Pave Personal Loans

3.3 out of 5 stars
4 Reviews

From Borrowers in the last year

ADDITIONAL RATINGS YOU MIGHT FIND HELPFUL

Application Process

3 out of 5 stars

Customer Service

3 out of 5 stars

3.5 5

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These reviews were written by current and former borrowers in the last year.

Nov 02, 2016
High fees/rates, no self service
ainjii Borrower

I really felt quite disappointed by this company. Despite having good credit scores (~730), I had an interest rate of 15%! Also a massive origination fee.

I had to take this loan as I needed the money quickly to pay for tuition. In the end, I borrowed money from somewhere else (for a lot cheaper) to pay this loan off faster. But even that was a pain, since Pave does not offer self-service for one-time online payments or for changing ongoing payment amounts. You have to email customer service to get anything done.

For all the money this company must be raking in, it'd probably serve them to hire an engineer to build features that come standard with every other banking, credit, and loan service I've ever used.

If you can get a loan somewhere else, do it. 

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Aug 17, 2016
Terrible
Anonymous Borrower

My offer was not competitive with offers I recieved from other lenders. Customer service was terrible and the experience on their site was poor. There are a lot better options than these guys. 

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May 04, 2016
Great rate, friendly service
Anonymous Borrower

The rate was good compared to other companies and the support team helped me thought he process. Thanks Pave

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Apr 04, 2016
Easy, fast and no surprises
Anonymous Borrower

I came upon the Pave loan by reading comments on a financial forum. I was looking for a loan to consolidate the rest of my high interest debt. I wanted one payment instead of several. I had just paid off a Lending Club loan at 19% a year ahead of schedule. My credit is good. My scores range grom 680-740. No negatives on my report and I have a fairly high income but my DTI is on the higher side (27%) due to student loans. Pave is a soft pull. They came back with a 16% interest rate which I thought was decent. The origination fee is a flat rate making Pave more financially appealing than LC. I started the app on a Sunday night and had the money in my bank account by Friday. I had two phone calls to confirm my application and my identity. I am appreciative of this since I uploaded financially sensitive information and this day and age of data leaks one can never be too careful.

Overally, applying for the Pave loan was very easy. You will need to upload a picture ID and proof of income as well as any other documents that support the financials you listed on the application. Once the Pave team reviews your docs (usually in 2-3 days) they approve your loan and send you an email telling you when to expect disbursement. They will also make 2 microdeposits to confirm your checking account is valid. The terms of the loan are very clear and you know exactly what you are paying. Highly recommend Pave and I 'm looking forward to our relationship.

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1 Reply
Jun 24, 2016

Seems like you work for them!

 
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**Annual Percentage Rates, terms of loan, and monthly payments presented are estimated and were created based on analysis of information provided by the consumer and available rate information from lenders. While efforts have been made to maintain accurate information, the loan information is presented without warranty and the estimated APR or other terms presented do not bind any lender. Lenders generally have a range of available APRs (for example, a lender’s range might be 2% to 12%) and only borrowers with excellent credit will qualify for the lowest rate available. Your actual APR will depend upon factors evaluated at the time of application, which may include credit score, loan amount, loan term, vehicle information, credit usage and history. All loans are subject to credit review and approval. Additionally, model year, loan-to-value, minimum loan balance mileage, income, debt, etc. restrictions may apply. When evaluating offers, please review the lender’s Terms and Conditions for additional details.