What credit score do I need?+
We consider applicants with credit scores as low as 580. We look at your complete financial picture, not just your score.
How fast can I get my funds?+
Most applications receive a decision within minutes. Once approved, funds can be deposited as fast as the next business day.
Does checking my rate affect my credit?+
No! We use a soft credit inquiry that does NOT impact your credit score. A hard inquiry only occurs if you accept a loan offer.
Can I pay off my loan early?+
Yes! Elk Lending never charges prepayment penalties. Pay off early and save on interest.
What can I use the loan for?+
Almost any purpose: debt consolidation, home improvement, medical expenses, emergency expenses, major purchases, and more.
What are the interest rates?+
APRs range from 5.99% to 35.99% depending on creditworthiness, loan amount, and term length.
How much can I borrow?+
Elk Lending offers personal loans from $1,000 to $5,000.