If you need money quickly but don’t want to spend time browsing lenders, consider applying through Green Dot Money. This lending marketplace could include an option that fits your needs — even if you have poor credit.
Read on to learn how Green Dot Money can connect you to a short-term loan with fast funding.
As of May 2018, it appears that Green Dot Money is no longer operating. Green Dot continues to offer prepaid debit cards and a range of banking services. If you’re interested in a short-term loan, compare this selection of available providers.
$100
Min. Amount
$10,000
Max. Amount
| Product Name | Green Dot Money Loans |
|---|---|
| Min. Amount | $100 |
| Max. Amount | $10,000 |
| Loan Term | Varies |
| Loan Security | Unsecured |
| Requirements | You must live in one of its serviced states; be at your state’s age of majority; be a citizen or permanent resident of the US; have a steady source of income and a bank account or reusable debit card. |
As of May 2018, it appears that Green Dot Money is no longer operating. Green Dot continues to offer prepaid debit cards and a range of banking services. If you’re interested in a short-term loan, compare this selection of available providers.
Green Dot Money doesn’t provide loans directly. Instead, it’s a loan-connection service that can connect you to lenders willing to offer amounts and terms you specify in its simple online application. After you apply, you choose a loan from among those you’re eligible for and accept a contract on the specific lender’s website.
How short-term loan brokers work
Select your state of residence to view providers in your area. Sort by loan amount, turnaround time or requirements, or select the Go to site button for more information from a particular provider.
You have other options when short-term loans aren’t the right choice
As with most loan-connection services, it’s free to search for a loan through Green Dot Money. In fact, you won’t pay anything until you sign a loan contract. At that time, you’re responsible for any costs determined by your lender.
Yes. Green Dot Money is legit. It complies with federal regulations when it comes to keeping your information safe. Your files are private and secure on its servers, and your personal details are shared only if it’s necessary to find you a lender.
Make sure your lender’s legit before you sign any contract
| BBB accredited | Yes |
|---|---|
| BBB rating | NR |
| BBB customer reviews | 1.04 out of 5 stars, based on 574 customer reviews |
| BBB customer complaints | 4,662 |
| Trustpilot score | 1.3 out of 5, based on 120 customer reviews |
| AppStore score | 3.5 out of 5 stars, based on 6,596 customer reviews |
| Google Play score | 4.2 out of 5 stars, based on 50,178 customer reviews |
| Customer reviews verified as of | 16 October 2020 |
It’s good practice to consider reviews when choosing a loan-connection service and a lender. If you don’t think Green Dot Money is the right option for you, you can always compare your other options.
The Green Dot Money application is quick and simple. You’ll need to provide some basic information at this step and prepare to give up more once you’re connected with a lender. Here’s what you’ll need:
Eligibility criteria:
To get a Green Dot Money loan you must:
Required information:
If you’re in need of cash and looking for quick funding, let Green Dot Money do the work of finding a lender for you. You may find a loan that meets your needs and helps you pay for whatever financial emergencies come your way. Consider other short-term loan brokers if you’d to compare your options.
When I apply for a loan through Green Dot Money, how does it affect my credit score?
Applying through a connection service doesn’t affect your credit, and Green Dot Money doesn’t report your inquiry to any credit agency. Keep in mind that a lender may choose to do so once you sign a contract.
What happens if I repay my loan early?
It depends on the individual lender. When reviewing your loan contract, ask about prepayment. Some payday loan lenders charge extra fees for early repayment.
How long will it take for me to receive my approved funds?
Funds are usually deposited into your bank account by the next business day, but it ultimately depends on your lender and your bank.
How will a late payment on a loan affect my credit?
It depends. Not all lenders report to the big three credit agencies that handle credit, but some might choose to report late or missing payments.
Reporting is at the discretion of the lender, and Green Dot Money has no control over your loan search once you find a suitable lender. Contact Green Dot Money as soon as you know your payment will be late to discuss the situation.
Green Dot Money Loans is not currently available on Finder
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18 Comments
September 23, 2019
My husband is getting a loan through Green Dot. I’m a little worried because they say everything looks good. But I’m the morning he is supposed to wait on a call then they do a backdoor credit check an they said he would have the money by tomorrow night or the next morning. This just sounds fishy to me.
September 23, 2019
Hi BJ,
Thanks for getting in touch!
I understand your position. Most legitimate lenders will check your credit to determine if you’re able to repay them. If a lender isn’t interested in seeing your credit score, it’s one of the warning signs of a personal loan scam so you should be wary of them instead.
There are also lenders that have a pre-approval process- for applicants to see whether they can qualify and to show them what interest rates, fees, and loan terms they could get without doing a hard inquiry on their credit report. Then when it’s time to finalize the application, that’s when the lender will do a hard credit check which will appear on the lender’s credit report.
This might be the case with Green Dot so it’s worth speaking to them about their loan application process to clear things out.
Hope this helps!
Cheers,
Nikki
July 26, 2019
Could you guys help find a lender
July 26, 2019
Hi Angela,
Thanks for leaving a question on our page.
We are more than happy to help! You can use our short-term loans comparison to help you assess lenders in terms of the maximum loan amount they offer, turnaround time and requirements to find one that’s suitable for your financing needs.
Carefully review their eligibility criteria before applying to increase your chances of approval. Read up on the terms and conditions to see whether it is right for you.
Hope this helps!
Best,
Nikki
March 4, 2019
Where exactly do you go to apply? I’ve searched green dot money and the website doesn’t show the option to apply for a loan.
March 4, 2019
Hi Cece,
Thanks for reaching out to finder – According to our page, it states, “Green Dot Money doesn’t provide loans directly. Instead, it’s a loan-connection service that can connect you to lenders willing to offer amounts and terms you specify in its simple online application. After you apply, you choose a loan from among those you’re eligible for and accept a contract on the specific lender’s website.”
Hope this helps!
Best,
Nikki
January 2, 2019
Does cash store consider green dot Visa card a valid bank account I’ve had it for a year or two now already and it says it’s a checking account
January 2, 2019
Hi Joe,
Thanks for getting in touch! Cash store considers an active checking account as one of their eligibility requirements. To find out your eligibility for Cash Store, we suggest contacting Cash Store directly. A friendly reminder to please review the terms and conditions and product disclosure statement of their policy before lodging an application.
Hope this helps!
Best,
Nikki
September 29, 2018
Do you know if CashnetUSA will load my funds onto a Go Bank card even though they said they don’t accept prepaid cards?
September 29, 2018
Hi Brandon,
Thanks for reaching out to finder.
Go Bank is not a prepaid card. It is a checking account which comes with a debit card and you can easily access your account online and on mobile. You can write checks with it; deposit cash and checks to your account; transfer money and pay bills online. CashnetUSA requires borrowers to have an active checking account so Go Bank account should be accepted.
You can also contact CashnetUSA for further assistance on this. Hope this helps.
Cheers,
Charisse