![]() IPhone and iPad users: get access to fast cash and credit via the Possible app on the Mac App Store. Possible Finance makes applying and managing your payments simple and easy via their mobile apps available on both the Google Play Store for Android users and Apple Store for iPhone users. ![]() Most Americans are now used to doing most if not all of their banking and financial transactions on their mobile phones. Once you pay off in full your initial loan and the funds clear, you’ll be able to reapply for a new loan. One thing to note: borrowers can only have one current loan outstanding at a time with Possible. Interest rates do apply but there are no origination fees, so check your individual loan agreement for amounts as these vary by state and total loan amount. Check your loan terms before accepting to make sure this is a loan repayment schedule that works for your income. Repayment plans are set to payoff in 8 weeks with either bi-weekly or monthly payments. If you are comfortable with the terms, you’ll need to go into the app to accept the loan for funds to be deposited into your bank account on record (linked during the application process) or onto your Visa or Mastercard debit card The approval is valid for 3 days so you don’t need to decide immediately if you want to accept the loan. Once your application is reviewed by the system you will be notified if you are approved and for the total amount of the loan. Valid Driver’s License or State issued ID.The application form will request the following documentation so be sure to have these on hand: Simply download the Possible Finance app, link your bank account for verification, and complete the application. There is no additional fee for getting the money straight to your debit card.Īpplying is a breeze. Funding typically occurs within minutes of approval but can take up to five days. Possible lets you borrow from $50 up to $500 (limits vary by state). Image source: Possible Finance How Much Can I Borrow From Possible? Rates are still higher than personal loans and credit cards, so consider carefully if the full repayment amount is worth the immediate cash need. The benefit of using Possible Finance is you can qualify for affordable short term loans that actually work towards building credit, a useful option for those with little or no credit or those rebuilding credit.Ī key benefit that is different from traditional payday loans is repayment isn’t due in one lump sum but is instead spread out into multiple installments with the flexibility to reschedule payments as much as 29 days later without fees or penalty. Possible Finance is an installment loan provider that offers an alternative to traditional payday loans and payroll advances. How to Reach Possible Finance Customer Service.Will Using Possible Finance Impact My Credit Score?. ![]()
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