topic Re: Credible and Personal Loans - APPROVED! in General Credit Topics

Credible and Personal Loans - APPROVED!

Creditaddict — Tue, 05 Jan 2016 16:59:18 GMT

My partner used Credible that bounces your app out to multiple of the SP Personal Loan companies at same time and then spit back offers.... He had offers from Pave and Avant and 5 different offers from Avant... Upon going to Avant, he was actually offered to change the loan amount to more and submit all the required verification documents.

A few hours later he received email to sign loan documents and also a modification to loan amount almost at same time but only by like $1800.

A few hours after signing the loan docs he received email that it was approved and would be deposited within 1 day but showed a funding date of Friday.

This morning the money is in the checking account!!!

This was applied for on Saturday... That was incredibly fast!!

Re: Credible and Personal Loans - APPROVED!

Saleen099 — Tue, 05 Jan 2016 17:03:49 GMT

Nice Congrats!!!!!

Re: Credible and Personal Loans - APPROVED!

elim — Tue, 05 Jan 2016 17:20:59 GMT

Congrats. But... I'm not trying to give these lenders my $$$.

Re: Credible and Personal Loans - APPROVED!

Anonymous — Tue, 05 Jan 2016 18:52:17 GMT

If your utilization is in a bad spot no one is going to give you BT or new cards. 15% is better than 30% and as soon as your credit cards are paid off you will again get the balance transfer offers. that is the move I did and it put me into 700 TU range in a hurry.

Re: Credible and Personal Loans - APPROVED!

gibeon — Wed, 06 Jan 2016 00:36:07 GMT

Congrats Creditaddict!

They have a pretty good Android app, and it is easier to find the payoff/balance there than it is online. I imagine it is the same for the iOS app. The online site is a little limited, but still functional.

Also, mine took two months or so to first report, which can be helpful for utilization if the loan was to consolidate some debt.

They also will email your partner about 5-7 days before they auto withdraw an upcoming payment - which they do from the same account they deposited the funds into. (I haven't tried to change my payment account, so I'm not sure how difficult that would be/to accomplish.)

I hope your partner got a better interest rate than I did though!

Re: Credible and Personal Loans - APPROVED!

pizza1 — Wed, 06 Jan 2016 00:49:41 GMT

WOW!! Congrats to DP!! yay

Re: Credible and Personal Loans - APPROVED!

Anonymous — Wed, 06 Jan 2016 21:31:38 GMT

What was the APR on the Avant loan?