Personify Financial personal loans: 2025 review

Where Personify falls short

• Higher rates than most bad credit personal loan lenders. While most regular personal loan rates are capped at 36 percent, that’s where they start for Personify loans. The maximum rate is also much higher at 179.50 percent. 
• High loan origination fee. Personify charges a 5 percent origination fee in most states, which is added from the amount you borrow — meaning you'll pay interest on it. Multiple other personal loan lenders don’t charge fees at all.
• Not available in all states. Personify only offers its loan product in 26 U.S. states. 

Personify customer experience

Customer support

Phone service is available Monday through Friday from 8 a.m. to 9 p.m. CT and Saturday from 8 a.m. to 5 p.m. The lender’s website also provides a mailing address and email contact information option. 

Digital experience

Although Personify doesn’t offer an online portal for managing your loan, it provides educational articles on a variety of financial topics in the blog tab. The lender’s resources tab features well-written explainers to help readers understand the pros and cons of different types of loans. 

Do you qualify for a Personify personal loan? 

You’ll need to live in one of the 26 states Personify does business in to qualify. The application process included verification of your address, Social Security number, employment, income and credit score. The lender will vet your bank account to deposit your funds and set up monthly payments.

How to apply for a personal loan with Personify

1. Check the information by state tab. You won’t be able to apply unless you can provide proof you live in a state where Personify does business.
2. Apply online. You’ll need to provide information about your address, income and bank account and may have to authorize a credit check to get approved. Additional documentation may be required to verify anything you input on the application.
3. Review the loan details. Make sure you understand how much extra interest you'll pay due to the origination fee and how often payments will be deducted. According to Personify’s website, you may pay off your loan balance early with no penalty. 

Funds can be sent to your bank account within one business day of approval. Discover can send the funds directly to your creditors if you're consolidating debt. Alternatively, you can have a check mailed to you and pay them yourself. 

Methodology

Bankrate considers 20 factors when reviewing lenders. We weigh what makes a lender competitive on the market and appealing to borrowers with varying needs. The Bankrate Score for personal loans consists of four categories:

Editorial disclosure: All reviews are prepared by Bankrate.com staff. Opinions expressed therein are solely those of the reviewer and have not been reviewed or approved by any advertiser. The information, including rates and fees, presented in the review is accurate as of the date of the review. Check the data at the top of this page and the lender’s website for the most current information.

What customers think

What people across the web are saying about Personify

Feedback on Trustpilot is mostly positive, with a 4.8-star rating on the third-party review site after over 11,000 reviews. Most reviewers cite the easy and fast application process, with funds received in most cases within a short time.

It was an easy application process. I like there is instant messaging text and online account capabilities to track progress with all things in the is process as well as an account once you're approved. I was able to make a phone contact as well and confirm the status and information and ask questions.

— Trustpilot user

Community Personify scores