GuideToLenders Personal Loan Review

GuideToLenders Personal Loan Review

When we quickly need money, going around the bank to bank can be a tedious task. All our time will be spent trying to find the best rate and the efforts will be much more. This is where an online lending marketplace comes to the rescue. GuidetoLenders is one very well established online lending and borrowing platform. It has a good number of lenders, and this network helps in providing a competitive edge to give the best interest rate to the borrower. Established in 2005, this platform is beneficial if you require quick funding for your financial purpose. Ranging from financial projects to extra funding, they also carve loans which are individual specific and this can be handy for purpose-specific borrowers.

Terms and Fees

APR: 4.99% – 35.99%
Loan Amount Range: $1,000 – $40,000 (based on your credit score)
Minimum Required Credit Score: None
Repayment Term: 24 to 84 months

Eligibility Requirement:

It is essential that you check the eligibility criteria before applying and finding for a suitable lender on this platform:

  • You necessarily have to be minimum 18 years of age.
  • You are either a US citizen itself or a permanent resident for being eligible to apply for loans.
  • It is essential that you have a settled bank account and also you have an income source which is steady. This is to assure you will be able to repay. Being an unsecured loan, this is all the more important to prevent any fraud or discrepancy from the lender’s end.

Application Process of GuideToLenders Loan

  • The application process starts with you filling one form only. This form will give all the lenders the necessary information required and then you will begin receiving your options.
    The first form will be all about the necessary information that defines your eligibility and secured lending for you. It includes personal information and your annual income along with current employment. It also includes giving contact information.
    Once a lender is being finalized, they will ask for additional information. You will receive the loan amount, once the bank checks all the information.

Pros & Cons of GuideToLenders Personal Loan


  • It has a good number of lenders on its platform, making it a significant competitive edge for providing the best interest rates. This is of use to the borrowers. The vast network of lenders also helps in giving a good number of options for the borrower to choose from as per requirement.
  • It has something for everybody, irrespective of a credit score. It has a wide array of the loan amount as well.
  • You do not have to pay any charge for applying for a loan or finding your suitable one by comparing many of them.
  • It is faster. Your entire work starts with filling one form only.
  • You are also provided with a good amount of educational content that equips the borrowers with resourceful knowledge.
  • There is no restriction on the minimum credit score that is required for your eligibility to get the loan.


You will face a problem in connecting with GuidetoLenders, due to their less channels of customer support. This can be a problem in case you doubt that you would want to clear.
They also do not have elaborate information on the loan terms that their lender network is providing and the loan amounts the borrower is eligible.