Our Connector Model
We operate a loan-request website that connects US borrowers with lenders and lending partners. We do not make loans, approve applications, set rates or fund accounts. A lender that receives your request decides independently whether to make an offer.
When you submit the request form, we may share your information with lenders and partners whose criteria could match your request for $500 to $5,000. Some partners are lenders; others are lending networks that may pass your request to their own lenders. Any offer you receive comes from a lender, is presented on that lender's own pages, and is governed by that lender's loan agreement. Our page on how the request process works walks through each step.
How We Are Compensated
Lenders and lending partners may pay us when they receive a request from our site, when a borrower is connected with them, or when a borrower accepts a loan. Using our service is always free for borrowers, and that payment is not added to your loan.
Compensation arrangements differ from partner to partner and can change over time. Some partners pay more than others. We do not receive money from you, and we do not charge a fee to submit, view or decline an offer.
How Compensation May Affect What You See
Compensation may influence which lenders and partners are in our network and the order in which partners receive a request or offers are displayed. It does not change the APR, fees or terms a lender decides to offer you.
Because of these arrangements, our network does not include every lender or every personal loan available in the market, and the first offer you see is not necessarily the lowest-cost one. Compare each offer on its total cost, including APR, fees and the number of payments, before choosing. If no offer feels right, you are free to look elsewhere, including at a local bank or credit union.
We Do Not Endorse Lenders
Showing a lender's offer is not an endorsement of that lender, its products or its customer service. We encourage you to research any lender before you sign, including its state licenses and complaint history.
Readers who search leap credit reviews before using a request service are doing exactly the right thing. Our guide to checking reviews of loan-request services explains how to look up complaint records and licensing for any company, including ours.
Rates and Terms Are Set by Lenders
Each lender sets its own APR, fees, loan amount, repayment term and eligibility rules. Those terms are shown in the lender's offer and agreement, which you should read in full before accepting.
Lenders base their decisions on factors such as credit history, income, existing debt, state of residence and their own underwriting policies. Two borrowers asking for the same amount can receive very different offers. Late payment, returned payment and origination fees, where charged, are set by the lender and must be disclosed in the loan agreement. Our rates guide explains how APR and fees combine into total cost.
Representative Example and APR Ranges
Mainstream personal loans commonly run from roughly 6% to 36% APR, and some short-term installment lenders charge more where state law allows. Your actual APR depends on the lender, your credit profile and your state.
Representative example: $2,000 borrowed over 12 months at 24% APR works out to about $189.12 a month, or about $2,269.43 in total (estimate only; your lender's offer may differ).
The example above is for illustration only. APR ranges and examples on our site are not offers and do not reflect the rate any specific lender will give you. Repayment terms on personal loans in our network commonly range from a few months to several years, depending on the lender, the amount and state rules. The personal loan calculator can help you estimate payments for other amounts and terms.
State Availability
Lender participation, loan amounts, APRs and terms vary by state. Some lenders do not lend in certain states, and state law may cap rates, limit fees or set minimum and maximum loan terms.
Because of these differences, the options available to a borrower in one state may not be available in another. A lender's offer should state that it complies with the rules where you live. If you have questions about a lender's license, your state's financial regulator can confirm it.
Credit Checks
Submitting our request form does not by itself create a hard inquiry with us, because we are not a lender. Lenders that review your request may check your credit, often starting with a soft inquiry that does not affect your credit scores.
If you accept an offer and proceed, the lender may run a hard inquiry, which can affect your credit scores. Lenders may also verify your identity, income and bank account using consumer reporting agencies or other data providers. The lender's disclosures explain which checks it uses.
Not Every Request Receives an Offer
Submitting a request does not mean you will be approved or receive an offer. Not every request receives an offer, and lenders decide independently based on their own criteria and the law in your state.
Funding timing is also set by lenders and banks. Many lenders deposit funds as soon as the next business day after approval and signing, but some take longer. Approval, loan amount and timing are never promised by our service.
Independence and Non-Affiliation
We are an independent service and are not affiliated with any lender, app or company that uses a similar name. Searches for leap credit loan options or similar names may lead to unrelated businesses, and we do not represent them.
We do not describe other companies' products as ours, and no lender in our network is owned by us. If you were trying to reach a specific company's account or support team, contact that company directly through its official website.
Our Editorial Content
Our guides and our comparison of online lenders are editorial content written independently of our lender network. Lenders do not review or approve those pages before they are published, and inclusion in a comparison does not mean a lender is part of our network.
Editorial pages aim to explain how personal loans work and how to compare them. Information about third-party lenders is based on publicly available sources and can change; always confirm current details on the lender's own website before applying.
