Integra Credit Personal Loan Review

3.0

LendingTree Rating

Accessibility

Rates & terms

Repayment experience

Jump to: Our Methodology

Our Methodology

To come up with our star rating for personal loan companies, LendingTree considered 22 data points across three categories: accessibility, rates & terms and repayment experience. The data points reflect every step of the process to shop and apply for, borrow and repay personal loans. A five-star lender, for instance, has flexible eligibility requirements, offers you the chance to prequalify without commitment and supports you in zeroing your balance.

The 22 data points, culled from the lenders themselves, determine the overall rating. We score lenders consistently, sometimes awarding partial points, so that you can make apples-to-apples comparisons when shopping around.

LendingTree isn’t paid for conducting these reviews, and lenders don’t have control over their content. With our reviews and ratings, we aim to give our users the objective and exhaustive information they need to make the best possible decisions.

Integra Credit

APR

149.00%-399.99%

Loan Terms

10 to 18 months

Loan Amount

$500-$3K

Our Verdict

If you have bad credit, Integra Credit might seem like your only choice. But with APRs that can reach almost 400% and short repayment periods, you should consider more affordable financing options.

Get Your Rate

Terms & Conditions apply
NMLS#1136

  Read more about how we rated Integra Credit.

Integra Credit is a lender that specifically caters to consumers with bad credit. Its annual percentage rates (APRs), terms, amounts and fees all vary depending on the state you live in.

• No impact to your credit: Integra Credit allows you to apply for a loan with no impact to your credit score. This is known as a soft credit inquiry.
• Limited availability: This lender only offers loans in 26 states, which will exclude many potential borrowers.
• High APRs: If you live in a state that Integra Credit services, you can expect to pay a hefty sum in interest — Integra APRs range from 149.00% to 399.99%. Financial advocates generally agree that the maximum affordable APR is 36%.
• Small loan amounts: Integra Credit only offers small loans that range from $500 to $3,000, depending on where you live. If you’re looking to borrow a larger sum, you’ll need to look elsewhere.
• Short repayment terms: If you borrow money from Integra Credit, you’ll only have 10 to 18 months to repay it. The terms of your loan will depend on where you live.
• Best for bad-credit borrowers: Integra Credit may be an option for consumers with bad credit who have trouble qualifying for other types of credit. However, due to the cost of borrowing, it’s best to avoid this lender if possible.

Integra Credit pros and cons

While Integra Credit does offer some positives, they may be overshadowed by this lender’s significant downsides.

While most lenders offer personal loans in amounts of $1,000 or more, Integra Credit provides loans as small as $500 in some states. Consumers that apply for an Integra Credit loan can receive their funds within 24 hours after signing their loan agreement, which can help borrowers in need of access to quick cash. You can also repay your loan before its due and not have to worry about being charged a prepayment penalty.

On the other hand, Integra Credit provides APRs that can be as high as those for a payday loan. And while traditional personal loans come with repayment terms that typically range from 12 to 144 months, Integra Credit only offers terms from 10 to 18 months. The high APR and short repayment period could make an Integra loan difficult to repay.

Before applying, be sure this lender services your area. Integra Credit only operates in the following states:

Integra Credit requirements

Not only do you have to live in a state where Integra Credit operates, but you’ll also have to be of legal age to sign a contract where you live (typically 18 years old).

If Integra Credit’s loan options won’t work for your borrowing needs, be sure to shop around for a lender that helps you meet your financial goals and can offer you the best-fitting rates, terms and amounts.

How to get a loan with Integra Credit

While you will have to create an account with Integra Credit, the overall application process is simple with a quick funding timeline.

Create an account

To get an Integra Credit loan, you’ll first need to create an account with the company. You’ll need to provide some of your personal information — such as your name, email and phone number — as well as your state of residence and how much you plan to borrow.

Fill out an application

Once you’ve created an account, you’ll fill out an online application and supply income information. To verify your income, you may need to provide documentation like recent pay stubs, bank statements or W-2s.

You’ll also need to give your address, Social Security number and driver’s license information during the application process. After you submit your application, Integra Credit will perform a soft credit inquiry, which won’t impact your credit score.

Close on your loan

If Integra Credit chooses to approve your loan request, you’ll need to sign your loan documents and accept the loan. After this, Integra Credit can typically deposit your money within 24 hours.

If you’re struggling to qualify for a personal loan, work on boosting your chances of getting approved. This can include cutting down on the amount of debt you carry or making sure to submit payments on time to increase your credit score.

How Integra Credit compares to other personal loan companies

Even if you believe Integra Credit aligns with what you’re looking for in a personal loan, it never hurts to shop around and compare other lenders. Here’s how Integra Credit stacks up against similar personal loan lenders.

How we rated Integra Credit

To come up with our star rating for personal loan companies, LendingTree considered 22 data points across three categories:

• Accessibility: We paid attention to whether lenders offered loans to nontraditional borrowers, as well as those without excellent credit scores. We also checked if lenders offered soft credit pulls, and whether they were transparent about eligibility criteria other than credit scores.
• Rates and terms: We wanted to know if lender rates, terms, amounts and fees were not only transparent, but also competitive.
• Repayment experience: We based this category on lenders’ reputations, customer support availability and unique benefits.

The data points reflect every step of the process to shop and apply for, borrow and repay personal loans. A five-star lender, for instance, has flexible eligibility requirements, offers you the chance to prequalify without commitment and supports you in zeroing your balance.

The 22 data points, culled from the lenders themselves, determine the overall rating. We score lenders consistently, sometimes awarding partial points, so that you can make apples-to-apples comparisons when shopping around.

LendingTree isn’t paid for conducting these reviews, and lenders don’t have control over their content. With our reviews and ratings, we aim to give our users the objective and exhaustive information they need to make the best possible decisions.