Integra Credit Personal Loans Review
Integra Credit is a Chicago-based online lender that has been in business for a number of years, mainly providing loans to people who have poor credit. It mainly deals with smaller sums of money and the APR rates tend to be high.
One of its main principles is quickly going through applications and giving borrowers their funds in an extremely quick timeline. This review takes you through all of the different aspects involved if you proceed with getting a personal loan from Integra Credit.
|Loan types||Personal Loans, Online Loans, Quick Loans, Lines of Credit, Instalment Loans|
|Repayment terms||6 months to 2 years|
|Minimum credit score||None|
|Lender type||Direct Lender|
People with poor credit who need to quickly borrow small sums
Strengths & Needs Improvement
- Quick time to funding
- Deals with poor credit
- Easy application process
- Soft credit check
- High APRs
- Only available in certain states
It is a simple process when you are applying for a personal loan for Integra Credit. Everything is done online, with prospective borrowers just having to enter relevant personal information and details about their income. You usually have to provide a couple of documents proving your income and identification.
There will be certain states in which Integra Credit does not do business. As Integra Credit deals with people who have poor credit, the credit score is not going to be the sole thing that the lender looks at when deciding on applications. There will only be a soft credit check.
You will very often get instant approval after submitting your personal loan application at Integra Credit. Usually, you will then be able to get access to your borrowed funds within a single working day.
Terms & Requirements
All types of personal loans will carry an array of terms and conditions. It is important that you take the time to understand the terms of a personal loan will be before you go ahead and apply. Here are those predominant terms and conditions relating to Integra Credit personal loans:
As Integra Credit deals with people who have poor credit, your credit score is not the be-all and end-all requirement when looking to get an Integra Credit loan. As a result, there is no outlined minimum required credit score. Integra Credit only provides loans to people in about 25 states, so you need to be living in one of these states to get a loan.
There will also be standard types of eligibility requirements in place. This includes being at least 18 years old (in most states), having a steady source of income, and having an active checking account. You will also need to be a valid resident of the US.
You’ll usually be able to borrow between $500 and $3,000 through Integra Credit, so it does not have the biggest sized loans on offer. The exact size of loans will also differ from state to state. Generally, you will be facing high APRs at Integra Credit.
This is because it is providing money to people who have poor credit. Oftentimes, the APR will be in triple figures territory. You will not have to pay an origination fee when getting an Integra Credit personal loan.
The term lengths for Integra Credit loans generally are between 6 months and two years. There are no prepayment fees in place if you decide to pay off your loan quicker than you originally planned. There is usually a late fee in place if you miss a payment deadline.
Privacy & Security
Integra Credit has a solid reputation, carrying an A+ rating from the Better Busines Bureau and it has a 4.7/5 rating from TrustPilot. Integra Credit always ensures that it fully protects sensitive customer data at all times. This is achieved by never sharing this info and making sure that all transferring of data is done in an encrypted manner.
There are a few different ways in which you can contact the support team at Integra Credit. The phone lines are open every day of the week during regular working hours. From Monday to Friday, you can ring the team between 8am and 8pm CT, with the support hours being 9am to 6pm CT over the weekend.
Borrowers will be able to access their accounts at all hours and make their payments online whenever they want. Another option you have is sending an email to the Integra Credit team. Responses tend to come within a day or so.
If you’re struggling to borrow funds due to your poor credit history, then Integra Credit can be a good option. While the APR rates are high, you will get quick approval and it won’t take long at all to get your hands on the borrowed funds. The application process is all done online and doesn’t take long at all to complete.
120 S La Salle St Ste 1600
Chicago, IL 60603-3402