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LoanMe Prime Loans

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Personal Loans Made Simple
Access lower interest rates for a personal loan, pre-qualify with no impact on your credit score and get funded as fast as 4 hours after approval with LoanMe Prime Loans.
Loan Amounts
$3,100 to $10,000
Pre-Payment Penalties
Get Funded After Approval
From 4 hours
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Product Name

LoanMe Prime Personal Loans.

Product Description

LoanMe are installment personal loans you can use for personal purposes, like emergencies, debt consolidation or a big purchase.

LoanMe Prime Loans Amounts

You can borrow between $3,100 and $10,000.

LoanMe Prime Loans Availability and Approvals

You can apply and get approved 24 hours, 7 days per week.

Approval Timings

You can get approved and receive your funds in as little as 4 hours.

Application Process

Complete your application online or on the phone.

Do you need a personal loan but can’t get approved with a traditional bank or credit union? An online lender, like LoanMe, may be able to assist. It caters to consumers with past credit challenges who deserve a second chance and need a personal loan to help them take control of their financial situation.

What is LoanMe?

LoanMe is a Consumer Affairs and Better Business Bureau accredited direct lender. It was founded in 2019 to help underserved individuals and businesses secure competitive loan products to get back on track. LoanMe also features business loans and home loans through its online lending platform. To date, LoanMe has funded over $3.5 billion in loans.

What are LoanMe Prime Loans?

LoanMe Prime Loans are personal installment loans between $3,100 and $10,000 payable in equal monthly installments. They’re currently available in Alabama, Arizona, California, Delaware, Missouri, New Mexico, North Dakota, South Carolina, South Dakota, Texas, Utah and Wisconsin.

What Can You Use the Funds of a LoanMe Prime Loan For?

You can use the funds from a LoanMe Prime Loan however you see fit. However, many borrowers take out loans to consolidate high-interest debt, pay for hefty car repairs, make improvements or upgrades to their homes, or fund the costs of a special occasion.

Requirements to Get a LoanMe Prime Loan

To qualify for a LoanMe Prime Loan, you should:

  • Be at least 18 years of age
  • Have an active checking account
  • Have a steady source of personal income or earnings from self-employment

Terms and Fees of LoanMe Prime Loans

Loan terms and fees vary by state. You can expect an APR of up to 35.97 percent and a repayment period that does not exceed 60 months. Your credit score and history, loan amount and term, and homeownership status determine the terms you receive.

You could also be charged an origination fee to take out a LoanMe Prime Loan. The amount varies by your financial profile and state of residence.

Benefits of a LoanMe Prime Loan

Fast Funding Available

If you’re approved for a loan, you could receive the loan proceeds in your bank account in as soon as three to four hours.

(Quick note: Applicants who submit the requested documents, receive final approval and sign the loan documents before 1 pm PST on a business day generally receive funds within a few hours. If your application is approved and loan documents are signed before 5 pm EST, you could qualify for same-day funding).

Are you planning to apply over the weekend or on a federal holiday? You could still be eligible for same-day funding if the loan amount does not exceed $10,000.

Lower Credit Scores Allowed

These loan products cater to consumers with less than perfect credit. So, a poor credit score doesn’t automatically disqualify you for funding.

Pre-Qualify with Soft Credit Score Check

Before you formally apply for funding, you can pre-qualify with a soft credit check that won’t impact your score. LoanMe will need the following information to determine your eligibility for a loan:

  • Your first and last name
  • Your home address
  • Your date of birth
  • A valid phone number and email address
  • Your monthly income
  • Your consent for LoanMe to perform a soft credit check

Easy Online Application and 24/7 Approvals

LoanMe boasts a seamless application process that’s easy to navigate and only takes up to five minutes of your time. Even better, you’ll get a quick decision, even if you apply outside of business hours, as approvals are issued 24/7.

(Quick note: LoanMe could issue a conditional approval and require additional documentation to make a lending decision).

No Prepayment Penalties

If you pay your loan off early, LoanMe won’t assess prepayment penalties.

How to Pre-Qualify for a LoanMe Prime Loan

Ready to apply for a LoanMe Prime Loan? You can complete the online form to get pre-qualified.

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