Is Splash Financial legit?
Splash Financial is a legitimate loan matching service. In business since 2013, it has helped provide more than $6 billion in financing to over 100,000 customers. The company is accredited by the Better Business Bureau (BBB) with an A+ rating and consistently receives high marks from past customers on Trustpilot.
It protects customer data through industry-standard security measures, including encryption, secure servers and limited access to personal information.
What makes Splash Financial shine?
Splash Financial has a lot of qualities that make it stand out from the competition. To start, it offers personal loans in wide-ranging amounts from $1,000 to $100,000 that can be repaid over two to seven years. It also offers other types of financing, including home equity lines of credit, student loans and student loan refinancing. This flexibility allows borrowers to tailor the loan to meet their needs.
Prequalifying is simple and can be completed wholly online in just a few minutes. All you have to do is provide some basic information to view your offers with no harm done to your credit score. And once your loan is approved, you could receive funds in as little as one business day.
Splash Financial also has an excellent reputation. The company is accredited by the Better Business Bureau with an A+ rating. Plus, it receives high marks from past customers on Trustpilot, with an overall rating of 4.8 out of 5 stars.
Where Splash Financial falls short
Splash Financial falls short for its lack of transparency regarding qualifications. Its website merely says that applicants “must meet applicable underwriting requirements.” This makes it hard for potential borrowers to gauge their chances of approval. Instead, they must fill out the preliminary application to check if they qualify for a loan, but this can be done with just a soft credit pull.
Interest rates and origination fees are another potential issue. The lowest possible APR is 8.99%, which is relatively high compared to similar loan marketplaces like Credible and Bankrate that start at 6.49%. If you have good credit, you might qualify for a better rate elsewhere. And depending on which lender you match with, you could end up paying an origination fee up to 12% of the loan’s amount. To avoid this, consider applying for a no origination fee loan instead.
Splash Financial personal loan details
| Loan amount | $1,000 to $100,000 |
| Terms | 2 to 7 years |
| APR | 8.99% to 35.99% |
| Turnaround | As soon as 1 business day |
| Minimum credit score | Not specified |
| Other requirements | Be a US citizen, green card holder or have a valid visa Be able to provide ID Have a checking or savings account Provide proof of income |
| Fees | Fees vary by lender Origination fee up to 12% may apply |
| Availability | Available in all states |
Splash Financial contact information
| Phone number | 1-800-349-3938 |
| Customer service hours | Monday to Thursday: 9 a.m. to 8 p.m. ET Friday: 9 a.m. to 6 p.m. ET |
| contact@splashfinancial.com | |
| X, formerly Twitter | @SplashFinancial |
| @SplashFinancial |
Calculate your monthly loan payments
If you’re curious about how much a loan might cost you, use the calculator below to find out. Simply enter your loan amount, repayment term and estimated APR.
Fill out the form and click on “Calculate” to see your
estimated monthly payment.
or
$
per month
Based on your loan terms
| Principal | $ |
|---|---|
| Interest | $ |
| Total Cost | $ |
How to qualify for Splash Financial
Splash Financial doesn’t list any minimum credit score needed to qualify for its loans. Here are the criteria that the company provides:
- Be a US citizen, a green card holder or have a valid visa
- Have an active checking or savings account
- Provide a government-issued ID
- Show proof of income
- Have a valid email address
How to apply
You can apply for a loan through the Splash Financial website. Here are the steps involved:
- Select Check Your Rate from any page on the website. If you’re a new customer, create an account using your email address.
- Provide some basic information about the loan you’re requesting, your contact information, income, etc.
- Receive preliminary offers from Splash Financial’s partner lenders.
- Review the offers, choose the one that best meets your needs, then complete a full application directly on the lender’s website.
- Sign the documents and return them once your application has been approved.
Loan disbursement times vary by lender, but you could receive your funds in as little as one business day.
How Splash Financial compares to other lenders
Compare other products
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How we picked these
What is the Finder Score?
The Finder Score crunches 6+ types of personal loans across 50+ lenders. It takes into account the product’s interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate – this gives you a simple score out of 10.
Read the full Finder Score breakdown
Splash Financial reviews and complaints
| BBB accredited |
Yes |
|---|---|
| BBB rating |
A+ |
| BBB customer reviews |
1 out of 5 stars, based on 1 customer reviews |
| Trustpilot Score |
4.8 out of 5 stars, based on 1,563 customer reviews. |
| Customer reviews verified as of |
25 July 2025 |
Overall, customer feedback on Splash Financial is positive. The company has a 4.8-star rating on Trustpilot, with 96% of customers giving it either four or five stars. Users say the process of getting a loan is fast and easy from start to finish. There are also multiple comments on the helpful customer service agents.
Those who had a bad experience complain about a loan not being approved, difficulty with the website and high interest rates.
What do people on Reddit say?
There are countless conversations about Splash Financial on Reddit, but most of them revolve around student loan financing, not personal loans. In the vast majority of conversations, Redditors ask others to weigh in on their experiences with Splash Financial because they’re considering refinancing their student loans through the company. The vast majority of replies are positive, with commenters stating that Splash Financial is legit and they had a good experience with the company.
