What is the cost of a loan?

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 loan costs $15 for every $100 borrowed.
  • In California, a Possible loan costs $17.65 for every $100 borrowed.
  • In Idaho and Utah, ​a Possible loan costs $20 for every $100 borrowed.
  • In Texas, Louisiana, Ohio, and Florida the borrowing fee is not a flat rate. Please download the app and use the blue slider tool for more specific information regarding fees.

Your fees are divided equally among 4 payments and you are given approximately 8 weeks to repay.

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. 

Was this article helpful?
15 out of 17 found this helpful



Article is closed for comments.