The personal loan space received a lot of flak over the last few years. However, that does not reduce the demand for this particular financial tool.
Every year this market grows at a pace of 11%. Plus, the affiliate offers on it pay relatively well. Though promoting payday loans is not the perfect idea for an affiliate, the money you get out of it is good.
Most of the companies mentioned here are providing decent loans with not very high-interest rates. Suppose you have a particular specification for taking a loan that is taken care of too. Here are some of the best personal affiliate programs that you could choose from.
Best Personal Loan Affiliate Programs
Firestone provides Canadian customers with access to personal loans when they cannot turn to banks for help. This is particularly apt for people who are still coming out of the financial crisis of 2008.
But Firestone did not become a lender because of that crisis as they have survived in this business for almost 100 years.
You can apply for personal loans starting from $500 to $35,000. They accept online applications as well so that the process does not damage your credit score.
Also, you do not need a perfect credit score to be approved for this loan. This is one of the most lucrative financial affiliate programs available. Affiliates could earn $21 for every approved lead.
2. Zoca Loans
Life does not always move the way you want it to. Like maybe your microwave stopped working, and you cannot replace it immediately.
At such a time, a short-term personal loan from Zoca could be helpful even though the interest rates are high.
From their website itself, you can apply and get an amount between $200 and $1500. However, the decision happens swiftly, so you don’t wait for weeks to get a response.
Plus, you don’t need good credit to get the loan approved. The affiliates get $5 per lead, which may not be a lot, but it is better than getting nothing.
3. Zippy Loan
Zippy is somewhat different from other payday loan providers. Instead of financing your request in-house, they link you to a vast network of lenders who move the applications and provide loans between $100 to $15,000.
The application process is quite simple, and within a day, you get the money. Some of the lenders give a repayment duration of 60 months and the option to get small business loans.
If you become a Zippy loan affiliate, you could bag $45 per lead. However, they have only 1-day cookies, ensuring that the traffic is sure to move ahead.
4. Smarter Loan
Smarter loans are a personal loan comparison site based in Canada, which has 50 providers. These providers offer loans starting from $250 to $30,000. With such a wide range of options, it is easy for users to choose their favorite products.
The users have to figure out how much they need to borrow, how long the repayment term should be, and then get that matched against many loan lenders available.
Using their “Pre-Apply” service, you can tell them what type of loan you want, and they will suggest options. Every sale the affiliate does gives them $140, and that makes this a lucrative opportunity.
SoFi is more than just a lender. As they themselves say, they are a new finance company that takes a radical approach to provide loans.
Meaning they are the next generation of lenders and offer both business and personal finance products. You may borrow up to US$100,000 and offers interest rates as little as 5.99%
Plus, they even provide small business loans. If you become their affiliate, you should be happy as they have paid nearly US$10 million in affiliate commissions till now.
6. Viva Loans (UK)
Viva loans is for UK-based people. This short-term loan provider helps the visitors with any expense ranging between £200 to £2,000. The repayment terms are straightforward, and the duration is from 2 months to 12 months.
However, these loans are payday loans, and their interest rates are high, going up to 600%. All you have to do is to be 18 years or older and own a valid UK bank account. The affiliates of this company get $45 for every new customer that qualifies and receives the money.
7. Check into Cash
Check into Cash has been in the “emergency credit solutions” market since 1993. In simple words, they offer personal credit options like payday advances, check cashing services, etc.
Plus, they have around 800 stores spread all over North America. The users can apply for loans starting from $50 to $1000.
Applications are processed online through the website or in-store. Their online option gives instant approval, and the money is credited to the account the next day itself.
If you are an affiliate, then you receive $30 for a new customer and $10 if a present customer asks for financial help. This program pays you as soon as the loan is approved, so you get the money sooner.
8. Lend You
Lend You does not give the loan to customers directly. You are connected to a network of lenders from whom you can take a pick.
However, they have specific business services like Check cashing. Your credit score is not an essential factor as these are short-term loans from $500 to $2500.
You must earn a steady income of at least $1000 per month, be over 18 years, and have valid savings and checking account in order for the loan to be approved.
However, their affiliate program is different from others. You get a percentage commission of the amount you borrowed.
So, if someone has taken a $2000 loan, you will get a $140 commission, but if they take a $200 loan, you will get only $14.
9 Ace Cash Express
Ace Cash Express started the operations in 1968 and is still surviving. They provide their customers with short-term and cash advance loans.
Their application process is also like other lenders-apply for a loan online, get approved, and receive your money the next working day.
What is the loan limit, and the repayment terms will depend on the state of residence. Their loan affiliate program commission rates range from $5 to $60.
The $60 commission is for installment and payday loans. On the other hand, the Ace Cash Express loan will get you $10 to $25 for every referral.
Next, we have Loan Mart, where you get a title loan on your car. Loan Mart has been serving its customer base for nearly 20 years now. More than 2.5 lakh customers across 25 states have received loans from the company.
Loan Mart ensures that your payment of loan happens within 24 hours of applying. For the affiliates, you get a flat $100 commission for all the loans funded. But this amount is only a one-time commission, and there is no scope for future earnings.
11. Upstart Affiliate Program
If you have a blog, or are active on social media, you can join Upstart’s affiliate program and earn commissions for referring borrowers. You’ll get $100 for every qualified applicant you refer, and there’s no limit to how many people you can refer. You can find out more about the Upstart affiliate program on their website.
If you refer someone to Upstart, and they get approved for a loan, Upstart will make an additional 20% of the “count towards your 20% commission cap.” If you go above this 20% cap, you’ll earn $12 per lead up to $200/month, $20 for leads between $200 and $500/month, and $40 per lead over $500/month.
12. Leads Market Affiliate Program
The Leads Market affiliate program is a way for businesses to connect with lead generators. The program provides the right set of tools to help businesses get clicks or calls, and make money in the process. In addition, the LeadBrain software pairs lenders to publishers, maximizing the potential for both.
13. OppLoans Affiliate Program
The OppLoans affiliate program is a great way for website and blog owners to make extra income. In the program, you promote OppLoans products and services on your website or blog, and you receive a commission for every loan that is funded through your referral.
It’s a great way to help people get access to the best possible loans, and it’s also a great way to make some extra money.
The OppLoans Affiliate Program provides you with a great opportunity to make money by promoting one of the most reputable lenders in the country. You can earn over $2,000 a month with just a single sale per day.
In addition, OppLoans offers you lots of great resources like text links, coupon codes, and banners to use on your website or blog. You also have the chance to create a custom insertion order with OppLoans. This gives you the ability to choose the products and services that you want to promote.
14. Loan Exchange Affiliate Program
The Loan Exchange Affiliate Program is a great way to make money. You can earn $50 for every personal loan application you send in, and $250 for every business loan application. The process is simple and takes only minutes to apply. Plus, the money shows up in your account the same day.
The Purefy Affiliate program allows you to promote the company’s “Find My Rate” tool and earn commissions on each funded loan. For each loan that you fund, you will earn a commission of $250.
16. Financial Literacy Group Affiliate Program
The Financial Literacy Group Affiliate Program enables affiliates to promote the company’s services and products in order to increase brand awareness and generate sales. In order to be approved, the affiliate program is simple and does not have many regulations. This makes it easy for smaller affiliates to join and participate. The Financial Literacy Group does not sell personal loans directly to consumers, which allows them to approve almost anyone.