Monevo
Since 2008, Monevo Inc. (a division of Quint Group) has helped consumers find personal loans through their online loan marketplace in the UK. Starting in 2017, Monevo expanded their award-winning loan comparison services to borrowers in the United States.
To search for a personal loan through Monevo, you can simply visit their site and fill out a free application, which can take as little as 60 seconds. This step by step form allows you to choose the loan amount, term, and the purpose of your loan from a drop-down list.
Monevo’s award winning technology then forwards this information to their lending partners (who may or may not require this data for a loan) to see if they have any real-time loan offers that fit your needs. These lenders will run a soft credit check to see your credit score and verify your identity. This process only takes a matter of seconds and does not affect your credit score.
Program Variety
Monevo provides an online network that connects borrowers with top lenders, instead of directly providing the loans.
Monevo only offers a single type of loan: unsecured personal loans. However, that doesn’t mean that the lender is limited. Personal loans are highly flexible loans that you can use for almost any reason.
Services Available
Monevo provides their clients with the following services:
- Network of lenders offering loan amounts $500 - $100,000.
- Repayment terms of 12 months to 144 months
- APRs range between 2.49% to 35.99%*
Industry Reputation
Monevo is an accredited online marketplace that connects borrowers to lenders worldwide. Monevo’s lending partners offer loan amounts up to $100,000 and rates from 2.49% APR.
Consumers can compare multiple no-obligation personalized loan offers in 60 seconds with Monevo’s innovative loan search technology.
Positively reviewed service: As of June 12th, 2022, Monevo has a customer experience rating of 4.8 of 5 stars based on 3147 verified user reviews from the online comparison site Feefo, as well as a 4.3 out of 5 (“Excellent”) rating on Trustpilot over 44 customer reviews.
Benefits
- Fast approval: Be connected with a lender in minutes.
- Funds available as soon as next business day
- 100% free and no obligation service
- You can compare your offers through a transparent loan comparison table
- Process only takes a matter of seconds and does not affect your credit score.
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