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Peerform is a peer-to-peer lending service. It offers quick access to personal loans with its convenient online-portal. Peerform provides a straightforward and free application process to borrowers searching for personal loans. The company gives personal loan borrowers access to its list of investors to find a match. Borrowers are then presented with several personal loan offers giving them the option of selecting one with the best rates and loan terms.

Category

Peer-to-peer lending service

Loan Details

Minimum Loan Amount

$1,000

Maximum Loan Amount

$25,000

Minimum Loan Period

3 years

Maximum Loan Period

3 years

Loan Rates

Fixed Rate of 7.12% to 29.99% APR

Direct Deposit

Yes

 

Application

Online Application Time

Just a few minutes

Qualification

  • Must be at least 18 years of age
  • US resident
  • Personal savings or checking account

Information Used        

Personal Identity Information

Financial Information

Optional Personal Information

 

Peerform Personal Loan Summary

Peerform is a peer-to-peer lending service company that enables borrowers to easily connect with investors to fund their personal loans. This in turn makes it possible for borrowers even with a less than ideal credit score to qualify for a personal loan. The company offers a fixed 3-year term with a rate of 7.12% to 29.99% but this ultimately depends on how investors rate your credit worthiness. With loans of up to $25,000, free application and one of the most competitive interest rates, Peerform is a personal loan service worth a visit.


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