Sail Loans Reviews, Requirements & How To Apply

Get up to a $4,000 quick loan to solve your personal financial needs from Sail. Before you proceed with the application, read this quick Sail Loans review to know whether it is trustworthy, legit, or a fraudulent company. The need to get money to pay bills before one’s payday has necessitated the rise of many installment loan companies. These are in contrast to payday loans as they give you more time to repay the debts.

However, the proliferation of these companies has birthed some fraudulent ones. Therefore, it is advisable to always read reviews about any of them before you give your details in the application. So carefully read these Sail Loans reviews before you decide to apply for that loan. 


Sail Loans


Sail Loans is a finance company that gives personal installment loans to its customers. It is located in Chicago and offers savings and loans that help customers build their savings while getting loans to offset urgent bills.

With this company, you can get payday loans, credit-building loans, instant loans, personal loans, and so much more. With this company, you can get as much as $4000 for personal use. And the interesting thing about it is that the eligibility criteria are not very stringent.

So before you go ahead with the application process, let us see what customers are saying about Sail Loans. This will help you make an informed decision about what you want to get into. 


Sail Loan Reviews


Reviews are an important part of any business as they go a long way to show how much the company has carried out its function as claimed. Interestingly, Sail Loans has received general applause from its customers.

Many of them have praised it for its easy loan application process, friendly customer service representatives, professionalism, and so on. The reviews show that it has met the expectations of customers. 

There are, however, very few negative reviews which are about the loan repayment process and the unresponsiveness of some representatives. Here is one of such negative reviews. 


“The way their loan process works is if you are approved for $1000 you only get $200 until you’re able to pay off the entire $1000. If someone could pay off $1000 before they borrowed it WHY WOULD THEY NEED TO BORROW THE MONEY? Pointless, please do not waste your time with them”.

We further carried out research by looking at some major review websites. Read the best paragraph to see our findings. 

Sail Loan Reviews Trustpilot


Sail Loan has a 3.5-star rating on the Trustpilot website with over 79% of customers giving it a 5-star. This shows that many customers are satisfied with the services it offers. 

The firm was commended for good customer service, easy loan application process, and fast disbursement of funds. Negative comments were also recorded as some customers complained of high-interest rates. Another customer expressed disappointment with the firm as her bank was rejected after going through the rigors of entering her details. 

Sail Loans Reviews TrustAnalytica


TrustAnalytica is another popular website where customers review products. Interestingly, Sail Loan has a whopping 4.6/5 star rating here. About 88% of the total number of reviews gave the firm 5 stars. It has been commended for excellent customer service, accessibility, friendliness, and so on. 

Sail Loans Reviews BBB 


Sail Loan does not have an account with the Better Business Bureau hence it is not accredited by the company. But not to worry, this is not so much a problem because BBB is a paid platform. And it’s accounts on other platforms have more positive than negative reviews. So read our view in the next paragraph. 

Is Sail Loan Legit?


Stemming from the reviews so far, Sail Loans is legit and not a scam. It has passed the test of offering to its customers the services that it claims to give. Also, its services are transparent as there are no hidden charges, and terms are laid out for everyone to see on their website. 

Furthermore, the organization has a physical address where customers can visit and make inquiries in person. The location is at 1507 E 87th Stony. Its website contains a phone number through which you can reach out to the customer service team of the company. The websites use affiliate licenses granted to them hence its operation is legal. With all of these, we can confidently say that Sail Loans are legit. 

How To Get A Loan From Sail Loans


You can get a Sail Loan by applying to them. The application process is easy and fast. It can be done both online and in person. For the online application, visit its website and click on Apply Now. Fill out an application form that takes just a few minutes to complete and submit it. The company will review your application to determine your eligibility. If approved, the funds will be deposited directly into your bank account account. 

It also gives you the option of physically applying for loans at its office in Chicago. The customer service representatives are always ready to guide you through the entire application and approval process. It is easy and hassle-free. 

Requirements To Get A Loan From Sail Loans


You should have the following requirements to get approval for a loan from this organization. 

  • A good credit score. 
  • Proof of income. 
  • An active bank account. 
  • A government-issued ID or Driver’s License. 

What Are Sail Loans Interest Rates?


This financial institution as we have mentioned gives personal installment loans from $100 to $4000 at a maximum interest rate of 35.99%. And it has a long-term repayment plan of up to 12-24 months.

Pros And Cons Of Sail Loans


This company like others has strengths and weaknesses. These are summarized below into pros and cons. 


  • Quick loan application process
  • Fast loan approval.
  • Savings and loan program. 
  • Long loan repayment plan. 
  • Competitive interest rates
  • High maximum loan amount
  • Excellent customer service.


  • Not available in all states. 
  • Carried out a credit check. 
  • Loan conditions are subject to change. 


Sail Loans reviews show that it is a legit, reputable, and licensed company that has carried out its function appropriately for many years. Therefore it is a safe loan option. However, do not ignore the cons discussed above as they are meant to guide your decision.

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