Earnest is a merit-based lender with a unique approach to personal lending and credit. The company considers a number of factors during its rigorous underwriting process, including not only an applicant’s credit history, but also their financial history, educational background, and professional achievements. Earnest uses this proprietary underwriting model to provide financially responsible people with loans at very low interest rates. Earnest does not charge origination fees, prepayment fees, or late fees. Earnest currently lends in sixteen states and offers one, two, or three-year loans for up to $30,000 starting at 4.25% APR. Earnest loans can be used for a variety of purposes, including relocation expenses, wedding costs, and travel.
Type
Private
HQ
San Francisco, US
Founded
2013
Employees
174 (est)+2%
Earnest was founded in 2013 and is headquartered in San Francisco, US

Key People at Earnest

Brian Romanko

Brian Romanko

CTO
Benjamin Hutchinson

Benjamin Hutchinson

COO & Co-Founder
Louis Beryl

Louis Beryl

CEO & Cofounder
Erin Kavanaugh

Erin Kavanaugh

Client Happiness
Brandon Humpert

Brandon Humpert

Data Platform Engineer
Melissa Doerken

Melissa Doerken

Program Manager
Paul Williams

Paul Williams

Head of Capital Markets
Daniel Demetri

Daniel Demetri

Product Lead
Alex Lockwood

Alex Lockwood

Software Engineer
Hannah Swann

Hannah Swann

Product & Visual Design

Earnest Locations

San Francisco, US

Earnest Metrics

Earnest Summary

Founding Date

2013

Total Funding

$299 M

Latest funding size

$75 M

Time since last funding

about 1 year

Investors

Earnest's latest funding round of $75 M was in November 2015. In total, Earnest has raised $299 M.

Earnest Online Presence

Earnest News

Earnest Company Life

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