Once your Personal Loan agreement is signed, funds are disbursed as a single lump sum within 1 to 3 business days. During the application, you’ll link a bank account through Plaid, a trusted fintech partner that enables secure electronic connections between financial institutions and applications. This connection helps us move faster in two ways. It speeds up our review by automatically verifying your financial details, and it enables us to send funds directly to you, sometimes on the same day you sign.
Accounts connected through Plaid are automatically verified and typically do not require additional documentation, and funding won’t require additional documentation. However, if you run into trouble connecting your account through Plaid or decide to add your bank details manually, we will ask for additional documentation to verify your identity and account ownership. This helps keep things secure, but it may take longer for funds to be disbursed to your chosen account.