Find the latest Boro promotions, discount codes, and coupons here.
If you are a college student, managing your finances may be difficult. However, Boro is an app that provides you with money management and budgeting tools all from your phone. Continue reading below to see more about Boro and their current offers.
If you like promotions like these, then be sure to check our full list of Referral Promotions created just for you to save money.
About Boro
Boro is a money management tool that also lets college students borrow money who might not otherwise have access to a loan. The company behind the app is Westbon, Inc. It was founded in 2015 and is based in Chicago, Illinois.
Boro Features & Pricing
Boro is a personal finance app designed specifically for college students. It features many tools such as:
Money Management
You have access to automatic expense tracking, spending goals and spending tips. Not only that but you can get regular updates on your credit score and tips on building credit. With Boro, you can compare your financial manners to other college students in your school, state and nationwide.
Loans For College Students
Through Boro, college students can qualify for an installment loan and auto financing. Boro is able to approve those students who are not qualify for a loan. It considers your information such as school enrollment status, GPA, utility bills, and checking account transactions.
BoroCash is similar to a line of credit, with interest rates from 15.00% to 19.99%. Upon the creation of your account, the $2,000 line is instantly available. The application quick and simple, and funds are available within one or two business days. This is currently available in 15 states.
Once you pay off the borrowed amount, you will not need to apply to borrow again, helping you build credit.
BoroDrive provides funds to college students who need to make car purchases. This is currently available in 30 states. The loan amounts can range from $5,000 to $3 million, with terms from 12 to 60 months. The rates range between 6.00% and 13.99% and requires a down payment:
- Loan amount < $30,000 = 25% of pre-tax car price
- Loan amount > $30,000 = 35% of pre-tax car price
The approval process takes around one business day, and all the necessary paperwork can be signed electronically.
Current Boro Promotions
$5 Welcome Bonus
$5 Welcome Bonus
Currently, Boro is having a promotion where customers can enjoy a $5 Welcome Bonus! All you have to do is sign up using a referral link and connect your bank or credit account. Currently, we do not have a referral link, so readers can feel free to post theirs in the comment section below!
- Offer expiration: Limited time offer.
- What you’ll get: $5 Welcome Bonus
- Where it’s available: Boro
- How to earn it: Simply, sign up using a referral link and connect your bank or credit account to earn your $5 welcome bonus.
(Click here to learn more about this promotion)
Give $5, Get $5 Referrals
Give $5, Get $5 Referrals
If you are loving the services that Boro has to offer and knows somebody who might love it too, consider referring them! Boro is offering a Give $5, Get $5 Referrals when you refer people you know.
- Offer expiration: Limited Time Offer
- What you’ll get: Give $5, Get $5 Referrals
- Where it’s available: Boro
- How to earn it:
- Log into your account and find your unique referral link
- Share them with friends and family
- Referrals must connect their bank or credit account.
(Click here to learn more about this promotion)
 |
 |
Bottom Line
Boro is a helpful tool for college students looking to manage their finances and budget better. If you’re interested in promotions for Boro, then save this post because we update it regularly to make sure you save the most!
Additionally, for more ways on how to save money, be sure to also check out the Best Discounted Gift Cards list offered here at HMB!
Leave a Reply