EVEN Financial

Since 2014, EVEN Financial's free matching service has connected borrowers with some of the top lenders in the industry through an algorithm-based loan comparison marketplace.

EVEN Financial offers a variety of loans since they are partnered directly with top lenders like OneMain Financial, LendingClub, Prosper, Avant, Rise Credit, LightStream, Social Finance (SoFi), and Upstart. Borrowers can receive pre-approval from many of these lenders in just a few seconds, and they can use these loans for personal uses like debt consolidation or buying a home or car.

To apply via EVEN Financial, you must be a US citizen or permanent resident and at least 18 years old. You can see if you qualify at EVEN Financial's site through a simple one page form that asks basic questions, like your credit score, loan purpose, loan amount, zip code, contact information, and employment.

If you qualify, you will receive pre-approved loan offers for comparison within a few seconds and EVEN Financial's algorithm calculates your estimated monthly payment. Your personal information remains 100% secure, since their application page is encrypted with industry standard 256-bit SSL encyption in order to let you safely enter any financial information. However, they do send information to third parties and only work with trustworthy lenders.

EVEN Financial's partner lenders offer loans from $1,000 to $100,000 for consumers with a wide range of scores (primarily ranging from 580 to 800+). Those with credit scores lower than 580 may receive alternative loan options from EVEN Financial's partners, and the terms and rates may not be as desirable. EVEN Financial authorizes a soft pull on your credit score, which does not affect it.

You do not have to accept the loan right away, so feel free to take some time comparing each loan and their terms. You may want to discuss it with a professional or trusted family and friends before you decide on the right loan for you.

EVEN's lending partners provide your loan funds via direct deposit, so you may receive money as soon as the next business day.

Contact EVEN Financial:

Address: EVEN Financial, Inc 45 West 21st Street Floor 5 New York, NY 10010

EVEN Financial Pros

• 100% Free Service: EVEN Financial's loan matching service is 100% free and will not affect your credit score. They offer a free loan rate comparison service and no upfront or hidden costs.
• Save Time & Compare Offers From The Best Lenders: You can view and compare multiple lenders in just a few seconds after filling out a short application. You have access to top lenders from EVEN Financial and can easily shop for the best loan rates and terms for your situation.
• Trusted & Experienced Service: EVEN has processed over $5 billion in consumer applications (personal loans, mortgages, and credit cards), and originated over $200 million in personal loans in 2017 alone.
• No Negative Credit Consequences: The EVEN loan pre-approval process does not negatively affect your credit score (only a soft credit pull is performed).
• Additional Benefits: EVEN Financial provides additional tools such as a debt refinancing calculator.
• Accredited Service: EVEN Financial has had an A rating from the BBB (Better Business Bureau) since 2015. They have also received praise from the Wall Street Journal, the Finance Magnates, Dow Jones, and Crowdfund Insider.
• Free Educational Resources: EVEN's website also offers an FAQ section and an educational blog for borrowers who may have additional questions.

EVEN Financial Cons

• EVEN Financial is not a direct lender, so interest rates and loan terms are determined by the lenders in the online marketplace.
• Although EVEN Financial works with the top lenders, there are a limited number of providers. Be sure to look at all your offers before deciding on a personal loan.
• The pre-approved offers from EVEN Financial are not the final loan offers. Lenders perform a thorough check on your financial history before giving you a final offer.
• You may be sent additional offers and solicitation through email, phone, and mail.

EVEN Financial Pricing

• EVEN Financial is completely free to use. The loan amounts offered in their marketplace range from $1,000 to $100,000.
• EVEN Financial's loan marketplace APR starts at 4.99% and goes up to 35.99% (based on credit score). These rates are highly dependent on the lender.
• Loan terms can range from 2 to 7 years.
• Applicants must have a minimum credit score of 550, but there may be some scenarios in which those with a lower credit score can qualify. However, these terms may not be ideal for them and the APR will be much higher.
• Funds are provided through direct deposit (available as soon as the next business day).
• In order to receive the exact pricing and terms, you must contact your lender’s representative directly. This means that the refund policy differs from company to company.

Summary

EVEN Financial is a trusted online marketplace that helps borrowers find personal loans with some of the top lenders in the industry.

Their short application can be completed in a few minutes and quick pre-approval process makes finding the right personal loan for you simple.