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Simple Path Financial Personal Loans Review

Simple Path Financial isn’t just a direct lender, but also a service that will put you in contact with reliable loan financiers, and aims to do this even if you have a challenged credit history.

Simple Path Financial Personal
No minimum credit score
Loan Amount $1,000 - $100,000
APR. Starting at 7.99%

It claims that through using this service you could save thousands of dollars. It's been well rated by tens of thousands of happy borrowers.

Simple Path Financial Pros
Over 500,000 satisfied customers
No minimum credit score
Simple Path Financial Cons
Without applying, it's totally unclear what kind of rates you’ll be offered

Why get a Personal Loan from Simple Path Financial?

While it does offer its own loans, it also has a vast network of lenders that it's connected to, meaning this service could be quite useful.

It’s a good option for consolidating debt and paying off high-interest credit cards or making major purchases.

Using this borrower can help you tailor a loan to your exact specifications, even if you have a poor credit rating, or would only like to borrow a small amount.

Once approved, you can receive funding within 48 hours, which is quite prompt.

What does Simple Path Financial offer?

At Simple Path Financial, you can be put in contact with financiers to help you with debt consolidation, medical bills, moving costs, major purchases and vacations, along with business, mortgage, and student loans.

As there are many lenders to choose from, it’s hard to know the exact figures for what you’ll be offered without inputting your details personally, but the website states that interest rates can start as low as 7.99%, and there are unsecured personal loans available from $1,000 up to $100,000.

The loans that it offers directly are totally undefined.

Eligibility Criteria?

To apply here you need to be aged 18 years or older.

There’s no minimum credit score requirement, but your credit score will affect the rates you're offered from individual financiers. You’ll need to be a resident of one of 37 states, with the exceptions being the following:

  • Connecticut
  • Delaware
  • Georgia
  • Hawaii
  • Indiana
  • Maine
  • Minnesota
  • Mississippi
  • Nevada
  • Oregon
  • Vermont
  • Virginia
  • West Virginia

How to apply for a Simple Path Financial Personal Loan?

You can apply online with this financier, or for the service to be connected with other lenders. There’s also a phone number that you can call to have a real person help you with the process.

Rates, Terms, and Fees

Interest rates

Starting at 7.99%


Undefined, and dependent on the lender. Loans direct from this financier aren’t subject to prepayment penalties or fees but have an origination fee of 1% to 5%.

Term lengths

Undefined, and dependent on the lender

Bottom line

It does seem like you could find a good deal with Simple Path Financial, but it really isn't transparent about what you’ll be offered, and you'll first need to input your personal details to have an idea. While the lack of credit rating requirements is a plus, you’ll likely be penalized for not having one.

For a similar lender that also offers direct loans and connections to other financiers, try Credible instead. Though the services are similar, it has a larger network of lenders, starting interest rates of 4.99%, and much more clarity in regards to what you might be offered.