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How to get a small dollar loan: 3 steps to find one and apply
Here’s where you can get a small dollar loan.
Shopping around with multiple lenders is truly the key to getting the best rate for your loan. Each lender will offer different incentives, perks and rates. When I was applying for a loan to get a car, I checked with a minimum of three lenders — including a credit union — to ensure I was getting the best rate for the long term.
— Hannah Smith
Hannah Smith is a Bankrate editor specializing in personal loans. They are meticulous in their approach to ensuring users can navigate the complexities of loans with the most up-to-date and accurate information.
Prior to joining the Bankrate team, Hannah was an editor for House Method where they edited and published over 400 articles aimed at helping readers make informed decisions on home renovations and services.
Hannah currently lives in Raleigh. When they are not editing, they enjoy walking with their dog, playing tabletop games and reading.
Shopping around with multiple lenders is truly the key to getting the best rate for your loan. Each lender will offer different incentives, perks and rates. When I was applying for a loan to get a car, I checked with a minimum of three lenders — including a credit union — to ensure I was getting the best rate for the long term.
— Hannah Smith
Here’s where you can get a small dollar loan.
Here’s how to qualify for a low-interest personal loan.
These loans don’t require collateral and typically charge higher interest rates.
Making a plan to manage your loan will set you up for success.
SoLo funds is best for those that are looking for peer-to-peer lending for smaller loans.
Reach Financial is best for those who want to consolidate their debt. However, the lender doesn't disclose many of its eligibility requirements and loan details.
Only graduate students are eligible for a student loan with Prodigy Finance.