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SeedFi Personal Loan
SeedFi Borrow & Grow Loan
commission
Late fees are not disclosed, but will be refunded after paying off the loan
SeedFi Borrow & Grow Loan
commission
Late fees are not disclosed, but will be refunded after paying off the loan
loan details
commission
Late fees are not disclosed, but will be refunded after paying off the loan
pros and cons
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SeedFi Borrow and Grow loans are available in 36 states and Washington DC.
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Delaware
- florida
- Georgia
- Illinois
- Indiana
- Kansas
- kentucky
- Louisiana
- Michigan
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- new jersey
- new mexico
- New York
- north carolina
- Ohio
- Oklahoma
- Oregon
- pennsylvania
- south carolina
- Tennessee
- texas
- Utah
- Virginia
- Washington
- west virginia
- Wisconsin
Advantages and Disadvantages of SeedFi Personal Loans
Compare personal loan interest rates
Who Is SeedFi Best For?
SeedFi is perfect for borrowers who want to contribute to their savings while paying off their loans, and who are happy to have their payments taken from all their paychecks. Borrowers looking to build credit may find SeedFi to be a good option.
SeedFi Personal Loan Comparison
SeedFi comparison
Editor’s rating
Normal APR
12.96% – 29.99%
Editor’s rating
Normal APR
19.00% – 179.50%, depending on the state
Editor’s rating
Normal APR
Up to 306.00% (tax rates vary by state)
SeedFi is hard to compare with other companies as it offers rates similar to traditional personal loan lenders, but it has a payout schedule like a payday lender that pays you every time you get paid. SeedFi is a much better option for borrowers who fit that mold, so we chose to compare it to other lenders with lower minimum loan amounts and lower minimum credit scores.
Neither Personify nor MoneyKey have a minimum credit score to qualify, so they may be good options for borrowers who have been rejected by other companies due to poor credit history. SeedFi has a very low minimum credit score requirement of 520, so it could be another great option.
All three companies will pay late fees, but SeedFi will pay them all back once the loan is paid off. This is a unique feature in personal loans.
Frequently Asked Questions
A Better Business Bureau certified company, SeedFi has received a B+ rating from the BBB, a non-profit organization focused on consumer protection and trust. BBB gave this rating because 44 complaints were filed against the business. The BBB evaluates companies based on their responsiveness to customer complaints, honesty in advertising, and openness regarding business practices.
SeedFi has not been involved in any recent controversy. Between the company’s clean history and solid BBB rating, you might consider renting from a lender.
SeedFi will receive your money within a few business days.
When you apply for a loan with SeedFi, the company does research for soft credit. This gives you a comprehensive view of your credit history without affecting your credit score. After accepting the terms of the loan, the company may perform a hard credit pull, negatively impacting your score.
Yes, you can pay off your SeedFi loan early with no fees.