Integra Credit Review
Introduction
Integra Credit is an online lender that offers high-cost installment loans primarily to borrowers with poor credit who may not qualify elsewhere. It provides fast approval and funding – often with a decision in minutes and funds available as soon as the next business day. However, the convenience comes at a price: annual percentage rates (APRs) are extremely high, often in the triple digits.
Integra Credit Overview
Integra Credit is a Chicago-based lending service specializing in small personal loans for people with bad or limited credit. Loan amounts range roughly from $500 up to $3,000, with repayment terms typically between about 10 to 21 months depending on your state. Unlike payday loans that require a full repayment by your next paycheck, Integra Credit loans are installment loans paid back over time in fixed payments. This can make repayment more manageable, though the overall cost is still very high.
The company only operates in Alabama, Arizona, Arkansas, California, Delaware, Florida, Idaho, Indiana, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, New Mexico, Ohio, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, and Wisconsin.
Integra Credit Pros and Cons
Pros:
Cons:
Fast funding: Quick application with an almost instant decision, and funds can be in your bank account by the next business day.
Loans for poor credit: Will work with bad-credit borrowers who might be turned down elsewhere. There’s no strict minimum credit score requirement.
No prepayment penalty: You can pay off your Integra loan early without extra fees, which can save a lot on interest.
No origination fees: The company does not charge anything for processing your loan request.
Soft credit check to apply: Submitting an application does not result in a hard inquiry on your credit report, so your credit score won’t be affected by checking your rate.
Extremely high APRs: Interest rates are astronomically high, often ranging from about 149% up to nearly 400% APR. This makes the loans very expensive if not paid off quickly.
Small loan amounts: Loan sizes are capped at around $3,000, which may be insufficient for some needs.
Limited state availability: Integra Credit only operates in 25 states, so many U.S. states are not serviced. You must reside in an eligible state to get a loan.
Mixed customer reviews: Some customers report issues such as being denied after initial approval or finding the loan cost much higher than expected, leading to complaints about predatory practices.
Integra Credit Interest Rates, Fees, and Terms
Below is a closer look at the company’s borrowing conditions.
Loan amounts: Integra Credit offers personal installment loans typically from $500 up to $3,000, though the maximum can vary by state law. The amount you qualify for will be disclosed after you apply and are approved.
Interest rates (APR): The APR on Integra Credit loans is extremely high. Depending on your state and application details, rates generally start around 100% APR and can climb to 150% – 399% APR in many cases.
Repayment terms: Loan repayment periods range roughly from 10 months up to about 21 months. Some states may have term limits (for example, some sources note 6–18 months, others up to 24 months). You will typically make biweekly or monthly payments.
Fees: Integra Credit advertises transparent loans with no origination fees and no prepayment fees. However, late payment fees do apply if you miss due dates. The lender offers a short grace period (one report mentions a 10-day grace period for missed payments) before charging a late fee.
Eligibility and Requirements
To be eligible for an Integra Credit loan, you must meet some basic requirements:
- Age and residency: You must be at least 18 years old and a U.S. citizen or permanent resident. You also need to reside in the state where the company operates.
- Bank account: You need an active checking account in your name.
- Contact details: A valid email address and phone number are required.
- Income: You should have a steady source of income to show ability to repay.
- Identification: During the application you’ll provide personal identifying information, such as your address and possibly a driver’s license or state ID number and your Social Security number.
How to Apply for an Integra Credit Loan
Applying for an Integra Credit loan is done entirely online and is designed to be quick and straightforward. Here are the basic steps you can expect:
- Submit an online application: Visit the Integra Credit website and fill out the application form. You’ll need to provide personal information, details about your income/employment, your Social Security number, and bank account information.
- Instant decision: Integra Credit’s system will process your information and typically give you a lending decision within minutes. In many cases, approval is virtually instant if you meet the criteria.
- Review and sign the loan agreement: If approved, you will receive a loan agreement electronically. Carefully review the terms, including the total repayment amount, APR, payment amounts, and any fees.
- Receive funds: After you sign the loan agreement, Integra Credit will disburse the funds to your bank account. Funding is fast – if you completed the agreement by the cut-off time, the funds are typically sent out the next business day.
Is Integra Credit Legit?
Yes, Integra Credit is a legitimate lender, in the sense that it is a real company that does provide the loans it advertises. It is Better Business Bureau (BBB) accredited (since 2018) and holds an A+ BBB rating. This indicates the company has been responsive to customer issues at least to meet BBB standards.
Integra Credit is based in Chicago, IL, and its loans are serviced by a parent company called Deinde Financial, LLC, which suggests a real corporate presence rather than a scam operation. The company also partners with an FDIC-insured bank (TAB Bank) to fund loans in certain states, a common practice among high-cost lenders that allows them to operate where state interest caps exist.
However, just because it is a legally operating business doesn’t necessarily mean it’s a good deal for consumers. Integra Credit charge APRs that may reach 400% APRs.
Integra Credit Loan Reviews & Reputation
Integra Credit has mixed reviews from customers, with some praising its convenience and others warning about its practices. Here’s an overview of its reputation:
- Better Business Bureau: Integra Credit is BBB-accredited with an A+ rating. However, customer feedback on the BBB site is mediocre – an average of 3.61 out of 5 stars based on a relatively small number of 49 customer reviews. Many negative BBB reviews claim that borrowers were initially approved and even asked to provide banking information, only to have the loan denied with no clear explanation afterward. There are also complaints of “bait-and-switch” tactics – customers say they were promised one interest rate or loan term but ended up with significantly worse terms.
- Trustpilot: On Trustpilot, Integra Credit surprisingly has a high score of 4.7 out of 5 stars based on over 2,538 customer reviews (as of February, 2025). Many of these reviews are positive, which typically mention the fast and easy application process and that funds were received quickly.
Integra Credit vs. Other Lenders
When comparing Integra Credit to other lenders, especially those targeting similar borrowers (bad credit, need cash fast), it’s clear that Integra Credit is one of the more expensive options. Here’s how it stacks up against a few alternatives:
- Traditional personal loans: Banks, credit unions, or online lenders that offer standard personal loans usually have APRs capped around 36% or lower for those who qualify. Compared to these, Integra Credit’s APRs (often 150% – 400%+) are exponentially higher.
- OppLoans: OppLoans is another lender focused on subprime borrowers. Like Integra, OppLoans offers installment loans with fast funding and no prepayment fee. However, OppLoans’ APRs (around 160% – 179%) are lower than Integra’s typical rates. Both companies only operate in certain states and cater to those with poor credit.
- Rise Credit and other high-cost installment lenders: There are a few similar services like Rise, NetCredit, Personify, etc. These lenders also charge high triple-digit APRs in many cases, though the exact range varies. For instance, Rise Credit loans can have APRs from about 50% up to 299% depending on state and product. Integra Credit’s top rates can be higher than many competitors, making it one of the steepest.
Final Thoughts
Integra Credit can provide a quick financial lifeline if you’re in a bind and have no better options. It is a legitimate lender that delivers on getting funds to borrowers with poor credit in a hurry. The loan process is convenient and the ability to repay in installments is an advantage over payday loans’ lump-sum approach. However, the cost of Integra Credit loans is extraordinarily high. These loans should truly be viewed as a last resort for emergency needs.
FAQ
Does Integra Credit do a hard pull?
No – Integra Credit’s application process uses a soft credit inquiry. This means when you apply to see your loan offer, it will not impact your credit score.
How fast can I get my Integra Credit loan?
Integra Credit is known for its fast funding. In many cases you can get the money as soon as the next business day after approval.
What happens if I don’t pay back my Integra Credit loan?
Failing to repay an Integra Credit loan can lead to serious consequences, just like defaulting on any loan. If you miss a payment, Integra Credit will likely charge you a late fee after a 10-day grace period.
Is an Integra Credit loan better than a payday loan?
Both Integra Credit loans and payday loans carry extremely high APRs but are repaid differently. A traditional payday loan usually must be repaid in full on your next payday, which can be incredibly difficult. In contrast, an Integra Credit loan is repaid in multiple installments over a few months. However, it also results in more interest accumulated over time.