How to apply for the Plain Green loans?
Plain Green loans are free-fee, fast funding, and more. Check out how to apply for one to help you with your needs and goals!
by Aline Augusto
Applying for Plain Green loans: free-fee and fast funding!
Plain Green loans offer a small amount of money ranging from $500 to $5,000. But note that if you are a new customer, you will get $1,000.
Even though the interest rates are high, it doesn’t charge origination, late, or prepayment fees whatsoever.
If you want to apply for a loan, you need to be a U.S citizen or permanent resident with a valid Social Security Number and in the age of majority.
Also, you need to show a minimum income of $1,000 per month with a valid and active checking account.
Now, learn how to get your loan.
Access the Plain Green loans website. Although it doesn’t offer a pre-qualification option, you can get an online calculator to estimate the costs, rates, and more.
Then, submit your application. Also, check out the requirements before applying.
Finally, it usually returns to you with a decision within one business day. If approved, you will probably receive your fund in one additional business day.
Apply using the app
Unfortunately, there is no mobile app available.
Plain Green loan vs. Rocket Loans
If you need a small amount of money with no fees, you should consider Plain Green. On the other hand, Rocket offers longer terms with reasonable APRs.
Take a look at the comparison table, and check out how to apply for a loan at Rocket!
|Plain Green Loans||Rocket Loans|
|APR||From 210% to 428%||From 5.97% to 29.99% with autopay|
|Loan Purpose||Other||Personal, including home improvement, auto expenses, travel and vacation, debt consolidation, other large expenses|
|Loan Amounts||From $500 to $5,000||From $2,000 to $45,000|
|Credit Needed||Not disclosed||At least 580 – Fair|
|Terms||From 10 to 26 months||From 3 to 5 years|
|Origination Fee||None||From 1% to 6%|
|Late Fee||None||$15 for each payment cycle|
|Early Payoff Penalty||None||None|
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