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review big picture loans

The Truth About Big Picture Loans: A Comprehensive Review and Comparison

review big picture loans


Big Picture Loans is a popular online lender that provides personal loans to individuals in need of financial assistance. With flexible repayment terms and quick approval processes, Big Picture Loans has become a go-to option for many borrowers. However, before applying for a loan, it's crucial to understand the pros and cons of working with this company. In this article, we'll take a deep dive into Big Picture Loans and review its services, including its application process, interest rates, and customer support.

The Application Process

Applying for a loan with Big Picture Loans is a fairly simple and straightforward process. The company offers online applications, making it convenient for borrowers to apply from the comfort of their own homes. To start the process, applicants must fill out an online form with their personal and financial information. This includes their name, address, employment details, and bank account information.

Once the application is submitted, Big Picture Loans will review the information and determine the borrower's eligibility. The company typically responds to applications within one business day, making it a quick process for those in need of urgent funds. However, it's worth noting that the company only operates in certain states, so it's essential to check their website to see if their services are available in your area.

Interest Rates and Fees

When it comes to interest rates, Big Picture Loans' rates are above the national average. The company's APRs can range from 35.99% to 699.99%, depending on the borrower's creditworthiness. Applicants with good credit may receive a lower interest rate, while those with poor credit may receive a higher rate. Additionally, Big Picture Loans charges an origination fee of up to 5% of the loan amount.

While these rates may seem high, it's essential to keep in mind that Big Picture Loans is a tribal lender. This means that they operate under the laws of an Indian tribe, and their rates may not be subject to state or federal regulations. As such, it's crucial for borrowers to carefully consider the rates and fees before accepting a loan with this company.

Repayment Terms

One of the main advantages of working with Big Picture Loans is its flexible repayment terms. The company offers loans ranging from $300 to $3,000 with repayment terms of up to 18 months. This allows borrowers to choose a loan amount and repayment term that best fits their needs and budget. Additionally, the company offers an Early Payment Discount, where borrowers can save on interest by paying off their loan early.

However, it's essential to note that Big Picture Loans operates on a bi-weekly repayment schedule. This means that borrowers must make payments every two weeks, which may be challenging for some individuals to manage. It's crucial to carefully consider this repayment schedule before taking out a loan with this company.

Customer Support

Big Picture Loans has a dedicated customer support team that is available via phone or email during business hours. However, the company does not have a live chat option, which may be inconvenient for some borrowers. Additionally, the company does not have a FAQ section on their website, making it difficult for borrowers to find answers to common questions on their own.

Pros and Cons of Big Picture Loans


  • Convenient online application process
  • Quick response and approval times
  • Flexible repayment terms


  • Higher interest rates and fees
  • Operates on a bi-weekly repayment schedule
  • Limited availability in certain states
  • Lacks a live chat option and FAQ section on their website


In conclusion, Big Picture Loans can be a good option for individuals in need of quick and convenient personal loans. Its online application process and flexible repayment terms make it a popular choice among borrowers. However, it's essential to carefully consider the higher interest rates and fees associated with this company, as well as the bi-weekly repayment schedule. It's always advisable to compare multiple lenders and their rates before making a decision. We hope this review has provided valuable insights and will help you make an informed decision when considering Big Picture Loans as your lending option.



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