King bell
VIP Contributor
Loan apps are better alternatives to payday loans or credit cards while eliminating the high fees. But they can be quite a bit more expensive than some other alternatives. So with that in mind, here are five loan apps that are worth their price tag.
1.) Lending Club
-Lending Club offers an annualized return of 7-13%. This means you can earn anything from 3% to 13% each year on your investment with them as well as pay off your company loan sooner rather than later! The downside is that it takes a long time to withdraw money from this company loan.
2. ) Prosper
- With an average annual return of 5.06 percent, Prosper offers some of the best returns on personal loans on the market today. This can be explained by the fact that you don't pay any origination fees since all loans are backed by the borrowers' creditworthiness, not collateral or cash value.
3.) Upstart
-Upstart is a loan app that offers less than many competitors while investing in your education at the same time. You can make 5 to 9 percent annually and apply for a loan as little as $5,000 if you go through Upstart.
1.) Lending Club
-Lending Club offers an annualized return of 7-13%. This means you can earn anything from 3% to 13% each year on your investment with them as well as pay off your company loan sooner rather than later! The downside is that it takes a long time to withdraw money from this company loan.
2. ) Prosper
- With an average annual return of 5.06 percent, Prosper offers some of the best returns on personal loans on the market today. This can be explained by the fact that you don't pay any origination fees since all loans are backed by the borrowers' creditworthiness, not collateral or cash value.
3.) Upstart
-Upstart is a loan app that offers less than many competitors while investing in your education at the same time. You can make 5 to 9 percent annually and apply for a loan as little as $5,000 if you go through Upstart.
