Oct 22 (edited) • 💰 SECRET GEMS 💰
Personal loan Options
Credit unions
(soft-pull prequal + membership required)
- NASA Federal CU — “Check your rate” with no impact to score; bureau not disclosed; terms up to 84 mo. (NASAFCU, NASAFCU)
- Patelco CU — “Check your personalized rate” with a soft credit check; bureau not disclosed.
- (First Tech Federal Credit Union)
- First Tech FCU — Rate-check via soft pull; bureau not disclosed; typical min score guidance ~660 (third-party). (www2.firsttechfed.com, NerdWallet)
- PenFed CU — Pre-approval is typically soft pull (PenFed guidance); bureau not disclosed. (PenFed Credit Union)
- USALLIANCE FCU — Prequal with no impact to credit; bureau not disclosed (not stated publicly)
Tip: CUs seldom publish the exact bureau for prequal/hard pulls and may vary by state or product. Always expect a hard inquiry at final underwriting even if prequal is soft. (Investopedia)
Online / marketplace lenders (soft-pull prequal available in most cases)
- Prosper — Uses TransUnion for the initial credit report; min FICO ~660 (NerdWallet). Soft-pull prequal available. (Prosper Help, NerdWallet, Prosper)
- Upgrade — Uses TransUnion FICO 9; min FICO 580; allows DTI up to ~75% incl. mortgage (guideline). Prequal soft pull. (NerdWallet)
- Upstart — Considers applicants with no score; some partner banks list mins from 300–700 (varies by bank). Pull may come from one or more bureaus. Soft-pull prequal. (NerdWallet, drbankhelp.upstart.com, atlanticunionbankhelp.upstart.com, cpbhelp.upstart.com)
- Avant — Uses TransUnion (FICO 8 / VS 3.0); min FICO 550. Soft-pull prequal. (NerdWallet)
- Best Egg — Min FICO 600 (NerdWallet); soft-pull prequal. (NerdWallet, Best Egg)
- LightStream (Truist) — Min FICO 660 (NerdWallet); prequal not typical, but positions for good-excellent credit. (NerdWallet)
- LendingPoint — Min FICO 640 (NerdWallet/Forbes); soft-pull prequal. (NerdWallet, Forbes)
- SoFi — Soft-pull prequal; many sources cite ~650+ as typical minimum to be competitive. (SoFi Support, SoFi, Forbes)
- Happy Money (Payoff) — Min FICO 640 (publisher’s site); focuses on card-debt consolidation. (happymoney.com)
- Rocket Loans — Soft-pull prequal; lender guidance says typical mins are low-to-mid 600s. (Rocket Loans)
- OneMain Financial — No set minimum FICO; approves across the spectrum (often secured/unsecured, higher APRs). Soft-pull prequal varies by flow. (NerdWallet)
Notes & guardrails (useful in underwriting)
- “Soft-pull prequalification” lets you see indicative rates without score impact; expect a hard pull to finalize. (Investopedia, Discover)
- Bureaus can vary by state, product, and time. Even when a lender often uses (say) TransUnion, they may switch or pull multiple bureaus at funding. (Prosper explicitly cites TransUnion for the initial report; Avant and Upgrade disclose TransUnion usage.) (Prosper Help, NerdWallet)
- Minimum scores are not guarantees. Income, DTI, recent delinquencies, and file thickness are big levers; e.g., Upgrade lists DTI up to ~75% including mortgage, while LightStream expects robust overall profiles. (NerdWallet)
How to use this
- Start with soft-pull lenders to map likely approvals and rates without dings.
- Match bureau strategy to the client’s strongest report: if their TransUnion file is best, prioritize Prosper, Upgrade, Avant first. (Prosper Help, NerdWallet)
3.If thin/low credit, test Upstart (broad tolerance by partner), OneMain (no set min), or a friendly CU prequal. (drbankhelp.upstart.com, NerdWallet)
Source roll-up (per lender)
- Prosper — TransUnion pull; soft-pull prequal; min 620 (3rd-party). (Prosper Help, Prosper, NerdWallet)
- Upgrade — TransUnion FICO 9; min 580; DTI up to ~75%. (NerdWallet)
- Upstart — Accepts no-score; partner min-score pages show 300–700; bureau varies. (drbankhelp.upstart.com, atlanticunionbankhelp.upstart.com, cpbhelp.upstart.com)
- Avant — Uses TransUnion (FICO 8 / VS3.0); min 550. (NerdWallet)
- Best Egg Traunsunion— Min 600; soft prequal. (NerdWallet, Best Egg)
- LightStream — Min 660 (good-excellent credit). (NerdWallet) Transunion (HARD PULL)
- LendingPoint — Min 640 (NRDW); soft prequal. (NerdWallet)
- SoFi — Soft-pull prequal; typical min around 650 (Forbes). (SoFi Support, Forbes)
- Happy Money (Payoff) — Min 640 (publisher). (happymoney.com)
- Patelco / First Tech / NASA FCU / USALLIANCE — Soft-pull prequal with no score impact; bureaus not disclosed.
- OneMain — No stated minimum FICO (NRDW). (NerdWallet)
2
0 comments
Personal loan Options
skool.com/alkebulan-4670
Alkebulan helps you repair credit, structure your business, and build generational wealth. Each one teach one. Welcome to the Garden of Wealth.
Powered by