Marcus by Goldman Sachs Personal Loan

Marcus by Goldman Sachs offers large personal loans up to $40,000, but if you don’t have a minimum credit score of 660 then you might want to check out the Check City Personal Loan where low credit score holders can still apply!

One of the best reasons to get a personal loan is to consolidate debts into one single monthly payment. Many times consolidating debt can even lead to lower interest rates that save you money in the long term. But not all personal loans work well for this purpose, so it’s important to do your research on different loans in order to figure out which loan provider is the best fit for you.

Marcus Personal Loans: A Quick Look

A Marcus by Goldman Sachs personal loan can be anywhere from $3,500 to $40,000 with an APR range between 6.99% and 28.99%. Marcus personal loans have no fees and offer fixed rates and terms so customers can know for sure what they pay and when they pay. They also offer flexible loan terms from 3 to 6 years. Marcus personal loans are most commonly used to consolidate debts and multiple balances into one.

Maximum Personal Loan: $40,000

Minimum Personal Loan: $3,500

Rates: 6.99% to 28.99% APR

Fees: no fees

Terms: 36 to 72 months (3 to 6 years)

When: receive funds in 5 business days

Basically, Marcus by Goldman Sachs is a great place to go when you want to consolidate high interest debts into a lower interest personal loan. Marcus personal loans can also be used for other personal reasons, like budgeting for a wedding, home improvements or repairs, moving costs, and vacations.

Who are Marcus Personal Loans Perfect For?

A personal loan from Marcus by Goldman Sachs is a great loan option for those with good or excellent credit. They can be used for many personal reasons but are the most useful for anyone looking to consolidate high interest debts into one, low-interest payment. If this is the kind of loan you’re looking for, and you match the qualities listed below, then a personal loan from Marcus by Goldman Sachs may be perfect for you.

  • If you have a good or excellent credit score
  • If you need a large loan amount
  • If you want a longer loan term
  • If you can wait 5 business days for your funds

Who Should NOT Get a Marcus Personal Loan?

If you don’t have a good credit score then a Marcus personal loan may not be the best loan option for you. Only applications with excellent credit are able to qualify for the best interest rates and loan terms. So if you have a poor credit score then you may want to think about getting a personal loan with Check City instead. Below are some other reasons to consider a different loan provider.

  • If you need a small loan
  • If you want to finish paying back the loan in a few months
  • If you have a low credit score
  • If you want your funds today
Marcus Personal Loans Pros and Cons List
Pros Cons
No fees No small loan options
Low interest rates Need excellent credit to qualify for lower rates
Rewards for on-time payments Funds take 5 days to reach your bank account

An Alternative to Marcus Personal Loans

The Marcus personal loan may not meet your requirements as a loan customer and that’s ok. Everyone has different financial needs when it comes to the terms of a personal loan. If your credit score doesn’t qualify you for a Marcus personal loan, or if you just want a smaller, quicker, short term loan, then Check City has what you’re looking for.

Reasons to Get a Check City Personal Loan:

personal loan review

  • We’re a direct lender: Check city doesn’t direct you to lenders, we are the lender.
  • We’re a state licensed lender: Check City offers the safety, security, and trust of a state licensed lender.
  • Loan applications are quick and simple
  • Those with bad credit scores can still apply
  • No origination fees
  • Get your loan TODAY
  • You can pay back your loan in just 6 months
How to Apply for a Check City Personal Loan

Applying for a Check City personal loan is fast and easy. All you have to do to apply online is go to our Personal Loans Page and fill out the application form. It only takes a few minutes!

If you don’t want to apply online then there are two other application options you can choose from. You can visit your local Check City store and apply in person, or you can call a Check City representative with the Loans By Phone number listed below and apply over the phone.

What You’ll Need to Apply:

  • A government ID
  • Proof of bank account
  • Proof of direct deposit
  • Proof of income
  • A valid phone number

Apply Online.

Apply in the Store.

Or call Check City’s Loans By Phone number: 800-404-0254

Applying for a Check City Personal Loan online is fast and incredibly easy to do, but if you want your money even sooner, you can apply in person at a Check City store and walk out with your cash TODAY!

Check City personal loans are perfect for anyone who needs a fast, small loan that you can pay off in a few short months instead of years. It’s also a great loan option for anyone with bad credit who can’t afford the credit score hit of a traditional credit report. If the Check City personal loan sounds right for you, don’t hesitate to give us a call, visit our website, or visit our stores and GET CASH NOW.

LOAN COMPARISON CHART

Check City Personal Loans Discover Personal Loans Wells Fargo Personal Loans

SoFi Personal Loans American Express Personal Loans USAA Personal Loan Marcus Personal Loan
Amount $300 to $3,000 $2,500 to $35,000 $3,000 to $100,000 $5,000 to $100,000 $3,500 to $40,000 $2,500 to $50,000 $3,500 to $40,000
Rates lower APR than our payday loans 6.99% to 24.99% 5.49% to 22.99% 5.99% to 20.01% 6.90% to 19.98% 8.99% to 18.00% 6.99% to 28.99%
Fees no origination fees no origination fees, no closing costs no origination fees, no prepayment penalties no fees no origination fee, there are late fees no origination, application, or prepayment fees no sign-up or prepayment fees
Terms 6 months 36 to 84 months 12 to 84 months 24 to 84 months 12 to 48 months 12 to 84 months 36 to 72 months
Min. Credit Score none 660 600 680 660 high credit score 660

 

All loans come with a set of requirements in order for loan customers to qualify. But loan customers also have requirements for the perfect loan. Every customer needs something different in a personal loan, which is why loan review articles like this one are so helpful. You’ll need to do a little research about different loans if you want to find the best personal loan for you.

 
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Learn more about the usefulness of loans, “The Usefulness of Loans from Large to Small.”

Budget like a boss by reading, “Budgeting in 4 Easy Steps.”

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