Many consumers are enjoying the ease and anonymity of using online lenders. The application process is flexible and you can be approved in minutes right from the comfort of your own home.
Though the convenience is a huge plus, borrowers should still be aware of who they are entering into debt with. In part 1, we covered two lenders that are trustworthy, Lending Club and Avant. Here are two other top online installment lenders you can trust:
Prosper: This online lender funds its installment loans through peer-to-peer lending. It offers very low interest rates, however it is much more selective in who they approve.
PersonalLoans.com: This company has a network of lenders and matches you with a lender that’s part of its network.