Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

Salt Lending review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

Salt Lending is a US direct lender for borrowers with a thin credit file who want a fixed-rate personal, secured or business loan. Its APR runs 7.49% to 10.5% with an origination fee of $0 (0%) and no credit check, so what the loan costs is the main thing to weigh.

Key facts

Best for
A fixed-rate personal, secured or business loan with no credit check and no origination fee.
APR
7.49% to 10.5%↗
Loan amount
$5,000↗
Term
12 to 60 months↗
Arrangement fee
$0 (0%)↗
Credit check
None↗
Funding time
24-48 business hours↗
Representative example
One-year $10,000 loan at 6.00% APR: 12 monthly payments of $861, no down payment↗
Rate type
Fixed↗
Lender type
Direct lender↗
Free early repayment
Yes↗
Eligibility
Case-by-case eligibility subject to KYC/AML; lending limited to listed jurisdictions↗
Origination fee (%)
0%↗
Loan types
Personal, Secured, Business↗
Credit needed
Poor↗
Legal entity
SALT Lending LLC↗
Headquarters
United States↗
Founded
2016↗
Support channels
Email, Chat, Phone, Help-centre↗
Pricing model
Fixed rate
Features
Same-day funding
Official website
saltlending.com

Facts checked September 26, 2026, 4 sources

Apps and profiles

Get the app
Google PlayApp Store
Elsewhere
TrustpilotLinkedInXsaltlending.com

Pros and cons

Pros

  • Credit check is none, and poor credit can still qualify.
  • The origination fee is $0 (0%) on the personal, secured and business lending.
  • Free early repayment, so clearing the balance ahead of schedule adds no cost.
  • Fixed-rate loans over 12 to 60, with same-day funding listed under same day funding.

Cons

  • 7.49% to 10.5% spans a wide spread, and eligibility is case by case, so two applicants can land on different rates.
  • The top loan amount is $5,000, which suits modest needs rather than large consolidations.
  • Funding runs to 24-48 business hours, so the cash does not land the moment approval comes through.
Salt Lending

Ready to try Salt Lending?

Scored 9.2 / 10 by SumCue.

See alternatives

Who it suits

  • Borrowers whose credit file is thin, since the credit check is none and poor credit is accepted.
  • Applicants who can clear KYC and AML checks in a listed jurisdiction.
  • Small business owners needing fixed-rate business lending, one of the personal, secured and business on offer.

Who should look elsewhere

  • Borrowers needing a much bigger loan, since Creduma ES has a minimum loan of from €12,000 against the $5,000 cap here.
  • Borrowers based in the Philippines or Spain, who should look at Cashspace quoting PHP 12 to PHP 36 in pesos, or Sofkredit quoting 10.74% to 18.06% in euros.

The company behind it

Salt Lending trades as SALT Lending LLC, a direct lender headquartered in the United States and founded in 2016. Support runs on email, chat and phone. Its licences include NMLS registration 1711910, a California DFPI consumer finance licence 60DBO-87584, Colorado SUP-4000825, Idaho RRL-11258, Michigan RL-0025685, Illinois CI.0004527-H and Wyoming CL-4284, plus a FinCEN money service business registration for SALT Platform, LLC 31000213435971.

How Salt Lending compares

Where Salt Lending is available

Available
Australia, Brazil, Canada, New Zealand, Northern Mariana Islands, Portugal, Puerto Rico, Switzerland, United Arab Emirates, United Kingdom, United States, Vietnam
Licence in United States
NMLS (NMLS Consumer Access) (1711910), checked September 26, 2026
Licence in United States
California DFPI (Consumer Finance Lender) (60DBO-87584), checked September 26, 2026
Licence in United States
Colorado (Supervised Lender) (SUP-4000825), checked September 26, 2026
Licence in United States
Idaho (Regulated Lender) (RRL-11258), checked September 26, 2026
Licence in United States
Michigan Department of Insurance and Financial Services (Regulatory Loan) (RL-0025685), checked September 26, 2026
Licence in United States
Illinois (Consumer Installment Lender) (CI.0004527-H), checked September 26, 2026
Licence in United States
Wyoming (Consumer Lending) (CL-4284), checked September 26, 2026
Licence in United States
US Financial Crimes Enforcement Network (FinCEN) money service business registration, SALT Platform, LLC (31000213435971), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate will I pay on a Salt Lending loan?+

Personal, secured and business borrowing is priced at 7.49% to 10.5%. The rate type is fixed and the model is fixed rate, so the monthly amount does not drift once a loan is agreed. The origination fee is $0 (0%).

Is there an arrangement fee to pay?+

The origination fee is $0 (0%), so nothing is added on top of the interest for setting the loan up. Free early repayment also means settling the balance ahead of the end date adds no charge.

Does Salt Lending run a credit check?+

The credit check is none and the credit you need is poor. Applications are still decided case by case under KYC and AML checks, so an approval is never a certainty for any applicant.

How much can I borrow, and over what term?+

Loans run to $5,000 with terms of 12 to 60. The loan types are personal, secured and business, so personal, secured and business borrowers can all apply. Fixed-rate terms keep the payment level for the whole term.

How quickly is the money sent?+

Funding takes 24-48 business hours once a loan is approved, and same-day funding is listed under same day funding. Plan for the money to arrive the same working day or the one after, rather than the instant a decision lands.

Is Salt Lending regulated?+

It is registered with the NMLS under 1711910 and holds state licences in California, Colorado, Idaho, Michigan, Illinois and Wyoming, alongside a FinCEN money service business registration. Coverage therefore runs state by state.

Who can apply?+

Eligibility is case by case, subject to KYC and AML checks, and lending is limited to listed jurisdictions. Applicants need a credit profile that fits poor credit, and help is offered on email, chat and phone.

What does the representative example show?+

The published example sets out a loan repaid in equal monthly instalments with no down payment. Fixed-rate lending at 7.49% to 10.5% over 12 to 60 means the instalment holds steady right through the term.

Sources

  • nmlsconsumeraccess.org checked September 26, 2026

    Backs: Licences

  • saltlending.com checked September 26, 2026

    Backs: Credit needed, Founded, Funding time, Headquarters, Lender type, Support channels

    “No credit check”

  • saltlending.com/ineligible-jurisdictions checked September 26, 2026

    Backs: Loan types

    “Select either Personal or Business as your loan type.”

  • saltlending.com/personal checked September 26, 2026

    Backs: Credit check, Features

    “No, we don't check your credit. Your crypto is your credit.”

  • saltlending.com/rates-and-fees checked September 26, 2026

    Backs: Loan amount, APR, Eligibility, Free early repayment, Legal entity, Pricing model, Arrangement fee, Origination fee (%), Rate type, Representative example, Term

    “Loan Minimum $5,000 *availability based on jurisdiction”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Salt Lending

Salt Lending

A fixed-rate personal, secured or business loan with no credit check and no origination fee.

9.2/10See alternatives