This appealing and playful domain would be well suited to a finance or crowdsourcing brand.
The word "LoanSpot" contains eight letters and only two syllables. Two syllable names make popular global brands. Established brands using two syllable names include Facebook, Delta and Pepsi.
Loanspot.com is a dot-com domain. Dot com domains are the most popular, and the most desirable. Once secured, a dot-com all but guarantees no-one else can outrank you for your own name in the long run.