Last Updated: June 7, 2024
Possible Loan
Direct Lending
California
Possible Finance is licensed by the Department of Financial Protection and Innovation, pursuant to the California Deferred Deposit Transaction Law, License #10DBO-105848. Maximum loan amount in California is $250.
Example Fee Schedule
*The loan will initially be issued as a 14 day loan that is due in a lump sum on the 14th day. But don’t worry! We will offer you an extended repayment plan with four equal installments over eight weeks at no additional cost as soon as your loan is originated.
Possible Financial Inc. cannot use the criminal process against a consumer to collect any deferred deposit transaction.
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Pilot Program for Increased Access to Small Dollar Loans
Consumer Financing Law License →
Louisiana
IF YOU CANNOT MAKE PAYMENT WHEN DUE, YOU CAN ASK TO ENTER INTO AN EXTENDED PAYMENT PLAN ONCE IN A TWELVE-MONTH PERIOD, BUT THE REQUEST MUST BE MADE BEFORE PAYMENT IS DUE. SHOULD YOUR LENDER (LICENSEE) REFUSE TO ENTER INTO AN EXTENDED PAYMENT PLAN UPON YOUR REQUEST BEFORE THE DUE DATE, CONTACT THE OFFICE OF FINANCIAL INSTITUTIONS AT 1-888-525-9414.
Interest : $16.75 for every $100 borrowed
Documentation Fee : $10 for every loan
Nevada
If you default on a loan, Possible Finance must offer you a repayment plan before any civil action or process of alternative dispute resolution can commence. To submit a complaint, you may contact the Nevada Department of Business and Industry at (866) 858-8951.
Ohio
Oregon
Utah
Virginia
Washington
If you have questions about your rights and responsibilities when taking out a payday loan, contact the Department of Financial Institutions at 1-800-RINGDFI (1-877-746-4334), or 360-902-8700, or 150 Israel Road S.W., Tumwater, Washington, 98501.
Your right to rescind (cancel) this loan. You have the right to rescind this loan by returning the amount of the loan in cash or returning the check given to you by us to our office by the close of business on our next business day following the date of this loan. We may not charge you for canceling the loan and we will return to you, or at your request destroy any postdated check or electronic equivalent authorization you have given to us. If the ACH authorization cannot be destroyed it becomes void if you cancel the loan.
Your right to an installment plan when you are unable to pay your small loan when it is due.
If you will be or are unable to pay your loan when it is due, you may convert your loan to an installment plan with us by notifying us on or before the loan’s due date. If your loan amount is four hundred dollars or less, you may enter into an installment plan that allows you to pay off your loan in substantially equal payments over ninety days. If your loan amount is more than four hundred dollars, you may enter into an installment plan that allows you to pay off your loan in substantially equal payments over one hundred eighty days.
An installment plan will allow you to pay all that you owe without having to pay any additional fees, interest charges, or other charges for converting your small loan into an installment plan.
Example Fee Schedule
Wisconsin
Loan Servicing
Iowa
Texas
This business is licensed and examined under Texas law by the Office of Consumer Credit Commissioner (OCCC), a state agency. If a complaint or question cannot be resolved by contacting the business, consumers can contact the OCCC to file a complaint or ask a general credit-related question.
OCCC address: 2601 N. Lamar Blvd., Austin, Texas 78705
Phone : (800) 538-1579
Fax : (512) 936-7610
Website : occc.texas.gov
Email : consumer.complaints@occc.texas.gov
An advance of money obtained through a payday loan or auto title loan is not intended to meet long-term financial needs. A payday loan or auto title loan should only be used to meet immediate short-term cash needs. Refinancing the loan rather than paying the debt in full when due will require the payment of additional charges.
Example Fee Schedule
*Fourth payment amount may vary slightly based on timing of repayment. See example for $200.
Possible Card
Card Servicing
Arizona
California
Hawaii
Illinois
Iowa
Louisiana
Maryland
Massachusetts
New Jersey
Oregon
The terms and conditions of receiving a Possible Card are subject Oregon law, including but not limited to the interest rate caps contained in ORS 725.340, which provide that interest cannot exceed the greater of 36 percent or 30 percentage points in excess of the discount window primary credit rate expressed as an annual percentage rate, and the Oregon Unlawful Trade Practices Act.
Pennsylvania
South Dakota
Vermont
Loan Solicitation License - Other Trade Name #1 →
Loan Solicitation License - Other Trade Name #2 →
THIS IS A LOAN SOLICITATION ONLY. POSSIBLE FINANCE IS NOT THE LENDER. INFORMATION RECEIVED WILL BE SHARED WITH COASTAL COMMUNITY BANK IN CONNECTION WITH YOUR LOAN INQUIRY. COASTAL COMMUNITY BANK MAY NOT BE SUBJECT TO ALL VERMONT LENDING LAWS. COASTAL COMMUNITY BANK MAY BE SUBJECT TO FEDERAL LENDING LAWS.