Plain Green’s requirements include being at least 18 years old, having enough income or assets to make the monthly payments and having a credit score of at least not disclosed, but cater to those with damaged credit. You will also need to have a verifiable bank account to qualify for a Plain Green personal loan.
Plain Green Requirements for Borrowers
Credit Score: not disclosed, but cater to those with damaged credit
Income: $1,000 per month
Age: 18+
Citizenship: U.S. citizen or permanent resident
Identification: Social Security number
Bank Account: Verifiable bank account
Residency: One of the 24 states where they operate
Before you apply for any personal loan, it’s a good idea to pre-qualify. While meeting all of the requirements gives you a good chance of approval, it’s never guaranteed. To pre-qualify with multiple lenders at once, check out WalletHub’s free pre-qualification tool.
Yes, Plain Green does a hard inquiry when you apply for a loan. This credit report inquiry will likely negatively impact your credit score and drop it by about 5 to 10 points, but you'll be able to get back on track with a few months of on-time payments.
Plain Green's hard inquiry will stay on your credit report for two years, but it won't affect your credit after one year, and the impact may subside before then....
It is not difficult to get a personal loan from Plain Green because they are known to lend to people with damaged credit scores, though they do not disclose an exact minimum score. Other Plain Green personal loan requirements include being at least 18 years old, having an SSN, and having enough income to afford monthly loan payments.
Yes, Plain Green will verify your income when you apply for a personal loan. Plain Green requires a minimum monthly income of $1,000 to ensure that you can make your payments, and if you don't meet the minimum income requirement, you likely won't get approved.
Unfortunately, Plain Green does not disclose what documents are needed to verify income. Simply meeting the income requirement does not guarantee approval for a loan, either. There are other Plain...
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.