Ziplend is compensated by companies on this site and this compensation may impact how and where offers appear on this site (such as the order). Ziplend does not include all lenders, savings products, or loan options available in the marketplace.

What portion of Ziplend’s services in connection with my loan request is free?

There is no cost to submit a loan request, get matched with lenders and receive conditional loan offers or quotes. You may review the conditional loan offers or quotes and talk to the lenders at no cost. Of course, the lender you choose may require a fee to process your formal loan application, appraisal, and/or credit report, but until you agree to pay the lender any fee(s), you may shop with Ziplend at no cost.

How does Ziplend get paid?

Ziplend does not charge you, the consumer, a fee for its services. Who pays our bills? The lender. Of course, you will be responsible for paying any loan processing, closing costs or other fees to the lender with whom you close.

Disclosure 101

Personal Loans

A Personal Loan can offer funds relatively quickly once you qualify you could have your funds within a few days to a week. A loan can be fixed for a term and rate or variable with fluctuating amount due and rate assessed, be sure to speak with your loan officer about the actual term and rate you may qualify for based on your credit history and ability to repay the loan. A personal loan can assist in paying off high-interest rate balances with one fixed term payment, so it is important that you try to obtain a fixed term and rate if your goal is to reduce your debt. Some lenders may require that you have an account with them already and for a prescribed period of time in order to qualify for better rates on their personal loan products. Lenders may charge an origination fee generally around 1% of the amount sought. Be sure to ask about all fees, costs and terms associated with each loan product. Loan amounts of $1,000 up to $50,000 are available through participating lenders; however, your state, credit history, credit score, personal financial situation, and lender underwriting criteria can impact the amount, fees, terms and rates offered. Ask your loan officer for details.

As of 12-May-23, Ziplend Personal Loan consumers were seeing match rates as low as 6.37% (on a $1000 loan amount for a term of three (3) years. Rates and APRs were based on a self-identified credit score of 700 or higher, zero down payment, origination fees of $0 to $100 (depending on loan amount and term selected). Here are some examples of matches consumers were receiving during this time period:

Loan Amount Loan Term (Years) Rate APR Origination Fee Estimated Fixed Monthly Payment*
$1,000 3 6.37% 6.37% $0.00 $30.59
$5,000 3 6.99% 6.99% $0.00 $154.36
$5,000 5 9.13% 9.99% $99.50 $104.11
$10,000 3 6.99% 6.99% $0.00 $308.73
$10,000 5 8.49% 8.49% $0.00 $205.12
$15,000 3 6.99% 6.99% $0.00 $463.09
$15,000 5 8.49% 8.49% $0.00 $307.68
$20,000 3 6.99% 6.99% $0.00 $617.45
$20,000 5 8.49% 8.49% $0.00 $410.23
$25,000 3 6.99% 6.99% $0.00 $771.81
$25,000 5 8.29% 8.29% $0.00 $510.39
$30,000 3 6.99% 6.99% $0.00 $926.18
$30,000 5 6.99% 6.99% $0.00 $593.89
$35,000 3 6.99% 6.99% $0.00 $1080.54
$35,000 5 7.23% 7.23% $0.00 $696.79
$50,000 3 7.49% 7.49% $0.00 $1555.08
$50,000 5 7.58% 7.58% $0.00 $1003.90
*Rates and APR assume fixed rate for the term of the loan may not be available for all consumers, ask your lender for a fixed rate quote.

Here’s how it can work:*

Example 1: A $10,000 loan with a 5-year term at 13% Annual Percentage Rate (APR) would be repayable in 60 monthly installments of $228 each. The actual payment amount and year-end balance will vary based on the APR, loan amount, and term selected.

Example 2: A $25,000.00 secured personal loan financed for 60 months at an interest rate of 8.500% would yield an APR* (Annual Percentage Rate) of 8.496% and 59 monthly payments of $512.87 and 1 final payment of $513.24.

*These examples are for illustrative purposes only. The examples and match rates are not a guarantee, agreement, or commitment to loan funds or extend credit. Interest rates and terms are subject to change at any time without notice. Loans are not available in all states at all requested amounts. All loan applications are subject to credit approval by the lender(s) with whom you are matched. Ziplend, LLC does not offer, extend, or alter credit terms it merely connects you with lenders who can perform such activities after reviewing your credit history (a hard pull of credit will be performed by lenders with whom you are matched in order to provide you with prompt responses to your loan needs) under the Fair Credit Reporting Act such permissible purpose exists in order to evaluate your request promptly and adequately. Rate, terms and fees will be based on your individual credit history and underwritten by the lender NOT Ziplend. All Equal Credit Opportunity Act requirements are adhered to and each lender will provide you with all required disclosures. Request all fees, terms, and rate information from the participating lender as Ziplend, LLC does not receive any funds from you and only receives a “lead fee” from the lender.

The Personal Loan offers that appear on this site are from companies from which Ziplend receives compensation. This compensation may impact how and where products appear on this site (including for example, the order in which they appear or whether a lender is “featured” on the site). Ziplend does not include all Personal Loan companies or all types of offers available in the marketplace.

Personal Loan Providers determine the underwriting criteria necessary for approval, you should review each Provider’s terms and conditions to determine which loan works for you and your personal financial situation. All reasonable efforts are made to provide and maintain accurate information. All rates, fees, and terms are presented without guarantee and are subject to change pursuant to each Provider’s discretion. There is no guarantee you will be approved for credit or that upon approval you will qualify for the advertised rates, fees, or terms shown.

Disclosure 125

Personal Loan Spread

Average 11.41% APR savings are calculated using the averaged difference between the highest and lowest APRs of 36-month loan terms offered to each consumer with a credit score of at least 760.

Savings up to $4,122 on personal loans represent the dollar interest savings a consumer could achieve on a full loan term and are calculated using the averaged difference between the highest and lowest APRs offered on 36 month loan terms for customers with at least 760 credit, and applied to the averaged loan amount of $20,393 for all 36-month loan term offers provided to customers with credit scores of at least 760.

Calculations are based on actual network offer data on made by third-party lenders in October 2019. Individual results may vary.