We strive to keep our fees as affordable as possible for our customers!
Our borrowing fee varies by state and is subject to change over time. Here's a current breakdown:
- In Washington state, a Possible Finance loan costs $15 for every $100 borrowed.
- In California, a Possible Finance loan costs $17.65 for every $100 borrowed.
- In Idaho and Utah, a Possible Finance loan costs $20 for every $100 borrowed.
- In Texas, Ohio, and Florida the borrowing fee is not a flat rate. Please download the app and use the blue slider (see image below) for more specific information regarding fees.
Borrowing fees are divided equally among your 4 payments and you have approximately 8 weeks to pay.
Our algorithm does it's best to select your payment dates according to your paydays.
If you need to adjust your payment dates, you can use the Update payment dates feature in the app after your loan is accepted. We offer a 29-day grace period for added flexibility. You can move your dates around in the app while you are still within that grace period.