What bank does Plain Green use?

It takes 1 to 2 business days to get money from a Plain Green personal loan, in most cases. That includes both the time it takes to get approved and the time it takes for the funds to be delivered after approval. Keep in mind that this is a typical applicant’s experience, and in some cases it could take longer.… read full answer

How to Get Money From Plain Green as Fast as Possible

• Fill out the application carefully. You should make sure that all information you enter on the application is correct and complete. That will eliminate any potential delays from Plain Green having to request additional information.
• Check your credit report for errors. Before you apply, you should verify that everything on your credit report is accurate, as any incorrect negatives on there could impact your chances of approval. If you find any errors, you should dispute them right away to get them removed.
• Get an electronic funds transfer. Plain Green offers loan payouts through an electronic funds transfer to your bank account or by paper check. The transfer is the faster option.

Yes, a Plain Green personal loan does affect your credit score, both when you apply and during the entire time that you are paying the loan off. Initially, a Plain Greenpersonal loan will affect your credit score in a negative way, but the long-term impact can be very positive, assuming you repay the loan on schedule.… read full answer

How a Plain Green Personal Loan Affects Your Credit Score

Hard pull: When you apply for a Plain Green personal loan, Plain Green will do a hard inquiry into your credit history, which will temporarily drop your credit score by about 5-10 points in most cases.

Increased debt level: Taking out a Plain Green personal loan will naturally increase the amount of debt that you have. Since your debt level is one of the components of your credit score, you can expect that to have a negative impact initially.

Account diversity: One positive way that getting a Plain Green personal loan can impact your score right away is by adding more diversity to the types of accounts you have open. Your "credit mix" is one of the components of your credit score, and the more types of accounts you have, the better - as long as you handle them responsibly.

Payments: The biggest factor in how a Plain Green personal loan affects your credit score is whether you pay on time. If you make on-time payments, your score should steadily increase as a result. If you pay late or fail to make payments altogether, you can expect your credit score to drop.

The bottom line is that while a Plain Green personal loan does affect your credit score, most of the way that your score changes depends on how responsible you are with the loan. If you'd like to estimate how certain actions might affect your credit score, you can use WalletHub's free credit score simulator.

Plain Green does not offer personal loan pre-approval, which means you cannot see your odds of approval and potential interest rates before applying. Most other personal loan providers do offer pre-approval, which can be very helpful for potential applicants.

Even though Plain Green does not offer personal loan pre-approval, you can try out WalletHub's free … read full answerpre-approval tool, which checks with multiple other personal loan providers at the same time. It may help you find a good offer from a lender you weren't originally considering. This process will have no impact on your credit score.