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Redo Lending Review StaffApr. 04, 2019

In a Nutshell

Redo Lending uses a technology-assisted system to obtain fast and fair personal loans for a range of borrowers. It’s in tune with the needs of modern borrowers and offers a quick and streamlined way for them to eliminate their debts without charging any fees.


  • Online application process is fast and hassle-free
  • No prepayment penalties charged


  • High origination fees compared to competitors
  • Only available in 5 states

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Redo Lending at a Glance

Loan type
Unsecured personal loans
Loan amount
From $7,500 to $100,000
Repayment terms
180 months
16.68% - 35.16%
Best for
Customers looking to consolidate an older loan


Redo Lending is a relative newcomer to the personal loans industry, taking advantage of a technology-assisted system to obtain fast and fair personal loans for a range of borrowers. It understands that when it comes to life’s expenses, time is often of the essence, and has therefore provided a way to gain expedited access to cash. Redo Lending is owned by LoanMe, a trusted name in online lending, and a company known for its ability to loan with terms that benefit the average consumer. It is quickly establishing a place for itself among other young lenders, especially others who are taking similar steps to push the industry’s status quo for service.

Best For?

  • If you need a loan immediately and want to pay it off quickly

A big advantage of borrowing from Redo Lending is the absence of any prepayment penalty. Alongside an efficient lending system, one can pay back their loan just days after filling out an application.

  • Borrowers who want to consolidate their existing loans

Redo Lending will approve an applicant with multiple outstanding loans, and can deliver a cheaper solution that encompasses them all under a single rate. To do so, it employs an escrow system that contributes to outstanding debts, while the borrower must only focus on the new loan.

Loan Features

After a fast application, you can usually receive an unsecured loan with competitive terms and a flexible repayment schedule within a single day. Redo Lending caters toward borrowers who need cash fast, like the case of an emergency medical surgery or vital home repair. Therefore, while the APR may not be the lowest in the market, it is more than made up for by the speedy lending process and low borrower requirements.

Highlights for Redo Lending:

  • Effortless interface makes self-education easy
  • Quick online application process puts real terms on the table quickly
  • Obtain a direct loan to a bank account within 1 day
  • No penalty fees for paying off the loan early
  • Unsecured loans up to $100,000 for homeowners and non-homeowners
  • Refinance existing loans under one umbrella
  • Monthly payments as low as $94.40
  • Friendly customer service representatives and loan advisors

The Application Process

Redo Lending’s online application form can be filled out in a matter of minutes, and only collects essential personal details. After inputting introductory data, you will receive a call from a Redo Lending representative to continue the process. A trusted loan advisor will go through all the options with you and you just need to choose the one that’s right for you. 

Loan Terms

If you are a homeowner you can get as little as $7,500 or as much as $100,000, with APRs ranging from 12.90% to 19.90%, depending on your current credit score and credit history. Non-homeowners can take a minimum of $15,000, and up to $100,000 with APRs from 15.90% to 22.90%. 

You can borrow $100,000 in as little as a day without collateral and you can also hold the amount of the loan in a bond, while Redo Lending consolidates your existing debts. One of the best parts about a loan from Redo Lending, however, is that if you want to pay back your loan early there are no penalties involved.

Repayment Terms

It’s unique that Redo Loans has only a single, 180-month term for all its loans, no matter the amount. This makes calculating your APR simple. For instance, if you borrow $7,500 at the lowest rate of 12.90%, and an origination fee of 17.00%, this translates into a total APR of 16.68%, that when carried over the entire 180-month term totals just under $17,000. However, you can skirt all this extra interest by paying off your loan early, something that most lenders make impossible without paying a fee.

How Safe is It?

The safety of Redo Lending’s online application is peerless, if only because the most sensitive information is given during a phone conversation with a company loan advisor. Additionally, the company uses the highest standard storage and sharing standards for its customer data. The website’s use of secure socket layer protocol, which shows Redo Lending’s seriousness about data integrity.

Help & Support

If you want to get in touch with a Redo Lending representative you can dial a toll-free number listed on the website. Unfortunately, email correspondence and support are unavailable. 

Redo Lending Redo Lending Visit Site


Redo Lending is an impressive up-and-coming lender with a focus on its customers. It is in tune with what modern borrowers want more than anything else: a fee-free way to eliminate debt as soon as possible. With no prepayment fees and an affordable term schedule, Redo Lending offers a great way to consolidate debt and get access to funds quickly. 

Physical Address

Redo Lending

1439 W Chapman Ave, #261

Orange, CA 92868 StaffJun. 24, 2019
Our editorial staff is comprised of writers who are knowledgeable about financial services. We specialize in simplifying the process of choosing the right personal loan provider for your needs.
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