What happens after you apply
- You see a real offer, usually straight awayAPR, monthly payment, due dates, and total repayment. Nothing is committed at this point and you can walk away.
- VerificationWe confirm your identity and the checking account your income is paid into. The bank connection is read-only and cannot move money.
- You e-sign, if you want toThis is the only point a hard credit inquiry occurs, and you are told before it happens.
- Funds are sentBy direct deposit, as soon as the next business day. Your first payment falls about 30 days later.
If we say no
You receive a written adverse action notice listing the specific principal reasons, as the Equal Credit Opportunity Act requires. Most reasons are fixable: a smaller amount, a longer term, income verified through the right account, or three to six months of clean payments. What we will not do is approve a payment that does not fit your budget. That reasoning is set out on the responsible lending page.
We never ask for money before funding
No processing fee, no insurance fee, no good-faith deposit, no gift cards, no wire transfers. Anyone who does is not us. Verify our NMLS ID on the licences page before sending anything to anyone.
Before you finish the form
If a hardship plan from the original biller, a LIHEAP or 211 grant, or a credit union payday alternative loan is realistically available to you, take it instead. All three cost less than we do. The full list is on payday loan alternatives, and the affordability calculator will tell you in about a minute whether the payment fits your month.
Questions about applying
Credit impact, timing, what you need to hand, and what happens if the answer is no.
Does applying affect my credit score?
Checking your rate uses a soft credit inquiry, which only you can see and which has no effect on your score. A hard inquiry, which can cost a few points temporarily, happens only if you accept an offer and move to signing. You are told explicitly before that occurs.
How long does the application take?
About five minutes to check your rate. Verification and e-signing usually take the rest of the same day. Approved funds are sent by direct deposit as soon as the next business day.
What do I need to hand?
Your legal name as it appears on your ID, home address, date of birth, Social Security number, monthly income and its source, and the checking account your income is paid into.
Am I obliged to take the loan if I am approved?
No. Seeing an offer commits you to nothing. You can review the APR, payment, and total cost and decline without any consequence.
Why do you need my Social Security number?
To verify your identity and obtain a credit report, both of which are required of licensed lenders. It is transmitted over an encrypted connection and never displayed back to you.
What if I live in a state you do not serve?
We cannot lend to you, and the form will tell you rather than taking your details. Anyone who contacts you claiming to lend on our behalf in that state is not genuine. The full list is on the licences page.