Personal Loans FAQ
loanDepot Personal Lending
loanDepot uses its proprietary technology to provide borrowers with unsecured personal loans; often times at rates much lower cost than traditional credit cards. Borrowers can use the proceeds to pay off high interest credit cards, consolidate debt, make improvements to their home or take that long needed vacation.
About Our Loans
Applying For a Loan
Please note: We may be unable to extend credit, if, after you respond to this offer we determine that you no longer meet the initial credit criteria requirements established prior to this offer.
Loan In Process
The best way to ensure you receive your loan funds as quickly as possible is to verify your email address and submit all required information promptly to complete the verification process. Please visit your account summary at any time to check the status of your loan. Or Click here to learn more about loanDepot's personal loans verification process.
If you choose automated monthly payments, your payments are automatically debited from the bank account provided in your application and will show as debited by "loanDepot OnlinePMT" or "loanDepot Phone PMT."
After the closing of your loan, you may change your method of payment by contacting our servicing department at 888.983.3393.
Please note that all loan proceeds MUST be delivered electronically; however, you are not required to authorize automated monthly payments as a condition of your loan.