Editorial Rating

HonestLoans Review 2020

A search for personal loans is incomplete without a thorough comparison of the annual percentage rate (APR) offered by different lenders. Independent scanning of different websites for finding the lowest APR is no easy feat because you need to ensure that the loan offer suits your unique financial needs and budget. Loan comparison websites like HonestLoans.net can make your job easier by facilitating offers from multiple lenders through a single search.

HonestLoans.com Review

HonestLoans.net has gained the trust of hundreds of borrowers across California as a reliable website for loan comparison. However, residents of other states might not find this website too useful because not too many lenders from other states are included in their pool of lenders. The site has instant online application and approval, a wide loan range (Between $400 and $50,000), and borrowers with poor credit scores can still apply as well.

Your search for an attractive personal loan deal is more comfortable and quicker with websites like HonestLoans.net because you can expect to get loan offers from multiple lenders by filing a single loan application. Since the loan offers will be based on your personal financial information, they will be customized as per your financial requirements. Thus, if you’re looking for a small loan of even $1000 to renovate your home, availing it at attractive rates becomes easier with HonestLoans.net. 

Now, the sheer range of the loan amount allows HonestLoans.net to provide both long-term installment loans as well as short-term loans like payday loans. You have the option to pay off the loan within a few months or up to 3 years, depending on your situation.

Users have to keep in mind that HonestLoans.net isn’t a lender or broker, which excludes it from the credit decision making process. They only generate leads for their network of lenders and are only concerned with providing accurate information pertaining to loans. Additionally, this service isn’t available in all states. So be sure to double-check before applying.

The loan application and approval process are simple and uncluttered. You’ll need to fill out a short form. You will have to provide details like your name, phone number, email, SSN, driving license number, employer details, and bank account number. HonestLoans.net securely shares this information with its pool of trusted lenders using a 256-bit SSL technology. All of your personal and financial information is transmitted in an encrypted format. The time between filing a loan application to its approval is not more than 5 minutes. Yes, loan approval is quicker and easier on HonestLoans.net.  Expect to receive an email from a lender along with their terms within a few minutes’ time.

After receiving the terms, it is always advisable to go through it carefully and accept it only if you’re satisfied. Since HonestLoans.net does not take any responsibility for loan approval or disbursal, you must enquire about everything directly with the lender. Accepting or rejecting the lender’s terms is your sole discretion, and HonestLoans.net will not play any role in it.

The loan amount is credited to your checking account within one business day. However, it could be delayed depending on numerous other factors like loan amount and further documentation needs.

HonestLoans.com A Quick Snapshot

Loans Offered Fixed Interest Unsecured Personal Loans, Fixed Interest Unsecured Cash Advance Loans, Fixed Interest Unsecured Installment Loans, and Fixed Interest Unsecured Emergency Loans
Minimum/Maximum Amounts $400 to $50,000
Eligibility/Credit Score Steady monthly income, Valid SSN, Poor credit scores considered in most cases
APR 250% or Higher
Fees No Fees
Timeline For Approval Loans can be approved within 5 minutes of completing the application
How Secure Are they?
HonestLoans.net is secured through an industry-level 256-bit SSL technology, so your information is safe.


  • A huge pool of lenders in their network
  • Wide loan range between $400 and $50,000
  • Borrowers can apply for both payday as well as installment loans
  • Variety of loan term options
  • Super-quick loan application process
  • Top three credit rating agencies are not informed about the loan application


  • No direct lending by HonestLoans.net
  • Not available in all states
  • No APR list from lenders available on the website


If you intend to make a loan application on HonestLoans.net, then you must meet these eligibility criteria:

  • You must have a steady income through employment or benefits like SSI.
  • Your minimum monthly income has to be $800
  • You must be at least 18 years
  • You must be a permanent resident of the United States of America
  • You must have a valid SSN
  • You must have a valid driving license

Lenders can ask for more information before disbursing your loan, so you must enquire about this with your chosen lender. Even if you’ve filed for bankruptcy or have a poor credit score, you can still submit a loan application. You’ll be provided with a loan offer from lenders but with a little higher APR.


HonestLoans.net is an excellent option for borrowers shopping around for decent deals on personal loans. The initial loan applications are not shared with the top credit rating agencies saving your credit ratings from being affected. The loan application and approval take very little time (only 5 minutes), which is incredible. You can most likely find a willing lender offering a personal loan at attractive rates. HonestLoans.net can undoubtedly give you a head start in life.

Visit Site

Leave a Reply

  • APR Rate4.99% to 1386%,
  • APR Rate4.99% to 1386%,
  • APR Rate250% or Higher
  • APR Rate200% Plus