Even Financial Personal Loans Review


Rating: 9.7 / 10 (Excellent)
20 Customer Comments & Reviews - see all comments
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Even Financial is an online loan matching service that educates and helps consumers searching for personal loans. The company provides a quick and simple online application that delivers a customer's best loan offers from competing loan providers. Borrowers are matched with the loan providers most likely to approve their application, saving them time and money.

How is Even Financial rated?

Breakdown

10/10
Loan Specifics
10/10
Qualification
10/10
Cost of Loan
10/10
Lender Reputation

Overall Rating: 9.7 / 10 (Excellent)

Even Financial offers a secure loan search platform that makes applying for a personal loan quick and easy. Its smart comparison feature gives customers real-time information on loan offers from competing personal loan providers. This service empowers borrowers by filtering loan offers with the best rates from loan providers most likely to approve their application.

Though Even is a relatively young company, they have originated over $200M in personal loans in 2017 alone, and have trusted partnerships with some of the biggest names in the industry, including Amex, Lending Club, Upgrade, SoFi, and Freedom Plus.

Even Financial Loan Specifics

Loan Specifics - 9.5 / 10

Even connects you with banks and other marketplaces in order to procure the best personal loan possible. Even does business with companies that can provide loan amounts of $1,000 - $100,000 for terms of 2 to 7 years. Even's interface is particularly easy to use and provides fast quotes with minimal information. Though you must provide a social security number, the initial inquiry will not result in a hard credit pull. After this, the loan details will completely depend on the chosen lender. In some cases funds can be disbursed via direct deposit by the next business day, making Even one of our faster personal loan marketplaces.

Loan Uses

Debt/Credit Card Consolidation
Buy Home
Major Purchase
Home Improvement
Medical Expenses
Wedding
Moving/Relocation
Vacation
Start Business
Education
Loan Minimum
$1,000
Loan Maximum
$100,000
Term Length
2-7 Years
Direct Deposit
Yes
Pay Creditors Directly
Yes
Decision Time
Just a few minutes
Disbursement Time
Next business day
Credit Insurance
Yes
Unemployment Protection
Yes

Representative Loan Sample

If you borrow $5,000 on a 36 month repayment term and at a 10% APR, the monthly repayment will be $161.34. Total repayment will be $5,808.24. Total interest paid will be $808.24.

Even Financial Qualification

Qualification - 10 / 10

Even is able to take a preliminary look at your credit score, usage, and financial history in order to prequalify you for a loan. You will be automatically directed to a specific lender if it is the only one for which you qualify. If you qualify for multiple offers, you'll receive a list of possible lenders and marketplaces. Beyond this, lenders will all have their own list of qualifications. For example, some might require your educational background and more specific employment information. Optimal debt-to-income ratios and minimum FICO scores will also vary by lender. Since the prequalification requires only a soft pull, it could be instructional to see what you may qualify for regardless of how low your credit score is.
Minimum FICO Score
Not specified
Personal Income Considered
Yes
Debt to Income Ratio
Not specified
Verify Bank Account
Yes
U.S. Citizen
Yes
Hard Credit Pull
No

Even Financial Cost of Loan

Cost of Loan - 9.5 / 10

Even affiliates represent the standard, wide APR range that is typical in the personal loan industry today. All associated fees, including origination fees will depend entirely on the chosen lender. There are many Even affiliates, like SoFi, that advertise no fees of any kind, including no pre payment penalty. So be sure to scrutinize the fine points of all offers provided.
APR Range
4.99% - 35.99%
Origination Fee
Depends on lender
Missed Payment Penalty
Depends on lender

Other Fees

Application Fee
Pre Payment Penalty
Administration Fee
Returned Check Fee
Check Processing Fee

Even Financial Reputation

Lender Reputation - 10 / 10

Even Financial, Inc. is a marketing lead generator and loan provider service with its main office located in New York City. As the company is relatively young, it has no presence with the BBB or Trustpilot. Furthermore, there are no complaints lodged with the CFPB about the online marketplace.
Type of Lender
Marketplace
Year Founded
2014

Company Profile

Full Name
Even Financial Personal Loans
Company Website
Headquarters
45 W. 21st St., New York, NY, 10010

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20 Customer Comments & Reviews

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A
adam
Seattle, Washington
4/27/2018
They say they have a loan for you but when all said and done they dont waist of my time


K
Kevin N
Upper Marlboro, Maryland
2/6/2018
2/16/18 Don't waste your time! This is just a junk referral company that give's you small amount loan offers. My credit score is in the 720's and the best they could offer me is a $5000 loan to consolidate some credit card debt. Who has just has $5000 worth of credit card debt? I know somebody does but not many of us!


W
William S
Vienna, Virginia
2/6/2018
I cannot comment because I have no experience for this provider. I could comment if loan is approved.


Dan A
Anchorage, Alaska
12/11/2017
This place is a bogus bunch of venture vultures. They quote a very reasonable interest rate and terms up to 84 months, Then they make you fill out tons of nonsense and send in verification of identity (which you can't get erased) then they will offer you some crappy 16% loan with 36 month terms. I have an 800+ credit score. The whole thing is a fraud, Stay away at all costs.


J
Jennifer
Rosedale, Mississippi
12/8/2017
I understood everything well.


M
Margaret. E
Corinth, Mississippi
11/29/2017
Filled out. App x2 and each time it got to my address it went back to the beginning and erased my info. ??my address is 27 county Rd 117 in Corinth Ms. So what was the problem ????


M
Myra L
Aurora, Colorado
11/7/2017
Fast response and easy.


Melissa L
Orange Park, Florida
10/14/2017
Penny Hoarder article said to try this company to consolidate high interest debt to a LOWER interest, as low as 4.99%. I applied and our credit is good, with no late payments. We were offered a loan at 27%!!! HOW IS THAT SUPPOSED TO HELP??? WHAT A JOKE!!


A
Aaron
Dallas, Texas
9/14/2017
Quick simple easy loan no credit checks no account required


K
Krystal D
Houston, Texas
8/10/2017
Great service provider. Looking forward to doing business with them!



Top Rated
Our Partner
9.7 / 10

  • Unsecured personal loans from $1,000 to $100,000
  • Loans for debt consolidation, large purchases, home improvement, medical expenses, and more.
  • Even compares top loan providers and matches you instantly
  • Rates starting at 4.99% APR 
  • Loan terms from 24-84 months
  • Funds available as soon as next business day
  • Loan search is free and will NOT affect credit score