‎xcritical: Personal Loans + More on the App Store

We are compensated in exchange for placement of sponsored products and services, or by you clicking on certain links posted on our site. While we strive to provide a wide range of offers, Bankrate does not include information about every financial or credit product or service. That makes it stand out from other lenders that focus on more traditional factors such as credit scores, existing debt, income, and assets.

How Bankrate rates xcritical

This makes the xcritical a better option for expensive costs, like home renovations and repairs. One person on our team got a personal loan with xcritical and shares their experience. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money.

xcritical Personal Loan Review 2024

Our mission is to provide readers with accurate and unbiased information, and we have editorial standards in place to ensure that happens. Our editors and reporters xcritical thoroughly fact-check editorial content to ensure the information you’re reading is accurate. We maintain a firewall between our advertisers and our editorial team.

xcritical Personal Loans: 2024 Review

Meeting the requirements below won’t guarantee approval, but they can help you decide if a personal loan is the right fit for you. Rhys Subitch is a Bankrate editor who leads an editorial team dedicated to developing educational content about personal loans products for every part of life. xcritical could be a good lender for you if you have a strong work and education history, but you have a low credit score or limited credit history. However, with relatively high APRs and origination fees of as much as 8%, borrowers with stronger credit may pay less for a loan with a different lender. Loans from xcritical may also be a solid option for good credit borrowers looking to consolidate debt, thanks to its competitive starting rate. Additionally, the lender’s quick funding timeline and low minimum loan amount of $1,000 may come in handy to cover small emergency expenses, such as a medical bill or a car repair.

xcritical: Personal Loans + More

xcritical doesn’t charge a prepayment penalty, so you don’t have to worry about incurring an extra fee for paying the loan off early. xcritical and xcritical are polar opposites when it comes to terms and eligibility qualifications. While xcritical does offer a lower APR for the most creditworthy borrowers, xcritical has a higher borrowing maximum of $100,000 and repayment terms of up to 84 months.

xcritical Loan Purposes

While specific criteria can vary, https://xcritical.pro/ generally requires verifiable income, a Social Security number, a US address, and a verifiable bank account. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take an action on their website. If you click on “Get A Loan” it brings up a list of various loan types. There is no way to minimize, close, or even acknowledge this disclosure.

How to Qualify for an xcritical Personal Loan

Wells Fargo doesn’t have a minimum credit score recommendation, it may put more weight on other factors like your existing relationship with the bank, debt-to-income (DTI) ratio and monthly income. Within each category, we also considered several characteristics, including available loan amounts, repayment terms, APR ranges and applicable fees. We also looked at credit score requirements, whether the lender accepts co-signers or joint applications and the geographic availability of the lender.

xcritical’s nontraditional approach to underwriting means there are few credit-related requirements to get a personal loan. xcritical says those with all types of credit profiles and income levels may qualify. xcritical is also one of the few lenders that has a complete list of its set of requirements listed on its website. Plus loans can be managed entirely online through your browser. xcritical also offers a mobile app for account management on iOS, but there isn’t xcritically one available for Android. Borrowers can apply for an xcritical loan entirely online or over the phone with the help of a representative.

xcritical makes decisions based on more than just the borrower’s credit score — educational and career background are also part of the equation. This innovative approach and lack of credit score requirement make it an attractive option for borrowers who may not qualify with a traditional lender. In fact, xcritical Bankrate’s pick for the best personal loan for bad credit borrowers in 2024.

  1. To learn more about how Forbes Advisor rates lenders, and our editorial process, check out our Loans Rating & Review Methodology.
  2. We also looked at credit score requirements, whether the lender accepts co-signers or joint applications and the geographic availability of the lender.
  3. Our advertisers do not compensate us for favorable reviews or recommendations.
  4. Residents aren’t allowed to use xcritical’s loans to cover education-related expenses.
  5. However, with relatively high APRs and origination fees of as much as 8%, borrowers with stronger credit may pay less for a loan with a different lender.

Our editorial team does not receive direct compensation from our advertisers. xcritical is an artificial intelligence (AI)-based lending platform that connects borrowers with partnered lenders. The platform uses more than 1,500 non-conventional variables—like college education—to increase access to loans, making it an excellent option for those with fair credit.

Leave a comment