Deposit of Possible Loan

The time it takes for your money to arrive depends on the deposit method you selected when accepting your loan.

Deposit methods and arrival times

  • ACH (automatic bank deposit) Arrives in 1–2 business days, not including Saturdays, Sundays, or bank holidays.
  • Debit card Often arrives within an hour, but may take up to 24 hours.
  • Check Arrives by mail in approximately 7 business days. 

How to know if your ACH deposit will take 1 or 2 business days

It depends on when you accepted your loan:

  • Before 2PM PST — your money arrives the next business day
  • After 2PM PST — your money arrives in 2 business days

A few examples:

  • Accepted Thursday night or Friday → arrives Monday
  • Accepted over the weekend → arrives Tuesday

Want your money faster? Add your debit card.

If you have a compatible debit card associated with your primary account and haven't already selected ACH, you can switch to debit card deposit to receive your money within an hour — any day, any time.

To do this, select the option to add your debit card in the app.

A few things to note:

  • Occasional delays can push arrival time up to 24 hours
  • Some debit cards aren't compatible at this time
  • For the deposit of funds, the debit card must be associated with the account you applied with.
  • If you run into an error adding your debit card, you'll need to use ACH instead

Things to keep in mind

  • While you’re welcome to add a different account for payments, funds can only be deposited to the account you applied with or a debit card associated with the account.
  • An error in your bank account or routing number could delay your money—double-check the last 4 digits of your bank account number under the Profile tab in the app
  • Occasionally, there may be a delay sending funds to your bank. When this happens, our team automatically works to resolve it and will reach out if any action is needed on your end. 

Having trouble receiving your funds?

If you haven't received your money by 5PM PST on your displayed arrival date, contact our Customer Success team using the Contact Us form in the app

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Comments

13 comments

  • I'm gonna be successful no mother what

    0
  • I haven’t received my payment in the right bank account

    5
  • Have not received loan yet

    3
  • I have not received the loan deposit. App is showing I have the loan and also reflects repayment dates. No deposits have been made.

    1
  • I don't understand why the deposit didn't go through

    0
  • I still after week on not receiving loan do I will cancel if not in by today, and gave bank put stop payment if not in today by 5 pm est

    1
  • I've never had a problem receiving my loan ACH into my bank. I always choose "instant" and it is there within minutes. Not this time. I have sent email to Possible... No response as of yet.

    0
  • I was asked to get with the possible team to resolve this issue

    0
  • I am still waiting for the loan to hit. I don't understand and I'm not getting an answer... Hello

    0
  • Same problem. Shows how to repay but never received money

    0
  • Where is my loan

    -1
  • Where is my loan

    0
  • Hi Possible Friends!

    Checking account deposits (ACH) may take longer especially if you took a loan out just before or during the weekend. 

    Please review the article above for information on how to calculate when you should expect to see your funds in your bank. If you have not seen your funds after the expected arrival date, please go to 'My Requests' to create a ticket , or select "contact us" in the app. Thank you! 

    0

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