • Must be a citizen or a permanent resident of the United States of America
  • Must have a good to excellent credit score

If you meet all the above-mentioned requirements, you can immediately proceed with a lending request.

The lending request can be found on Fiona’s homepage. You basically have to complete a form that requires you to input personal information (which will be the basis in checking with their lending partners for pre-qualified rates).

In the form, you will have to provide the following:

  • Name
  • Email
  • Birthdate
  • Your estimated credit score
  • Address
  • Phone number
  • Employment status
  • Whether you rent or own
  • Annual income before taxes
  • Loan purpose
  • Desired loan amount

There is some feedback that Fiona’s form is a little cluttered compared to other loan marketplaces out there. But if you do not mind the clutter, this should not be a big issue.

Anyway, once done providing your personal information, Fiona will then conduct a soft inquiry into your credit to confirm your identity, as well as your credit score. Don’t worry as this will not harm your credit at all. This, instead, will help you get the most accurate rates.

After that, Fiona will get back to you will all the qualifying offers sorted by APR. You have the choice to filter and sort the offers depending on your preference, or certain factors like fees and loan terms.

If in case you did not hear from Fiona, you may check with their customer service representatives as you may have encountered a system error. Otherwise, it may mean you did not qualify for any rates at all.

Now, once you have already reviewed and have already picked a loan offer, you may click “Continue” to proceed with a loan offer. By this time, you will be taken to the lender’s site already. Once you are at the lender’s site, you will then need to fill out an application, and close the loan. In some cases, this may require more documentation or information from you.


Overall, we got to say that Fiona is safe to use. Fiona understands that data security is of utmost importance in this day and age.

Both Fiona and its parent company, Even Financial pride themselves on partnering only with lenders that they feel are trustworthy and legit.

While your information is shared with their lending partners, your data are not sold to any third-party companies.

With regard to data security, Fiona uses 256-bit encryption to secure information, which is what most bands are using.

Finally, Fiona uses a Programmatic Compliance tool, which is a relatively unique feature. This basically scans their partner sites’ webpages to find information that may raise red flags.


Fiona has a customer support team that can be reached through email ( or phone (800-614-7505). The team can help you with any issues you encounter on their site, in filling out the information, or whatever questions you have about finding personal loans.

Fiona does also has an FAQ page, as well as an educational blog on its website where you can try finding information that you may need.


Our Fiona loan review will not be complete without providing you with the pros and cons we found about the platform.

Having said that, here are some of the advantages and disadvantages that we found:


  • It’s free for use.
  • It compares offers from the best lenders out there.
  • It provides a trusted and experienced service.
  • It does not have any negative credit consequences.
  • It provides additional free benefits.
  • Fiona’s parent company, EVEN Financial has been Better Business Bureau (BBB)-accredited since 2015. It also has an A rating on the official BBB website.
  • Fiona provides free educational resources.


  • Some of its partner lenders charge fees like origination, late, or processing fees to cover a lower APR.
  • You have to be at least 21 years old to qualify.
  • There is a chance you get telemarketing calls in the future.


Overall, we only have good words for Fiona. It basically serves its purpose. But more so, we like the fact that they give you the best options possible. Needless to say, they partnered with the top lending companies you will find out there.

We like the fact that they know exactly what their customers need and that they provide it to you free of charge. That is definitely the best deal ever, right?

So, how do you find Fiona?

Hopefully, through this Fiona loan review, we are able to give light to some of the most commonly asked questions by newbies regarding loan marketplaces. At the same time, we hope this gives you clarity on how amazing Fiona is on what it does.