Intro: Who Is 100Lenders?
Requirements and Restrictions
- Minimum of $1,000 in Monthly Income - 100Lenders will only lend to those with at least $1,000. Your income can be either from employment or benefits.
- Bank Account - You will need either a checking or savings account because that is how your loan is given to you.
- Be a U.S. Citizen and a valid social security number
- Valid Drivers License or State ID - You will need either of these will be needed to verify your ID.
- No Military Personnel - 100Lenders prefer not to lend to military personnel (although they do ask that question in their online forms).
- States Excluded: CT, NH, WA, and VT - If you are from the following states, you cannot apply.
How Does the Loan Process Work?




Loan Co | Amount | Excluded States | Not Eligible | Min Income | Credit Score |
---|---|---|---|---|---|
100 Lenders | $100-$40,000 | CT, NH, WA, VT | No Military Personnel | $1,000/m | N.A. |
Zippy Loans | $100-$15,000 | NY | N.A. | N.A. | N.A. |
Viva Loans | $100-$15,000 | NY, WV, DC | N.A. | N.A. | N.A. |
Signature Loans | $100-$35,000 | N.A. | N.A. | N.A. | N.A. |
Next Day Personal Loans | $100-$40,000 | CT, NH, WA, VT | No Military Personnel | N.A. | N.A. |
Life Loans | $100-$40,000 | CT, NH, WA, VT | No Military Personnel | $1,000/m | N.A. |
Honest Loans | $400-$50,000 | NY |
No Military Personnel No Federal Employees |
$8,000/m | N.A. |
Fast 5k Loans | $100-$10,000 | NY, VT, WV, AK | No Military Personnel | $800/m | >540 |
Excel Online Loans | $500-$20,000 | NY, DC, WV | N.A. | N.A. | N.A. |
Bad Credit Loans | $100-$10,000 | N.A. | N.A. | N.A. | N.A. |
24/7 Loan Pros | $1,000-$35,000 | NY, VT, WV, AK | No Military Personnel | $800/m | >540 |
Just as there are many of online lenders, there are also many online loan aggregators like 100Lenders. As you can see from the table above, 100Lenders stands out because they allow you to borrow up to $40,000. And they also have short term lenders who will lend as little as $100.
Many of these loan aggregators who can lend large amounts also have some restrictions on residents from certain states. 100Lenders is no exception. Residents from CT, NH, WA and VT cannot apply for a loan through them. Like many others, they also restrict military personnel and only allow U.S. Citizens to apply and not permanent residence. So while 100Lenders is one of the few who would lend up to $40,000, there are some restrictions that will affect you if you are considering them.
If you are a military personnel, there are still loan aggregators like ExcelOnlineLoans and Zippy Loan that allow military personnel. ExcelOnlineLoans.com also allows residents from all 50 states to apply.
Pros and Cons
pros
- Wide range of loan amounts - You can get a wide range of loan amounts from lenders from this network. It ranges from $100 to $40,000.
- Accepts all credit - Lenders100 accepts applicants for all types of credit (including those with bad credit)
- Process is Fast - The application process is fast, easy and relatively painless.
Cons
- Not Available in a few states - The lenders in the 100lenders network will not serve customers in CT, NH, WA, and VT.
- Will not serve those in active military - One of the criteria of applying through 100Lenders that you have to be 18 years old and not be active in the military.
Our Take
You have to be aware that they do not serve consumers from CT, NH, WA and VT. Also, those in active military are not served.
Otherwise, 100lenders.com is a site I would consider using if I wanted to shop around for a loan.