Jenius Bank Personal Loan Review
pros and cons
loans come with perks like no fees and quick funding, but its loans aren’t available to everyone. Here’s what you need to know.
Pros
- No fees
- Next-day funding possible
- 0.25% rate discount for using autopay
- Check rates without impacting credit
Cons
- Can’t apply with another person
- Need good credit to qualify
- Borrowers with excellent credit can likely get lower rates with another lender
Jenius stands out in the personal loan marketplace by not charging any fees. There are several lenders that don’t charge origination fees, but it’s rare for lenders to skip fees altogether. Many charge late fees or administrative fees. Of Jenius’ competitors, is one of the only other lenders that is truly fee-free.
However, Jenius loans are best for good-credit borrowers who can take advantage of their solid rates and lack of fees. You won’t qualify for a Jenius loan with fair or bad credit, and if you have excellent credit, you can find lower starting rates with other lenders.
requirements
How to get a personal loan with
- Check your rates. The first step to getting a loan with Jenius is to check your rates using the LendingTree marketplace. You’ll answer a few questions about yourself and the money you need. If you qualify, we’ll send you offers from up to five lenders, which may include Jenius. Note that, unlike other lenders, Jenius doesn’t allow you to apply directly on its website.
- Submit your application. If you like what you see, you’ll need to submit additional information to Jenius in a formal application. Jenius will pull your credit to check your credit history and send you your final loan offer if you qualify.
- Get your money. After you approve your offer and sign your loan agreement, Jenius will send you your money as soon as the next business day.
How compares to other personal loan companies
Even if you believe aligns with what you’re looking for in a personal loan, it never hurts to shop around and compare other lenders. Here’s how Jenius stacks up against similar personal loan lenders.
| Lender | Discover | ||
|---|---|---|---|
| LendingTree’s rating | /5 | /5 | |
| Minimum credit score | |||
| APRs | (with autopay) | 7.99% – 24.99% | |
| Loan amounts | $2,500 – $40,000 | ||
| Repayment terms | months | months | 36 to 84 months |
| Origination fee | No origination fee | ||
| Funding timeline | Get money as soon as the next business day | Get money as soon as the next business day | May receive funds as soon as the next business day |
| Bottom line | Jenius stands out from similar lenders by not charging any origination or late fees. However, its starting rates are on the high end and you’ll need good credit to qualify. | offers loans for bad credit and has competitive starting rates for borrowers with strong credit. You will need to pay upfront origination fees, though, and you can only stretch your payments out across months. | If you’re looking for a loan with longer repayment terms and repayment assistance options, Discover may be a good fit. However, you’ll need at least a good credit score to qualify. |
How we rated
We evaluate personal loan lenders on more than just interest rates. Our goal is to show how accessible, affordable, transparent and supportive each lender really is.
Our categories
Every lender is scored out of 5 stars, with 5 stars being the highest rating. LendingTree loan experts determine this score using dozens of underlying data points across four weighted categories covering the full borrowing journey.
We assess how easy it is for people to qualify and apply. This includes state availability, soft-credit prequalification, membership requirements, funding speed and whether borrowers with less-than-excellent credit can get a loan.
We evaluate how affordable the loans are based on minimum and maximum APRs, loan fees and rate discounts. Lenders with unclear or potentially predatory costs receive lower scores.
We consider repayment term flexibility, loan amount ranges and whether options like secured loans, joint loans or direct-to-creditor payments are offered — plus whether the lender clearly communicates these options.
We evaluate borrower experience after funding: customer service access, hardship or forbearance programs, payment flexibility and digital tools like mobile apps or credit monitoring.
Our process
We gather data directly from lenders through their websites, disclosures and direct communication with company representatives. Our editorial team verifies and updates information regularly. We value transparency and award less favorable scores when lenders obscure or omit details.
In some cases, our editors may apply a small adjustment (no more than 4% of the overall score) to account for factors not captured by the methodology. This could include J.D. Power customer satisfaction surveys, recent regulatory actions or features that stand out in ways our rubric doesn’t measure directly.
Our editorial team applies the same scoring model and standards to every lender. Lenders cannot pay to influence our ratings.
Frequently asked questions
Jenius Bank doesn’t charge fees of any kind, including origination fees.
There is no one best bank for personal loans. The best bank loan for you is the one that’ll give you the lowest rates with affordable monthly payments — the only way to know which bank will give you the best rates is to shop around for a bank loan.
You should also consider credit union loans. Like banks, credit unions tend to charge fewer fees, and federal credit unions cap their rates at 18.00% by law — half of the almost 36% max that many other lenders charge.
Jenius is a legitimate lender. As of publication, Jenius Bank reviews from LendingTree users are overwhelmingly positive, with 100% recommending the lender.
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