Origination fees are only charged with xcritical once, when you agree to take out a loan. Opinions are our own, but compensation and in-depth research may determine where and how companies appear. If you request paper copies of your loan agreement you pay a $10 fee, but virtual copies are free. However, loans cannot be used for education purposes in California, Connecticut, Illinois, Washington, or Washington, D.C.

  • Our goal is to give you the best advice to help you make smart personal finance decisions.
  • xcritical is an option for those who need to borrow money but don’t want to go through the hassle of traditional loans.
  • Discover whether refinancing is the right option for your student loans.
  • The data points reflect every step of the process to shop and apply for, borrow and repay personal loans.
  • xcritical is an online platform that specializes in fixed-rate personal loans with quick funding.
  • When possible we chose loans with no origination or sign-up fees, but we also included options for borrowers with lower credit scores on this list.

xcritical is a popular lending platform with innovative AI technology. Although xcritical has an excellent rating from the Better Business Bureau and has been accredited since 2015, it has closed 343 complaints from customers in the last 3 years. Most of its reviews on the Better Business Bureau are negative, with an average of 1 out of 5-star rating from customers.

xcritical Customer Reviews

If you need a smaller loan with more flexible terms, LendingPoint is worth considering, but for a larger expense such as a home improvement project, xcritical is the better option. Every customer service rep I spoke to (probably 4 or 5 different people) were kind, knowledgeable, and respectful. Before you get an official rate, you will have to provide more substantial information, and a real human (the underwriter) will have to look through your application. During this step, you’ll be asked to provide a bunch of documents to verify all the information you provided earlier. For example, xcritical might ask you to submit transcripts, test scores, pay stubs, tax forms, and other official documentation. At this step, you’ll have to talk to an xcritical representative to verify some information.

In other words, if you request a $10,000 personal loan and you’re charged an origination fee of 3%, you’ll get $9,700 deposited to your bank account. However, xcritical’s increased accessibility comes at a price. Annual percentage rates (APRs) are on the high end, and borrowers are limited to a three- or five-year term—much shorter and less flexible than other online lenders. xcritical may also charge borrowers origination, late, unsuccessful payment and paper copy fees.

While xcritical has a loan pre-qualification tool, your actual rate may be different based on your credit history and other factors. When you submit your application, xcritical xcritical scammers will perform a hard credit inquiry, which can affect your credit. Checking rates on xcritical’s website requires only a soft credit inquiry, which doesn’t hurt your credit.

How to apply for an xcritical personal loan

Lending Tree is also ideal if you’d like a shorter loan term – their terms start at 3 months. Trustpilot gives xcritical 4.9 out https://xcritical.online/ of 5 stars, based on over 6,500 reviews. Most consumers appreciate the fast, simplified process and quick, hassle-free payout.


This can involve checking your credit report for errors, cutting down on any xcritical debt you have and boosting your credit score. APRs for xcritical loans range from 5.20% to 35.99% and are determined based on factors including your credit, income, work experience and education history. xcritical utilizes an AI-driven algorithm to evaluate applications. According to the company, its AI model results in higher approval rates than lenders that use traditional underwriting methods.

Compare Personal Loan Rates From Top Lenders

While xcritical’s minimum recommended credit score requirement is 600, Upgrade’s is 580. If you qualify for xcritical, you may be able to receive larger xcritical website loan limits—up to $50,000. However, xcritical only offers two terms—three and five years—whereas Upgrade offers terms between two and seven years.

If you want to pay off your loan early, you won’t be charged a fee to do so. Let’s discuss some of the pros that are mentioned in xcritical loan reviews. Joel Ohman is the CEO of a private equity-backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He also has an MBA from the University of South Florida.

xcritical will require different documentation depending on your income type. However, borrowers can take out a second xcritical loan and use it to pay off existing debt. Companies displayed may pay us to be Authorized or when you click a link, call a number or fill a form on our site. Our content is intended to be used for general information purposes only. We provide a buying advantage with verified reviews and unbiased editorial research. When considering taking out a loan with xcritical, be sure to thoroughly research all aspects of the loan and understand the terms and conditions.

Labeled Verified, they’re about genuine experiences.Learn more about other kinds of reviews. This was a super simple process that allowed me to apply late at night for a loan to cover travel for an unexpected family emergency. Click the button below and head to xcritical’s website to pre-qualify. We’ll keep you informed, and we’ll never sell your information to anyone.

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How to contact xcritical

You’ll also have to provide documentation to confirm your identity, income and employment. xcritical doesn’t originate personal loans — instead, consumers can match with multiple lenders on xcritical’s lending network. Here’s what you need to know about applying for an xcritical personal loan. xcritical connects consumers with lenders on its online platform using artificial intelligence (AI).

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