Trusted Personal Loans Review 2020

By: Heather Hanks Feb. 01, 2020

Searching for the right lender to borrow a personal loan from can be hard. Trusted Personal Loans can make your decision easier. All you have to do is enter your information into their website. The company will take your information and connect you with lenders you qualify for. It’s the mother of all search engines when it comes to possible personal loan lenders.

Trusted Personal Loans can help save you time when it comes to shopping around for the best possible loan. They work with multiple affiliates and do your homework for you. The downside is that you won’t be borrowing directly from Trusted Personal Loans. But this is a small price to pay if you truly want to weigh your options. Here is everything you need to know about Trusted Personal Loans and whether it’s the right service for you.

Trusted Personal Loans Review 2019

What is Trusted Personal Loans?

According to the website, the company refers to themselves as an online portal that allows customers to get in touch with lenders. They make it very clear that they do not offer personal loans through their company. They will direct you to your loan provider if you have questions regarding your account. The company also does not charge you for their services. This is because you are not borrowing directly from them. The company's only goal is to help connect you to possible lenders and nothing more.

The company makes money by taking advertising fees from lenders and marketing their services to you. They receive compensation in the form of referral fees. This ensures that the service they provide to you will always be free. The company states on their disclosure page that the offers you receive might come from companies that bid the most for your information.

This means that the company you are matched with might be the highest bidder and not necessarily the company that is best suited for you. Trusted Personal Loans admits that they do not always provide you with offers that feature the best rates or terms. You will need to do your research and pick the offer that is best for you based on the options they offer you.

Additional research outside of using Trusted Personal Loans may be warranted to find the best loan terms. Because the service is free, you could always use it to weigh your options and do additional research if you are not happy with the selections you're offered. If you choose to sign up for a loan that you were connected to by Trusted Personal Loans, then you will need to work directly with that lender moving forward.

Why Use Trusted Personal Loans?

When you're ready to take out a personal loan, it's best to shop around for the best rates. Instead of spending hours searching on each lenders website individually, Trusted Personal Loan can do it all for you in one step. This saves you time and even money when searching for the best lender.

Trusted Personal Loans connects you to lenders that will work with you based on your eligibility. The company states that they will find a lender for you no matter what your credit score is. As noted above, Trusted Personal Loans will only provide you with lenders that paid to advertise with the company. In other words, you may not be disclosed all of the loan providers who will work with you. But you will cut down an additional time needed to research all of your options.

Trusted Personal Loans guarantees that you'll see all your rates up front with no hidden fees. This makes selecting a loan provider an easy process. If you're not satisfied with the rates and terms that you are provided with, then you can do your own research to come up with better options. There is no fee associated with using this service. Once you choose a lender to work with, then you will no longer be working with Trusted Personal Loans.

Loan terms may range from periods as short as two months to as long as 60 months. Repayment dates are often monthly, but some lenders offer bi-monthly payments. Anyone in the United States can use Trusted Personal Loan to find a loan for them.

Key features of loan terms from Trusted Personal Loans

There are no hidden fees or prepayment penalties!

Loan terms range from 2 to 60 months

Loan amounts range from $200 to $40,000

APRs range from 25% to 450% depending on your credit score

Interest rates may vary depending on the state you live in, your age, and your financial income

The application process takes three minutes or less

You can expect to receive your funds in as little as one business day

Personal loans are offered through banks and other lenders that are affiliates of Trusted Personal Loans who pay for your information

You can be approved within minutes

How Does Trusted Personal Loans Work?

Trusted Personal Loan does not directly provide you with a personal loan. They work by connecting you to lenders who do. These lenders are matched with you based on your personal information and needs. Once you choose a lender to work with, you will need to contact that lender directly if you have questions about your account moving forward.

To get started, visit the Trusted Personal Loan website. The company will ask you general questions about your personal and financial activity. They promise to connect you to lenders that offer between $200 and $40,000 in personal loans. The amount of money that you qualify for will be based on your credit score. Other factors that determine your interest rate and loan terms include your current income and how much debt you owe.

Trusted Personal Loans state that they will find lenders to work with you no matter what your credit is. Your loan information is secure and confidential. You can also use the money on anything you wish. Some lenders require the money you borrow to be spent on specific needs. Trusted Personal Loans and their affiliates will not dictate how you spend your funds.

Loan purpose may include any of the following:

● Automotive related
● Baby adoption
● Credit card
● Debt consolidation
● Education
● Emergency related
● Home bills or rent
● Home Improvement
● Major purchases
● Medical
● Moving expenses
● Renewable energy
● Small business expenses
● Taxes
● Vacation
● Wedding
● Other

Applying to Trusted Personal Loans

  • Basic set of information
    The first basic set of information you'll need to input is your loan amount, your loan purpose, and your credit score.
  • Then you'll need to input your credit score. You can choose between the following options:

    ● Excellent (720+)

    ● Good (660+)

    ● Fair (600+)

    ● Pour

    ● Not sure

  • Finally, you'll be asked and put your ZIP code, the last four digits of your Social Security number, and your birth year
    Once you enter all of this information, you will be connected with loan options based on the criteria you provided. Factors that may determine your lending options may include your credit history and the state you live in. Your age and current financial income may also play a role.

What Does Trusted Personal Loans Cost?

It is 100% free to use Trusted Personal Loan. The company serves as a connection website to connect you with possible lenders. It works like a search engine by taking your information and matching you to personal loans for free. The company claims that they are an online portal customers can use to help educate them about their options. There are no fees associated with using the service whatsoever.

Trusted Personal Loans will never ask you for money. If you are asked for money, then you may be on the wrong website or it may be a scam. The only time you will ever need to pay is when you sign up with a lender. Once you choose an option provided to you, then you will be done using the Trusted Personal Loan website and service. This means that you will need to work directly with the lender going forward.

Trusted Personal Loans is not responsible for any loan terms that you are offered. You are matched with lenders based on the criteria you provide. These lenders may only be companies who have bid the highest for your information. Keep in mind that there may be better options available to you elsewhere.

Companies that have not signed up to use the Trusted Personal Loan service will not be offered to you. It's always a good idea to do some research on your own in addition to using the Trusted Personal Loans website to view all of your options before making a decision.

How Do I Apply Trusted Personal Loans?


Visit their website and fill out the information requested.

This may include general information such as your name, date of birth, and address. You will need a bank account to apply. You will also need to be over the age of 18. It's a good idea to check to make sure that the company offers services in the state you live in.


To apply for a loan, you may need to get your paperwork together first.

Doing so can speed up the amount of time in which you receive your funds. It's a good idea to have the following documents handy before applying:

Tax forms

Pay stubs

W2 forms

Tax records

Your social security number

Proof of your identity and income

Military affiliation

Employment status


After you enter this information, Trusted Personal Loans will use it to provide you with a list of possible lenders.

They may do a soft credit pull on you. This does not affect your credit score. You will not pay any fees until you sign an agreement form with the lender of your choice. Once you apply for a loan, that lender may do a hard credit check on you. This may affect your credit score. It's a good idea to make sure that you wish to use a certain lender before having a hard credit check pulled. Using Trusted Personal Loans to weigh your options is a good place to start. The service is 100% free and requires nothing more than a bit of your personal information. Otherwise, you may have to enter this information several times into each lenders website to disclose their loan terms.

Pros and Cons of The Trusted Personal Loans

The biggest advantage to using Trusted Personal Loan is that it's free. The service works by connecting you to possible personal loan lenders. You are not obligated to choose any of the options provided to you. it works similarly to a Google search engine. Once you enter your information, you will be connected to matching personal loan and lenders. The only time you will need to pay is when you sign up with a certain lender.

The disadvantage of using Trusted Personal Loans is that you will only be shown lenders who pay for your information. Keep in mind that there may be better options available for you but you will need to find them on your own. Most people use Trusted Personal Loans to save time when shopping around. It may be worthwhile to inquire about options directly from the lender itself instead of using the Trusted Personal Loans website.

Trusted Personal Loans cannot answer any questions you have about the options provided to you. They are merely a connection service or an online portal that connects you two possibilities. Your loan terms and rates may vary depending on the lender you choose. Trusted Personal Loans is not responsible for providing any of the loan terms to you. Contacting them will not change your rates or terms.

The company does not offer services in all states. If your state is not registered with the company, then you will need to do your own shopping around for a personal loan. Using Trusted Personal Loans can save you time and effort when it comes to shopping for a loan. Here are some pros and cons of using the service.

Here are some of the pros and cons of working with The Trusted Personal Loans.

PROS of the Trusted Personal Loans

  • Saves time - Trusted Personal Loan combines all of your personal loan options together in one place. This saves you time and effort when it comes to shopping around for a personal loan. Without the service, you would need to search each lender individually to determine whether or not you're eligible for a loan. Having all of this information provided to you in one place is very convenient. It also allows you to compare lenders without having to compile more resources.

  • The application process is easy. You'll need to input basic information, such as your name, address, and credit score. The company also requires you to enter the reason for your personal loan. But they will not dictate how you spend your money. The company may also pull a soft credit check on you to determine your credit score. The entire application process should take less than three minutes.

  • The website states that you should have your funds within the next business day if you qualify.
  • The company connects you to lenders who pay for your information. These lenders are more likely to work with you and your rates because they are hungry for your business. In most cases, your loan terms will depend on your credit score. Trusted Personal Loans states that you will be connected to a lender no matter what your credit score is. This means that you will always find someone who will work with you when using this service.
  • You can borrow as little as $200 or as much as $40,000. Again, this amount will depend on your eligibility. The company does not dictate how you use your money. You can also be connected to a lender who offers longer loan terms so you are not forced to pay large monthly payments.
  • Using Trusted Personal Loans as a connection service means you'll be exposed to more flexible rates. Companies are essentially bidding for your information. This puts you in the driver's seat when it comes to making a decision about which lender you will go with. This is especially true if you have good credit. On the other hand, the company promises to connect you with lenders who will work with you even if your credit is not perfect.

CONS of the Trusted Personal Loans

  • Trusted Personal Loans itself does not offer personal loans. Instead, they connect you to lenders who do. This means that you will not be working directly with Trusted Personal Loans. Any questions you have regarding your loan options will need to be directed toward the loan provider. Some people find it to be too much work to enter their information twice. This is because your lender may require additional information from you that you did not already enter into the Trusted Personal Loans website. The company promises that they do not disclose your personal information except to lenders that they work with.

  • Trusted Personal Loans only connects you to lenders who have paid them. This means that there may be better options available for you, but you will not find them using the Trusted Personal Loans website. The company always recommends that you do your own research when it comes to shopping for a personal loan. Many people find that this defeats the purpose of using the search engine all together.

  • The loan terms provided to you through the Trusted Personal Loans website may be different than what you come across using the lender directly. In some cases, it's best to work directly with the lender to ensure your rates and terms. Getting to know your lender specifically may influence how they work with you. A local lender may be more likely to give you a discount for choosing them as opposed to going through a search engine to find them. You may also get a discount by using your current bank for a personal loan instead of going with another company.

Conclusion about The Trusted Personal Loans

Leave a comment


CreditNervana promises to keep our information as accurate and up-to-date as possible. However, you should always consult a financial advisor for specific questions about personal or business finances and investment opportunities, especially if you are looking in your area. Working with a trained professional who is familiar with your case is a safe and guaranteed way to make the best investment decision possible. Please review our terms and conditions before making any decision based on the information we provide. Financial institutions are constantly changing. Because of this, it’s a good idea to cross check the information you read here with any company you are considering working with.


Send us message

Copyright 2017 CREDITNERVANA © All Rights Reserved