If you are looking for the best personal loans, you have probably come across Rocket Loans. Their loans are available for all US citizens that are at least 18 years old. Based on the Rocket Loans Personal Loans Reviews, this lender offers so many benefits. What can you expect from this lender and their service? Read on and find out more!
The reviews
Before you decide to seal a deal with a specific lender, you would want to know more about their service. The best way to find out more about customer satisfaction is to check honest online reviews.
According to the Rocket Loans Personal Loans Reviews, they have a straightforward and fast lending process. This is excellent if you need that money quickly and don’t want to deal with hefty paperwork.
Advantages and disadvantages
Rocket Loans is a reliable lender known for the fast process and easy application. By comparing the advantages and disadvantages of our Rocket Loans Personal Loans Reviews, you can make a final choice that matches your preferences.
Advantages:
- Convenient and straightforward application process that can be completed online.
- You can get the money the same day you applied for a loan. However, there are specific criteria to meet to be eligible for this.
- Available discount if you choose the auto payment option.
- There is a prequalification option to be completed online, which does not impact your credit score.
- Suitable for poor credit score.
- The minimum amounts for borrowing are low.
Disadvantages:
- No co-signer is allowed.
- Only two loan terms are available.
- You need to cover the origination fees, ranging from 1-6% of the amount borrowed.
Final thoughts
After going through our detailed Rocket Loans Personal Loans Reviews, you will get familiar with the terms and conditions. We understand that each situation is unique, so make sure to check the details carefully and decide if it suits your specific needs. However, keep in mind that they are primarily available for general needs. This means that they intended for one of the following purposes: vacation, car repairs, debt consolidation, home improvement, or medical bills.
