Spotloan is an online loan company owned by BlueChip Financial, a tribal lender that offers short-term personal loans with fixed payments. Spotloan offers loan amounts that range from $300 to $800 with repayment terms of up to 10 months.
In this way, can u go to jail for not paying a payday loan?
You will not go to jail if you do not pay a “payday” loan. … A creditor may pursue collection of a debt through the civil courts in the United States; however, debtors cannot be prosecuted in criminal court for not paying a debt.
Secondly, does Spotloan check your credit?
While Spotloan checks your credit history with various credit reporting agencies, your application will not have a direct impact on your FICO score. Available in most states.
How do you get a Spotloan?
You can apply for a spot loan online, over the phone or through your ATM. Borrowers must submit personal information including name, phone number, Social Security number, income, and the intended purpose of the funds.
How long does a Spotloan deposit take?
Deposits will be received within the same day if applicants accept their loan terms before 10 a.m. Spotloan deposits usually arrive within 24 hours, but can take one to two business days.
Is MoneyLion legit?
Yes, MoneyLion is a legit and legal banking service/ company that utilizes a secure website and MoneyLion app. When you sign up, you may need to sign in to your bank account using a secure mobile process.
Is Motiveloan legit?
Bottom Line
Overall, Motive Loan is a nice way to find the best loan quickly. If your credit is fair or poor, finding a payday loan can be difficult, but this service has made it much easier. This website is recommended for those who have bad credit or even bankruptcy.
Is Speedy cash a legit loan company?
Is Speedy Cash legit? Speedy Cash offers customers quick funds up to $26,000 both online and in stores. … While its interest rates are high, Speedy Cash is a legit option for people who need cash fast and can pay it back within the allotted time.
What App Can I borrow money from today?
- Earnin. Earnin is an app that allows you to borrow against your next paycheck quickly without any fees or interest payments attached. …
- Dave. If overdraft fees are cutting into your budget, Dave can help. …
- Brigit. …
- Current. …
- Chime. …
- MoneyLion.
What apps will let me borrow money?
Here are the best borrow money and paycheck cash advance apps you can use right now:
- Wealthfront Cash Account. Wealthfront is one of the best robo-advisors out there. …
- Chime. …
- Empower. …
- Axos Bank — Direct Deposit Express. …
- Earnin. …
- DailyPay. …
- PayActiv. …
- FlexWage.
What credit score is needed for Spotloan?
What happens if you dont pay Spotloan?
You always have the freedom to pay off your Spotloan at any time with absolutely no prepayment penalty. No questions asked, and no prepayment penalties, ever. That’s because Spotloans are installment loans and not payday loans. With Spotloan, you pick your loan amount and payment size.
What is verge credit?
Verge Credit is a loan service provider offering personal loans between $500 and $5,000 through Stride Bank. Verge Credit’s lending process is totally online, and you can get a lending decision in seconds and funding in as little as one business day, even if you don’t have the best credit score.
Which state can apply for Spotloan?
Spotloans are currently available to residents of all states except Arkansas, Connecticut, District of Columbia, Illinois, Maryland, Minnesota, New York, North Dakota, Pennsylvania, Vermont, Virginia, and West Virginia. Our maximum Annual Percentage Rate (APR) is 490%.