# Loanify (loanifyloan.com)

> Loanify offers U.S. borrowers fixed-rate online personal installment loans from $200 to $5,000, with APRs from 5.99% to 35.99%, terms of 3 to 36 months, a soft credit check to see rates, no prepayment penalty and funding typically the next business day after approval and signing.

## Key facts
- Product: online personal installment loans for U.S. borrowers
- Loan amounts: $200 to $5,000
- Terms: 3 to 36 months, fixed monthly payments
- APR: 5.99% to 35.99%, disclosed before signing
- Representative example: $2,000 over 12 months at 24.99% APR = 12 payments of $190.08; total repaid $2,280.94
- Rate check: soft credit inquiry, no credit score impact
- Funding: typically the next business day after approval and signing (not guaranteed)
- Fees: no application fee, no prepayment penalty; any origination fee (0%-8% on some loans) is included in the APR
- Loan types: personal loans, emergency loans, debt consolidation loans, loans for fair or rebuilding credit
- Availability: varies by state; loans may be made by Loanify or a licensed lending partner named in the loan agreement
- Content: written and fact-checked by the Loanify Editorial Team (see /editorial-policy/)

## Loans
- [Loanify personal loans](https://loanifyloan.com/personal-loans/): $200-$5,000 for planned expenses
- [Loanify emergency loans](https://loanifyloan.com/emergency-loans/): $200-$3,000 for urgent bills, fast funding
- [Loanify debt consolidation loans](https://loanifyloan.com/debt-consolidation-loans/): $1,000-$5,000 to combine card balances
- [Loanify bad credit loans](https://loanifyloan.com/bad-credit-loans/): $200-$2,500 for fair or rebuilding credit

## Key pages
- [How Loanify works](https://loanifyloan.com/how-it-works/)
- [Rates and fees](https://loanifyloan.com/rates-and-fees/)
- [FAQ](https://loanifyloan.com/faq/)
- [Lending disclosures](https://loanifyloan.com/disclosures/)
- [Responsible borrowing](https://loanifyloan.com/responsible-borrowing/)
- [About Loanify](https://loanifyloan.com/about-us/)
- [Editorial policy](https://loanifyloan.com/editorial-policy/)
- [Personal loan glossary](https://loanifyloan.com/learn/glossary/)

## Guides
- [Loanify loan requirements: what lenders check and why](https://loanifyloan.com/learn/loanify-loan-requirements/): What you need to qualify for a Loanify loan: age, residency, income, credit, debt-to-income ratio and the documents to have ready.
- [How to get approved for a small loan with Loanify](https://loanifyloan.com/learn/how-to-get-approved-for-a-small-personal-loan/): Eleven practical steps to improve your approval odds for a Loanify personal loan of $200 to $5,000, even with fair credit.
- [Understanding APR on small loans: a Loanify guide](https://loanifyloan.com/learn/understanding-apr-on-small-loans/): What APR means on a small personal loan, how it differs from interest rate and how to compare a Loanify offer with others.
- [Loanify guide: debt consolidation loan vs. balance transfer card](https://loanifyloan.com/learn/debt-consolidation-vs-balance-transfer/): Loanify compares a debt consolidation loan with a 0% balance transfer card: costs, credit needs, risks and worked examples to help you decide.
- [Emergency fund vs. emergency loan: a Loanify guide](https://loanifyloan.com/learn/emergency-fund-vs-emergency-loan/): Savings or a Loanify emergency loan? Learn the trade-offs, the cheapest options first and how to rebuild your emergency fund.
- [Is Loanify legit? How to verify any online lender](https://loanifyloan.com/learn/is-loanify-legit/): Is Loanify legit? Learn how to check any online lender, which disclosures to look for, and the red flags that signal a loan scam.
- [Loanify vs. payday loans: what's the real difference?](https://loanifyloan.com/learn/loanify-vs-payday-loans/): Compare a Loanify installment loan with a payday loan. See the real dollar cost, how rollovers work, and why fixed payments reduce risk.
- [Loanify loans for self-employed and gig workers](https://loanifyloan.com/learn/loanify-for-self-employed-and-gig-workers/): How freelancers, 1099 contractors and gig workers can qualify for a Loanify loan: income documents, averaging variable pay and tips to verify faster.
- [Loanify loans for car repairs: a practical guide](https://loanifyloan.com/learn/loans-for-car-repairs/): How to pay for an unexpected car repair: get estimates, negotiate, compare financing and use a Loanify loan responsibly. Includes cost examples.
- [Loanify loans for medical bills: reduce first, then borrow](https://loanifyloan.com/learn/loans-for-medical-bills/): Before borrowing for medical bills, request an itemized bill and ask about assistance. Then compare a Loanify loan with other options.
- [Loanify moving expense loans: budgeting for a move](https://loanifyloan.com/learn/loans-for-moving-expenses/): Plan the true cost of moving, from deposits to truck rental, and decide whether a Loanify personal loan makes sense. Includes a moving budget checklist.
- [Soft vs. hard credit inquiry: what happens when you check your Loanify rate](https://loanifyloan.com/learn/soft-vs-hard-credit-inquiry/): The difference between soft and hard credit inquiries, how long they stay on your report, how much they affect your score, and how Loanify uses each.
- [How a Loanify personal loan affects your credit score](https://loanifyloan.com/learn/how-personal-loans-affect-your-credit-score/): How a Loanify personal loan affects your credit score: the short-term dip, long-term benefits of on-time payments and credit mix.
- [Debt-to-income ratio explained: a Loanify guide](https://loanifyloan.com/learn/debt-to-income-ratio-explained/): What debt-to-income ratio (DTI) means, how to calculate it, what lenders like Loanify look for and practical ways to lower it.
- [How to pay off a Loanify loan early](https://loanifyloan.com/learn/how-to-pay-off-a-personal-loan-early/): Pay off your Loanify loan early with no prepayment penalty: extra payments, round-ups and windfalls, with real savings examples.
- [What to do if you can't make a Loanify loan payment](https://loanifyloan.com/learn/what-to-do-if-you-cant-make-a-loan-payment/): Can't make a Loanify loan payment? Who to contact, options to ask about, how late payments affect credit and how to prioritize bills.
- [Budgeting for loan repayment: a Loanify guide](https://loanifyloan.com/learn/budgeting-for-loan-repayment/): Build a budget that makes Loanify loan repayment easy: the 50/30/20 method, zero-based budgeting, sizing a safe payment and autopay tips.
- [Paying for holiday expenses: a Loanify guide](https://loanifyloan.com/learn/holiday-expenses-borrowing-guide/): Plan holiday spending, gifts and travel without a debt hangover, and learn when a small Loanify personal loan makes sense.
- [How much can you borrow with Loanify?](https://loanifyloan.com/learn/how-much-can-you-borrow-with-loanify/): Loanify loans range from $200 to $5,000. Learn what decides your offered amount, why first loans are often smaller and how to size a safe request.
- [Choosing your Loanify loan term: 3 to 36 months](https://loanifyloan.com/learn/choosing-a-loanify-loan-term/): How to choose a Loanify loan term from 3 to 36 months: compare monthly payments and total interest, and pick the shortest term your budget can handle.
- [Loanify vs. a credit card cash advance](https://loanifyloan.com/learn/loanify-vs-credit-card-cash-advance/): Compare a Loanify personal loan with a credit card cash advance: fees, APR, when interest starts and the real dollar cost of borrowing $1,000.
- [Loanify vs. buy now, pay later](https://loanifyloan.com/learn/loanify-vs-buy-now-pay-later/): Compare a Loanify installment loan with buy now, pay later (BNPL) plans: how they work, costs, late fees, credit reporting and which suits your purchase.
- [Loanify loans for home repairs: a practical guide](https://loanifyloan.com/learn/loans-for-home-repairs/): How to pay for an urgent home repair like a broken water heater or HVAC failure: get quotes, check insurance and warranties, and compare a Loanify loan.
- [Loanify loans for dental work: lower the bill, then borrow smart](https://loanifyloan.com/learn/loans-for-dental-work/): How to pay for dental work not covered by insurance: ask for a treatment plan, check dental schools and payment plans, and compare a Loanify loan.
- [Loanify loans for vet bills: paying for emergency pet care](https://loanifyloan.com/learn/loans-for-vet-bills/): How to handle an unexpected vet bill: ask for an estimate, check pet insurance and assistance programs, and compare payment plans with a Loanify loan.
- [What is an installment loan? How Loanify loans work](https://loanifyloan.com/learn/what-is-an-installment-loan/): What an installment loan is, how fixed monthly payments and amortization work, and how a Loanify installment loan compares with revolving credit.
- [Credit utilization explained: a Loanify guide](https://loanifyloan.com/learn/credit-utilization-explained/): What credit utilization is, how it affects your credit score and practical ways to lower it, from the Loanify Editorial Team.
- [How to read your credit report before applying with Loanify](https://loanifyloan.com/learn/how-to-read-your-credit-report/): Get free credit reports, understand each section and dispute errors before you apply for a Loanify personal loan.
- [Origination fees explained: a Loanify guide](https://loanifyloan.com/learn/origination-fees-explained/): What a loan origination fee is, how it's deducted, how it raises APR and how Loanify shows it on your offer before you sign.
- [Loanify loan autopay: pros, cons and safe setup](https://loanifyloan.com/learn/loan-autopay-pros-and-cons/): Should you put your Loanify loan on autopay? The benefits, the risks like overdrafts and how to set it up safely.

## Calculators
- [Loanify loan calculator](https://loanifyloan.com/tools/loan-calculator/): Monthly payment, total interest and a full month-by-month amortization schedule, including origination fees.
- [Debt-to-income (DTI) calculator](https://loanifyloan.com/tools/dti-calculator/): See your DTI today and after adding a new Loanify payment.
- [Debt consolidation calculator](https://loanifyloan.com/tools/debt-consolidation-calculator/): Compare paying down credit cards with a fixed-rate Loanify consolidation loan.
- [Loan affordability calculator](https://loanifyloan.com/tools/loan-affordability-calculator/): Find a comfortable monthly payment and the most you should borrow for your budget.

## Full text
- [llms-full.txt](https://loanifyloan.com/llms-full.txt): plain-text version of the main pages