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What you need to know about personal loans with DollarConnect
DollarConnect isn’t a direct lender. Instead, it’s an online marketplace that connects people with lending partners that offer short-term loans and personal loans.
Who is a DollarConnect personal loan good for?
DollarConnect often links people with lenders that offer online loans for emergency needs, but these loans may come with high interest rates and short repayment terms. That means loans from DollarConnect partners may be best for people who have exhausted all their other options.
If at all possible, it’s a good idea to explore small personal loans and payday alternative loans, which can be less expensive options.
*Approval Odds are not a guarantee of approval. Credit Karma determines Approval Odds by comparing your credit profile to other Credit Karma members who were approved for the personal loan, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. For example, you may not be approved because you don’t meet the lender’s “ability to pay standard” after they verify your income and employment; or, you already have the maximum number of accounts with that specific lender.