Eligibility Requirements

To qualify for an installment loan through Possible Finance, applicants must meet the following basic requirements:

Basic Requirements

• Age: Must be at least 18 years old
• Residency: Must be a legal US resident
• Bank Account: Must have a valid US bank account in your name
• Income: Must have a steady, verifiable source of income
• Contact Information: Must provide a valid email address and phone number

Additional Considerations

While these are the basic requirements, lenders in our network may consider additional factors when reviewing your application, including:

• Credit history and credit score
• Debt-to-income ratio
• Employment history and stability
• Previous loan repayment history
• State of residence (service not available in NY, VT, AR, WV)

What You'll Need to Apply

Have the following information ready when you apply:

• Personal identification (driver's license or state ID)
• Social Security Number
• Bank account and routing numbers
• Proof of income (recent pay stubs or bank statements)
• Current address and contact information

Credit Requirements

We work with lenders who consider applicants with various credit profiles, including those with less-than-perfect credit. A soft credit check is performed during the initial eligibility assessment, which does not impact your credit score.

Important: Meeting these requirements does not guarantee loan approval. Final approval and loan terms are determined by participating lenders based on their individual underwriting criteria.

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