• Minimal advertised APRs (7.12% to 28.09%) for borrowers with mid-tier credit.
  • High borrowing restriction of $25,000.
  • Website is extremely clear about potential APRs, loan quantities, and charges.

Cons of Peerform online peer to peer lending for bad credit

  • Needs better credit score than several other lenders (600+).
  • Will not offer secured personal loans.
  • This can be a more recent company, and it is maybe perhaps maybe not yet accredited because of the Better Business Bureau. Read more