Life Loans positions itself as a lightning-fast loan-match service, distributing your request to a nationwide lender network for $100 – $40,000 personal loan offers, with many funds available as soon as the next business day. The site promises soft-pull inquiries upfront, advertises APRs capped at 35.99% with terms ranging from 61 to 180 months, and invites all credit profiles earning at least $ 1,000 per month. However, LifeLoans is strictly a lead generator—your data may be resold multiple times —and state, military, and tribal lender exclusions apply, so careful comparison shopping remains essential.

LifeLoans at a Glance

Feature	Details
Loan amounts	$100 – $40,000
APR range	Up to 35.99 % (advertised cap)
Repayment terms	61 – 180 months
Initial credit check	Soft pull—no score impact
Funding speed	Next business day possible
Minimum income	$1,000+ per month for ≥ 4 weeks
Ineligible states	CT, NV, NH, WA & VT
Military policy	Active-duty applicants rejected

How the Marketplace Works

Two-Minute Request Form
Enter basic identity, income, and banking details; LifeLoans says the soft inquiry “will NOT affect your credit score.”
Lead Distribution to Lenders & Aggregators
Your profile can be routed to multiple direct lenders or other lead brokers—LifeLoans warns that information “can be sold multiple times,” generating several offers and marketing contacts.
Lender-Specific Application
Clicking an offer redirects you to a partner’s site, where a hard pull, document upload, and final rates and fees are handled. LifeLoans itself “does not make credit decisions.”
Disbursement & Repayment
Approved funds may arrive the next business day, but timing depends on the chosen lender and your bank’s ACH cutoff. Missed payments trigger lender-imposed fees or legal action, not LifeLoans.

Eligibility, Rates & Terms

Loan Size & Purpose: Network supports micro cash advances ($100) through mid-size personal loans (up to $40k)
APR & Fees: Ads cap APR at 35.99 %, but tribal lenders on the platform may exceed state usury limits
Repayment Windows: 61–180 months—far longer than typical payday cycles
Credit Criteria: “All credit considered,” yet partner lenders typically verify Teletrack/DataX or the three bureaus; review notes cite a > 580 FICO as common approval
Income & Bank Account: At least $1k verified monthly income and an active checking account in your name are mandatory.
State & Military Exclusions: No service for CT, NV, NH, WA, VT, or active-duty military personnel

Compliance, Transparency & Consumer Risks

LifeLoans posts clear disclosures that it is not a lender and displays the Online Lenders Alliance (OLA) seal, signaling adherence to industry best. Even so, its lead-seller model means your data may circulate widely, increasing spam risk and requiring you to vet each lender’s Truth-in-Lending box, license status, and dispute forum—especially if routed to a tribal lender immune from state caps.

Step-by-Step Application Tips

Pull your own credit first to gauge what a “fair” APR looks like.
Complete LifeLoans’ form and confirm the soft-pull notice on page 1.
Check that the redirect URL is HTTPS and belongs to a lender you recognize.
Compare APR, origination, and late-fee schedules on at least three matched offers.
Verify the lender is state-licensed (or understand tribal-lender implications).
Read e-sign docs; confirm total repayment cost before accepting.
Only enable autopay after reviewing the lender’s customer service record.

Bottom Line

LifeLoans can be a quick gateway for borrowers with limited time or challenged credit to canvass multiple lenders in minutes. Its broad range of amounts, modest income bar, and next-day funding potential are strong draws. Yet because LifeLoans merely sells leads, borrowers shoulder the due diligence burden: scrutinize each lender’s licensing, rate sheet, and customer reviews before signing—and be ready for follow-up calls and emails once your data enters the marketplace.

Life Loans