Laurel Road Personal Loans Review

Company Overview: Laurel Road

Laurel Road, the online division of Darien Rowayton Bank (DRB), is a leading personal loans lender based in Connecticut that operates in all 50 states. DRB was founded in 2006. Laurel Road offers personal loans, student loan refinancing, parent loan refinancing, new MBA loans and mortgages.

Laurel Road Personal Loan Overview

Laurel Road offers attractive rates and terms compared with other top lenders in the personal loan industry:

How Laurel Road Compares: Key Benefits Of Laurel Road’s Personal loan

Here are some of the reasons that Laurel Road borrowers love Laurel Road personal loans:

Easy Online Application: You can apply for a Laurel Road personal loan completely online.

Deferment and Forbearance: Laurel Road may allow borrowers to pause their student loan payments for one or more three-month periods (up to 12 months) through a forbearance if they face economic hardship.

Quick Disbursement: Funds are disbursed directly to your bank account

Customer Service: Laurel Road offers live customer support 6 days a week

Eligibility Criteria

To apply for a Laurel Road personal loan, you need to meet the following eligibility criteria:

Requirements To Apply For Laurel Road Personal loan

Minimum Age: At least age of majority in your state

Citizenship/Residency: U.S. citizen or permanent resident (applies to co-signer too, if any)

Employment: You are currently employed or have an offer of employment

Loan eligibility depends on a number of additional factors, which may include your credit profile, income and total debt payments.

Bottom Line: Is Laurel Road right for you?

Laurel Road has a top reputation for personal loans.

Remember, Laurel Road caters to borrowers with good credit. For personal loans, Laurel Road prefers a minimum credit score of 640. Laurel Road does not have a minimum income requirement for personal loans.

Laurel Road also makes the online application easy because you upload a photo or screenshot directly, which saves the hassle of mailing or faxing documents.

If you have a good credit score, stable employment and want funds fast, then a Laurel Road personal loan may be right for you. You can use a Laurel Road personal loan for any purpose such as to pay off credit card debt, medical expenses, home improvement, engagement ring, wedding, honeymoon or new baby expenses.

Next Steps: How To Apply To Laurel Road

You can apply for a Laurel Road personal loan in 3 easy steps.

Step 1: Check your personalized personal loan rate in just 2 minutes.

Step 2: Complete application and upload documents.

Step 3: Accept loan terms and get funded.

The good news is that you can check your new personal loan rate online with Laurel Road before you complete the full application. This way, you’ll know whether you can be approved for Laurel Road personal loan. Therefore, Laurel Road will provide you with an estimated personal loan rate. The pre-approval is only a soft credit pull so there is no impact to your credit.

If you have been pre-approved, you’ll need at least the following documents to complete the online application (which takes about 10-15 minutes):

• Your most recent pay stubs
• Driver’s license or passport (or other forms of government-issued identification)

Funding for your personal loan is quick and can occur within several days.

Applying is super easy – get your personalized rate in 2 minutes