LendingPoint Personal Loan
LendingPoint
Expert VerdictLendingPoint serves fair-credit borrowers with a broader underwriting model. Requires SSN but accepts thin credit files common among new immigrants with work authorization.
Best for
Immigrants with SSN and work authorization but limited US credit history
| Pros | Cons |
|---|---|
| Accepts fair credit (580+) | SSN required — no ITIN |
| Up to $36,500 | Minimum $35,000 income required |
| Same-day approval possible | Origination fee up to 8% |
| No prepayment penalties | Not available in NV or WV |
Honest take
LendingPoint works if you have an SSN but thin credit. The income requirement ($35K) filters out many recent arrivals, but for those who qualify, rates can be reasonable.
Personal loans up to $36,500 designed for fair credit borrowers, considering income stability beyond just credit score.
