Balance Credit offers personal loans up to $4,000 with a simple online inquiry process and provides funds by the next business day after full approval.1 Their personal loan services cater to a variety of needs, but availability and terms vary by state, and not all applications are approved.
Pros and Cons of Balance Credit
Balance Credit can be a beneficial option for individuals seeking quick and streamlined personal loans online. Below are some of the pros and cons of Balance Credit loans:5
- Borrowers with fair to good credit scores are typically accepted5
- Funds can be available as soon as the next business day upon full approval
- Cannot be used for non-personal related expenses
- Availability varies by state
- Approval not guaranteed
- Rates vary4
How Balance Credit Compares
to Other Options
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| Max Cash's Rating | |||
| Repayment Terms | N/A | Up to 90 Days for Installment Loans⁴ | 24 to 72 Months |
| Funding Timeline | Receive funds in as little as one business day | Receive funds on the same day or within 24 hours | Receive funds by the next business day |
| Bottom Line | Balance Credit specializes in streamlined and convenient loans with quality online service.5 |
Cash 1 Loans offers various and convenient loan solutions to individuals with less-than-perfect credit, but is only available within certain locations.5 |
LendingPoint serves consumers with poor credit needing personal loans with an easy application process and technological approach to better their approval chances. Funding can be available the next business day, if approved, but LendingPoint is not available nationwide.5 |
Frequently Asked Questions about
Balance Credit
Yes, Balance Credit is a legitimate online lender.
Balance Credit’s customer service phone number is (855) 942-2526
Yes, Balance Credit is reviewed by the BBB. While they are not accredited by the BBB, they hold an A+ rating.
