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What is the minimum credit score for Peerform?

Peerform Requirements Application Details Minimum credit score: 600. You must have a FICO credit score of at least 600 to be approved for a Peerform personal loan.

How does Peerform work?

Peerform, an online lender that once offered peer-to-peer personal loans, no longer accepts new loan applications. The lender offered mid-sized loans to consumers with fair and bad credit (scores below 690) using the peer-to-peer model, by which a lender connects borrowers with investors who can fund their loans.

How long does it take to get money from a Peerform personal loan?

Apply for a Peerform Personal Loan Peerform requires that borrowers have a credit score of 600 or above and a maximum debt-to-income ratio of 40%. Borrowers must not have current delinquencies or a recent bankruptcy, and they must have opened at least one revolving credit account.

Do you need good credit for peer-to-peer lending?

P2P Credit offers personal loan access to borrowers with bad credit. Traditional banks often deny loan applications from borrowers with credit scores less than 680. However, with peer to peer lending, you are likely still eligible to get a loan with a fair interest rate even if you have bad credit.

Is Peerform still in business?

Peerform is no longer originating new personal loans, so if you arent an existing customer, youll have to look elsewhere to get one.

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What is the minimum credit score for Peerform?

Peerform Requirements Application Details Minimum credit score: 600. You must have a FICO credit score of at least 600 to be approved for a Peerform personal loan.

Who can invest in Peerform?

In order to invest on Peerform, you must be an accredited investor.

What are the requirements for Peerform?

Apply for a Peerform Personal Loan Peerform requires that borrowers have a credit score of 600 or above and a maximum debt-to-income ratio of 40%.

What do you need for Peerform investing?

Peerform caters to borrowers with low credit scores. All you need is a minimum credit score of 600.

Can you pay off a Peerform loan early?

Peerforms alternatives and competitors Peerforms top competitors include Avant, Zirtue, and OnDeck Capital. Avant provides access to a full suite of digital financial solutions, including personal loans, credit cards, mobile banking, and auto refinance, to everyday American c

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What is the minimum credit score for Peerform?

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