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Rocket loans Overview
Rocket loans offer personal loans from $2,000 to $45,000 to borrowers who have bad or fair credit. RocketLoans offers personal loans to qualified borrowers in all 50 states. these loans are for debt consolidation, home improvements, medical expenses, and big business purchases.
At rocket loan, you will get some best features like same-day funding is available for up to $25,000. There is no prepayment penalty and the process is completely online.
Pros
- Loan amount starting from $2,000-$45,000.
- Soft Pull Credit check is available
- Rocket loans offers no pre-payment panalty
- Rocket loans offers rate discount for autopay. alertSuccess}
Cons
- Rocket loans do charges an origination fees 1 – 6%
- Rocket loans does not offer direct payment to creditors with debt consolidation loans.
- No option to choose or change your payment date and No co-sign, joint or secured loan option. {alertError}
Can Be Used as Debt Consolidation Loan
Rocket loans offer personal loans for many purposes such as debt consolidation, home improvements, and big purchases. So if you are looking for a big loan amount then Rocket loans can be the best option for you if you have a bad credit score.
Annual Interest Rate and Fees
Rocket loans come with an APR ( Annual Percentage Rate ) of 5.97% – 29.69%. Which will depend upon your credit score and your creditworthiness.
Minimum Credit Score Required
Offered Loan Amount
Eligibility Criteria
Required Documents
- Valid Identity Proof, VIsa
- Have to provide a DOB.
- Valid current mobile number and Email id.
- An active American bank account.
Repayments Terms
Example of the Rocket loans loan
Apply for Rocket loans :
Editorial Note: MakeHelpOf does not receive any commission from any website or third-party advertisers. This is just a review article based on consumers’ experiences from the internet. It’s accurate to the best of our knowledge when it’s posted. Please read all the information carefully before you make any decision. {alertInfo}
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