Peerform’s requirements include being at least 18 years old, having enough income or assets to make the monthly payments and having a Social Security number. You will also need to have a verifiable bank account to qualify for a Peerform personal loan.
Peerform Requirements for Borrowers
Credit Score: 600+
Income: Not disclosed
Age: 18+
Citizenship: U.S. citizen or permanent resident
Identification: Social Security number
Bank Account: Verifiable bank account
Residency: All states except CT, ND, VT, WV or WY
Before you apply for any personal loan, it’s a good idea to pre-qualify. While meeting all of the requirements gives you a good chance of approval, it’s never guaranteed. To pre-qualify with multiple lenders at once, check out WalletHub’s free pre-qualification tool.
To apply for a Peerform personal loan, first check for pre-qualification and then enter your personal and financial information on the online application. Next, verify the accuracy of the information, submit the application and wait to receive a decision.
How to Apply for a Peerform Personal Loan
Check for pre-qualification. Pre-qualification is a way to check your approval odds and potential rates before applying for a Peerform personal loan. It doesn’t hurt...
Yes, Peerform does a hard inquiry when you apply for a loan. This credit report inquiry will likely drop your credit score by about 5 to 10 points, but you'll be able to get back on track with a few months of on-time payments.
Peerform's hard inquiry will stay on your credit report for two years, but it won't affect your credit after one year, and the impact may subside before then. To see how your individual...
It is not difficult to get a personal loan from PeerForm because they offer personal loans for people with credit scores as low as 600+. Other PeerForm personal loan requirements include being at least 18 years old, having an SSN, and having enough income to afford monthly loan payments.
PeerForm Personal Loan Requirements
Minimum Credit Score: 600+ credit score
Minimum Income: not disclosed, but the debt-to-income ratio must be below 40%...
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