- Secure Application
- Get Approved Fast
- Get Money as Soon as Today
APPLY IN MINUTES TO SEE IF YOU QUALIFY FOR A SPOTLOAN OFFER
Explore Your Loan Options
- Fast Approval
- Easy Application Process
- Flexible Repayment Options
Approved within 24 Hours
Get It As Soon As Today!
Checking your rate won't affect your credit score
Based on your selection, you will make
21 payments of $116
(based on our maximum APR of 490%)
How Spotloan Works
The Spotloan application is fast, easy, and secure. Apply, accept your loan terms before 11:30 a.m. CT, and get money in your account as soon as today!
Life saver... Absolutely amazing!
— Dominique, June 2022
- Verified Borrower
FROM APPLICATION TO APPROVAL: YOUR ROADMAP
step
1
PICK YOUR TERMS
Think about how much you need to borrow and select a payment amount that works for your budget.
You choose how long you want to pay the loan back – take as long as 10 months to pay.
Plus, you can pay your loan off early with no prepayment penalties.
step
2
FILL OUT A SIMPLE ONLINE APPLICATION
Our application is completely secure and confidential.
Apply online in ten minutes or less. If you are approved, you can get up to $800.
step
3
GET YOUR MONEY IN YOUR BANK ACCOUNT
If you accepted your loan terms on a Monday through Friday, before 11:30 a.m. CT, Spotloan will transfer the money to your bank by the end of the business day.
If you accepted your loan terms on a Monday through Thursday between 11:30 a.m. CT and 8 p.m. CT, Spotloan will transfer your funds to your bank overnight.
If you accepted your loan terms on a Friday after 11:30 a.m. CT through anytime on Sunday, Spotloan will transfer your money over the weekend and it will arrive at your bank by the end of the next business day.
Spotloan is a better way to borrow extra money when you need it. It’s not a payday loan. It’s an installment loan, which means you pay down the balance with each on-time payment. Borrow up to $1500 (up to $800 for new and repeat borrowers, up to $1500 for preferred customers with 10 or more loans). Then, pay us back a little at a time.
Approved within minutes
WHAT YOU’LL NEED TO APPLY
Regular Source of Income
A Qualifying Bank Account
Valid Contact Information
To apply for a Spotloan, you should be prepared to answer questions regarding your income and pay frequency. You will also need to provide banking information including the routing number and account number for your financial institution where you would like your funds deposited. Finally, you should be prepared to provide personal and contact information including social security number, your physical mailing address, a valid email address, and telephone number.
Consumers have multiple types of loans from which to choose, including home loans, car loans, credit card advances, and home equity loans. Online installment loans are designed to help when you need a short-term loan fast and have bad credit or even no credit.
Consider an online installment loan if you’re short on money, don’t have other credit options, and need help with expenses.
The application process is fast as it is done completely online. Most people complete the process in about 10 minutes.
If you accepted your loan terms on a Monday through Friday, before 11:30 a.m. CT, Spotloan will transfer the money to your bank by no later than the end of the same business day. If you accepted your loan terms on a Monday through Thursday between 11:30 a.m. CT and 8 p.m. CT, Spotloan will transfer your funds to your bank overnight. If you accepted your loan terms on a Friday after 11:30 a.m. CT through anytime on Sunday, Spotloan will transfer your money over the weekend and it will arrive at your bank by the end of the next business day.
Most lenders shy away from lower credit scores that rely on prior loan and credit card history available from the 3 credit bureaus. However, we reach beyond the bureaus and scores using an advanced algorithm to spot real people with the real intent to pay, despite low credit scores, past credit problems, or lacking credit history.
If you have a bad credit score, or have not borrowed before, Spotloan can help you get money fast. No collateral is required.
Only you can decide if a Spotloan is right for you.
Banks, credit cards, or even friends and family may be able to offer you better loan terms. We encourage you to check with them before you apply for a Spotloan.
AVAILABILITY AND RATES
Spotloans are currently available to residents of all states except Arkansas, Connecticut, District of Columbia, Illinois, Maryland, Minnesota, New York, North Dakota, Pennsylvania, Vermont, Virginia, and West Virginia.
Our maximum Annual Percentage Rate (APR) is 490%. APR expresses the cost of the loan as a percentage of the amount borrowed converted to an annual rate.
Spotloan does not discriminate against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of an applicant’s income derives from any public assistance program, or because an applicant has in good faith exercised any right under the Consumer Credit Protection Act.
If you have any questions about Spotloan, please contact us or check out our FAQ for further information.
