 TITLE: Can I Trust Online Personal Loan Lenders? CONTENT: How to Apply for a Personal Loan Online\n---------------------------------------\nApplying for a personal loan online can be a quick and easy process. You may be able to start with a preapproval application, which can tell you if you're likely to get approved and your potential loan amount and terms without impacting your credit.\nIf you're not preapproved, you may want to try a different lender or focus on improving your credit before trying again. If you are preapproved, the lender may give you several loan options.\nFor example, you might be preapproved for up to $10,000 with either a three-, four- or five- year repayment term. Your interest rate and monthly payment will depend on how much you borrow, which repayment term you choose and your creditworthiness. After reviewing your options, you can submit an application.\nIf you didn't already do so, you might need to submit verification documents after choosing your loan. These could include copies of a government-issued identification, proof of your address, and pay stubs or tax returns to show your income.\nOnce the lender reviews your documents, it may approve your loan and send you the money. It will generally be electronically deposited into your bank account within a couple of business days.\nHere are a couple online lenders offering personal loans:\n### LendingPoint\nApply\non LendingPoint's website\n**Recommended FICO® Score\\***\nFair - Good\nAmount\nAvailable loan amounts: $2,000 to $25,000\nEst. monthly payment: $95 to $1,437\nGrace period: 0 days\nApplication fee: $0\n##### Loan Details\n*   Personal loans from $2,000 to $25,000\n*   Rates from 15.49% to 35.99% APR with no prepayment penalties\n*   Check your rate for free without impacting your credit score\n*   Qualified customers receive offers in three simple steps, and funds in as little as 24 hours if approved\n*   Simple and Secure - quick online application\n*   LendingPoint's customer success representatives are available online or by phone 24\/7, just call 888-969-0959\n*   Terms from 24 - 60 months\nDisclosure\n### SoFi\nApply\non SoFi's website\n**Recommended FICO® Score\\***\nGood - Exceptional\nAmount\nAvailable loan amounts: $5,000 to $100,000\nEst. monthly payment: $217 to $4,944\nGrace period: 10 days\nApplication fee: $0\n##### Loan Details\n*   Personal Loans with low fixed rates\n*   Borrow up to $100,000\n*   No Origination Fees, No Prepayment Penalties, and No Late or Overdraft Fees\n*   Simple online application with live support 7 days a week\n*   Apply Now\nDisclosure END