Is Spring Financial safe?

Spring Financial uses Flinks as part of the underwriting process, which is used by many other financial companies and is widely considered a secure online bank verification tool.

Is Spring Financial a scam?

Spring Financial is a legitimate direct lender. However, watch out for scammers pretending to be Spring Financial.

How long will it take to get my money?

Spring Financial's process is 100% online. You can get your money as soon as the same business day.

Is Spring Financial the same as easyfinancial?

No. Spring Financial and easyfinancial are two different loan companies. However, they both offer personal loans to people who may not get approved by financial institutions.

Does everyone get approved for Spring Financial?

Spring Financial has easier requirements than banks and credit unions, but it does not approve everyone, especially for its personal loans. If you're not approved for its personal loan, it may approve you for its credit builder loan (The Foundation) instead, but this isn't guaranteed either.

How do I know if I've been approved for a loan?

Spring Financial says it doesn't take long to get an approval. Basically, once you've applied, keep an eye on your phone as a representative will call you to review your application and organize your next steps.

How long does the process take?

The application and approvals process can be done in a single phone call. Once you're approved, you can sign loan documents on the spot and receive the funds into your account as early as the same day. Almost all deposits are made within one to two business days, according to Spring Financial.

What information is disclosed to references?

Only some applicants will need to provide personal references and employment verification. With personal references, Spring Financial will not call your reference during the application process but will instead keep the reference information on file. For employment verification, Spring Financial says it will call your place of work to confirm that you do work for the company. Whoever confirms your employment will not be told what you're applying for and Spring Financial will not disclose any of your application details.