How to I get a new loan if my existing one isn't paid off (re-borrow)?
You can now re-borrow even if your existing loan hasn't been paid off! You can borrow up to $1,000 with the click of a mouse and receive the funds in as little as 5 minutes.
Re-borrowing adds the new loan amount to your existing loan and the payment term is extended by 3, 6 or 12 months of your choosing. You can even change your payment frequency at the same time.
To qualify for re-borrowing you must have:
- No missed payments
- At least 25% of your existing loan paid off
- A loan that's at least 90 days old
- On a Personal, Small Business or Coffee Cup Loan