Why Choose BetterLoanChoice?

For fifteen years the team at BetterLoanChoice has been helping people with good and bad credit get approved for personal loans. We do not make loans, and we do not make credit decisions. Instead, we attempt to connect you with participating lenders who offer loans. We have spent time analyzing the lending marketplace and have learned which lenders can help you and who wastes your time.

How we can help you if you have good credit

We review your inquiry, and based on your self-reported score and our evaluation of your information, we then connect you with the lender or lenders from our network who provide loans to borrowers with "good credit" (which is generally defined as a credit score of 600 or higher) who we believe may offer you a loan at a competitive rate. Lenders use many different scoring methods to evaluate your information, and the one you provide may not be the same one used by our participating lenders. If you are not accepted by a lender who provides a competitive rate, we will attempt to connect you with lenders who we believe are most likely to offer you a personal loan.

How we can help you if you have bad credit

We review the information contained in your inquiry. Based on our assessment, we then connect you with a lender or another loan matching site who we believe may provide you with a loan offer. Although we will always strive to connect a customer with a lender, this does not mean you will receive a loan offer. When you are connected to a lender, we recommend that you review all of the information on their website before accepting a loan offer.

There is no charge for you to use our service

Our process is free to use, and we will never charge you a fee for using BetterLoanChoice.com. We are paid by participating lenders and through other offers on our website, including a separate credit monitoring service. For example, when you decide to take advantage of the 7 day trial of credit monitoring in order to obtain your credit score, you may incur a $1 fee along with membership fees unless you cancel your subscription. In other words, if you do not opt out of the credit monitoring service within the prescribed time, you will be charged a fee for the service at that time and on an ongoing basis until you cancel. Please note, however, that you are not obligated to obtain the credit monitoring service, or any service, to complete our form.

We will not pull your credit score or history

We know that shopping for a loan can hurt your credit score. Each time you enter your information the lender may pull your credit score. When this is done, your credit score will drop. BetterLoanChoice does not pull your credit. This is why we offer two ways for you to do so without harming your credit: 1) to provide us with a recent credit score that you have recently received; or 2) to enroll in a 7 day trial of credit monitoring in order to obtain your credit score.

We want to assure you that BetterLoanChoice.com will never pull your credit report. However, if you are connected a lender, that lender may pull your credit which will result in lowering your credit score.

Your Choices

How much we help you is up to you. We enable an easy opt out system and if you choose that you do not want our promotional and informative emails you do not have to receive them. We want to help you, not bother you. Also, you may contact us anytime at info@betterloanchoice.com.