When you’re tight on cash and time, a short-term loan can be a handy way to get the extra money you need. Green Dollar Loans offers both installment loans and auto title loans. But its limited contact information and lack of reviews might not make it your top choice when looking for a lender.
$500
Min. Amount
$10,000
Max. Amount
Same business day to 1 business days
Turnaround time
| Product Name | Green Dollar Loans |
|---|---|
| Min. Amount | $500 |
| Max. Amount | $10,000 |
| Loan Term | Up to 3 years |
| Turnaround Time | Same business day to 1 business days |
| Costs | Varies |
| Requirements | You must have proof of a government-issued ID, have a regular source of income, be a citizen or permanent resident of the US or Canada and be at least 18 years old |
Green Dollar Loans a direct lender that specializes in providing both installment loans and auto title loans to residents of the US and Canada. You won’t need good credit to apply, and you may be able to borrow between $500 and $10,000.
If you’re approved, you’ll repay the amount you borrow in installments. Loan terms can last Up to 3 years. And if you end up needing to refinance your loan, Green Dollar can help you find an extension option.
Green Dollar Loans doesn’t have a BBB or Trustpilot page — and with no direct way to contact it, you may want to consider a different loan service that has a history of positive customer interaction.
Although Green Dollar Loans has safety measures up, it does make a few promises that some borrowers might consider red flags. Not only does it claim instant approval, but it also states that you may be able to get same-day funding.
It’s definitely worthwhile to read over your contract carefully to be sure it abides by your state’s laws and regulations.
Green Dollar Loans runs a secure website, but that’s about all the safety information it provides. Its privacy policy states how it uses your personal information and how you might be able to control sharing. And of course, you have to opt in for email and text message notifications. If you decide you no longer want these, you can choose to stop receiving them at any time.
You’ll only have to meet some basic eligibility criteria to be considered for a loan.
For auto title loans, you’ll also need to provide proof of insurance and registration as well as a lien-free vehicle title.
Green Dollar Loans has a quick application. You’ll only need to enter your desired loan amount, your name, your phone number, your email address and your zip code.
Once you do, Green Dollar Loans will contact you within 15 minutes. When you speak to a loan specialist over the phone, be prepared with the following:
Loan terms vary from a few months to three years. The exact length of your term — and the fees you pay — will depend on your financial situation and the laws of your state or province.
A longer loan term can lead to smaller installments, but you end up paying more in interest. Before you accept the loan’s contract, take time to review it carefully so you know how much you’ll be paying.
As with all short-term loans, make sure you have a budget in place and are able to pay back your loan each month. If not, you could face steep late fees and other charges from Green Dollar.
Green Dollar Loans offers some of the larger installment loans out there, but they come at a price: You won’t know the potential terms of your loan until you apply over the phone.
If you’re not sure about Green Dot’s promises — or just want to compare your options — you can browse our guide to installment loans or read up on auto title loans to be sure you know the rules and regulations before you agree to a loan.
