Scam
They are not the bankers
SCAM
I feel like this is a scam random people started calling an texting after I gave my personal information
just 4 star rate
just 4 star rate no text
nice
took 200 with no problems
Like it
easiest app for loans
Archived App
This is an archived listing of the app previously available on the App Store.Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.
About
Access quick cash loans of up to $500 for unexpected expenses or short-term financial needs. This app offers a fast, paperless process with same-day approval decisions and a soft credit check that doesn't harm your credit history.
✓Borrow up to $500 cash
✓Available 24/7
✓Fast online borrowing
✓Same-day approval decision
✓Soft credit check
✓No hidden fees
✓Solutions for poor credit
Show original description
What's New in 500 Loan
1.0
February 7, 2024
User reviews
FAQ
What is this app for?
This app helps users borrow cash, specifically around $500, for unexpected expenses or short-term financial needs. It acts as a connection to a database of direct lending services, offering a fast and straightforward way to access funds without extensive paperwork.
What are the key features of this app?
Key features include 24/7 availability, a fast online borrowing process, same-day approval decisions, and a soft credit check that does not harm your credit history. It also emphasizes no hidden fees and provides money solutions for individuals with poor credit ratings.
How much does it cost to use this app?
The app itself is free to use. It does not charge fees for connecting users with payday lenders. However, the lenders you are connected with will have their own repayment terms, interest rates (APR), and potential fees associated with the loan.
What are the repayment terms and APR for a loan?
Repayment periods for a $500 loan typically range from 65 days to 2 years, depending on the lender. The Annual Percentage Rate (APR) will not exceed 35.99%, with the lowest possible APR being 7.75%. For example, a $500 loan over 6 months at 24.75% APR would result in a monthly payment of $89.45 and a total repayment of $536.71.
Who is eligible to use this app for loans?
To be eligible, you must be at least 18 years old and have a steady income of at least $1,200 per month from sources like paychecks, retirement, disability benefits, or alimony. The app is also available in states where lending laws permit its services.