Compare Vouch personal loan to other lenders

Vouch is another alternative lender for personal loans. However, it’s entirely different from other lenders we reviewed so far. It’s one of the companies that has been pioneering the trust-based lending, and the vouch loan comes directly from them.

Like any other lender, Vouch also has requirements. But, in their case, they are trying to support borrowers, and the company is trying to go back to the days when lending was personal and based on trust. This lender operates under strict conditions, and it takes them only two days to get back to you.

They will send you an email when your offer is ready, and in the meantime, you can ask people to vouch for you. The more people you gather, the lower the interest rate will be. This will also decrease your monthly installment and help you save money. You can use a link on their website and share them with people who want to vouch.

In this case, people vouch for you by telling the lender that they trust you and if you build a secure network of individual, then you can borrow money at the lower interest rate.

Requirements for a Vouch loan

If you want to get a loan with Vouch, then you must meet the following criteria:

You have to be 18 years or older, be a UK citizen, have a valid bank account, have FICO score of 600 or higher and must be existing on accounts, and not in bankruptcy or foreclosure proceedings. It is also recommended, but not mandatory that you have a secure and reliable support network. So, if you are uncomfortable or ashamed of asking people to help you, then you will hardly experience any Vouch benefits.

The Vouch mostly lends money to people who can afford to take them on.

Vouch vs. other lenders


LendingClub is one of the first peer-to-peer lenders in the UK. This is an online platform that links borrowers with investors, who will fund their loans. The best of all, it allows cosigners. You can borrow between $1,000 to $40,000, the APR varies, and it can start at 6.95% and go up to 35.89%.


However, you have to be a US citizen or a permanent resident, you need a valid bank account, a steady source of income and be 18 years old.

OneMain Financial

This lender provides you with personal and car loans with fixed rates. On the other hand, there are some state-based restrictions on how much money you can borrow. You can select to receive an amount as a prepaid card, or you can have it directly deposited into your bank account.

The minimum amount you can borrow is $1,500, and the maximum is $30,000, APR is between 16.05% and 35.99%, up to 60 months. To get a loan with OneMain Financial, then you have to meet their standard credit criteria. This includes credit history, income, debts and if applicable, the ability to offer collateral.


FreedomPlus will provide you with personal loans for various purposes, and it has some state limitations. It is not available for residents of all states.

You can borrow up to $40,000, and the APR is between 4.99% and 29.99%. The time of payment is from 24 to 60 months. If you want to become eligible for this loan, then you must have a 640+ credit score, a debt-to-income ratio of 40% and at least $30.000 of annual income.