Check out the latest Possible Finance promotions, referral discounts, and bonus offers here.
Possible Finance gives small installment loans for borrowers that has bad credit or no credit history as well as help them build credit, but high rates make it an expensive option. So if you need a loan, but have bad or no credit, check out what Possible Finance has to offer for you.
| Lender | Loan Amount | Loan Term Lengths | APR Range | Origination Fee | Minimum Credit | Review |
|---|---|---|---|---|---|---|
| LightStream | $5,000 – $100,000 | 2 - 7 years* | See website for current rates | None | 660 | Review |
| SoFi | $5,000 – $100,000 ($10k min. for CA) | 2 - 7 years | See website for current rates | None | 680 | Review |
| Prosper | $2,000 – $40,000 | 3 or 5 years | 7.95% - 35.99% | 2.4% - 5% | 640 | Review |
| Lending Tree | $1,000 – $35,000 | 1 - 5 years | Varies | Varies | Varies | Review |
| Lending Club | $1,000 – $40,000 | 3 - 5 years | 10.68% to 35.89% | 1% - 6% | 600 | Review |
| Upstart | $5,000 – $30,000 | 3 or 5 years | 7.00% – 35.99% | 0% - 8% | 620 | Review |
| Payoff | $5,000 – $35,000 | 2 – 5 years | 5.99% - 24.99% | 0% – 5% | 640 | Review |
| PersonalLoans.com | $1,000 – $35,000 | 3 - 6 years | Varies | Varies | 580 | Review |
| Best Egg | $2,000 – $35,000 | 3 or 5 years | 5.99% – 29.99% | 0.99% – 5.99% | 640 | Review |
| Peerform | $4,000 – $25,000 | 3 or 5 years | 5.99% – 29.99% | 1% – 5% | 600 | Review |
| PenFed | $500 – $25,000 | 6 months – 5 years | 6.49% - 17.99% | None | None | Review |
| Wells Fargo | $3,000 – $100,000 | 1 - 5 years | 5.49% – 24.49% | None | 600 | Review |
| Avant | $2,000 – $35,000 | 2 - 5 years | 9.95% - 35.99% | 0% – 4.75% | 580 | Review |
| OneMain | $1,500 – $20,000 | 2 - 5 years | 18.00% – 35.99% | Varies | None | Review |
About Possible Finance
Possible Finance offers borrowers with no credit check a small installment loan for up to $500. This is a good alternative to traditional payday loans that you have to repay from o your next paycheck and are costlier.
Moreover, Possible Finance loan payments are reported to all three major credit bureaus – Equifax, Experian and TransUnion – while payday loans are not.
In order to get a Possible Finance loan, you must:
- Provide a valid driver’s license and Social Security number.
- Live in a state that Possible Finance serves: Florida, Idaho, Ohio, Texas, Utah and Washington.
- Link a checking account with at least 3 months of history.
- Have monthly income deposits of at least $750.
Having money left over after you pay your bills – positive cash flow – also helps!
Possible Finance loan application is fast and you can complete it on the mobile app wothin 60 seconds. Most of the approved applicants receive their funds instantly to their debit card. And to those who opt for a bank transfer funding will receive their loan in one to two business days.
You can repay Possible Finance every two weeks for eight weeks., plus you can defer your payments up to 29 days past the original due date at no added cost, interest charges or impact your credit score in anyway.
The app will also send a text or push notification the day before payment is due.
Possible Finance might charge flat fee or a monthly fee plus interest, depending on where you live:
| State | Fee | APR |
| Idaho Utah Washington |
Flat origination fee: $15-$20 for every $100 borrowed |
151% to 200% |
| Ohio | Monthly fee + interest | 215% |
| Texas | Monthly fee + interest | 230% |
Current Possible Finance Promotions
$5 Referral Gift Card Bonuses
Earn a bonus for each successful!
Possible Finance users can get a $5 gift card bonus for every person who downloads the app using your unique referral link and takes a Personal Finance loan.
- What you’ll get: $5 gift card bonus for each successful referrals
- There is no limit to how many people you can refer, nor how many referral bonuses you can earn.
- Who is eligible: Current Possible Finance member only
- Where it’s available: Possible Finance referral program
- How to earn it:
- Invite friends with your referral link from the menu bar in the app
- Click “Invite Friends” button to access your referral link then copy and share it
- Make sure your friends click on your link to get a download to the app
- After your friends accept their first loan with us, we’ll send you a $5 gift card to your email address.
- Offer terms: Your referrals must accept their first loan with Possible Finance and have their loan for at least 24 hours before your gift card bonus is issued.
(Visit the link above to download the application and sign up)
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Bottom Line
If you still think that Possible Finance is your best option then apply for their service through the app. They will ask you to link your bank account and provide a driver’s license as well as your personal information. Then you will receive a notification if you’ve been approved. If you’re looking for other personal loans, you can check out the best online personal loan lenders and other personal loan lenders for more options!
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