Lending Gates' network offers a single product — personal loans from $100 to $5,000 — not a menu of different loan products. What changes is what people use it for. Below are the most common reasons people submit a request, so you can see where you fit before you start.
A car that won't start, an appliance that dies, a bill due before your next paycheck. This is the most common reason people submit a request — something came up faster than your savings could cover.
Typical range: $500 – $2,500
Instead of juggling several bills with different due dates, some borrowers use a personal loan to combine balances into a single monthly payment through the lender they're matched with.
Typical range: $1,000 – $5,000
Copays, procedures, or care that insurance didn't fully cover. Requests for medical expenses are reviewed the same way as any other — there's no separate "medical loan" product.
Typical range: $500 – $3,000
When a vehicle is how you get to work, a repair can't always wait for the next paycheck. Lenders in our network consider requests tied to keeping a car on the road.
Typical range: $500 – $2,500
A broken water heater, a roof leak, or other maintenance that's more urgent than it is optional. Not a home-improvement loan or a mortgage product — the same $1000–$5,000 personal loan range applies.
Typical range: $1,000 – $5,000
Moving costs, a big life event, or simply bridging a gap this month. If it doesn't fit neatly into a category above, you can still submit a request — lenders review the details you provide on the next step.
Typical range: $500 – $5,000