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 drop your credit score 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. To see how your individual credit score may be affected by a hard inquiry, you can use the … read full answercredit score simulator on WalletHub.
It's worth noting that some people may be uncertain about whether Plain Green does a hard inquiry because there's only a soft inquiry during the pre-qualification process. Soft inquiries do not impact your credit score. But that's just the first step, and a hard inquiry is required when you officially apply.
If not having a hard inquiry is important to you, lenders that don't do a hard pull at all include OppLoans, NetCredit and Integra Credit.
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.… read full answer
Plain Green Personal Loan Requirements
Minimum Income: $1,000 per month minimum income
Age: 18+
Residency: U.S. citizen or permanent resident
Identification Type: SSN
Once you make sure you've met all the requirements for a Plain Green personal loan, you should have a good chance of approval. However, the exact interest rate you receive will depend on factors such as your credit score, income and debt.
You can use WalletHub's free pre-qualification tool to see if you're likely to get approved and what rates you could get. Plus, it won't hurt your credit.
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 Green personal loan requirements, as well.… read full answer
Plain Green Personal Loan Requirements
$1,000 monthly income
Be at least 18 years old
Be a US citizen or permanent resident
Have a Social Security number
Must live in one of the 24 states where they operate
If you want a better idea of what personal loans you may qualify for with your income, you can use WalletHub's free pre-qualification tool.
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