Top 10 US Finance Companies 2024

Read more about our report criteria and view the charts below for more information on how we determined the top U.S. financing companies.

Our Top 10 U.S. Rankings

Position #	Company	Review Score
🥇 1		4.83
🥈 2		4.75
🥉 3		4.57
4		4.57
5		4.50
6		4.45
7		4.41
8		4.38
9		4.33
10		4.33

1. PersonalLoans.com

Score: 4.83

With a fast online application process and competitive loan rates, funds can be paid to a borrower’s account as soon as the next business day.

The company stands out regarding loan flexibility and terms, while some improvements can be made to its website functionality.

PersonalLoans.com is a reputable lending platform that connects borrowers with lenders and allows them to compare multiple loan offers. 

Pros

• No credit history to apply.
• Ideal for professionals to build credit.
• Good customer service.

2. Jasper

Score: 4.75

Founded in 2018, Jasper is a credit card company that offers a unique service by providing a credit card for working professionals immigrating to the US.

Jasper aims to help professionals moving to the U.S. build a credit history. One benefit is that borrowers don’t need a previous credit history to apply for a Jasper card.

The company stands out for its convenient solution to credit building for professionals while offering a card that has no annual fees. 

3. Blue Trust Loans

Score: 4.57

Blue Trust Loans s a tribal lender owned by the Lac Courte Oreilles Band of Lake Superior Chippewa Indians. The company offers personal loans up to $3,000 in most states, with first-time borrowers limited to $1,200. 

Although loans are not available in all states, Blue Trust Loans offers a better alternative than a traditional payday loan. APRs may be somewhat on the high side, but funds are available fast. 

The online loan application process is easy and fast, with documents being designed to speed up the approval process. There are no specific income requirements either.

4. LendKey

Score: 4.57

LendKey is a lending platform established in 2009 that connects borrowers with multiple banks and credit unions. It offers a seamless online lending experience and values privacy.

LendKey specializes in student loans with multiple loan options available. It typically offers lower interest rates so borrowers can save money.

LendKey has no application fees, and interest rates can be reduced with a cosigning option.

5. FreedomPlus

Score: 4.50

FreedomPlus helps borrowers get rid of high-interest credit card debt and replace it with fixed-term loans with lower interest rates.

Loans from FreedomPlus are available in 36 U.S. states, and loan limits go up to $40,000. The loan process is fairly acceptable, with funds paid into a borrower’s account within 72 hours. 

FreedomPlus offers repayment periods of up to five years with no hidden fees. Customers appreciate the easy application process and the low-interest rates on loans. 

6. SoFi

Score 4.45

Social Finance, Inc. (SoFi) was launched in 2011 and offers a range of affordable and flexible loans, available up to $100,000. SoFi Invest also offers a wide variety of investment options with an all-in-one automated investment solution.

SoFi is transparent about its loan process and handling borrowers’ personal information, making them a trusted lending platform among lenders and borrowers alike. 

The company offers excellent customer service with support available seven days a week. Members also get exclusive perks like financial advice, networking events, and referral bonuses. 

7. Jora Credit

Score: 4.41

Jora Credit specializes in online personal installment loans of up to $4,000. The company’s loan products are available in 10 states and also offers Ally, a financial advice service.

A benefit for borrowers using Jora Credit is that there are no application fees, origination fees, late fees, or prepayment fees.

Customers enjoy the easy online application process and great customer support, although some reported that interest rates are a bit high. 

8. Check Into Cash

Score: 4.38

Check Into Cash is a payday lender that offers payday loans up to $1,000. These loans are available in 26 states, although online lending is not available in all these states. 

The online application process takes about five minutes to complete, and documents can be signed electronically. Funds are available within one business day.

Customers report that the loan process is swift and easy, although the rates can sometimes be a bit high. Borrowers also don’t need excellent credit to be approved for a loan. 

9. Figure

Score: 4.33

Figure was founded in 2018 and leverages blockchain, AI, and advanced analytics to offer its customers a range of financial products. 

With fast access to funds and complete transparency, Figure is a popular lender among borrowers looking to access their home equity and flexible options for investing. The company also offers mortgages and personal loans. 

Customers enjoy the company’s easy application process and full transparency, while many mention Figure’s excellent customer service.

10. Blooom

Score: 4.33

Blooom is a robotic advisor for investment accounts and focuses on retirement. The company was founded in 2013 and has analyzed more than $1.6 billion in assets so far. 

Customers connect their retirement accounts to Bloom, and the system analyzes them, presenting customers with a flower to indicate the health of their investments. Customers can show how they want their accounts to be managed, and Bloom takes care of the rest.  

Blooom has no account minimums, and customers report an easy process with excellent service. They also recommend Blooom for 401(k) management. 

The Criteria for Our Reports

To compile the report, we analyzed all user-created finance company reviews on our site for 36 months across 26 operational markets.

The range of review scores inputs is integers from 1 (very low score) to 5 (very high score). We’ve also removed low-quality reviews and potentially spam reviews to maintain more unbiased rankings.

During our analysis, we rounded all review scores to the closest decimal and used the “weighted average” calculation method for all presented averages.

Our Top Charts

We’ve created several charts to illustrate our findings, including how review scores in the U.S. compare to global review scores, and how review scores are distributed across our 26 different markets.

We’ve created the following charts:

• Average Review Score chart
• Review Scores Compared to Global Average chart
• Review Score Distribution Per Market chart
• Global Review Score Distribution chart
• U.S. Review Score Distribution chart

Below are our findings with accompanying charts to provide in-depth data on U.S. finance companies and how we determined the top 10.

Average Review Score Chart

This chart shows the average review score of all companies across 26 markets. U.S. finance companies have an average review score of 3.63 compared to the global average of 3.70.

The markets where companies achieved the highest average review scores are Norway (4.57) and Italy (4.50). Companies in Sweden scored the lowest average (1.94).  

Review Scores Compared to Global Average Chart

This chart shows how review scores in each market compare to the global average. The U.S. shows a slightly lower review score (3.63) than the global average of 3.70.

The U.S. shows a difference of only -2.41% compared to the global average, while Sweden (-47.73%) and Hungary (-43.10%) exhibited the most significant difference.

Review Score Distribution Per Market Chart

This chart shows how review scores are distributed across each of our 26 markets. In the U.S, over 47% of finance companies have a very high score (5 out of 5), while 20.7% have a very low review score (1 out of 5). 

The German market has the biggest number of high scores (77.53%), with Russia second (70.92%) and Estonia third (69.15%). Finland has the fewest number of high scores (24.58%).

Global Review Score Distribution Chart

This chart shows how higher and lower review scores are distributed across all markets. 49.08% of the scores are excellent (5 out of 5) while 20.67% of the scores are very low (1 out of 5). 

A total of 18.16% of the remaining global reviews scored 4 out of 5, while 6.54% scored 3 out of 5, and 5.54% scored 2 out of 5. 

U.S. Review Score Distribution Chart

This chart shows how higher and lower review scores are distributed in the U.S. 47.72% of the scores are excellent (5 out of 5) while 20.70% of the scores are very low (1 out of 5).

22.63% of reviews in the U.S. scored a rating of 4 out of 5, while 4.91% scored a rating of 3 out of 5, and 4.04% scored a rating of 2 out of 5. Overall, more than 70% of U.S. companies received good scores (4 out of 5 or higher).

How to Find the Best Finance Companies

When it comes to applying for a loan, there are several factors to take into account. You should not only look at the loan amount and repayment period but also consider the following to find the best loan company for your specific needs:

• Compare and research lenders. Compare as many lenders as possible to find the right loan offer for your specific situation. Financer.com compares 270+ lenders in the U.S. and shows genuine customer reviews.
  
• Consider all the fees. Consider not only personal loan interest rates but also any fees charged by the finance company. This can include late fees, origination fees, and early repayment fees.
  
• Review the eligibility requirements. Some lenders have precise requirements to qualify for a loan so before you apply, make sure you meet these requirements.
  
• Compare loan APRs. The annual percentage rate (APR) includes the interest rate and all other fees. Offers from some lenders can lead to APRs in triple digits. 

Summary

By analyzing user-created finance company reviews on Financer.com over the last three years, we’ve narrowed down our top 10 U.S. finance companies based on genuine customer feedback.

The average user rating for financing companies in the U.S. is 3.63 compared to a global average of 3.70. We’ve analyzed 580 user reviews in the U.S. and 6,985 user reviews globally.

The top financing companies in the U.S. stand out in terms of customer service, ease of use, and loan rates. Over 47% of U.S. finance companies have very high review scores (5 out of 5), while 20.7% have very low review scores (1 out of 5).

After analyzing 580 reviews for the U.S. market, we’ve found that even though 47.7% of companies received excellent ratings, there is still a lot of room for improvement. Customers cited aspects like high fees and poor customer service to be noticeable concerns.

If you have any questions about the report or need information about any of our featured finance companies, please get in touch.