Reprise Financial Personal Loans Review, June 2025

Who are Reprise personal loans best for?

Best for bad credit

Reprise makes loans available to borrowers with bad credit. But not only that, it offers relatively low rates for bad credit loans compared to other Credible partners that also offer bad credit loans. Bad credit is generally considered to be a FICO score below 580.

Reprise also offers a secured personal loan option (which could be one reason why it’s able to offer lower rates). By securing a loan with the title to a qualifying vehicle, you might get a lower APR or have an easier time getting approved.

Good for fast funding

Reprise offers a streamlined process from prequalification to funding, making this lender a good choice for those who need cash quickly. 

Beginning with loan prequalification, you can get a rate estimate online in minutes. While this process gives you an idea of the rate you might qualify for, it isn’t an offer or guarantee. But it can help you compare a potential Reprise loan against other loans you’re considering.

If you want to move forward with an application, you can expect your loan funds as soon as the next day. If your loan is funded by 3 p.m. CT, Reprise says the funds will be transferred to your bank account the next business day.

Pros and cons of Reprise personal loans

Reprise personal loans come with several advantages, such as fast funding and no credit score requirements. But there are disadvantages, too, including origination fees and a smaller loan maximum compared to competitors. 

Don’t apply for a Reprise personal loan without first weighing the pros and cons. 

Pros

• Online prequalification: Prequalifying generally takes a few minutes and can provide a customized rate estimate to help you compare Reprise to other lenders. 
• Next-day funding: If you accept your loan terms before 3 p.m. CT on a weekday, you may receive your loan funds as soon as the next day.
• Secured loan option: Reprise allows you to secure your personal loan with a vehicle, which can lower your APR. 
• Bad credit accepted: Reprise works with all credit profiles, so you don’t need good or even fair credit to get a loan.
• Extended customer service hours: Agents are available 7 days a week for application support and 6 days a week for regular customer service, with hours until 10 p.m. CT on weekdays.

Cons

• Not best for self-employed: Self-employment income isn’t accepted as a primary source of income. Reprise accepts self-employed income only as a secondary source of income.
• Low loan maximum: Reprise personal loans are capped at $25,000, which is lower than many competitors. For example, Universal Credit, another bad credit lender, offers loans of up to $50,000.
• Origination fee: You may have to pay an origination fee, which varies by state and credit profile. An origination fee can cut into your loan proceeds and add to the cost of borrowing.
• Not available in all states: You can’t get a Reprise Financial loan in Colorado, Connecticut, Hawaii, Iowa, Maine, Maryland, Massachusetts, Nevada, New Jersey, New York, South Dakota, Vermont, Washington, or West Virginia.

How to qualify for a Reprise personal loan

Reprise's personal loan requirements are generous compared to some other lenders, but borrowers must still meet certain requirements. 

First, you must be of the age of majority in a state where Reprise offers loans. You also can’t have received more than two Reprise loans in the last 12 months.

Credit score and financial history

With Credible, Reprise sets a very low minimum credit score requirement of 560. However, the lender notes that it works with all kinds of credit histories. Additionally, Reprise offers a secured loan option, secured by your car’s title. Offering your car as collateral could help you qualify for better loan terms or a lower rate, but it puts your car on the line if you default. 

Income and employment

When you apply for a Reprise personal loan, you must show proof of income. You don’t necessarily need to be employed, but must have sufficient qualifying income. Reprise doesn’t accept self-employed income as a primary source of income — it only counts as a secondary source of income.

Reprise personal loan purposes

Personal loan funds are versatile, and you can use them for almost any purpose. Here are some common ways you might use a Reprise personal loan:

• Debt consolidation
• Credit card refinancing
• Emergencies
• Major purchases
• Medical and dental needs
• Moving expenses
• Weddings and special occasions
• Unexpected expenses
• Vacation and travel

Reprise personal loan fees and penalties

Many lenders charge certain fees in addition to the interest you’ll pay on a loan. Reprise may charge the following:

• Origination fee
• Processing fee for loan payments made over the phone 
• Document preparation fee
• Delinquency fee

Loan origination fees

A personal loan origination fee is an upfront fee a lender may charge to cover the administrative costs of approving, underwriting, and funding a loan. Often, the fee is a percentage of the loan amount. For example, Reprise charges a loan origination fee of 6% in New Mexico. 

Early repayment penalties

Like most lenders, Reprise doesn’t charge prepayment penalties, so you can pay off your loan early without additional fees. 

How Reprise compares to other lenders

How to contact Reprise

You can contact Reprise Financial by calling 877-505-6780. Hours are all in Central time.

For application support: 

• 7 a.m. to 10 p.m. Monday through Friday
• 8 a.m. to 6 p.m. Saturday
• 8 a.m. to 1 p.m. Sunday

For general customer support:

• 8 a.m. to 10 p.m. Monday through Friday
• 8 a.m. to 2 p.m. Saturday 

You can also contact Reprise by email at [email protected] or by filling out the form on the lender’s contact page. 

Finally, you can reach Reprise by mail at the following address:

P.O. Box 9585

Coppell, TX 75019

About Reprise personal loans

The company was founded in 2012 and has since funded more than $2.2 billion in loans to more than $100,000 customers. Reprise personal loans are originated by WebBank in select states. Reprise Financial receives 4.6 out of 5 stars on Trustpilot.com and is a Better Business Bureau-accredited business. 

Rating Reprise personal loans

Credible evaluated 31 personal loan lenders based on customer experience, minimum fixed rates, maximum loan amounts, funding times, loan terms, fees, and more to determine individual lender ratings based on how each compared to its peers across categories. 

Learn more about how Credible rates lenders by exploring our personal loans lender rating methodology.

Disclosure: Some lending partners that participate in Credible’s comparison marketplace offer loans to borrowers with scores as low as 550. Borrowers with low scores will have fewer lending options than borrowers with higher credit scores.