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Rating: 6.5 / 10 (Very good)
5 Customer Reviews - see all comments
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LoanPioneer is a lending marketplace that connects borrowers with qualified lenders from their network, at no charge. They advertise that users of the site can obtain loans of up to $5,000 as quickly as the next business day. LoanPioneer is not a lender, broker, or agent of any lender, or financial advisor, but instead aims to connect you with a lender.
 
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How is LoanPioneer rated?

Breakdown

0.0/5
Flexibility
0.0/5
Interest Rates
0.0/5
Discounts & Fees
0.0/5
Customer Service and Reputation

Overall Rating: 3.2 / 5 (Very good)

LoanPioneer is a Texas-based aggregator which connects prospective borrowers with lenders within their network. The loan originators can fund loans for the most common loan reasons such as debt consolidation, home improvement and other large purchases and offer loans up to $5,000. However, to see what you qualify for, you have to submit a request. The site offers little information about the loan originators within its network, but covers all 50 states. The company is a fully-online platform that connects you with a loan originator and has no physical location.

LoanPioneer Loan Specifics

Loan Specifics - 4 / 5

LoanPioneer is not a direct lender, but rather a marketplace that connects borrowers with loan originators within its network. Therefore, loan specifics such as term length, availability of direct depositor insurance will depend on the individual lenders. Though LoanPioneer asserts that loans can be approved and disbursed in as little as one business day, this will also depend on the lender.

Loan Uses

Debt/Credit Card Consolidation
Buy Home
Major Purchase
Home Improvement
Medical Expenses
Wedding
Moving/Relocation
Vacation
Start Business
Education
Taxes
Loan Maximum
5000
Decision Time
As little as one business day.

LoanPioneer Qualification

Qualifications & Flexibility - 4 / 5

Since LoanPioneer doesn't itself originate loans, actual loan originators may have additional qualification requirements. LoanPioneer only asks that applicants be 18 years or older, be a U.S. citizen or permanent resident with a valid social security number, employed, self-employed, or receiving other monthly income. They also warn users that most lenders will require a valid checking account to deposit funds.
Personal Income Considered
Yes
Verify Bank Account
Yes

LoanPioneer Cost of Loan

Costs, Interest Rates, Discounts & Fees - 4 / 5

Lenders within LoanPioneer's network can offer APRs which range from 5.99% to 35.99%. Fees for originations, applications, or administrative transactions will depend on the individual loan originator a borrower is connected with.
APR Range
5.99 to 35.99

LoanPioneer Reputation

Customer Service and Reputation - 4 / 5

LoanPioneer does not have entries in consumer review websites such as the Better Business Bureau or TrustPilot. As LoanPioneer does not disclose the lenders within its network, it is not possible to verify their ratings or customer reviews either. Finally, LoanPioneer does not have a physical location, but can be reached on their mailing address in Houston, Texas or through email support.
Headquarters Address
1321 Upland Dr. Ste 6458, Houston, TX, 77043
Homepage URL
https://loanpioneer.com/
Our Partner
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Loan Pioneer

  • Loan Amount: $300 - $5,000
  • APR: 5.99% - 35.99%
  • Loan Term: 3 - 60 months
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Latest LoanPioneer Reviews

L P

3/18/2019
You cannot trust these people. They have no physical address, no way to check if they are real. These people are scammers. This is the same company that stole from me. STAY AWAY

Loretta W

12/12/2018
I am applying for a loan. The 2018 (section for next pay) will not change to 2019.

B
Billy N

8/14/2018
Do not try to get a loan through this company they are a fraud they have takin me for 3000 dallars

S
Sharon F

8/3/2018
Is this company for real?? Or are they scammers...they want me to buy a company assurance card before they will fund my loan. Has anyone every dealt with them actually funding a loan?

Buffy L

6/19/2018
got approved for 10,000 and they wanted me to put 348 on a google play card .....

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