Is the smallest advertised loan available to everyone?
No. Product minimums and an individual approved amount are different. Eligibility and available limits are decided by the lender.
Compare published personal loan ranges and look beyond the headline interest rate.
A fixed or minimum charge can be a substantial share of a small loan. Compare the amount you receive with all scheduled repayments, including processing fees and applicable taxes. Borrowing more than you need to meet a provider’s minimum adds unnecessary repayments.
No. Product minimums and an individual approved amount are different. Eligibility and available limits are decided by the lender.